Crypto investors need to stay informed to stay profitable. The rampant development in the space has led older projects to become outdated, and they will likely never reclaim their all-time highs. The Sandbox (SAND) and Litecoin (LTC) fight for bullish momentum but struggle in the new landscape. In contrast, Collateral Network (COLT), a new disruptive crowdlending platform, continues to soar at the forefront of innovation with forecasted 35x returns.
The Sandbox (SAND) Loses Momentum
The Sandbox (SAND) is a metaverse project built on the blockchain that lets users buy, create, and sell digital assets as NFTs. The Sandbox (SAND) had a great first-mover advantage, but as public sentiment for the metaverse declined, so have analysts’ hopes and expectations for the project.
Price predictions for The Sandbox (SAND) remain muted, with analysts forecasting a high of $0.95 this year. Given that The Sandbox (SAND), at the time of writing, trades at $0.65, down from an all-time high of $8.44, the bulls have a tremendous job ahead of them to move The Sandbox’s (SAND) price upwards.
The Sandbox (SAND) token powers all in-game transactions and is used to buy land within the metaverse. Many investors will remember the huge scramble to own digital real estate early last year that caused enormous losses for many investors. Analysts stated that those interested in exploring The Sandbox (SAND) have a valid reason for purchasing the token, but it leaves lots to be desired as an investment vehicle.
Litecoin (LTC): Will The Halving Help?
The Litecoin (LTC) halving is predicted to take place in early August this year, and many long-term Litecoin (LTC) holders are hoping that this reduction in block reward issuance will help Litecoin (LTC) establish a bullish trend.
Litecoin (LTC) also has a significant update in the works known as v24, including updates making Litecoin (LTC) more compatible with mobile wallets, introducing payment proofs, and several other features. However, this increased usability will likely only benefit current Litecoin (LTC) holders as opposed to attracting new users to the blockchain.
Litecoin (LTC) has performed admirably over the years, initially launched in 2011 based on the Bitcoin (BTC) network. Still, it has become outdated from a technical standpoint and does not possess the same sticking power as the original Bitcoin (BTC) protocol. Analysts forecast a potential high of $136 this year, representing a roughly 40% increase from the current price of $92.
Collateral Network (COLT) Set to Surge 3,500%
Collateral Network (COLT) has the potential to rapidly outpace both The Sandbox (SAND) and Litecoin (LTC). When it comes to upside potential, Collateral Network (COLT) exists in a league of its own, with a predicted gain of 3,500% expected in the coming weeks.
Collateral Network (COLT) has already attracted attention from seasoned investors, traders, and even venture capital firms who want exposure to the world’s first decentralized crowdlending protocol for real-world assets.
Collateral Network (COLT) powers a new era of asset-backed lending, improving the TradFi experience while bolstering the potential of DeFi lending as a whole. Collateral Network (COLT) enables asset owners to unlock liquidity for tangible off-chain assets thanks to its innovation of 100% asset-backed NFTs.
Asset owners collateralize their assets with Collateral Network (COLT) minting them as an asset-backed NFT, with assets being used ranging from fine art, to jewellery or automobiles.
As the NFTs are fractionalized, multiple lenders can gain a stake and fund the loan, earning a fixed rate of interest.
The COLT token unlocks the platform’s true potential, granting access to secret auctions and entitling holders to discounted fees (interest rates for borrowers and trading fees on the marketplace for lenders).
With COLT forecasted to surge by 3500% after already rising by 40% in the past few weeks, now is the perfect time to get involved.
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
