Portfolio diversification is something that every crypto investor must learn. Analysts have advised heading into the next bull market that Polygon (MATIC), Cardano (ADA), and Collateral Network (COLT) together make an excellent diversified portfolio. Polygon (MATIC) grants exposure to layer two scaling solutions, Cardano (ADA) to the continued growth of layer ones, and Collateral Network (COLT) to the huge growth of crowdlending, with a forecasted 35x price increase.
Collateral Network – Top ICO coin
Polygon – Top Layer 2 solution
Cardano – The sleeping giant
Polygon (MATIC)
Polygon (MATIC) has entered a consolidation phase, and on-chain analysis shows that many seasoned investors have opened long positions expecting Polygon (MATIC) to break to the upside.
Polygon (MATIC) has been enjoying adoption success thanks to the launch of its zk-evm, and recently released the GameFi projects on the network with the highest active user count, with Planet IX coming in first position with nearly 60,000 users in the past seven days. Reddit uses the Polygon (MATIC) network for its Collectible Avatars and will drop a new Gen 3 collection soon.
Polygon (MATIC) has done excellent work regarding partnerships and has attracted an incredibly diverse range of projects on the network. Analysts predict that Polygon (MATIC) will trade between $2.10 and $2.50 in 2024, making it a rough 2X from its price point, at the time of writing, of $1.17.
Cardano (ADA)
Cardano (ADA) similarly has been performing well since the start of last month and has seen increasing retail adoption. Many figureheads on crypto Twitter criticize Cardano (ADA) for being a coin only 'normal' people would buy. However, this has driven Cardano's (ADA) success.
Ordinary retail investors want something with a track record and something well-regulated. Cardano (ADA) meets both criteria and given it uses a proof of stake (PoS) consensus mechanism. Cardano (ADA) holders can also stake their tokens to validate the network and receive passive income in return.
Cardano (ADA) price predictions remain optimistic, with analysts predicting a range between $0.80 and $0.92 in 2024. Cardano (ADA), at the time of writing, trades at $0.39, representing a great entry point for long-term investors.
Collateral Network (COLT)
Collateral Network (COLT) exposes investors to the upside of real-world asset integration in DeFi, and for that reason is the most exciting protocol on the list. Polygon (MATIC) and Cardano (ADA) may yield investors 2X returns, but this is because they have already undergone their growth phases. In contrast, Collateral Network (COLT) is still in its presale and is allowing investors to join this exciting journey from the beginning.
Collateral Network (COLT) allows borrowers to use tangible off-chain assets as collateral for loans without selling or putting a record on their credit history. Collateral Network (COLT) makes this possible by minting NFTs that are 100% backed by the asset in question.
Assets owners can collateralize fine art, vintage cars, gold, watches, fine wines, and many other real-world assets, which means they can borrow against them from crowd-sourced global liquidity pools while lenders fund the loan and earn a fixed rate of interest. Collateral Network (COLT) provides the world's first decentralized crowdlending protocol for tangible assets, and investors should never underestimate the first mover effect.
Analysts have already forecasted that COLT will surge by 3,500% during its presale. COLT tokens have already surged from $0.01 to $0.014 in a matter of weeks. Real-world asset integration in DeFi will drive vast growth, and the Collateral Network (COLT) protocol rests at the frontier.
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
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
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.
.png){kind=logo}
