If you are looking for growth potential, the crypto market comes with multiple opportunities. Although Polkadot (DOT) has been giving mixed signals, you may want to have a look at Conflux (CFX) and Collateral Network (COLT) – both predicted to record huge growth this year. Many are predicting 3500% growth for newcomer Collateral Network (COLT), currently in stage 2 of its presale.
Polkadot (DOT) Gives Mixed Signals
Polkadot (DOT) supporters may have a hard time trying to figure out the direction of the token. On the good side, the development activity for Polkadot (DOT) is on the rise. On the bad side, Polkadot (DOT) revenues and fees have declined significantly, which means that the usage of the network is declining, so DOT is also suffering.
However, the hope remains high as Polkadot (DOT) is planning to release an update soon. This could help Polkadot (DOT) regain traction and increase its usage. If you are planning to add Polkadot (DOT) to your portfolio, you may want to keep an eye on future developments regarding Polkadot (DOT).
Conflux (CFX), a Chinese Blockchain Opportunity
Conflux (CFX) is a soaring crypto project rooted in the Chinese market. In simple terms, CFX could be seen as China’s response to Ethereum. Conflux (CFX) is the first “public blockchain” in China, which means it is politically supported.
The Conflux (CFX) project is predicted for huge growth because it is a “public blockchain”, which means that it is supported by the government. Conflux (CFX) already has notable partnerships with key companies in China, such as China Telecom.
If you want to get access to the growth of blockchain in China, Conflux (CFX) is perhaps a once-in-a-lifetime opportunity. At the time of writing this article, Conflux (CFX) has increased by nearly 1500% in the past three months.
Collateral Network (COLT) Hits the Ground Running with 35x Growth Prediction
Collateral Network (COLT) nearly sounds too good to be true: it is expected to grow by 3500% in the next few months thanks to its revolutionary concept.
In reality, the Collateral Network (COLT) project has strong potential in the long term: it is disrupting the lending industry by creating the first crowdlending platform in the world that allows you to back your loans with physical assets. Borrowers can use cars, artwork, collectibles and luxury items as collateral to get a loan. Lenders fund the loans by lending small sums of money towards fractionalised NFTs which represent the assets themselves, making them asset-backed NFTs, and generate a healthy stream of passive income via the interest paid by borrowers.
Collateral Network (COLT) is a truly groundbreaking concept as you cannot use a luxury watch or a painting to obtain a loan from a bank. Pawnbrokers do offer this option – but they often come at a very high cost for borrowers.
The network focuses on security by holding all assets in a secured vault, authenticating them before the loan is granted, usually within 24 hours, and selling them in an auction if the borrower defaults on the loan repayment back to the lenders. Also, Collateral Network (COLT) doesn’t require credit checks and the loans do not impact your credit history.
All transactions are conducted via the Collateral Network (COLT) native token, COLT. COLT is currently in its presale stage for only $0.014. Before it hits the exchanges, it is predicted to grow to $0.35, which suggests a potential return of 3500% for early investors.
If you’re looking for crypto projects about to burst, Conflux (CFX), Polkadot (DOT) and Collateral Network (COLT) should be right at the top of your watchlist. While most projects try to convince investors, these projects have already proved their worth and are expected to reach record growth as the demand for CFX and COLT is rapidly increasing.
Read more about the COLT presale here: