The crypto community has been looking into Collateral Network (COLT), an up-and-coming token set to revolutionize the game.
But should we listen and set our sights on Collateral Network (COLT) too, and put Cardano (ADA) and Polkadot (DOT) aside? The answer is yes! Collateral Network (COLT), even though still at stage 2 of its public presale, puts them both in the rearview with its 3500% growth potential.
Collateral Network (COLT)
Collateral Network (COLT) is a hot topic in the crypto community, as it is on its way to completely shatter how we finance more significant purchases.
Collateral Network (COLT) is a decentralized lending platform that allows you to use real-world assets and put them up as collateral to get a loan. You can get a loan from Collateral Network (COLT) by sending your asset, for instance, a $50k piece of jewelry. The Collateral Network (COLT) team will then value your jewelry and mint it into an NFT. After that, it will fractionalize the NFT, enabling multiple lenders to fund the loan. Once you repay your loan’s principal with interest, the NFTs will be destroyed, and Collateral Network (COLT) will send back the asset you leveraged.
As the one financing a loan, you will get fixed-interest payments in return for supplying the money needed, and you’ll be able to buy the assets at a lower auction price if someone fails to pay out their loan, thanks to Collateral Network (COLT).
Collateral Network (COLT) keeps all transactions 100% discreet. Also, with Collateral Network (COLT), you can get a loan quickly without jumping through all those bureaucratic hoops.
Collateral Network (COLT) is currently at stage 2 of its public presale. And even though it’s still new, experts believe that Collateral Network (COLT) has a 3500% growth potential, which can make you life-changing money if you jump on the Collateral Network (COLT) train today.
Cardano (ADA)
Over half of Cardano (ADA) investors have recently transitioned from short-term to longer-term holders of the Cardano (ADA) token. This transition has inspired more confidence in Cardano (ADA) and has, in turn, positively impacted the Cardano (ADA) market performance.
Cardano (ADA) is currently trading at $0.38, which is a 0.70% increase in price in the last 24 hours, at the time of writing. Also, the market cap of Cardano (ADA) has increased by 0.63% at the time of writing, while the volume of trades of the Cardano (ADA) coin has decreased by 0.85%.
Additionally, Cardano (ADA) is striving to be a top EVM chain by next month. Thus, investors expect even more price increases for the Cardano (ADA) coin, making them hold Cardano (ADA) longer.
Polkadot (DOT)
After the neutral-price spell Polkadot (DOT) has been experiencing these past weeks, the Polkadot (DOT) price showed a bullish sentiment, currently trading at $6.18. This surge in the price of Polkadot (DOT) shows an increase of 0.99% in the last 24 hours, at press time.
Also, the market cap of Polkadot (DOT) experienced an increase of 0.76% in the last 24 hours, while the volume of Polkadot (DOT) trading decreased by 4.62%. Experts expect the surging price to break soon once Polkadot (DOT) reaches $6.26. And after this dip, Polkadot (DOT) is expected to drop back to $6.11.
Once Polkadot (DOT) drops, it is expected to remain stable at this price level, a somewhat support level to which Polkadot (DOT) often returns.
Learn 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