As the most valuable cryptocurrency asset on the planet, Bitcoin (BTC) price fluctuations lead market trends. When Bitcoin (BTC) decreases, the market follows. When Bitcoin (BTC) hits new highs, the market will do the same.
With experts predicting that Bitcoin (BTC) will pass its current $25k price barrier in March, investors are excited about Ripple (XRP) and Collateral Network (COLT), which are both likely to rise in value in alignment with Bitcoin (BTC).
Notably, Collateral Network (COLT) has already seen predictions of a 35x price increase, in large part due to the projects potential to completely revolutionize the lending industry from the ground up.
Bitcoin (BTC) Price Increase Could Trigger A New Bull Market
Daily Bitcoin (BTC) trading volume has been increasing since the 4th of March, hitting $23,121,004,812 in just three days. With volume continuing to rise, many market analysts believe that Bitcoin (BTC) could pass $35,000 over the next few weeks.
This achievement could lead to the end of the current bear market, in which many cryptocurrencies lost over 90% of their value. Although much of the Bitcoin (BTC) market has been monopolized by whale investors, an increase in Bitcoin (BTC) will benefit all investors, with the majority of portfolios being impacted by positive trends.
A potential new bull market would be great news for projects like Ripple (XRP) and Collateral Network (COLT), providing new investors the opportunity to win big from their investments.
Ripple (XRP) Price Surges In April
Ripple (XRP) is arguably one of the most underrated DeFi projects in the market. Ripple (XRP) can potentially disrupt the entire financial industry, connecting financial institutions with payment providers, exchanges, and corporations that currently suffer from poor infrastructure and complex payment systems. However, as of 2023 its yet to gain widespread traction.
Ripple (XRP) has increased in value by 3.2% in the past 7 days, with one Ripple (XRP) being worth $0.52. If Bitcoin (BTC) passes $35,000, Ripple (XRP) could easily hit highs of $0.55 and higher over the next few months.
Collateral Network (COLT) Raises Over $600k
While Bitcoin (BTC) and Ripple (XRP) have been in the market for several years, Collateral Network (COLT) is a new DeFi project that’s predicted to make returns of over 3,500% over the next few months.
Collateral Network (COLT) is expected to disrupt the lending industry, applying NFT technology to help borrowers unlock cash from their physical assets. Using Collateral Network (COLT), users can provide loans to borrowers through the use of fractionalized NFTs. In return, lenders will generate passive income from a fixed interest rate, while borrowers can unlock cash without needing to physically sell their assets.
As well as pioneering the crowdlending market, Collateral Network (COLT) offers fast turnaround times with its multi-chain network, industry leading privacy, competitive rates, and full transparency, with all contractual information being stored on a public blockchain.
Collateral Network (COLT)’s smart contract has been successfully audited and will lock COLT token liquidity for 33 years. Team tokens will also be locked for three years to prevent a rug pull. As the native utility token of the project, COLT enables holders to enjoy benefits like staking rewards, governance rights, discounts, access to exclusive VIP groups and more.
In total, 1.4 billion Collateral Network (COLT) tokens will be created, 38% of which will be sold to the public during the project’s presale, with COLT tokens currently selling for $0.014. Analysts have forecasted that the COLT token will surge by up to 35x during presale, so for eager supporters now is the time to invest to see the biggest gains.
Find out more about the Collateral Network presale here:
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.