Investors seeking coins for massive returns in 2023 should consider Arbitrum (ARB), Lido DAO (LDO) and Collateral Network (COLT). Arbitrum (ARB) has increased by 40.79% in the past seven days, and Lido DAO (LDO) increased by 8.10%. On the other hand, Collateral Network (COLT), the hottest newcomer, is predicted to have a 3500% growth.
Arbitrum (ARB)
Arbitrum (ARB) is a layer-two (L2) scaling solution that uses optimistic rollups to improve speed, scalability and cost-efficiency on the Ethereum blockchain. Last month, over a billion Arbitrum (ARB) tokens, or 11.6% of the total supply, were airdropped to early users. And Arbitrum (ARB) has been the buzz ever since.
Interestingly, the largest buyer of Arbitrum (ARB) on the first day of listing has transferred all of his Arbitrum (ARB) tokens to Binance, as per a report by Lookonchain, a blockchain tracking firm. The whale transferred 9.94 million Arbitrum (ARB) tokens worth approximately $17 million.
Thankfully, this move didn’t significantly impact the price of Arbitrum (ARB). Currently, the Arbitrum (ARB) token is trading at $1.63, more than a 40% increase over the past seven days.
Lido DAO (LDO)
Lido DAO (LDO) is a liquid staking solution for Ethereum, and it dominates the Liquid staking derivatives (LSD) space. The Lido DAO (LDO) token is used for governance, managing fee distribution and governing node operators.
With the Ethereum Shanghai Upgrade in view, LSD tokens like Lido DAO (LDO) have become hotcakes for investors. And Lido DAO (LDO) tokens can be traded on centralised crypto exchanges. Right now, a unit of Lido DAO (LDO) token is priced at $2.62, an 8.10% price increase in the past eight days.
If you missed buying Lido DAO (LDO) at an early stage, Collateral Network (COLT) is presenting you with another opportunity to grow your portfolio.
Collateral Network (COLT)
Collateral Network (COLT) is a challenger lending and borrowing platform that offers a more secure and efficient process for loan transactions than its traditional counterparts. The Collateral Network (COLT) utilises 100% physical-asset-backed NFTs to make borrowing and lending seamless.
Borrowers can send their physical assets, such as real estate, gold, or art, as collateral for loans to Collateral Network (COLT). Then, the Collateral Network (COLT) team mints NFTs that represent loans’ collateral. Then these NFTs are further fractionalized to allow multiple lenders to contribute small amounts toward the loan in return for a fixed interest rate.
If borrowers default to return the loan, Collateral Network (COLT) auctions the physical asset within the community as a way to regain the cash invested by lenders and return it to them.
As an Ethereum-based protocol, Collateral Network (COLT) uses smart contracts to make the entire process fast and secure, removing the need for middlemen. Additionally, the Collateral Network (COLT) token powers the whole ecosystem and COLT token holders enjoy staking rewards and lower transaction fees.
Interested investors can purchase the COLT token at $0.014 before the token pumps by 3500%, as predicted by experts.
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
