Stellar (XLM) And Fantom (FTM) Prices Struggle, Collateral Network (COLT) Presale Set For 35x Gains

Investors in large numbers are rallying behind the presale of Collateral Network (COLT). They are convinced that Collateral Network (COLT) will give a 35x return on investments during its presale. 

On the other hand, Stellar (XLM) and Fantom (FTM) have been trying to keep bears away from their doors but to no avail.

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Stellar’s (XLM) Presence Increases In Brazil

Stellar (XLM) is a P2P decentralized protocol that allows borderless asset transfer. Stellar (XLM) has received financial support from many big companies such as Google and Stripe. 

Stellar’s (XLM) primary objective is to connect centralized networks, such as banks, with decentralized blockchains. Recently, the Brazilian Central Bank launched a pilot test of its digital currency on the Stellar (XLM) blockchain. 

This shows the growing acceptance of Stellar (XLM). Currently, Stellar (XLM) is ranked 30th by market capitalization. The price of Stellar (XLM) has fallen by 8% in the last seven days. 

On the monthly chart, Stellar (XLM) has tumbled by 11%. Consequently, Stellar (XLM) currently trades at $0.0798, which is 91% below its all-time high of $0.94.

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Fantom (FTM) Struggles To Overcome Bears

Fantom (FTM) is a blockchain-powered project aiming to provide a fast, scalable, and secure infrastructure for decentralized applications (dApps) and smart contracts. 

Fantom (FTM) has made a big name for itself due to its high throughput capacity. Fantom (FTM) boasts fast confirmation times, making it a better option for applications requiring quick and efficient processing. 

However, Fantom (FTM) has been going through a bearish phase for a long time. The price of Fantom (FTM) has fallen by 21% in the last 30 days. 

Besides, Fantom’s (FTM) value has declined by 16% in the past week. The current trading price of Fantom (FTM) is $0.37, which is 89.36% below its all-time high of $3.48.

Collateral Network’s (COLT) Presale Is Pegged To Unparalleled Success

Collateral Network (COLT) connects borrowers and investors from across the globe. Collateral Network (COLT) allows its users to unlock liquidity from their physical assets by minting them as fractionalized NFTs.

Assets like luxury cars, real estate, vintage wines and watches can now be used as collateral by borrowers on COLT, enabling them to access liquidity much faster than ever before. By minting them as fractional NFTs, multiple lenders can fund the loan via the NFTs, earning a fixed rate of interest and enabling a truly decentralized peer-to-peer  system.

The ecosystem of Collateral Network (COLT) comprises various unique utilities, and COLT tokens, the native cryptocurrency of Collateral Network (COLT), will run the entire ecosystem that boasts institutional-level liquidity. By holding COLT tokens, users can enjoy features like staking, governance rights, discounts on fees, and even access an exclusive VIP group, where members can participate in auctions for distressed assets.

The presale of Collateral Network (COLT) has begun at $0.01. The network is projected to grow by 3500% during the presale round as it reaches exchange listings, so one thing is for certain: Don’t miss out on the incredible potential of this token.

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.