On Wednesday, crypto markets turned red as Bitcoin’s price fell below $29,000, triggering a sell-off in altcoins. However, Shiba Inu (SHIB) and Polkadot (DOT) managed to hold up their ground, giving a bullish hint.
Yet, Collateral Network (COLT), in stage 1 of its presale, seems to exceed both, forecasted to deliver a 3,500% growth for early investors.
Will Polkadot Crypto hit $1000?
Despite the Bitcoin setback, recent Polkadot (DOT) news suggests that the cryptocurrency’s ecosystem is growing stronger, especially upon partnership with the Stellar network. Following the drop from its February highs, Polkadot (DOT) is finally performing well in recent weeks, trading at $6.92 as of April 18th.
Technical analysis of Polkadot (DOT) shows a key trendline that the price has frequently respected. During the recent flash crash, the price pierced through this trendline but didn’t fall below it. So, the Polkadot (DOT) price is retesting a key trendline to be held for further bullish price action.
Bulls are optimistic due to the growing popularity of Polkadot (DOT) and the increasing number of developers building on its platform. As a result, they suggest that the Polkadot (DOT) price will increase further in the coming days, exceeding $7.50.
On the other hand, bears are more cautious. They advise the recent price increase sets the ideal time to sell Polkadot (DOT) holdings and reap the profits until it’s too late. They suggest the Polkadot (DOT) price is to drop to $5.73, its next major support level.
Will Shiba Inu coin reach $1?
Shiba Inu (SHIB) has been making waves in the crypto world lately. Reports show that SHIB has overtaken Binance USD (BUSD) in market capitalization and is eyeing Litecoin (LTC) next.
Shiba Inu (SHIB), at the time of writing, trades at $0.00001097 with a market cap of $6.47 billion. The sharp increase in the value of Shiba Inu (SHIB) tokens may have turned some investors into billionaires, particularly those who invested in Shiba Inu (SHIB) during its early stages.
The Shiba Inu (SHIB) surge in popularity may be due to the upcoming release of Shibaswap 2.0, a decentralized exchange that allows users to trade various cryptocurrencies, including Shiba Inu (SHIB). The lead developer of Shiba Inu has confirmed that the new version is coming, which could introduce new features and improvements to the platform, potentially increasing its adoption.
Collateral Network a predicted 35X
Collateral Network (COLT) is a revolutionary web3 peer-to-peer lending platform that provides borrowers with institutional level liquidity. How?
Imagine you need a loan, yet you struggle to obtain credit in your domestic country with little options. At the same time, you don’t trust pawnbrokers. Here’s where Collateral Network comes into the picture.
You can take one of your prized possessions, such as fine art, gold, a fine watch, or your car, and pledge it as collateral for a loan. Collateral Network (COLT) would then authenticate and accurately value your physical asset, store it in their vault, and mint an asset-backed NFT to represent it.
Then, Collateral Network (COLT) fractionalizes the NFT so that multiple lenders can fund it and earn fixed passive income based on above-average interest rates. Therefore, Collateral Network (COLT) is a low-risk alternative for crypto natives unwilling to hold their possessions in stablecoins.
Collateral Network (COLT) creates a win-win situation for everyone, expected to grant investors 3,500% gains during presale only, from $0.014 to $0.35. Once it enters major exchanges, analysts expect Collateral Network (COLT) to surge by 100x, presenting a remarkable opportunity for early adopters.
Learn more about the Collateral Network presale:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk