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What is Kaspa (KAS)


Kaspa (KAS) is a new type of layer 1 blockchain that moves away from the latest trend of Proof-of-Stake (PoS) consensus algorithms. Instead, Kaspa (KAS) uses a Proof-of-Work (PoW) consensus algorithm that relies on the GHOSTDAG protocol.


Kaspa’s (KAS) unique approach allows blocks to coexist, rather than be ordered linearly in a chain, thus increasing the scalability of the network and allowing for faster transactions. In fact, Kaspa (KAS) can process one block per second, with a goal of processing hundreds of blocks per second.


Expert Price Forecast for Kaspa (KAS)


This revolutionary technology hasn't gone unnoticed by the cryptocurrency industry. Kaspa (KAS) was priced at $0.005 on January 1st and has already seen its price skyrocket to $0.03, representing an impressive 500% increase in just over three months.


Analysts are now predicting that Kaspa (KAS) could reach prices as high as $0.10 by the end of 2023. This would represent a 65x increase from its 2022 price and make Kaspa one of the most profitable investments of the year.


However, analysts are also quick to note that with so many Kaspa holders in profit, a larger sell-off could cause a correction in the near future.


What Surging Crypto Are Whales Swarming To?


While Kaspa has already surged, there is another crypto that is set to gain massive attention from whales. This crypto, called Collateral Network (COLT) is a decentralized collateral lending platform that provides users with the ability to securely collateralize their valuable assets in return for a loan.


Collateral Network (COLT) has already seen its price increase by more than 40% since the presale began in February and analysts predict it could further grow by 3500% this year. This is due to the revolutionary approach to collateral that is set to transform the trillion-dollar lending industry.


Collateral Network mints NFTs to represent all physical assets used as loan collateral. By doing this, Collateral Network allows loan collateral to be broken into smaller pieces and distributed to a network of lenders.


No longer do borrowers have to wait for one wealthy lender to fund their loan. Now, with NFT technology, multiple lenders can take part in the process and reap rewards from interest payments.


Collateral Network's smart contracts handle all of the necessary paperwork and guarantee the security of the loan. This eliminates the need for middlemen, significantly reducing paperwork and time-intensive processes.


COLT is the fuel that keeps Collateral Network running and is used for the various fees on the platform. Holding COLT comes with additional perks, like discounts on fees, staking rewards, and the ability to vote on major platform decisions.


Considering these factors, it's no surprise why whales are now flocking to Collateral Network (COLT) during the presale phase, especially with a time limit on how long COLT will be priced at $0.014.

If you are looking to benefit from COLT’s predicted rise from $0.014, check out the links below to find out how you can benefit from a 40% purchase bonus.

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