Polygon (MATIC) Founder Plans To Overtake Ethereum (ETH), While Uniswap (UNI) Price Increases 11% In The Last Week; Is Collateral Network (COLT) Set For A 35x In Price?

DeFi continues to expand rapidly, and analysts point to the growth of layer two scaling solutions and the integration of real-world assets as key drivers of mass adoption and growth in the next bull market. Polygon (MATIC) recently launched its zk-evm, and Uniswap (UNI) rallied this week, but all eyes are on Collateral Network (COLT), a nascent protocol set to reshape the lending industry. 

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Polygon (MATIC)

Polygon (MATIC) released its zk-evm mainnet beta late last month, driving renewed interest in the Polygon (MATIC) protocol. Additionally, Polygon’s (MATIC) co-founder recently announced Polygon’s (MATIC) intention to overtake Ethereum (ETH) in terms of economic activity through its suite of scaling solutions.

Polygon (MATIC), at the time of writing, trades at $1.11, with price predictions from analysts placing Polygon (MATIC) between $2 and $2.38 in 2024. Polygon (MATIC) certainly has performed well recently, but several analysts have stated that Polygon (MATIC) could be due for a correction soon. 

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Uniswap (UNI)

Uniswap (UNI) has been one of the greatest beneficiaries of the collapse of faith in centralized exchanges and services within crypto, with many investors migrating their trading activity to Uniswap (UNI). Uniswap (UNI) has rallied 11% in the past week,  trading at $6.10 at the time of writing, with analysts giving price predictions ranging between $11.79 and $14.21 for Uniswap (UNI) in 2024.

Interestingly Uniswap (UNI) faces potential competition given that its Business Source License (BSL) expired on April 1st, meaning that developers can now fork the Uniswap code and spin up copycat DEXs. And for this reason, analysts have advised investors to rotate Uniswap (UNI) profits into more solid protocols with more significant upside potential, such as Collateral Network (COLT). 

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Collateral Network (COLT)

Analysts have continued to draw attention to Collateral Network (COLT), currently in its initial presale phase, predicting that it will do 35X by the time the presale closes. Collateral Network (COLT) will fundamentally revolutionize the lending industry by bringing real-world assets on-chain and opening up institutional-level liquidity to global asset owners through leveraging asset-backed NFTs.

Collateral Network (COLT) has already raised over $400,000, and given that the protocol represents the future of lending, this comes as no surprise to seasoned investors and traders. Collateral Network (COLT) allows asset owners to access liquidity without sale whilst providing a platform where lenders can earn passive income on their assets with weekly interest payments. 

COLT token holders will receive reduced fees on the platform and gain access to auctions where distressed assets will be sold at below-market rates. Additionally, COLT can be staked as another source of passive income.

Analysts predict that COLT could easily 100X when listed on centralized exchanges, and the market fully processes its value proposition: Collateral Network (COLT) brings real-world assets on-chain and provides the lending potentialities of tomorrow today. 

Find out more about the Collateral Network presale here:

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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