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Projects with long-term upside potential and a solid foundation make for a perfect investment opportunity, and Collateral Network (COLT) checks all those boxes. This crypto challenger lender, currently in stage 1 of its presale, is expected to bring 35x gains to early investors, while KuCoin Token (KCS) and Uniswap (UNI) are showing minimal returns.
>>BUY COLT TOKENS NOW<<
When KuCoin introduced an updated UI upgrade to its Spotlight this past week, the KuCoin Token (KCS) value slightly rose. After the update, KuCoin Token (KCS) jumped to $8.46, soaring 3.7%.
KuCoin Token (KCS) has lost a small amount of that momentum as it trades at $8.45, a rise of 1.04% overnight, at the time of writing. The technical analysis of KuCoin Token (KCS) also paints a neutral sentiment, with its technical indicators in green and moving averages in red.
The trading volume of KuCoin Token (KCS) has decreased by 15% in the last day and now sits at $933,911. With this fall and rising selling pressure, experts predict KuCoin Token (KCS) may see a fall to $8.40 soon. Even if bulls take control of KuCoin Token (KCS) once more, remember that it is still an exchange token with limited real-world utility.
By creating the first decentralized crowdlending platform that enables users to borrow money against their physical assets, Collateral Network is set to overhaul the lending sector completely.
Borrowers can now use super cars, rare wines, luxurious watches and more as collateral using a Collateral Network platform and borrow crypto. Off-chain assets are bought on-chain using blockchain and NFT technology.
NFTs are minted which represent the physical asset on a 1:1 basis, which is then fractionalized. Multiple lenders in the community are then able to fund a loan in the marketplace in smaller amounts for a predetermined interest rate effectively becoming their own mini bank.
The asset-backed lending industry is projected to be worth $1.7 trillion and Collateral Network's lending protocol is set to bring this sector into the web3 sphere. With a unique concept in a lucrative market in need of change this project has the potential to become a blue chip crypto.
With a current presale value of just $0.014, up over 40% from its initial price, now is the perfect time to purchase the COLT token. Only 38% of the 1.4b token supply will be available during the Collateral Network (COLT) presale, with experts predicting that COLT could jump to $0.35 by the end of the presale.
>>BUY COLT TOKENS NOW<<
Uniswap (UNI) recently revealed that it earned $77M in fees from its LPs in March alone. This data shows that DEX trading is still strong, and Uniswap (UNI) has been a major component.
Uniswap (UNI) has a value of $5.97, a jump of 1.90% in the past day alone. The technical analysis for Uniswap (UNI) also paints a good picture, with its moving averages showing buy signals.
However, the trading volume for Uniswap (UNI) decreased by 18% overnight, reaching $59,173,630. This fall could boost the Uniswap (UNI) selling pressure and push the Uniswap (UNI) price down to its support level of $4.70 within Q4 of 2023, according to bearish experts.
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 on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
