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These Altcoins have Grabbed the Attention of Crypto Investors

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Today, the crypto market is probably the most volatile market, which it makes it challenging for investors to make up their minds about investing in the digital asset. However, the recent bullish run has grabbed the attention of investors to the new project — Chainlink (LINK) and Cosmos (ATOM). But, which has gained much more attention from these two is a wholesome project based on crowdlending. The analysts had predicted that it will gain 3500% in the next few weeks.

What is Chainlink (LINK)?

Source – The Coin Republic

Chainlink acts as a bridge between blockchains and real-life businesses. It is a decentralized Oracle network allowing enterprises to connect with blockchain platforms securely. It also supports cross-blockchain interoperability by using hybrid smart contracts.

The token of Chainlink is called LINK, built on the Ethereum platform. It is currently trading at the price of 6.11 USD. According to CoinMarketCap (CMC), it is currently ranked 21. It has a market cap of $3 Billion. Over the last 7 days, the price of LINK has declined by 5.94%, but analysts believe it will bounce back.

What is Cosmos (ATOM)?

Source – The Coin Republic

Cosmos allows blockchains to scale and interoperate with each other. Its primary focus was that it provides different blockchains to connect and share data. It is similar to Polkadot, which creates an ecosystem for interoperable blockchain networks. 

The native token of Cosmos is called ATOMs. It is currently trading at the price of 9.92 USD. According to CMC, it is currently ranked 19. It has a market cap of $3 Billion. While the price of ATOM has decreased by 5.82% in the last 7 days, it appears that investors will remain bullish on the coin.

Although these two coins have created popularity among investors, the new coin which has gained traction with investors is COLT.

What is Collateral Network (COLT)?

Source- The Coin Republic

Collateral Network is a revolutionary crowdlending platform that allows individuals and businesses to unlock liquidity using their physical assets, including fine art, watches, vine bottles, and more. It is revolutionizing the financial world with its unique innovation. 

The tokens which power the collateral network are called COLT. The coin is currently in its presale phase. With a current price of $0.0168 per token, the token is anticipated to launch at a minimum price of $0.35. The total tokens sold to date were 725,616. The total tokens available were 130 Million. 

Analysts had predicted that it will further increase to 100x when it hits the exchanges. Furthermore, this price surge will enhance the investment allure. 

Final Thoughts 

If you are looking to invest in altcoins, then you will look at Chainlink (LINK), Cosmos (ATOM), and Collateral Network (COLT). While the Chainlink and Cosmos are building momentum, the Collateral Network, in particular, is predicted to reach 3500% gains in the next few weeks. As more and more investors will learn more about altcoins, analysts think their value will significantly increase. 

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. The prices are mentioned as per the press time which is 7 June 2023.

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