Looking to Build Your Crypto Portfolio? Check Out Polkadot (DOT) and Collateral Network (COLT)
Photo: Collateral Network
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The cryptocurrency market has been extremely turbulent throughout 2023. After the general market increased throughout the last few months, market corrections crashed many investment options. So how can you optimize your portfolio?
Polkadot (DOT) and Collateral Network (COLT) are both looking like strong investments going into March, with analysts predicting that Collateral Network (COLT) could surge in value up to 35x over the next two quarters.
Polkadot (DOT) Market Cap Up 2 Billion in 2 Months
Polkadot (DOT) is the twelfth largest cryptocurrency in the world by market cap, having increased from $5.5 billion to $7.5 billion in the first two months of 2023. Polkadot (DOT) lets developers build their own blockchains and cryptocurrencies with a focus on user control.
Blockchains created on Polkadot (DOT) are designed to be extremely private, with no data released to the public. First released in 2020, Polkadot (DOT) has already raised over $200 million during the sale of its native token, DOT. This investment has been used by the development team to enhance the service offered by Polkadot (DOT), with many analysts predicting that Polkadot (DOT) will hit new highs during the next bull run.
The value of Polkadot (DOT) decreased by 11.97% in February to $5.84, though daily trading volume is up by 9.44% during the second week of March, with trading volume passing $200 million. This suggests that although Polkadot (DOT) has decreased in value, investors remain bullish.
Collateral Network (COLT) Looks to Revolutionize Crowdlending
Collateral Network (COLT) is the world’s first DeFi crowdlending platform. The project is designed to simplify the crowdlending process, letting individuals unlock liquidity from their assets on the blockchain. Instead of needing to sell physical assets for money, Collateral Network (COLT) lets borrowers mint NFTs backed by their assets and fractionalizes them to allow multiple users to fund the loan by purchasing the NFTs. This lets borrowers worldwide access fractional loans from DeFi users, who lend their capital for interest.
The process is significantly faster than traditional lending and leaves no credit footprint, with all transactions being private and confidential. When using Collateral Network (COLT) investors can borrow against a range of assets, including luxury vehicles, real estate, fine art, fine wines, whiskey, watches, and more.
All loans on Collateral Network (COLT) are low cost with affordable fees that are agreed upon upfront.
Collateral Network (COLT) is currently in the first phase of its presale, with one COLT token being sold for $0.01. Holders of Collateral Network (COLT) tokens will be rewarded with several benefits on the platform, such as discounts, staking bonuses, and governance rights, which let holders vote on future policies.
Collateral Network (COLT) is expected to increase dramatically in the next few weeks, with analysts predicting a price surge of over 3,500% over the coming months.
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