COLLAT Price Spikes 240% in Just 2 Days, Paving the Way for the Next “Multiple X” Bull Run
Collaterize’s COLLAT token has surged more than 240% in the past two days, breaking through key resistance levels and opening up the potential for a strong new bull run. With its market cap still low, many investors believe that COLLAT still has room to grow many times over in the coming period.
COLLAT Explodes with Impressive Gains Amid New Wave of Interest
In the past 24 hours, COLLAT has gained another 37%, continuing a bullish streak that began on May 17 — when the token broke through a key resistance level at $0.27 with a surge in trading volume.
Since then, COLLAT has maintained a strong upward momentum, recording an intraday high of $0.89, representing a nearly 240% increase from the bottom of the recovery. The token has since corrected slightly and is currently trading around $0.78.
“The price breakout coupled with high trading volume shows that investor sentiment is shifting strongly to a positive trend and expectations are high for the project,” an analyst on X commented.
Technical signals and fundamentals support a long-term uptrend
Notably, the price surge comes after weeks of COLLAT being stuck in a narrow accumulation zone since late March. A steady recovery began on May 6, when the price retested the strong support zone of $0.08–$0.10 — also a multi-month low. Since then, buyers have gradually taken over and pushed the price higher.
COLLAT not only surpassed the short-term resistance of $0.27 but also broke through the $0.40 level, which was the peak after the token was launched. The “clearance” of two important resistance levels has opened a clearer path for further upside.
However, the RSI has now surpassed 90, warning of extreme overbought conditions. This suggests that a short-term correction or accumulation phase may occur before the price continues to move towards new highs.
Low market capitalization is a “golden opportunity” for venture capitalists
COLLAT currently has a market capitalization of only about $70 million, a relatively low number compared to the potential that the project is developing. If it continues to maintain its upward momentum along with the attention of the community and institutional investors, COLLAT is fully capable of growing many times over, especially in the current bull market cycle.
Collaterize: Connecting Traditional Assets to the Blockchain World
Collaterize is developing a platform to tokenize real-world assets (RWAs) such as investment funds, real estate, and bonds, putting them on the blockchain for easier management and trading. Their protocol supports multi-chain, wallet integration, payment cards, and gasless transactions for reduced costs, increased speed, and security.
Additionally, the platform connects to traditional banking systems, allowing users to control both fiat and digital assets from a single location — a major step in bridging the gap between traditional finance and DeFi.
In short, COLLAT is in a period of explosive growth thanks to a combination of strong technicals, a practical development platform, and potential small cap. While investors should be wary of a short-term correction due to overbought conditions, COLLAT’s long-term outlook remains extremely attractive in the emerging RWA ecosystem.
