Were Fantom (FTM) and Aave (AAVE) way too risky for you, so you decided not to pull the trigger on them? No worries, our analysts have discovered a presale project which is in its second stage that could become a top-tier platform adopted by millions of global investors and bring you more profits with a projected 35x price surge to a price of $0.35 – Collateral Network (COLT).
The astonishing achievement of 250,000 Fantom (FTM) recently marked a significant milestone for the Fantom Ecosystem Vault. Every coin in the Vault will be utilized as funding to encourage the growth and development of dApps on Fantom (FTM).
This news caused a rally for Fantom (FTM), as it now has a value of $0.4935 with a market cap of $1.3b, a jump of 9.17% at the time of writing. Not only that, the trading volume for Fantom (FTM) also shows a rise of 130%, reaching $193,197,532 overnight.
The technical analysis for Fantom (FTM) paints a good situation for the token, with its technical indicators and moving averages showing green. Analysts remain bullish for Fantom (FTM) as they predict this upward movement may continue, with the value reaching $0.57 by December 2023. But will Fantom (FTM) be able to maintain this momentum in the long term? Hard to say, as new projects with more room for growth and real-world utility appear daily.
Aave (AAVE) has been enjoying a good start to April, surging by 18% in the last month alone. This Aave (AAVE) surge can be attributed to the sector-wide bullish trend for cryptos that started after Signature and Silicon Valley Banks collapsed.
Currently, Aave (AAVE) is trading at $79.67, which is a rise of 5% over the last 24 hours at the time of writing. Moreover, a bullish sentiment can be seen for Aave (AAVE), as its moving averages are green.
Bullish analysts believe a breakout is soon in store for Aave (AAVE) as they predict it could rise to $90 by December 2023. Aave (AAVE) bulls are expected to establish the trend path after a breakout happens, causing a bull run. On the other hand, if Aave (AAVE) sees a fall soon, holders can depend on its support level of $66.5 to hold them.
Collateral Network (COLT)
Picture a decentralized lending platform that will allow you to unlock the full liquidity of your physical off-chain assets by using them as collateral without actually selling them. That is what Collateral Network (COLT) will enable you to do, but it will also take things to another level as it will mint NFTs representing the physical version of the asset itself.
These NFTs will then be fractionalized, and the Collateral Network (COLT) community may become fractional lenders – funding the loan for a predetermined interest rate. This hybrid infrastructure model will enhance liquidity, giving borrowers access to funds at crucial times.
Another exciting aspect of the Collateral Network (COLT) ecosystem will be auctions – a private auction site for distressed items. When a borrower defaults on a loan, the real-world asset will be placed in an auction, enabling Collateral Network (COLT) token holders to purchase it below market value and recoup lender funds.
Speaking of COLT, the Collateral Network (COLT) native token will be a vital component of this platform as it will be used for transactions, staking rewards and fee reductions. Collateral Network (COLT) is now being offered for just $0.014, but the presale is still young as it is still in stage 2 but analysts forecast Collateral Network (COLT) may rise to $0.35 when it finishes.
Find out more about the Collateral Network presale here: