Are you also looking for a cryptocurrency that can turn your $100 into $10000? Collateral Network (COLT) is the answer to your search. Whales and experts have already figured out the growth potential of Collateral Network; hence, they are accumulating its presale tokens quickly.
Analysts claim that Collateral Network will provide its investors with at least 100x profit this year. Interestingly, investors of Bitcoin Cash (BCH) and Ethereum Classic (ETC) are now feeling FOMO due to the massive gains accrued by COLT owners.
Ethereum Classic’s Hashrate Increases But Price Falls
2023 has been turning out to be a positive year for Ethereum Classic, with the network witnessing an increase in its hashrate. The record shows that Ethereum Classic started 2023 with a hashrate of 104 TH/s on January 1. But the hashrate of Ethereum Classic has surged to 114 TH/s as of May 30.
This indicates that the number of development activities on the Ethereum Classic network is increasing. This, according to experts, may help the value of Ethereum Classic move northward in future. At present, the price of Ethereum Classic (ETC) has decreased by 7% in the past 30 days. Ethereum Classic is now available to change hands at $18.01.
Bitcoin Cash Advocate Praises Ethereum
Bitcoin Cash proponent, Roger Ver, has claimed that Ethereum will be the biggest factor to draw new users toward cryptocurrencies. His comments have come amid the efforts of Bitcoin Cash and Bitcoin (BTC) to expand their businesses. Until now, Bitcoin Cash has been used purely as a digital currency, or store of value.
Recently, Bitcoin Cash launched its CashTokens feature, which would allow developers to build tokens on the network. However, the feature has failed to bring any positive price outcome for Bitcoin Cash. At present, Bitcoin Cash is 4% down on the monthly chart. Consequently, the trading price of Bitcoin Cash (BCH) has tumbled to $112.72.
Collateral Network Infuses Bullish Sentiments In The Market
Are you looking to borrow money but cannot obtain a loan from banks due to a lower credit score? Consider Collateral Network, which has made it simple for people to take loans against physical assets, which can include art, fine wine, vintage cars, watches, and more. Borrowers can obtain loans on Collateral Network at a competitive interest rate, and within 24 hours.
People seeking a loan can send their tangible assets to Collateral Network without any regulatory hassle. Collateral Network mints non-fungible tokens against those collateralized assets, and keeps them safely in its vault until the settlement of the loan. Collateral Network sends the collateralized assets back to their owners after the repayment of the loan.
Investors can purchase NFTs minted by Collateral Network from a decentralized marketplace. Moreover, lenders can become their own banks because they are the ones who set the interest rate for loans. The Collateral Network ecosystem comprises Crowdlending, Marketplace, and Auctions.
A COLT token can currently be purchased at $0.014, but it is expected to pump by 35x to over $0.45 during the presale round. Since only presale COLT owners will gain access to the VIP club, the demand for Collateral Network has shot off the roof. A membership to the VIP club will give extra benefits to its members.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://presale.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclaimer
Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. CryptoMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
