Careful analysis of the past market performances of cryptocurrencies can help you select the best investment option. The growth projection of cryptocurrencies is also a crucial factor in determining the profitability of crypto investment. If any cryptocurrency ticks both boxes, you should consider investing.

Collateral Network (COLT) is one such project. It has already grown multifold during its ongoing presale phase, and is expected to surge 100x by the end of 2023. On the contrary, Monero (XMR) and Fantom (FTM) are struggling to find market support. In this article, we will focus on these three cryptocurrencies, and their growth prospects.

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Monero Collaborates With Nym To Enhance Privacy

To sustain its growth in current uncertain market conditions, Monero has been forging new partnerships, and expanding its ecosystem. However, investors are not showing confidence in Monero. Consequently, Monero’s (XMR) price has plunged by 2% in the past 30 days. Monero is currently available to trade at $150.66.

In the latest event, Monero has joined hands with Nym’s mixnet, a platform that functions on open-source principles, and ensures decentralization. With this, Monero will help its community enjoy anonymity while making transactions. The partnership also aims to make the Monero ecosystem immune to cyber attacks.

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Fantom Announces New Reward Scheme

To encourage development activity on its network, and attract new developers, Fantom has announced a reward scheme. Under this, Fantom will reward the projects that will contribute to the high usage of gas fees on its network. According to an official announcement by Fantom, eligible projects will be given 15% of the gas fees they produce.

This reward scheme is the part of “dApp Gas Monetization Program,” which the Fantom community passed earlier this year. But the price movement of Fantom is still a concern for investors. The trading price of Fantom (FTM) has plunged by 11% in the past week. At present, Fantom is changing hands at $0.32.

Collateral Network Impresses Whales During Presale

Collateral Network is the world’s first Web3 crowdlending platform that grants loans against physical assets. Bringing the credit market to Web3, Collateral Network mints NFTs against a wide range of non-traditional assets, like fine wines, and luxury cars. People can send their real-world assets to Collateral Network to take a loan.

After receiving assets, Collateral Network evaluates and verifies them using artificial intelligence. Following this, the platform mints NFTs against collateralized assets, which are sent to the company’s secured vaults. Borrowers can regain the physical possession of their collateralized assets after settling the loans.

These NFTs can be purchased by investors from an open marketplace to fund the loans, and earn a fixed weekly income. Collateral Network issues loans after receiving physical assets, and not against any future income assurances. The platform also sells distressed assets through private auctions to ensure that investors’ funds are recovered in case a borrower defaults.

At present, users can own a Collateral Network (COLT) token at $0.014, which was just $0.01 at the start of the presale. The market price of COLT tokens is predicted to rise by 3500% before the culmination of the presale round. Hence, whales are aggressively accumulating COLT tokens.

Find out more about the Collateral Network presale here:

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

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

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

XRP (XRP) Ledger is set on a challenging course to surpass Ethereum in blockchain innovation, according to XRPL contributor Wietse Wind. As XRP (XRP) developers grapple with integrating novel features and ideas in the XRPL ecosystem, Wind acknowledges the hurdles they face despite their talent and creativity. Sparklo is a new cryptocurrency that is designed to revolutionize the way that people invest in digital assets. The platform is receiving rave reviews and mass adoption from the crypto world.

Sparklo (SPRK): Pioneering a New Era of Cryptocurrency Investments

Making significant strides in digital investments in precious metals, Sparklo is at the cusp of creating a groundbreaking shift in the industry. The platform is designed to enable users to acquire portions of a Non-Fungible Token (NFT), each section linked to a tangible asset. In addition, it proffers the thrilling prospect of owning an entire NFT, leading to the direct possession of the associated precious metal.

In its second presale phase, Sparklo presents a compelling proposition for potential investors. The token is attractively priced at just $0.036, and leading crypto experts foresee a considerable appreciation in its value. Forecasts suggest an enormous surge of 1,500% by the culmination of 2023, promising significant returns to its investors.

Sparklo’s robust smart contract has received the seal of approval from the Interfi network following an exhaustive audit. To counter potential rugpull threats, Sparklo has pledged to maintain liquidity for a complete century. With thorough research backing it and its promising potential, Sparklo positions itself as a captivating investment opportunity in 2023. The tokens are ready for purchase via the links provided.

