Helium (HNT), Tron (TRX), and Collateral Network (COLT) are three top gainers to watch in 2023 for cryptocurrency investors.
Collateral Network (COLT) is a groundbreaking decentralized crowdlending network that allows borrowers to utilize their assets as collateral for fractional peer-to-peer loans.
The Collateral Network (COLT) token is in its initial presale phase, and analysts expect a 35x increase in price from $0.01 to $0.35 for early users.
Helium (HNT) is the native coin of the Helium blockchain network, which enables wireless data transfer over great distances utilizing low-power devices.
Helium (HNT) recently had a difficult start in the second part of March when Helium (HNT) was delisted from the Binance market, resulting in enormous outflows and a harsh fall. Helium (HNT) dropped 53% from mid-March to a new low of $1.15.
Yet, because volatility is now at a weekly low, the latest pivot has not yet recorded as a significant shift. Helium’s (HNT) trading volume has increased 82.36% to $2.8 million, indicating a purchase opportunity since Helium (HNT) trades 97.59% below its all-time high.
Tron (TRX) is a popular cryptocurrency that has gained popularity owing to its high potential for profit. TRON recently declared in a tweet that it consumes 99.9% less electricity than BTC and ETH, which may have profited from the global quest for energy-efficient platforms.
More than 14.9 million TRON (TRX) tokens were burned on March 26th, demonstrating TRON’s appeal across Asia and Africa. Despite the overall market downturn, Tron (TRX) remains a top competitor, despite a 5.4% drop.
TRON, with its environmentally benign reputation and deflationary tendency, may create an appealing investment option.
Collateral Network (COLT)
Collateral Network (COLT) is set to revolutionize the lending market with its unique Web3 peer-to-peer lending platform. Collateral Network (COLT) allows borrowers to use physical assets, such as luxury supercars, fine art, rare wine vintages, real estate, gold bars, and more, as collateral to unlock liquidity from peer-to-peer loans.
Collateral Network (COLT) provides significantly more flexibility than traditional routes. Fractionalized NFTs backed 1:1 by the borrowers’ assets enable multiple lenders to fund the loan in a decentralized manner and earn a fixed rate of interest.
Collateral Network (COLT) is a secure and affordable solution to traditional lending. Collateral Network (COLT) solves many issues in the lending industry, including transparency, liquidity, and flexibility.
The platform enables anyone who needs access to money to use their physical assets as collateral and acquire the necessary loans, while enabling investors to earn passive income from lending out their funds and individuals in need of money to get a loan without having to sell their assets and undergo the hurdles faced in traditional lending.
The COLT token is the utility token of the platform and offers its holders access to a range of benefits, including decreased loan interest rates, lower trade costs, staking incentives, and governance rights.
With a current price of just $0.01, Collateral Network (COLT) is seeing huge interest. Analysts forecast a surge of 3,500% as the presale advances and the coin value reaches $0.35.
Find out more about the Collateral Network presale here: