
Given the huge proliferation of thousands of cryptocurrencies in the market, it takes a savvy investor to know which tokens are worth investing in. Today, we look at two popular choices, namely Cardano (ADA) and Chainlink (LINK).
We'll also find out why many savvy investors are now turning to Collateral Network (COLT) as a promising investment opportunity. Collateral Network is currently in presale with great expectations to earn its early investors 3500% gains.
>>BUY COLT TOKENS NOW<<
According to recent data, the total locked value or TVL of Cardano has grown by over 26% in the last 30 days.
The figures indicate a significant increase in the Cardano trading volume. Analysts believe the rise in Cardano trading volume is largely driven by the network's recent collaborations and a thriving community of developers.
According to leading crypto analysts, Cardano will witness further growth in its TVL in the coming months. Cardano (ADA) is trading at $0.40 at the time of writing. In the last 30 days, the price of Cardano has increased by more than 22%.
Cardano's bullish trend can also be attributed to its large holders, who own more than 10,000 ADA tokens, accumulating more than 1.03 billion ADA tokens in the last 5 months. At this rate, Cardano looks set to hit its all-time high again this year.
>>BUY COLT TOKENS NOW<<
Chainlink is another token worth looking into this year. As a popular utility token, Chainlink has seen significant growth since the beginning of 2023. In the last week, Chainlink has surged by 16.38%.
Chainlink is currently in an uptrend with six straight green days so far. One of the reasons for the rapid rise of Chainlink is its recent network upgrade which aims to improve the network's security and speed. Investors are also realizing the growth potential of Chainlink leading to an increase in demand and price.
At the time of writing, Chainlink is trading at $7.22. With the current favorable sentiment about Chainlink and the recent network improvements, the price of LINK is set to go even higher this year.
Savvy investors are now flocking to Collateral Network for several reasons. For starters, Collateral Network serves an important function in the crowdlending sector. Secondly, the COLT token is doing very well in presale.
Collateral Network brings together lenders and borrowers in a secure Web3 platform. Collateral Network is the first decentralized crowdlending platform in the world, where borrowers can unlock liquidity from their physical assets such as cars, art pieces, real estate, and even luxury watches.
Once an asset is sent to Collateral Network it is minted into an NFT and fractionalized, enabling borrowers to get loans from multiple lenders at the same time. Collateral Network values and generates algorithmic lending rates for assets using artificial intelligence.
Therefore, borrowers can raise funds quickly without tedious credit checks or extortionate interest rates. Plus, Collateral Network (COLT) provides a unique opportunity for borrowers to unlock liquidity from physical assets.
On the other hand, lenders essentially become mini banks by lending fractional loans and gaining passive income from their investments.
COLT is currently in presale and is expected to grow by 3500% in the presale.
By buying during the presale, you can get the token before it is released to the public. The first phase of the presale starts at $0.014 per COLT token, and a 40% bonus offer is available for a limited time. Act fast as the price is set to increase in 48h.
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.