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Unveiling XRP (XRP) Ledger’s Bold Blueprint to Outdo Ethereum

Renowned XRP Ledger (XRPL) developer Wietse Wind recently took to Twitter to express his views on the disparity between the XRPL and Ethereum (EVM) ecosystems concerning introducing innovative features. Wind recognized the creativity and talent of XRP (XRP) ledger developers but pointed out the difficulties they encountered in introducing new concepts and embedding core XRPL code. To make the XRP (XRP) Ledger more competitive in the rapidly changing landscape of decentralized technologies, Wind underlined the importance of a feature known as Hooks.

According to Wind, Hooks offers developers a flexible platform to freely express their creativity and integrate personalized logic to accounts on XRP (XRP) ledger chains. He confirmed the readiness of this technology on the Hooks V3 testnet and announced the impending release of a comprehensive security audit. In response to the XRP (XRP) community’s apprehensions, Wind clarified that the side chain would include an XRP (XRP) representation, dismissing the idea of issuing a separate token. Joining the conversation, fellow XRPL developers extolled the XRPL ecosystem’s ability to avoid Ethereum-like smart contract bugs and thefts. Furthermore, they showed their support for the successful growth of both side chains.

Find out about the Sparklo presale using the links below

• Buy Presale: https://invest.sparklo.finance
• Website: https://sparklo.finance
• Twitter: https://twitter.com/sparklo_finance
• Telegram: https://t.me/sparklofinance

The market has seen several exciting trends over the past few weeks, mostly around memecoins. But Dogecoin(DOGE) was never really the reason for the memecoin hype until recently when it followed in Bitcoin’s step to launch DRC-20. It has seen more volume since then; however, crypto enthusiasts rotate their gains into more promising projects like Uwerx as market excitement grows.

Uwerx has also made tremendous progress over the last few weeks and will be rounding off its Stage 4 presale soon.

Dogecoin Launches DRC-20

Following Bitcoin’s(BTC) ordinals and BRC-20 inscription shenanigans, Dogecoin(DOGE) is the next first-generation blockchain to follow suit.

The new BRC-20 mechanism allows token creation on the Dogecoin(DOGE) blockchain, and the network has experienced a significant surge in daily transaction volume.

BitInfoCharts data revealed that the network recorded over 645,000 transactions on Sunday, briefly surpassing both Bitcoin and Litecoin transactions. This spike in activity was a result of the DRC-20 token standard implementation on May 9, which enables the creation of tokens accepting Dogecoin (DOGE) as network fees. Previously, Dogecoin typically saw around 20,000 daily transactions.

This adds to the value proposition of Dogecoin and paves the way for possible blockchain-based DeFi applications. However, much like Bitcoin, DRC-20 has faced criticism from enthusiasts who believe it will clog the network and affect DOGE’s main aim of being an everyday currency.

Uwerx(WERX) Stage 4 Is Almost Over

Uwerx is a new freelance platform with huge prospects once the app hits the market. It’s a blockchain-based application looking to revolutionize the freelance industry with several unique features that provide more value to users. Uwerx has also launched its alpha version and has released the landing page of the platform. Its subsequent testing phase will allow early adopters to test the features and provide feedback on improvements the team can include towards the agile release.

The United States, India, Indonesia, Australia, and the UK are top countries with prominent freelance markets. These countries are seeing an increasing number of the labor force work as independent workers. The gig economy is projected to be worth several billions of dollars in some years. And with Uwerx building a user-focused platform via blockchain, they are at the forefront of all the new growth and value coming to the industry.

Uwerx will charge only a 1% fee on transactions occurring on the platform, compared to up to a 15% service charge from predominant platforms in the industry. Uwerx will also allow users to transact with cryptocurrency breaking the barrier of payment limitations still existent amongst users from various countries.

WERX will serve as the governance and utility token of the platform, allowing users exclusive access to additional features while they can also earn WERX rewards from activity on the platform. You can be early on WERX as it is selling at $0.041 on presale, and price predictions put the token at $2 toward the end of 2023.

Enter the presale now and get 20% extra tokens.

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network