Investors are always searching for new coins to add to their investment portfolio in hopes of making excellent gains in the next bull run. In this article, we will discuss three potential cryptos that fit that description – Tron (TRX), Collateral Network (COLT), and VeChain (VET).
While all those may be profitable, one has created quite a buzz – the world’s first crypto challenger lender forecasted for 35x returns, Collateral Network (COLT)! Let’s see how they will all fare in 2023!
Tron (TRX)
With the recent completion of 5 billion transactions, Tron (TRX) accomplished a significant feat. This accomplishment demonstrates the rising acceptance and extensive Tron (TRX) use by developers and investors worldwide.
Currently, Tron (TRX) is worth $0.06668, which is a jump of 1.73% in the past day alone. Sentiment around Tron (TRX) is bullish, with the daily technical indicators and moving averages all showing buy signals.
However, the trading volume for Tron (TRX) has been dropping on the daily charts as it fell by 30% and now sits at $413,511,012. Experts forecast that Tron (TRX) may reach a minimum value of $0.091 and a maximum of $0.10 by the end of 2023. These predictions show that Tron (TRX) may have a bright future, but a $1 valuation is unlikely.
Collateral Network (COLT)
Collateral Network will be the very first decentralized crowdlending platform built on the Ethereum blockchain that provides a simple way for borrowers to obtain cash from tangible assets using NFT technology.
Say your business is in need of funding and you have a watch that you can use as collateral; you can use it as collateral for a loan on Collateral Network (COLT), which will keep it in secure vaults. They then create an NFT backed 1:1 by the watch itself, fractionalize it, store it on-chain and then allow individuals to become fractional lenders as they purchase fractions of these NFTs!
Lenders now have the ability to become their own banks by lending their capital to borrowers on Collateral Network (COLT) earning them a fixed rate of interest, paid out weekly.
The vast Collateral Network (COLT) ecosystem will all be powered by the COLT token, which is currently priced at just $0.01. With COLT token holders gaining access to auctions for distressed assets, staking rewards, governance rights, exclusive VIP groups and more – now would be an excellent chance to purchase it since the presale is rapidly selling out.
Analysts foresee a price rise to $0.35 for COLT as the presale advances and a 100x surge when it lists on major exchanges! For investors who want to back the next blue-chip coin with strong fundamentals, Collateral Network (COLT) could well be the best opportunity on the market now.
VeChain (VET)
After a revelation that SVB customers may soon have access to their deposits, the crypto markets went positive, making VeChain (VET) see a boost. Investor confidence is the sole reason for the VeChain (VET) pump, as many individuals have gravitated towards it in the last few days.
VeChain (VET) has a value of $0.02305 with a market cap of $1.6B, an increase of 6.68% in the last 24 hours. The 24-hour trading volume for VeChain (VET) has also increased by 4.87%, now $65,099,198. However, when we look at the technical indicators for VeChain (VET), we can see that it displays a strong sell signal which could be a bad omen for its future.
Analysts predict that VeChain (VET) may reach $0.037 as its highest value during 2023 but do not expect any noticeable long-term gains for VeChain (VET).
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
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