Tezos (XTZ) and Polygon (MATIC) Price Prediction 2023: Collateral Network (COLT) Dubbed The Next Crypto Biggy

After a brief bull run last week, most cryptocurrencies including Tezos (XTZ) and Polygon (MATIC) are now consolidating. Both tokens have dropped by more than 7% so far, as per data on CoinGecko. Meanwhile, Collateral Network (COLT), a new player, has been dubbed the next big thing in crypto because of its high growth potential. 

Tezos (XTZ)

Tezos is a popular layer 1 smart contract platform that majors on decentralized governance. Holders of the Tezos token can vote on proposals. Recently, Tezos activated its Mumbai upgrade via this unique feature. 

But the price of the Tezos token has not made impressive moves. After hitting a two-week low of $1.14, Tezos climbed to $1.21 earlier on April 19 before another slide took the token down to $1.05 by press time, according to CoinGecko. 

However, a report by Changelly reveals the Tezos (XTZ) prices expected in 2023 based on technical analysis. The minimum cost of Tezos will be $1.40, the maximum level is $1.67, and the average trading price is expected to be around  $1.46.

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Polygon (MATIC)

Polygon is a layer 2 solution that provides a more scalable ecosystem for DeFi activities while relying on Ethereum's security. Naturally, Polygon continues to witness massive adoption by DeFi users. And as such, Polygon boasts a booming DeFi ecosystem where the token is used for transactions.

Based on a report by Changelly, crypto analysts predict that the average Polygon (MATIC) price will be around $1.68 in 2023. The minimum price of Polygon will be $1.63 and the maximum level Polygon will reach is $2.00. Polygon (MATIC), at the time of writing, is trading at $1.04.

Collateral Network (COLT)

Collateral Network is a new DeFi protocol that is reinventing asset-backed lending. Collateral Network allows people to unlock liquidity from their real-world assets transparently and efficiently without credit checks or other red tape processes.

Here, borrowers send their physical assets to Collateral Network for verification. An NFT is minted that is 100% backed by the asset, and then the NFT is broken into smaller fractions. These fractionalized NFTs are sold to lenders to raise the loan for borrowers. In return, lenders receive passive income at fixed interest rates for the NFTs they purchase.

This is how Collateral Network simplifies the lending and borrowing process. And experts believe that Collateral Network is the next big thing in crypto. Interested investors can join the ongoing presale to buy the Collateral Network (COLT) token at a floor price, and position themselves for 35x gains.

Investors can be confident in Collateral Networks security as it has passed an Interfi Network audit, KYC, has a doxxed team and locked liquidity for 33 years.

By buying during the presale, you can get the token before it is released to the public. The first phase of the presale starts at $0.014 per COLT token, and a 40% bonus offer is available for a limited time. Act fast as the price is set to increase this week.

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