Cryptocurrency News: Shiba Inu, Polkadot, Collateral Network Are the Next Cryptos to Pump

From meme coins to mainstream cryptocurrency, the crypto market is full of opportunities for diligent investors. However, the threat of a downturn still looms large amid economic uncertainty and the debt ceiling crisis

If you want to future-proof your portfolio, you may want to check out the following sections to find out why Collateral Network (COLT), Shiba Inu (SHIB), and Polkadot (DOT) are the next cryptos to pump this year

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Collateral Network Generates Hype with 3,500% Predicted Gains

The new kid on the block, Collateral Network is the talk of the town. It has reshaped the standards in the lending industry and attracts investors from all backgrounds with 3,500% predicted gains. Currently priced at only $0.014 in the presale stage, COLT tokens are to launch at a minimum of $0.35

Collateral Network is a revolutionary crowdlending platform. It allows individuals and businesses to unlock liquidity using their physical assets, such as fine art, diamonds or fine wine. These are valued by Collateral Network and stored in a secured vault until the end of the loan. The platform then mints a digital representation of the physical asset, a fractionalized NFT that can be funded by lenders on the platform

Lenders on the platform generate passive income in the form of interest rates from borrowers. Investors can pick a wide range of loan NFTs and create a portfolio that generates healthy returns according to their objectives. In case of default, the physical assets that back the loans are sold in an auction to recover the losses and repay the lenders

The Collateral Network platform is powered by the COLT tokens, which grant multiple benefits to their holders. For instance, lenders obtain discounts on trading fees, while borrowers obtain a lower interest rate on their loans, which do not require any credit checks or proof of income

Shiba Inu Hits New Milestones

Shiba Inu is far from its all-time high, but patient investors may be soon able to reap the fruits of their investments. At the end of May, Shiba Inu hit an important milestone, recording unprecedented growth on the network. At the same time, a very large portion of SHIB holders are long-term investors – 70% of all the holders have been holding their tokens for at least one year

Undoubtedly, Shiba Inu is attempting a recovery. The Shiba community is dreaming of reaching $1, especially as the Shiba eco keeps growing. Not many know that Shiba is more than just a meme coin – it fuels an entertaining eco of dApps, products, and platforms, whose growth can significantly boost Shiba Inu’s price in the long term

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Polkadot Eco Adds New Parachains

Polkadot’s is continuously expanding its reach. In March this year, more than 20 parachains were added to the Polkadot eco, including projects like Astar Network and Ajuna Network. Adding new parachains is important for Polkadot’s price action as the new networks increase activity and drive demand, boosting Polkadot’s value for its investors

Polkadot exhibits a huge opportunity this year, especially thanks to the important role it plays in connecting different blockchains. As the crypto industry grows, more and more developers are expected to use Polkadot to create new applications

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Summary

If you are looking for some of the best altcoins to watch, Shiba Inu, Polkadot, and Collateral Network should be at the top of your shortlist. Collateral Network, in particular, is predicted to reach 3,500% gains in the next few weeks, and could further increase 100x once it hits the exchanges. As more and more investors will have access to COLT tokens, their value will experience a meteoric rise

Find out more about the Collateral Network presale here:

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