Many tokens underperformed in the crypto market last year, and several other blockchain networks drew the attention of investors.
Although Cosmos (ATOM) and Dogecoin (DOGE) are quite popular tokens in the crypto verse, they both took a beating for much of the 2022 bear run.
Investors have to turn their attention to other promising tokens, with Collateral Network (COLT), in particular, promising an impressive 35x yield for traders.
Cosmos (ATOM)
Cosmos (ATOM) is currently priced at $11.33 on the crypto market and, like many other altcoins, is slowly recovering from the 2022 bear run.
At the time of writing this article, experts predict Cosmos (ATOM) market price to drop by -5.94% and reach $ 10.66 by April 10, 2023.
Per the existing technical indicators, Cosmos (ATOM) Fear and Greed Index score is (62), indicating a Greed phase. As such, the predominant marketed sentiment for Cosmos (ATOM) is Bearish.
Judging from all indications, it’s clear that other promising tokens, such as Collateral Network (COLT), are well-placed to outperform Cosmos (ATOM) in the short to long term. Despite this, investor sentiment towards Cosmos (ATOM) is optimistic, with most investors predicting a comeback for Cosmos (ATOM) in the near future.
Dogecoin (DOGE)
Dogecoin (DOGE) is among the world’s most popular meme coins. However, since its introduction to the crypto market, Dogecoin (DOGE) has never attained a valuation of $1. As such, Dogecoin (DOGE) struggles to be an asset worthy of attention for investors keen on making a profit.
Although Dogecoin (DOGE) is currently ranked eight by market capitalization in the crypto world, the token is not expected has multiple use cases like Collateral Network (COLT)
Dogecoin (DOGE) is currently priced at $0.09, predicted to drop by 2.57% in early April. If Dogecoin (DOGE) can overcome this however, Dogecoin (DOGE) is set to see significant price increases in the near future.
Collateral Network (COLT)
Collateral Network (COLT) is a Web 3-based P2P lending platform that provides a brilliant alternative to traditional lending services. It has many use cases and incorporates a unique approach to the blockchain with its foray into traditional lending.
For many years, traditional lending has faced many problems regarding credit checks and collateral verification, which limits access to short-term loans. Collateral Network’s (COLT) disruptive lending technology allows businesses and users to borrow capital against physical assets.
As a blockchain-based crowdlending platform, borrowers can unlock capital from assets like real estate, supercars, and more. These assets are minted as fractionalized NFTs to facilitate lending, enabling multiple lenders to collectively fund the loan and earn a fixed rate of interest, while borrowers can unlock their assets’ capital value with ease.
Collateral Network’s native token COLT grants holders various benefits like staking, governance rights, and more. As an investor, there’s no better time to purchase $COLT than now at its $0.01 price point. And, with experts tipping the token to deliver 35x yield in the short term, this represents the potential to return big for early investors.
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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
