Can Bitcoin push past $30,000 this week, TRON struggling to hold value, Collateral Network (COLT) set to burst in presale

The crypto market remains in the spotlight amid turmoil in the global economy and banking system. Bitcoin (BTC) is one of the best-performing assets of this year, TRON (TRX) is struggling to hold value, while Collateral Network (COLT) is emerging as one of the most attractive presales this year.

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Can Bitcoin (BTC) Push Past $30,000 This Week?

Bitcoin has increased by nearly 70%, starting from around $16,000 in January. At the time of writing, it has a value of around $28,000, so all eyes are on Bitcoin this month. The bullish momentum continues despite the regulatory crackdown on exchanges.

For at least two years, $30,000 has been the main resistance and support level for BTC. One thing is for sure: the technical indicators remain positive, indicating that reaching $30,000 is inevitable sooner or later. If Ripple wins the case with the SEC, investors are highly likely to respond bullishly and propel BTC above $30,000.

TRON (TRX) Struggling To Hold Value

Amid a couple of corrections in March, Tron (TRX) is still struggling to hold value. Although the network’s traffic has been on the rise, the Tron is still under pressure and its development activity has been decreasing considerably. This is mainly due to the US SEC which declared TRX a security and brought charges against Tron’s founder, Justin Sun.

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Collateral Network (COLT) Set To Burst In Presale

One of the most attractive investments this year, Collateral Network, enters the stage at the right time and is a gem for investors looking for asset-backed crypto projects. The first decentralized crowdlending platform is currently in its presale stage, but analysts have already forecast its native token, COLT, to increase by more than 35 times due to its long-term growth potential.

Collateral Network is a peer-to-peer crowdlending platform. Anyone who needs a loan can use physical assets to get access to liquidity – artwork, real estate, luxury items, collectibles, and other illiquid goods in your home can now be turned into cash whenever you need it.

Essentially, the platform mints fractionalized NFTs backed by the physical asset of the borrower. Users on the platform fund the loan for a fixed interest rate, which means that they earn passive income. In other words, the lending users on the platform become their own bank.

Lenders and borrowers work directly with each other, so loans can be funded as quickly as within 24 hours. All transactions are fueled by the native token, COLT, which started the presale stage at only $0.01. However, thanks to its use cases, simplicity, and robust security, analysts expect COLT to reach $0.35 soon, offering a return of 3,500% to early investors.

Summary

The crypto market seems to have recovered most of the lost ground. Bitcoin (BTC) is highly likely to go above $30,000 soon as the much-awaited Ripple v SEC case comes to an end, while TRON (TRX) struggles to hold its value. All attention is now on Collateral Network (COLT), a new crypto project with a presale growth projection as high as 3500%.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk