Ethereum (ETH) Price Hits The $2K Mark, Cardano (ADA) and Collateral Network (COLT) Emerge In NFT Sales

Collateral Network (COLT) is one of the fast-rising crypto projects. Since its presale was announced, it has been raking in more profit, already seeing a surge in price by 40% to $0.014 currently, to investors’ delight.

Other projects currently getting crypto investors’ attention are Ethereum (ETH) and Cardano (ADA), which are currently appreciated.

This article reviews COLT, ADA and ETH and provides prospective investors with the information they need to invest wisely.

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Ethereum (ETH) Breaks the $2k Mark

Ethereum (ETH) is a leading decentralized and open-source blockchain system run by its native cryptocurrency, Ether (ETH). Besides its adoption for executing decentralized smart contracts, many cryptos are built on the Ethereum (ETH) blockchain.

With a price at the time of writing of $1,996.46, Ethereum (ETH) has appreciated over the last 24 hours. The legendary Ethereum (ETH) token recorded over $14 billion of transactions within the same timeframe. Rated number 2 on CoinMarketCap, Ethereum (ETH) has a live market cap of over $238 billion and a circulating supply of over 119 million ETH coins.

Since seven years ago, Ethereum (ETH) has appreciated by almost 500,000% as the popular crypto appreciated from $0.4209 per ETH coin on October 21st 2015, to its current value of over $2,000 per ETH coin.

The appreciating Ethereum (ETH) coin is still available for interested investors on significant cryptocurrency exchanges such as Bybit, OKX, Binance, Bitrue, Deepcoin and other supported exchanges.

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Cardano (ADA) Goes Stronger

Cardano (ADA) was created as a proof-of-stake (PoS) blockchain platform for innovators and visionaries to change the globe positively.

Cardano (ADA) is currently available for purchase on major crypto exchanges such as Bitrue, OKX, Deepcoin, Binance and Bybit. The Cardano (ADA) price is $0.4235 at the time of writing, representing an appreciation within 24 hours. A trading volume of $501,403,116 was recorded for Cardano (ADA) within the same timeframe.

One of the top 10 cryptocurrency projects, Cardano (ADA) has a live market cap of over $14 billion, a circulating supply of over 34.7 billion ADA coins, and a maximum supply of 45 billion ADA coins.

Besides its recent appreciation, Cardano (ADA) is one of the currencies that have withstood the storm of the cryptocurrency industry and Cardano (ADA) has appreciated by over 2,400% since October 1st 2017.

Collateral Network (COLT) Rakes in More Profit in Presale

Although currently at its presale stage, Collateral Network (COLT) is showing the cryptocurrency community why it’s one of the most promising projects.

As an innovative crowdlending platform, Collateral Network (COLT) allows anyone to take loans by using their physical assets as collateral. You can borrow against fine wines, real estate, cars and other assets as a COLT holder.

While explaining how the platform functions, the Collateral Network (COLT) team noted that its “proprietary lending platform would provide borrowers with quick access to loans on the blockchain at competitive rates. This is achieved by minting NFTs that are backed by the borrower’s physical assets, enabling our community to become fractional lenders.”

According to the Collateral Network (COLT) team, NFTs are backed by assets on a one-to-one ratio before fractionalizing. Fractionalization allows borrowers to take advantage of its crowdlending feature to unlock liquidity. Lending in fractionalized NFTs helps lenders to raise funds for the loans for borrowers, thereby becoming fractional lenders.

During the ongoing presale, investors have a golden opportunity to invest in the Collateral Network (COLT) token at a discount. A 40% deposit bonus awaits you if you join the Collateral Network (COLT) presale now as well as the opportunity to lock in tokens at a price of only $0.014 in its second stage

Indeed, if you invest in Collateral Network (COLT), this promising project, governance rights, passive earning opportunities, and other incentives are all yours.

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

Akash Anand: I am an engineering graduate with a leaning towards content and hard-hitting journalism. The aim has always been to gather the latest happenings in crypto and present it to the world.