2022 was a bad year for crypto, but 2023 is set to be a great year for a few certain altcoins and decentralized applications (dApps). Investors looking to benefit from the upcoming surge in crypto prices are flocking to Collateral Network COLT ahead of 35x gains, Litecoin (LTC), and ImmutableX (IMX) as their top choices for 2023 gains.
Collateral Network (COLT)
Through leveraging the power of blockchain technology, Collateral Network (COLT) enables secured lending with tokenized assets as collateral. Collateral Network (COLT) offers users the ability to obtain capital without damaging their credit scores or paying exorbitant interest rates.
For example, Nate needs a new van for his business, but he doesn’t have the money to buy one outright. With Collateral Network (COLT), Nate can take out a loan and use his vintage whiskey collection as collateral.
Collateral Network (COLT) will tokenize the vintage whiskey collection into a fractionalized NFT that can be stored safely on the blockchain. Multiple lenders will all facilitate parts of the loan, and if Nate defaults on his payments, they can sell the fractionalized NFT to recoup their investment.
Collateral Network (COLT) has a native utility token that provides holders with a number of Collateral Network (COLT) platform benefits, including lower trading fees, lower interest rates, staking rewards, and more.
Collateral Network (COLT) token is now available to purchase during the presale phase, which sees 50% of the total supply released to the public at just $0.01 per token. This represents an unprecedented opportunity to get in early on the platform before its official launch.
Litecoin (LTC)
The OG cryptocurrency, Litecoin (LTC), is still one of the most widely used and trusted digital assets in the industry. Litecoin (LTC) has seen tremendous growth since its inception in 2011, and its price is poised to climb even higher as we enter 2023.
This is supported by the fact that Litecoin (LTC) is still one of the most used cryptocurrencies for payments and transactions. Litecoin’s (LTC) low transaction fees, fast confirmation times, and reliable network make it the perfect choice for businesses looking to accept crypto payments.
But the biggest reason why Litecoin (LTC) could pump in 2023 is the upcoming Litecoin (LTC) halving event. This event will reduce the block rewards miners receive for verifying transactions, which could lead to a surge in demand for Litecoin (LTC).
The price of Litecoin (LTC) usually starts climbing in the preceding months of the halving event, so now might be the perfect time to get in before Litecoin (LTC) pumps.
ImmutableX (IMX)
ImmutableX (IMX) is a layer-2 scaling solution that uses ZK-proofs to increase the throughput of Ethereum-based dApps. In fact, ImmutableX (IMX) can support up to 9,000 transactions per second (TPS), compared to Ethereum’s 15 TPS.
ImmutableX (IMX) is dedicated to powering the upcoming generation of Web3 games, offering users a seamless gaming experience with lightning-fast transaction speeds. Best of all? There are no gas fees or carbon emissions on ImmutableX (IMX).
It’s no surprise that ImmutableX (IMX) is being adopted by new projects on a daily basis. Illuviam, Guild of Guardians, and Gods Unchained are three of the latest Web3 gaming projects using ImmutableX (IMX) for their core infrastructure.
These partnerships are key to ImmutableX’s (IMX) growth because they prove the platform’s capability and offer real-world use cases for its technology. The more projects that join up with ImmutableX (IMX), the higher its profile will become — which in turn increases demand for its tokens.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
