SPONSORED POST*
The price of the Aptos (APT) token has made significant gains recently, especially after billionaire Elon Musk posted about it on Twitter. The question many APT investors are asking, however, is whether the price of Aptos can reach $15 this year.
Meanwhile, experts have pointed out Polkadot (DOT) and Collateral Network (COLT) as two projects with great potential for growth in 2023. Collateral Network is currently in the presale stage which has seen COLT’s price surge by 40% in less than 30 days.
Summary
How much is 1 Aptos coin (APT)?
Aptos is a decentralized proof-of-stake network designed to provide a platform where developers can build and deploy decentralized applications. Presently, Aptos is the 32nd largest cryptocurrency by market capitalization.
APT token has a market capitalization value of over 2 billion and a circulating supply of around 187 million APT tokens. Aptos has been on a bullish momentum lately. The recent surge in the price of Aptos can be attributed to a recent tweet by Elon Musk.
The tweet has since been deleted but it referenced Aptos and created a surge in the price of APT. Many analysts believe the Tesla billionaire’s interest in Aptos can lead to further price hikes in the coming months.
Aptos has demonstrated great potential for growth. Analysts are optimistic about the average price of Aptos (APT) reaching $15 and the maximum price hitting $19 by the end of 2023. Aptos’ all-time high price was $19 at the beginning of the year so rising beyond $15 is still possible.
What will Polkadot (DOT) be worth?
Polkadot has shown a lot of volatility in recent weeks but it is still one of the most recommended crypto investments for this year.
Polkadot has dropped by 1.2% so far this week but made 7.35% gains in the last month. At the time of writing, Polkadot (DOT) is trading at $6.022 with a market capitalization of $7.10 billion.
Polkadot has been thriving on its recent developments and collaborations. Polkadot recently announced that it would be cooperating with the KILT protocol to enhance the efficiency of its platform.
Crypto analysts believe that Polkadot will easily reach $7.21 by the second half of the year. Others are optimistic that Polkadot will rise to $7.53 by the beginning of June 2023. As Polkadot continues attracting more developers and projects, its utility and value may also increase.
Collateral Network (COLT) a fast-rising crypto project
Collateral Network, built on the Ethereum blockchain, is another fast-rising crypto project with great growth potential. Collateral Network is a decentralized peer-to-peer lending platform that seeks to break barriers and limitations in the traditional lending industry.
With Collateral Network, users can borrow money from lenders on the platform using their physical assets (jewelry, cars, real estate) as collateral. The physical assets are minted as NFTs representing the value of each asset. The NFTs are fractionalized and allow the borrower to get loans from multiple lenders. Therefore making the lending and borrowing process simpler and faster than traditional lending institutions.
Borrowers can easily unlock liquidity from their tangible assets to raise funds whereas lenders can become their own mini banks and earn passive income at a fixed interest rate.
The asset backed lending sector is estimated to be worth a whopping $1,721.38 billion by 2031. With such a unique lending protocol the potential for growth of Collateral Network is unprecedented and will be reflected in the growth in the price of the COLT token. Currently in the presale phase the price is expected to rise by 3500% in the next few months.
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
*This article was paid for. The Cryptonomist did not write the article or test the platform.
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