• This press release discusses the three most promising cryptocurrencies for safe returns – Polkadot (DOT), Litecoin (LTC) and Collateral Network (COLT).
• Polkadot is an open-source multichain protocol with sharding, while Litecoin (LTC) is often called the “Silver of Bitcoin”.
• Collateral Network aims to revolutionize the crowdlending industry through NFT and blockchain technology.
Overview
This press release discusses three cryptocurrencies that offer safe returns – Polkadot (DOT), Litecoin (LTC) and newcomer Collateral Network (COLT).
Polkadot (DOT)
Polkadot (DOT) is an open-source multichain protocol that uses a sharding mechanism to allow blockchains to be interoperable with each other. It was designed to become the foundation of Web3, a decentralized internet of blockchains. Its four components – relay chains, parachains, parathreads and bridges – allow it to connect and communicate with external blockchains. Despite being down more than 90% from its all-time high of $53.28, Polkadot’s price is positioned for a breakout as it moves within a falling wedge pattern. If it breaks $7 resistance and its 200-day moving average, its price could surge up to $16 or even $20.
Litecoin (LTC)
Often called the “Silver of Bitcoin”, Litecoin has a maximum supply set at 84 million tokens, four times as much as Bitcoin’s supply. It still uses the Proof-of-Work consensus mechanism and currently trades around $60 after bearish RSI divergence signaled it couldn’t stay above $75 resistance level. With prices still in an uptrend for now, there may be great swing trading opportunities if you’re not looking for 100x or 1,000x gains but are happy with x2 or x3 earnings instead.
Collateral Network (COLT)
Collateral Network aims to revolutionize the crowdlending industry through NFTs and blockchain technology in such a unique way that its price might surge 35x in the next six months due to increased demand from investors looking for safe returns on their investments.
Conclusion
Polkadot (DOT), Litecoin (LTC) and newcomer Collateral Network(COLT) provide modest yet secure returns on investments according to our analysts and experts making them some of the best options out there if you’re not looking for huge profits but rather steady growth in your cryptocurrency portfolio over time.