After a fabulous start to 2023, cryptocurrencies are entering a period of correction, with the indices of Polygon (MATIC) and ApeCoin (APE) falling in the past week. By comparison, the project in its Phase 1 pre-sale, Collateral Network (COLT), has aroused the curiosity of many investors and experts! Let’s take a look at these three cryptocurrencies and how they stack up against each other.
Game developers will soon have a unique platform for developing web games with the new zero-emission Ethereum virtual machine (zkEVM) thanks to the partnership between Polygon (MATIC) and Immutable. The ZkEVM beta launch on the mainnet is scheduled for March 27; However, Polygon (MATIC) stated that not all functions are available so that the stability of the service is prioritized.
As the launch time approaches, the price of the Polygon (MATIC) coin has not lived up to expectations: it is now trading at $1.08, down 2.39% in the last 24 hours. Not only that, but the technical analysis for Polygon (MATIC) also shows a bullish pattern for the signal, with all indicators in the red.
On a positive note, Polygon’s (MATIC) trading volume grew by 4% overnight and now stands at $304,300,357. This study shows the rise of Polygon (MATIC), with experts predicting that it could rise to $1.36 by the end of 2023. This price point leaves much to be desired, as Polygon (MATIC) holders begin to migrate to other projects with much longer-term profits. the term
In recent highlights, the DAO of ApeCoin (APE) has rejected a proposal that would have added two more NFT collections. Ape Coin Pet Club and Ape Coin Armory Club are two collections, and each is claimed to house 20,000 NFTs.
This rejection did not help the value of ApeCoin (APE) as it fell 3.42% in the last day alone and now stands at $4.02. On the other hand, the trading volume of ApeCoin (APE) also decreased by 10%, standing at $81,469,056.
Looking at the technical analysis of ApeCoin (APE), we can see that all the moving averages and technical indicators are showing strong signals. While the outlook for ApeCoin (APE) is uncertain, experts predict that ApeCoin (APE) could fall to $3.90 soon, as the world’s most profitable projects emerge every day.
Collateral Network (COLT)
Collateral Network (COLT) aims to revolutionize the lending industry by creating the first Web3 peer-to-peer lending platform. He is a businessman and needs financing. You can borrow things (cars, real estate, jewelry), such as $000 cash, by placing it as collateral in the Collateral Network (COLT).
This platform will then mark the NFT that will represent the physical object itself (so it will be 100% asset-backed). This token will then be shared and all investors will be able to give small amounts of money as agreed upon. This imposition of the loan process has never been attempted before and is the best idea that could suspend the entire mortgage loan industry.
Another point in favor of the Collateral Network is that the liquidity pool will be locked for 33 years, while the team’s standards will be locked for 2 years. This fact, with the hearing of the sharp contract already completed, makes the Collateral Network (COLT) one of the safest investment options on the market!
As a national token platform, ASELLA offers owners a number of advantages, including exclusive access to auctions of distressed assets, lower sales for broken lenders, and lower lending rates for borrowers. Currently trading at just $0.01, now is the perfect time to buy this potential premium ticket that is expected to rise 3,500% to $0.35 in the coming months.