Present market conditions are in favour of Polygon (MATIC), Hedera (HBR), and Collateral Network (COLT). The price of Polygon (MATIC) is rising from its $1.02 support zone and Hedera (HBAR) is marching northward to the $0.10 to $0.11 resistance zone.
Meanwhile, Collateral Network (COLT) is set to reward investors with a 35x gain due to its immense popularity and real-world use cases.
Polygon (MATIC)
Polygon (MATIC) is a framework that enables the creation of scaling solutions for the Ethereum blockchain via its Polygon SDK. Also, Polygon (MATIC) is a Proof of Stake (PoS) sidechain powered by the network token, MATIC.
Following a report by NEWSBTC, the price of Polygon (MATIC) is set to rise from the $1.02 support zone and the bulls are aiming for a move toward the $1.25 resistance zone. Also, it seems Polygon (MATIC) moved alongside Ethereum (ETH) which climbed over 5% recently. Analysts predict that Polygon (MATIC) could continue to rise if it clears the $1.165 resistance zone. Polygon (MATIC) is trading at $1.11 at the time of writing.
Hedera (HBAR)
Hedera (HBAR) is a distributed public ledger platform that offers significant improvements over older blockchains in five core areas — performance, security, governance, stability, and regulatory compliance. Hedera (HBAR) runs on Hashgraph, an aBFT algorithm to achieve network consensus. This unique feature makes Hedera (HBAR) fast and energy-efficient.
Impressively, Hedera (HBAR) features 10,000 TPS, a dismissible fee of $ 0.0001 per transaction, and a 3-5 second finality for confirmations. Developers use Hedera (HBAR) to build computational trust directly into their applications. Also, the Hedera (HBAR) token is used for staking and other services in the network. Presently, Hedera (HBAR) is trading at $0.065, which is a -0.35% price decline in the past seven days.
Collateral Network (COLT)
Collateral Network (COLT) is a decentralized crowdlending platform designed to allow borrowers in the web3 space to unlock capital from their physical assets. Collateral Network (COLT) enables borrowers to unlock short-term loans without having to go through rigorous traditional processes.
In essence, borrowerscan use physical assets like expensive jewellery, real estate, art, etc. as collateral against loans. This is possible because Collateral Network (COLT) mints these assets as NFTs, and then fractionalizes the NFTs which are sold to a large number of users to fund the loan. Thus, Collateral Network (COLT) gives borrowers quick access to funds while granting lenders a fixed interest rate and passive earnings.
COLT is the native token of the Collateral Network ecosystem. Holders of this token will enjoy low-interest rates, staking rewards, voting rights, and even access to exclusive VIP groups.
The Collateral Network (COLT) token is on presale with a 3500% growth prediction. Investors can get in now and get the Collateral Network (COLT) token at a price of $0.014, already up 40% from its initial price of $0.01.
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
