The market trends of the past few years suggest that investors must have some stable and long-term projects in their investment basket. Polygon (MATIC), Cardano (ADA) and Collateral Network (COLT) have emerged as profitable projects for investment in 2023. You can consider these projects for secured and long-term growth.
Collateral Network (COLT), a new web3 project, has emerged as a shining star in the crypto universe. The presale of Collateral Network (COLT) has begun, and experts have forecasted it to grow 3500% during presale.
Polygon (MATIC) Utilizes ZK Technology
Polygon (MATIC) has successfully tapped the zero-knowledge technology (ZK), which is considered the hottest trend in the crypto world this year. Recently, Polygon (MATIC) launched a new product called Polygon ID on ZK technology. Polygon (MATIC) will enable users to verify their identities without revealing sensitive information. Polygon (MATIC) specializes in scaling systems for the Ethereum (ETH) blockchain. Besides, Polygon (MATIC) is recognised as a good option for long-term investments.
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However, the price of Polygon (MATIC) has been plummeting for several weeks. The current trading price of Polygon (MATIC) is $1.11, which is 61.98% below its all-time high of $2.92.
Cardano (ADA) Djed Stablecoin Achieves Massive Success
The Cardano (ADA) stablecoin, Djed, which was launched on January 31st, has received wide acceptance in the market. Notably, Djed has become the fourth largest project in the Cardano (ADA) ecosystem. Djed was launched to serve as the stablecoin for dApps in the Cardano (ADA) ecosystem.
The Cardano (ADA) canvas has been expanding rapidly. As per a report by Input Output, a total of 117 projects have been launched on the Cardano (ADA) network. Besides, 1,209 projects are being built on the Cardano (ADA) network at present.
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Meanwhile, the price of Cardano (ADA) has witnessed a rise of 1.14% on the daily chart. Cardano (ADA) is trading at $0.4064, which is 86.89% below its all-time high of $3.10.
Collateral Network (COLT) Presale Growth Projection Suggests 3500% Growth
Collateral Network (COLT) is an aggregator that has reinvented the concept of asset-backed lending. With Collateral Network (COLT), people can borrow cash against their real-world tangible assets in the simplest manner possible. All they have to do is to send their asset to Collateral Network (COLT) where it will be authenticated, and the platform will mint fractionalised NFTs which represent the asset.
Next, these asset-backed fractionalised NFTs are sold to lenders, who earn a fixed interest on their purchase. The entire process of minting NFTs against tangible assets and selling them to fractional lenders is with the aim of raising money for loans that borrowers require. Once the loans are raised fully, they are repaid back to the lenders by the borrowers with interest, and the assets are returned. But if they are not repaid and default, the assets are sold at auction to allow lenders’ to receive their money back.
Collateral Network (COLT) simplifies the lending process, as the valuation of real-world tangible assets is completed using artificial intelligence. Collateral Network (COLT) maintains institutional-level liquidity, and has locked the liquidity pool for 33 years.
Collateral Network (COLT) is equipped with multi-chain capabilities, improving its speed and reducing gas fees. At present, the native token of Collateral Network (COLT), COLT, is available at $0.01 during the presale. If you lock your COLT tokens now, you will receive a 50% bonus too. The 3500% growth projection of Collateral Network (COLT) has attracted hoards of investors, who want to book their tokens before the price reaches $0.35.
Find out more about the Collateral Network presale here:
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Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
