Every investor only wants one thing: a sizable return on investment. Today, we will talk about three cryptos that analysts believe could bring just that in 2023 – Litecoin (LTC), Collateral Network (COLT), and Neo (NEO). Despite the potential for growth by all these cryptos, experts foresee Collateral Network (COLT), currently in Stage 1 of its presale, providing the best returns.
Litecoin (LTC)
Litecoin (LTC) recently announced that nearly one trillion dollars had been moved on its network since its launch. With Litecoin (LTC) still widespread among crypto enthusiasts, its future looks bright.
Litecoin (LTC), at the time of writing, has a value of $93.44 with a market cap of $6.7B, up by 0.93% in the last 24 hours. Not only that, the trading volume for Litecoin (LTC) has also increased by 20.92% in that same time and now sits at $673,953,634.
The technical analysis for Litecoin (LTC) currently displays a bullish sentiment, with its technical indicators all showing strong buy signals. Analysts remain long-term bullish for Litecoin (LTC) as they predict a rise to $100 in the coin’s value. However, Litecoin (LTC) is no longer a secret, and its next bull run could not be as significant as its last.
Collateral Network (COLT)
Getting a short-term loan can be quite a challenge depending on your location, with plenty of credit evaluations and providing proof of income. But that will not be an issue on Collateral Network (COLT). This Ethereum-based decentralized peer-to-peer lending platform will allow any individual, no matter their location, to borrow funds against their alternative physical assets (cars, wines, diamonds) and unlock total liquidity without selling.
How? With the help of blockchain technology and asset-backed fractionalized NFTs! Say you need a loan and own a valuable watch worth $10,000; you can send it to Collateral Network (COLT) as collateral. This platform will then mint an NFT that represents the physical version of the asset and store it on-chain. Moreover, this token will then be fractionalized, and any investor may purchase a piece of it – funding the loan for an agreed-upon interest rate paid out each week!
With this fractional lending method, every party involved will benefit as borrowers will see a faster turnaround from their items (within one day). At the same time, lenders will control their private keys and receive a fixed passive income weekly.
Another thrilling feature of the Collateral Network (COLT) ecosystem will be its Auctions site. If the borrower defaults, the physical item will be placed on the private auction site by Collateral Network (COLT). Individuals can then purchase the item below market value to recoup the fractional lender funds.
Holding the native token COLT will give you access to these auctions, governance voting rights, staking rewards, and more at a current cost of only $0.01! But, before the presale is through, the cost of COLT tokens is anticipated to rise to $0.35, a 35x gain you do not want to miss – so sign up for this presale now!
Neo (NEO)
Neo (NEO) recently organized a Twitter Spaces to introduce the R3E network. This network will serve as a community platform developed by Neo (NEO) to create a secure blockchain ecosystem.
Currently, Neo (NEO) has a value of $12, a jump of 0.57% in the last 24 hours. However, the trading volume for Neo (NEO) decreased by 7% in that same period and now sits at $42,523,877.
The technical indicators for Neo (NEO) also show a dire situation for the coin as they are all red. Nevertheless, analysts predict that Neo (NEO) will reach $14.89 within Q4 of 2023. Can Neo (NEO) maintain this positive momentum? Only time will tell, but investing in projects with more upside potential would be more profitable in the long run.
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.
