With coins like Solana (SOL) and Cosmos (ATOM) slowly losing the gains they achieved at the start of 2023, many investors are now looking elsewhere for long-term profits. And analysts believe they have found a project with excellent short and long-term upside potential – Collateral Network (COLT), a project in Stage 1 of its presale that brings something new to the table! Keep reading to find out what makes this rookie so unique!
The blockchain crowdlending platform called Collateral Network (COLT) will allow customers to utilize their tangible assets as collateral for loans. Moreover, users of Collateral Network (COLT) can obtain loans without having to part ways with their possessions.
How? If you are in need of funds, simply visit the Collateral Network (COLT) with an item that you can use as collateral (cars, art, real estate). They will take it and create a fractionalized NFT (fNFT) which the community can then buy parts of, funding your loan! In return, they will receive a predetermined interest rate every week – benefits for every party involved!
On the Collateral Network (COLT) platform, you can expect a turnaround from your assets within 24 hours in the form of USDC, BTC, or any other digital currency. Not only that, but transparency will also be present on the Collateral Network (COLT) platform as all contract data is kept in the NFT’s metadata, where it cannot be modified – increasing the trust between the borrower and lender!
At the heart of this platform will lie the COLT token, currently worth only $0.01. By holding the COLT token, you will receive various discounts, join auctions, and governance voting rights. But do not wait, many analysts project the coin price reaching $0.35 by the time the presale ends!
If you wish to be an early investor in this game-changing crowd-lending platform, sign up for the presale using the links below!
Solana (SOL) is a blockchain platform that aims to provide fast transactions and low fees. The Solana (SOL) coin is mainly used to help protect the network and for transaction fees.
Solana (SOL) recently suffered a network outage which caused transactions on the network to freeze. During that time, nearly 9% more Solana (SOL) NFT transactions were made than the prior week. Although the Solana (SOL) NFT ecosystem is growing, the coin price is falling behind.
Solana (SOL) has a value of $20.49, down 1.78% in the past 24 hours. When we look at the technical indicators for Solana (SOL), we can see them showing sell signals as well. Because of this, experts believe the coin may fall below $19 soon.
Cosmos (ATOM) seeks to build a network to facilitate transactions and close the information exchange gap across blockchains. Users may employ the Cosmos (ATOM) token to obtain staking rewards and protect the network.
The Lambda upgrade voting period recently ended as Cosmos (ATOM) prepares to enter a new age. With this voting, it was decided that Replicated Security will be coming to the Cosmos (ATOM) network.
Cosmos (ATOM) is trading for $11.62, a decrease of 3.30% overnight. The Cosmos (ATOM) 24-hour trading volume has also dropped by 2.92% to $83,594,544. Bearish analysts foresee Cosmos (ATOM) continuing this downward movement, with the coin sinking to $10.
Find out more about the Collateral Network presale here:
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