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The crypto market is always buzzing with breaking news. In the past week, Tron’s (TRX) and Avalanche’s (AVAX) holders have seen their investments faltering. Meanwhile, Collateral Network (COLT) is about to hit a new performance milestone. Read on to find out Tron’s (TRX) price prediction considering the latest developments, and why Avalanche (AVAX) might be left behind as Collateral Network (COLT) keeps surging..
>>BUY COLT TOKENS NOW<<
Down nearly 3% in the past month, it’s no surprise that many investors wonder in which direction Tron (TRX) is headed next. Binance has recently announced that Tron (TRX) will be delisted from the platform, which is not good news for its holders.
The decision to delist Tron (TRX) was based on the fact that there are some regulatory concerns regarding this crypto. Tron’s (TRX) founder, Justin Sun, has also been accused of fraud and several law violations, which could lead to further turmoil for Tron (TRX).
Despite this, it’s not unheard for cryptos to bypass these regulatory challenges and succeed in the long term. At press time, Tron (TRX) is priced at $0.065, but some optimistic voices state that Tron could reach as high as $10 in the next decade – while more conservative analysts price it around $5.
In the past few days, Avalanche (AVAX) has also been in the red zone. Bears seem to be in control as the NFT activity remains weak on the platform. The price action has also been disappointing, along with the volume on Avalanche’s (AVAX) network and the development activity.
Regardless, Avalanche’s strong standing in the market could indicate a trend reversal, although this may require some patience from AVAX holders. Overall, this Ethereum challenger could still have a bright future, especially considering the partnership between Avalanche and Amazon earlier this year. This means that Avalanche (AVAX) may be the first one to make blockchain services available to businesses, institutions, and even governments.
>>BUY COLT TOKENS NOW<<
Savvy crypto investors generate wealth by investing in projects with strong fundamentals – therefore, for high returns, choosing a new crypto project with a bright future like Collateral Network could be a real turning point.
Collateral Network is a next-generation crowdlending platform. The first of its kind, the platform uses the native token, COLT, to allow anyone to borrow money against illiquid real-world assets, such as real estate, cars, fine art, luxury watches, and more. Essentially, the platform mints asset-backed NFTs, which are then fractionalized, allowing numerous lenders to fund such loans.
Collateral Network sits on a trillion-dollar opportunity – the market is estimated to be worth approximately $4.5 trillion and is expected to reach nearly $7 trillion in the next five years.
The Collateral Network platform brings together lenders and borrowers providing unique opportunities for individuals and businesses alike. Lenders use their capital to generate returns, while borrowers have access to quick money without going through the hurdles of the traditional banking system.
Currently, COLT tokens are in the presale stage and are selling at a discount, for only $0.014 – however, the price has already increased and experts expect it to reach $0.35 in the near future thanks to its real-world use cases and huge potential.
Experts believe that now is the time for investors to stock up on COLT tokens while they are still early!
TRON (TRX) and Avalanche (AVAX) have recorded declines lately, but Collateral Network (COLT) is slowly growing behind the scenes. This crypto project challenges the pillars of the financial world by offering the first blockchain-based crowdlending platform.
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Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice. Conduct your own research by contacting financial experts before making any investment decisions, more information here.