Collateral Network (COLT) will emerge as the most profitable crypto project this year

ApeCoin (APE) Price Prediction 2023 - Axie Infinity (AXS) Remains Steady, Collateral Network (COLT) Presale Set To Explode By 35x

Updated: 25/04/23

Experts have voted for their favorite cryptocurrencies, and Collateral Network (COLT) has topped the chart. According to market experts, Collateral Network (COLT) will emerge as the most profitable crypto project this year. Collateral Network (COLT) has been predicted to grow 35x during its presale, and 100x over the subsequent months.

Thus, whales have already started accumulating Collateral Network (COLT) tokens, and the project’s presale is selling out extremely fast. Meanwhile, ApeCoin (APE) and Axie Infinity (AXS) are dwindling as they have failed to attract investors.

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ApeCoin (APE) Holders Fear Losing Tokens

The ApeCoin community is on all-alert after a report suggested that there was a serious risk linked with the staking of APE tokens. The report, shared by renowned blockchain security firm PeckShield Alert, has claimed that an ApeCoin user lost $60,000 worth of APE tokens to a potential exploiter after participating in NFT Liquidity Pools.

PeckShield Alert warned that if ApeCoin holders stake their tokens in liquidity pools, and then sell their NFTs, they can lose their APE tokens. The news has caused a bearish environment around ApeCoin (APE). Subsequently, ApeCoin’s (APE) price has also moved in a southward direction. The market value of ApeCoin (APE) has tumbled by 3% in the past week. At the time of writing, ApeCoin (APE) is changing hands at $4.19.

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Axie Infinity (AXS) Sees Growth In Last Week

After trending negative for the past many months, Axie Infinity (AXS) has posted some positive numbers on the price chart recently. The value of Axie Infinity (AXS) has increased by over 2% on the weekly chart. Moreover, Axie Infinity (AXS) has jumped 15% higher on the price chart in the past 30 days. As a result, Axie Infinity (AXS) is trading at $8.39 at the time of writing.

The primary reason that has caused the latest rise in Axie Infinity’s (AXS) price is the recent announcement from its developers. Reportedly, Axie Infinity’s (AXS) developers are establishing an ecosystem around it. Apparently, the Axie Infinity (AXS) team has roped in new creator studios to build games for the ecosystem.

Collateral Network (COLT) Has Immense Market Potential

Collateral Network (COLT) is the first crowdlending platform on Web3 for real world assets that accepts borrowers’ physical assets as collateral, and transforms them into fractionalized NFTs.

Collateral Network (COLT) stores borrower's assets like luxury watches, cars and fine art in its secure vaults after minting NFTs against them and fractionalizing them. Investors are allowed to fund loans by purchasing these NFTs. Lenders will receive a pre-agreed fixed weekly income. On the other hand, borrowers can get loans at competitive interest rates on Collateral Network (COLT), in a time-bound and discreet manner. Collateral Network (COLT) stores all contractual information in the NFT metadata, and does not affect borrowers’ credit history.

After repayment of the loans, borrowers can reclaim the physical possession of their assets. Collateral Network (COLT) grants loans against assets that are usually disapproved by traditional banks. Besides, Collateral Network (COLT) loans are decentralized, and investors enjoy complete control over their investment. Physical assets like jewelry, precious metals or automobiles can all be used as collateral.

Collateral Network (COLT) has become one of the hottest investment options, which can give its investors a 100x return on their investment over the course of coming months. COLT token holders will also receive a plethora of benefits, including governance rights, discounts on borrowing and trading fees, and exclusive access to auctions. The current market price of COLT tokens is $0.014, which is expected to soar by 35x in the next few weeks.