Cryptocurrency

Price Prediction Of Aptos (APT) And Ethereum (ETH), Collateral Network (COLT) Set To Capture Largest Market Share In 2023

IndustryTrends

Collateral Network's (COLT) multiple use cases, supplemented by a huge value proposition, a novel business roadmap, and promising market viability, have made fortunes for its presale investors.

Analysts believe that the value of Collateral Network (COLT) will soar by 3500% in the upcoming weeks. On the other hand, the future growth chart of Aptos (APT) and Ethereum (ETH) seems gloomy.

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Aptos (APT) Fails To Maintain Its Growth Momentum

Aptos (APT) has made big room for itself in the crypto market. Aptos (APT) was built to facilitate the development of a new generation of dApps (decentralized applications). The Aptos (APT) network boasts faster speed, improved scalability, and lower cost in comparison to other layer-1 protocols.

This has increased the adoption of Aptos (APT) among developers. Notably, the demand for Aptos (APT) hit its peak at the beginning of 2023. In January, Aptos (APT) reached its all-time high of $19.90 after registering a growth rate of about 400%.

However, Aptos (APT) has not been able to maintain its growth, and has fallen in the past few weeks. The value of Aptos (APT) has plummeted by 25% in the last 30 days. Consequently, Aptos (APT) is being traded at $10.25, which is 49% below its all-time high.

Ethereum (ETH) Drops Due To Overall Market Crash

Ethereum (ETH) is the most-used blockchain network in the world. Hence, the market performance of Ethereum (ETH) is not only dependent on its network but also on the position of projects based on it.

Therefore, the prevailing bearish sentiments, and declining trade volume have pulled the price of Ethereum (ETH) down. To address the declining trade volume, Ethereum (ETH) has announced bringing Shanghai upgrade on the network by mid-April.

Ethereum's (ETH) Shanghai upgrade will hit the Goerli test network on March 14. Meanwhile, the price of Ethereum (ETH) has fallen by 6% in the last seven days. As a result, Ethereum (ETH) currently trades at $1,479.17, which is 70% below its all-time high of $4,891.70.

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Collateral Network (COLT) Launches The Most Profitable Presale Phase

Collateral Network (COLT) is the first decentralized peer-to-peer crowdlending platform in the world that streamlines the exercise of borrowing and lending through the use of NFTs.

The platform receives and stores real-world assets owned by borrowers as collateral, and mints fractional NFTs against them to facilitate a decentralized crowdlending platform. These assets can range from supercars to luxury watches, and more. Multiple lenders can fund the borrower's loan via these NFTs.

On Collateral Network (COLT), borrowers can obtain a loan at competitive rates within 24 hours, a stark change from the slow processing rates and demoralizing credit checks of old. Lenders benefit from a fixed interest rate, generating them a passive income from their capital.

Collateral Network's (COLT) smart contract has been fully audited. Besides, Collateral Network (COLT) has a hybrid infrastructure model that allows for multi-chain capabilities. The platform also boasts a liquidity pool that will remain locked for 33 years to create institutional-level liquidity on the network.

Collateral Network will be powered by its native token, COLT. The price of COLT for the presale round starts at $0.01, and is anticipated to increase to $0.35 in the next couple of weeks. Several benefits, including discounted transaction fees, voting rights, and access to the VIP members club, will be offered to COLT holders.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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