After the rough ride the year 2022 was for crypto investors, 2023 has become an object of high hopes. Two tokens that have given their investors a good reason for bated breaths are Litecoin (LTC) and Polkadot (DOT). However, none of them have gotten close to the kind of attention Collateral Network (COLT) has garnered in the past few weeks.
The crypto newbie is allowing Litecoin (LTC), Polkadot (DOT), and the entire crypto investor community to make massive 35x profits before the end of 2023. Let’s see why Litecoin (LTC), Polkadot (DOT), and Collateral Network (COLT) are the coins to watch out for in 2023.
Litecoin (LTC) and Polkadot (DOT) Are Making the News for Good Reasons
The enthusiasm around Litecoin (LTC) was heightened after it broke the news, on March 2, of a new update it was introducing to its blockchain network. This update was intended to add another layer of security to the network.
Polkadot (DOT), on its part, topped the list (released on March 21) of cryptos in terms of development activity. Even though both news hasn’t brought about the expected explosion on the market, both tokens have continued to make some steady progress.
Litecoin (LTC) is Outperforming Bitcoin and Ethereum
2022 was one of Litecoin (LTC) ‘s worst performing years since it was launched on the crypto scene in 2011 by reputed computer scientist Charlie Lee. Only 2014 and 2018 posted worse results. However, the tables seemed to have turned in the past few months.
Litecoin (LTC), an open-source, decentralized crypto, was established to rival Bitcoin despite its many similarities. It succeeds to a significant extent as it enables faster transactions than Bitcoin.
In the 2023 market, the coin has outperformed Bitcoin and Ethereum regarding first-quarter returns, posting a greenish 28.14%, a welcome development from last year’s first-quarter return of -15.47%. Litecoin (LTC) has also done better than 74% of the top 100 cryptos in the past year.
Polkadot (DOT): In the Good Books of Market Analysts
Polkadot (DOT) has enjoyed positive 2023 forecasts from leading market analysts. For example, WalletInvestor has predicted that the coin will rise to $10.16 before the end of the year. Polkadot (DOT) launched its main net in 2020 as a sharded blockchain protocol. Founded by Dr. Gavin Wood, one of the co-founders of Ethereum, Polkadot (DOT) unites blockchains under one decentralized ecosystem. Polkadot (DOT) currently operates a Proof of Stake protocol which allows users to stake their coins.
Polkadot (DOT) has done well in the first three months of 2023. With a greenish 47.07% first-quarter return, the first positive return in over one year, and a 15.39% price boost in the last month, the coin is getting closer to this year’s forecast.
Collateral Network (COLT): Set to Outperform Analysts 3500% Projection
With the rise of Collateral Network (COLT), set for a projected 3500% value boost in the coming months, asset-backed lending has assumed a new dimension. Collateral Network (COLT), still in its presale, COLT has devised a system for people to borrow funds against real-world assets such as cars, real estate, vintage wines and whiskey, art pieces, and gold. Collateral Network (COLT), on receipt and verification of these assets, will mint NFTs against the value of the assets before selling them to lenders.
As the NFTs are fractionalized, multiple lenders can fund the loan, earning a fixed rate of interest.
Investors are taking advantage of its presale price, now priced at $0.014, to take advantage of the most promising crypto project of 2023 before the price reaches $0.35. With Collateral Network (COLT) set to 35X soon this year, there is no better option for massive profit.
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
