Analysts Favor Long-Term Gains of Collateral Network (COLT) Over Dogecoin’s (DOGE) Potential Price Boost as a “Meme Pump”
Dogecoin (DOGE) is on an uptrend, driven by positive tweets by Elon Musk and the recent update of Twitter’s logo to the DOGE meme. The next hike for the DOGE price is estimated for April 20, the launch day of SpaceX Starship, which is expected to create buying pressure and send the DOGE price above the $0.10 resistance level, a price increase of about 25%. Collateral Network (COLT), a peer-to-peer lending platform built on Ethereum, is offering a unique market approach and massive potential. COLT fractionalizes NFTs to enable borrowers to obtain loans against physical assets, and lenders can gain passive income from their investment. COLT is currently in presale and has already increased by 40% from its initial price of $0.01. Multiple market forecasts predict DOGE to soar higher after the 420 event, and analysts predict gains by 3500% for the presale period, and 100x when it lists on major exchanges. Investors can buy COLT tokens in the presale portal on the official website using BTC, ETH, BNB, USDT, SOL, SAND, MANA, DOGE, or SHIB, which will be automatically converted into COLT.