Having gone through the crypto crash of 2022, the question on every investor’s mind is which token to focus on in 2023 and beyond.
Some of the names being mentioned in the cryptocurrency circles include Collateral Network (COLT), Monero (XMR) and Chiliz (CHZ). Collateral Network (COLT) is predicted to see a price surge of 35x.
We will look at each of the three coins – Collateral Network (COLT), Monero (XMR), Chiliz (CHZ) – and how they are expected to perform in the coming months.
Monero (XMR) Price Forecast
The cryptocurrency XMR, created by the Monero (XMR) project, is used to manage transactions in the system. Since the Monero (XMR) platform’s consensus process supports data encryption, users’ private information is protected from even the platform’s administrators.
Monero (XMR) features a more complicated structure than Bitcoin (BTC), yet it is essentially immune to conventional threats.
At the moment, Monero (XMR) ranks 24th in the cryptocurrency market and has a 0.3% market share. In the previous few days, the volume for Monero (XMR) has decreased. The volume/market cap ratio for Monero (XMR) also indicates a flattening price trend.
The value of the Monero (XMR) cryptocurrency more than tripled over the course of a few months in 2021. The price of one coin, however, fluctuated between $136.05 and $483.58 between the beginning of January and the beginning of May 2022.
The coin’s price has deviated from its May peak, but it has stayed within a discernible price range. The question that most investors are asking, however, is if Monero (XMR) will remain stable or if it will reach new record highs in the coming months?
Chiliz (CHZ) Price Forecast
The Socios network operates with its own coin called Chiliz (CHZ). Alexandre Dreyfus launched the Socios platform in 2018 with the ambitious goal of transforming the world’s 3.24 billion gamers from passive observers to actively participating members of interconnected teams with the authority to make strategic decisions.
The point of Chiliz (CHZ) innovative approach to fan participation is to give the fans more control. Chiliz (CHZ) is a “crowd-control” mechanism that can give fans a voice in the outcome of any international sporting event.
For instance, people who follow esports may cast ballots for their preferred teams. Thanks to Chiliz (CHZ) token’s blockchain-based exchanges, gamers all over the world can now show their support for their sports teams of choice by acquiring fan tokens on cryptocurrency exchanges.
Chiliz (CHZ) encourages regular fan participation by giving them the tools to become advocates for any rival brand. Token prices for Chiliz (CHZ) are expected to settle between $0.00558 and $0.0167 by 2023’s conclusion, according to market experts.
Collateral Network (COLT) Could Rise by 35x
Collateral Network (COLT) is the very first challenger lender in the whole world. It connects the virtual and physical spheres by way of a crowdlending platform built on the blockchain.
Borrowers anywhere in the globe will be able to access the monies locked up in their blockchain assets on the Collateral Network (COLT).
People using Collateral Network (COLT) will effectively function as their own banks, lending money to one another at a set interest rate for fractional amounts of their principal.
With Collateral Network (COLT), borrowers may secure loans against their blockchain assets, whether they are digital or real, without the hassle and red tape of regular financial institutions.
Collateral Network (COLT) is the first blockchain project to mint NFTs for tangible assets, fractionalize those NFTs and make them available to the community in the form of finance loans.
The COLT token is the system’s native currency. The price of Collateral Network (COLT) tokens is currently priced at $0.01 and is expected to increase by 35x in the next six months, according to market forecasts.
Find out more about the Collateral Network presale here: