In the past seven days, Aave (AAVE) has increased by 9.64% and Collateral Network (COLT) is revamping the lending industry with 40% gains and forecasts of a 3500% return for investors

Bitcoin (BTC) 2023 Price Prediction, Collateral Network (COLT) And Aave (AAVE): Which Crypto Will Pump?

Atalayar

Updated: 13/04/23

Having rallied by 70% since the year began, investors remain bullish about Bitcoin (BTC), expecting it to reach new highs before the end of 2023. As expected, other cryptocurrencies like Aave (AAVE) and Collateral Network (COLT) followed Bitcoin (BTC).

In the past seven days, Aave (AAVE) has increased by 9.64% and Collateral Network (COLT) is revamping the lending industry with 40% gains and forecasts of a 3500% return for investors

>>BUY COLT TOKENS NOW<<

Bitcoin (BTC)

As mentioned, Bitcoin (BTC) has rallied nearly 70% so far this year. In November 2021, Bitcoin (BTC) hit its all-time high of $68,990.90. Since then it has fallen about 60%.

Marshall Beard, chief strategy officer at cryptocurrency exchange Gemini has said that Bitcoin (BTC) may hit $100,000 this year. He believes that if Bitcoin (BTC) gets to its previous record high of near $69,000, it will not take much for it to rise to $100,000. However, Bitcoin (BTC) would need to rally around 270% to hit such an enormous figure.

Interestingly, Paolo Ardoino, chief technology officer at stablecoin issuer Tether agrees and he believes that the number one cryptocurrency could reach it's all-time high again. At the time of writing, Bitcoin (BTC) is priced at $28,142.60.

>>BUY COLT TOKENS NOW<<

Aave (AAVE)

Aave (AAVE) is an Ethereum-based decentralised lending protocol that allows users to earn interest on deposited crypto assets and also use them as collateral when borrowing. In other words, Aave (AAVE) makes it possible for anyone with crypto funds to access lending services because borrowers are able to use their crypto assets as collateral.

Additionally, the interest rates are set by the market, and the Aave (AAVE) protocol ensures that borrowers always pay more than they receive. The current price of Aave (AAVE) is $70.63 as per data on Changelly blog. Also, Aave (AAVE) has been in a good upward trend in the last 7 days, increasing by 9.64%. This shows that Aave (AAVE) has very strong potential and now could be a good opportunity for investors to dig in.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT)

Collateral Network (COLT) is an Ethereum-based crowdlending protocol that offers a unique system to decentralise the lending industry. Collateral Network (COLT) allows borrowers to convert their physical assets, such as real estate, gold bars, luxury automobiles and more into NFTs. These NFTs are valued based on the underlying asset.

Also, the NFTs are fractionalized and sold to the public to enable quick conversion to funds. That way, Collateral Network (COLT) enables users to access loans with their physical assets without going through the traditional hassle of completing forms or credit checks.

As multiple lenders can fund the loan via these fractionalized NFTs, they can earn a fixed rate of interest on their capital.

Moreover, analysts have predicted that Collateral Network (COLT) will skyrocket by 3500% when the ongoing presale is concluded. Therefore, investors should get in now and buy Collateral Network (COLT) tokens at a discounted price of $0.014, which has already skyrocketed upwards from its initial price of $0.01.