COLLAT Price Jumps 240% in Just 2 Days — What Was the Main Trigger?

Jakarta, Pintu News – In just two days, the price of COLLAT has surged more than 240%, breaking through key resistance levels and opening up opportunities for further gains.

With a low market capitalization of only $70 million, COLLAT shows significant growth potential. This price increase began on May 17, when COLLAT broke through resistance at $0.27 with trading volumes increasing sharply.

Check out the full analysis here!

The Beginning of Rally

COLLAT’s price rally started with a steady rise after reaching key support in the $0.08 to $0.10 range, which is the lowest level in recent months.

From that point, buyers started to step in, gradually pushing the price up and setting the stage for the current surge. This surge has continued into today, with COLLAT reaching an intraday high of $0.89.

Also read: 4 major factors that could push XRP price up 5x by 2025!

Breakout and Growth Potential

With this latest breakthrough, COLLAT has successfully crossed the huge resistance at $0.040, which was previously the post-launch peak. Now, with both resistances passed, the path to the upside seems clear and open.

Nonetheless, with the Relative Strength Index (RSI) currently above 90, indicating an extreme overbought condition, a consolidation or retraction in price is likely before any sustained upward movement.

Also read: Sean Neville’s New Startup, Catena Labs, Raises $18 Million to Build the AI Bank of the Future!

Infrastructure and Utilities COLLAT

Collaterize, the platform behind the COLLAT token, is building the infrastructure to tokenize real-world assets such as funds, real estate, and bonds using blockchain technology.

The aim is to make it easier for traditional and crypto financial users to issue, manage and trade these assets across multiple blockchains. COLLAT is used for governance, feature access, and manage decentralized cash investing in Real World Assets (RWA).

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. Collat Price Rallies 240% as Breakout Clears Way for Multiple X Upside. Accessed on May 21, 2025
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