Looking For The Next Crypto To Pump In 2023? Don’t Miss Out On Ripple (XRP) And Collateral Network (COLT)

Crypto investors are always on the lookout for promising assets that can provide long-term growth opportunities. 

Two such leading assets could be Ripple (XRP), which is expected to experience a substantial increase in price this year, and Collateral Network (COLT), which has emerged as a revolutionary way of fractionalized NFT crowdlending ahead of 35x gains. 

In this article, we will review Ripple (XRP) and Collateral Network (COLT) to better understand their potential as long-term investments.

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Ripple (XRP) Holds Promise as a Long-Term Investment Despite Recent Price Drop

Ripple’s (XRP) price has slightly decreased, and is now being traded at $0.37, possibly due to concerns about the financial stability of Silvergate Bank. Despite recent price declines, investors still have reason to be hopeful about Ripple’s (XRP) potential as a long-term investment.

Ripple (XRP) is currently in a legal dispute with the SEC, but its CEO, Brad Garlinghouse, has expressed his belief that the case will be resolved this year. This could result in favorable news for Ripple (XRP). Although Ripple (XRP) has faced some recent market difficulties, its indicators suggest that it may rebound shortly, with its 30-day-moving average falling below its 200-day-moving average, and indicating a possible increase in value. 

The relative strength index (RSI) has also dropped to just below 40, which implies that buying Ripple (XRP) at a discount could be profitable. A key RSI support level is at $0.36, which could serve as a favorable entry point for Ripple (XRP) buyers.

If the Ripple-SEC legal case has a positive outcome, Ripple (XRP) may experience a substantial rally. Although it has failed to establish a new record high during the 2020-21 bull market, it has the potential to achieve this once the legal case is settled. If Ripple is allowed to continue operating its business, it could expand more aggressively, resulting in an increase in demand for XRP, and potentially driving substantial price increases later in the year.

Collateral Network (COLT): The Revolutionary Way of Fractionalized NFT Lending

Collateral Network (COLT) has won a reputation as a revolutionary new crowdlending platform that mints fractionalized NFTs backed by tangible assets. On Collateral Network (COLT), borrowers can receive short-term loans by using their assets like real estate, fine art, luxury supercars, watches and more. 

The asset used as collateral is minted as a fractionalized NFT and sold to lenders on the platform. As multiple lenders can purchase the NFT fractions, this enables them to collectively fund the loan. Lenders can therefore earn a share of the fixed interest rate for lending their capital, while borrowers can enjoy a 24 hour turnaround time.

The platform's native COLT tokens grant benefits like staking, governance rights and more. To enhance the network’s security and stability, Collateral Network (COLT) has locked team tokens for 2 years and liquidity for 33 years. COLT tokens are currently selling at $0.01. 

But an increase in the price of Collateral Network (COLT) tokens to $0.35 is predicted before the presale concludes. 

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Conclusion

Though Ripple (XRP) has faced recent market difficulties, investors still have reason to be hopeful about its potential as a long-term investment, especially if the legal case with the SEC has a positive outcome. 

Meanwhile, Collateral Network (COLT) has introduced an innovative approach to crowdlending that is gaining popularity among investors. With estimated 35x gains during presale, investors looking to capitalize on this growing trend should consider investing in Collateral Network (COLT).

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