The potential of cryptos to grow within the market is one of the main considerations of investors before buying into any project. Dogecoin (DOGE) is one crypto whose long-term future has always been questioned. At the same time, Solana (SOL) and Collateral Network (COLT) have captured the attention of experts and customers thanks to their potential for growth, COLT specifically as it has a token price of only $0.01 during its current first presale stage.

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The Future of Dogecoin (DOGE)

When Dogecoin (DOGE) was first introduced to the crypto market, little attention was paid to the coin until the CEO of Twitter and tech billionaire Elon Musk became an outspoken advocate of the project. He spoke about it at almost any given opportunity to the point where the phrase “to the moon” became the catchy unofficial slogan of Dogecoin (DOGE). Elon Musk’s interest in Dogecoin (DOGE) is arguably one of the driving factors for the crypto’s popularity and price growth.

However, Elon Musk’s sentiments towards Dogecoin (DOGE) have changed. The former Dogecoin (DOGE) advocate has declared that he is now more interested in the potential that artificial intelligence (AI) has. Musk’s announcement has hurt the price of Dogecoin (DOGE) in the last couple of weeks as investors are becoming more bearish.

As of the end of March, Dogecoin (DOGE) experienced an overnight price drop of 1.71% to a value of $0.0727. Its trading volume is currently at $1.2B after dropping. According to technical analysis, Dogecoin (DOGE) displays a bearish trend.

Dogecoin (DOGE) remains a meme token with minimal utility, and this doesn’t paint a bright long-term future for the crypto, as experts expect the bearish trend to continue. With Dogecoin (DOGE) close to its support level of $0.06, it is more profitable to focus and invest in other projects with better growth potential in the long run.

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Solana (SOL) Value Slowly Increasing

Solana (SOL) is arguably one of the fastest-growing cryptocurrencies on the market, with experts keeping a close watch on the price movement. Although it recently experienced a rough patch in March, Solana (SOL) has quickly bounced back. An inflow of over $100 million into the crypto market is expected to boost the value of Solana (SOL) in the coming weeks.

The Solana (SOL) token is designed to operate on the high-performing Solana (SOL) blockchain, which was developed as an efficient, scalable alternative to Ethereum (ETH). Although the price of Solana (SOL) recently suffered due to the scandal of disgraced FTX founder Sam Bankman-Fried, the Solana (SOL) market value has slowly improved.

Collateral Network (COLT) Making Its Mark on The Market

Collateral Network (COLT) is a new trailblazing platform that uses blockchain technology to revolutionize how money is lent and borrowed. Collateral Network (COLT) allows people to borrow money backed by real-world assets regardless of location.

Anyone on the Collateral Network (COLT) network can use the platform for loans whether they are borrowing through assets or lending money for the loans using its asset-backed fractionalised non-fungible tokens (NFTs). Additionally, borrowers can get the loans they need on Collateral Network (COLT) without having to sell their real-world assets or go through the tedious process of filling out paperwork to put up their physical assets as collateral. Lenders will also be able to earn passive income through lending small amounts of money towards the fractionalised NFTs that represent the collateralized assets for the means of raising capital for the loans.

Collateral Network (COLT) is the first cryptocurrency platform to offer its users this type of loan that utilizes fractionalized NFTs backed by physical assets. At the presale stage, Collateral Network (COLT) is valued at $0.01. This is an excellent start, and crypto experts predict that COLT will do 35x better within the next few months.

As an incentive, Collateral Network (COLT) offers several benefits. For example, token holders will be able to vote on important project milestones, and they can also choose to stake their tokens to earn passively.

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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