Solana (SOL) and Collateral Network (COLT) are the new must-haves in your portfolio

by James · March 31, 2023

Collateral Network

Investors looking to diversify their cryptocurrency portfolio should forget Bitcoin (BTC) and turn their attention to Solana (SOL) and Collateral Network (COLT).

Currently traded at $0.01, Collateral Network (COLT) is expected to experience an astounding 35x surge during the presale, reaching $0.35. Its peer-to-peer platform and unparalleled liquidity are revolutionizing the lending industry through crowdlending and fractionalization, creating a dynamic and efficient market.

With huge potential for growth, Collateral Network (COLT) and Solana (SOL) are must-haves in any serious cryptocurrency portfolio.

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Table of Contents

Bitcoin (BTC)

Bitcoin (BTC), the king of cryptocurrencies, has recently gone through a chaotic and unstable era. The recent price behavior of Bitcoin (BTC) has been confusing, with Bitcoin (BTC) falling below $27,000 after the US Commodities Futures Trading Commission (CFTC) launched a lawsuit against Binance.

The complaint alleges that Binance provided unregistered crypto derivatives in the US, violated federal law and dragged Bitcoin (BTC) down.

With the uncertain fallout on Bitcoin (BTC) from the lawsuit and more government scrutiny becoming a pattern for Bitcoin (BTC) and the broader crypto market, some experts have predicted that Bitcoin (BTC) could fall below its previous breakout level of around $25,000 , increasing volatility for Bitcoin (BTC).

Solana (SOL)

Solana (SOL), the popular blockchain platform known for its speed and efficiency, has also been affected by the recent CFTC lawsuit that rocked the cryptocurrency market. Since May 2022, Solana (SOL) has witnessed a steady downward trend. Solana (SOL) is struggling, which indicates that the holders are heavy on the sell side.

Furthermore, the decline in NFT activity at Solana (SOL) has contributed to the problems of Solana (SOL). Even the higher time frame structure like the daily has been bearish on Solana (SOL) price charts, which could see Solana (SOL) fall further and head towards $19 and $17.7.

Solana (SOL) has experienced a massive 10.2% drop in the past week alone, leaving investors wondering what the future holds for this once-promising cryptocurrency.

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Collateral Network (COLT)

Collateral Network (COLT) is one pioneering peer-to-peer lending network which is revolutionizing the lending industry via asset-backed NFTs. Backed 1-to-1 by the borrowers’ physical assets, they are held in a safe and secured Collateral Network (COLT) facility.

Borrowers can use their tangible assets such as real estate, luxury watches, supercars, vintage wines and more to unlock liquidity on the platform. Since these are characterized as fractionalized NFTs, lenders are allowed to finance the loans, as a result earning themselves a share of the interest on the platform.

The Collateral Network (COLT) token provides holders with various benefits, including reduced interest rates, reduced trading fees, VIP group access and staking rights. With tokens growing in demand, the Collateral Network (COLT) is set to revolutionize lending and change how borrowers and lenders interact worldwide.

Analysts predict a staggering 3500% (35x) price increase for Collateral Network (COLT), which is currently trading at $0.01, with prices expected to reach $0.35. The Collateral Network (COLT) token is then expected to experience a massive increase of 100x when it is listed on major stock exchanges.