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OKB (OKB), Onyxcoin (XCN) And Collateral Network (COLT): Which Crypto Could Make...

 1 year ago
source link: https://cryptomode.com/okb-okb-onyxcoin-xcn-and-collateral-network-colt-which-crypto-could-make-you-rich-in-2023/
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With the failure of Silicon Valley Bank and Signature, many investors are eager to add a crypto asset to their portfolio. And although coins like OKB (OKB) and Onyxcoin (XCN) look like the ideal cryptos given their past performance, analysts believe that Collateral Network (COLT), the world’s first crypto challenger lender which is forecasted for 3500% presale returns, could dominate the market for years to come!

>>BUY COLT TOKENS NOW<<

OKB (OKB)

About 99% of existing OKB (OKB) holders are now profiting, as per research from analytics company IntoTheBlock. So even though OKB (OKB) went through the crypto winter, this on-chain data shows that OKB (OKB) is still desirable among investors.

OKB (OKB) has a value of $42.89 with a market cap of $2.5b, an increase of 2.6% in the past day alone. The trading volume for OKB (OKB) also fell by -7% in that same period, reaching $11,124,928.

However, the technical analysis for OKB (OKB) paints a different picture, with most of its technical indicators showing strong sell signals. If bears manage to take control of OKB (OKB), experts predict it could fall to its support level of $40 by the end of 2023. But if this bullish trend continues, OKB (OKB) could rise to $53 may be in store.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT)

Collateral Network (COLT) will present the first-ever decentralized crowdlending platform where users may borrow against their tangible off-chain assets and unlock institutional-level liquidity without selling them. This platform supports a variety of assets, including but not restricted to gold bars, jewelry, antique automobiles, real estate, and fine wines.

Any borrower can use one such item as collateral and send it to Collateral Network (COLT), which will mint an NFT backed 1-to-1 by the actual physical version of the asset held in a vault. Moreover, these NFTs will also be fractionalized and sold partially to the Collateral Network (COLT) community, which will become mini banks and collectively fund the loan for a fixed weekly interest rate!

Collateral Network (COLT) will bring lending into the digital era by employing artificial intelligence (AI) to assess assets properly and develop algorithmic loan rates. This process will only take a minute, eliminating the need to go to an actual shop and negotiate for the assets’ value.

At the center of the Collateral Network (COLT) ecosystem will be its native token, COLT, which provides benefits like staking, governance rights and discounts to holders, and is currently in its presale phase at $0.014. But as the presale keeps advancing, so will its price, with some analysts foreseeing a rise to $0.35 in the next five months. Only 38% of the 1.4 token supply will be available during its presale, and with tokens selling fast, now is the time to get involved.

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Onyxcoin (XCN)

Onyxcoin (XCN) recently saw a slight rise after the Onyx Swap went live. This feature will allow users to swap directly on the Onyx dApp, which Uniswap drives.

Onyxcoin (XCN) is trading hands at $0.004163 with a market cap of $97m, a jump of 0.9% overnight. The 24-hour trading volume for Onyxcoin (XCN) has also increased by 16% and now sits at $10,127,975.

On a negative note, the technical analysis for Onyxcoin (XCN) paints a different picture, as all its moving averages are red. This data has caused a bearish sentiment for Onyxcoin (XCN) as the scales are tipping in the seller’s favor. Nevertheless, analysts remain bullish for Onyxcoin (XCN) because of new project developments, predicting Onyxcoin (XCN) may rise to $0.005 by the end of 2023.

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

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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