Despite recent price corrections, the crypto market has enjoyed bullish momentum in recent weeks. While established projects like Aptos (APT) and Avalanche (AVAX) maintain dubious outlooks from investment analysts, one market newcomer is on track to surpass both. Collateral Network (COLT), an innovative new web3 crowdlending platform, has already seen a massive increase in recent weeks and shows no signs of slowing down.
Collateral Network (COLT): The New Web 3.0 Lending Platform
While the traditional lending industry has historically been plagued with long wait times, credit checks and inflexible collateral policies, all this is about to change with the introduction of Collateral Network (COLT).
The Collateral Network (COLT) platform is a Web3-based peer-to-peer crowdlending solution with an industry disrupting feature – it enables users to unlock capital against physical assets like gold, vintage wine, fine art, diamonds, and more.
Borrowers send their asset to a secure vault, where it is assessed and accurately valued using AI. NFTs are minted to represent this asset, and as these NFTs are fractionalized, multiple lenders worldwide can fund the loan with comparatively minimal capital.
This revolutionary system allows borrowers to receive a loan in under 24 hours, while lenders can lend their capital and earn fixed interest, reducing risk for lenders and providing institutional-level liquidity for borrowers.
It took Collateral Network only a few weeks to climb the crypto charts. With a growing and supportive community that shares its vision, Collateral Network (COLT) has been an unstoppable force.
COLT has already exceeded investor expectations, exploding rapidly from $0.01 to $0.014 by 40%. Industry analysts expect this to surge further by up to 3500% ahead of major exchange listings.
If you are looking to benefit from COLT’s predicted rise from $0.014, check out the links below to find out how you can benefit from a 40% purchase bonus.
Avalanche ( AVAX)
Avalanche (AVAX) is a blockchain platform that prioritizes transaction processing speed and availability, enabling developers to create, run and manage financial applications. Also, Avalanche (AVAX) has witnessed a fantastic start in 2023 gaining 98% in a month which impressed its holders and investors.
Avalanche (AVAX) continued its rally in price in March 2023 but later declined. However, analysts believe Avalanche’s liquidity mining incentive collaboration with the GMX program could indicate a better price gain before the end of 2023.
Furthermore, they have predicted that Avalanche (AVAX) could reach $20.69 during the second quarter of 2023. Avalanche (AVAX), at the time of writing, is sold at $18.82, a far cry from it’s all-time high of $146. With a market capitalization of more than 5 million dollars and over 320 million tokens in circulation, Avalanche’s native token, AVAX, certainly shows potential for growth in the coming months.
Aptos (APT) is among the top-notch cryptos that investors can expect some level of returns. Unsurprisingly, investors, traders, and speculators are putting money on Aptos (APT) to enjoy remarkable gains. The network is a layer 1 proof-of-stake blockchain network created by Aptos Labs to achieve theoretical transactions at a fantastic rate never seen before.
Aptos utilizes the Move, a novel-smart contract programming to achieve its goal. The APT token continues to soar in crypto markets. Aptos (APT) has a trading volume of more than 320 million dollars with over 180 million tokens in circulation.
This statistic is no surprise as the asset is backed by incredible pedigree. Former software engineers for Meta, Mo Shaikh, and Avery Ching created Aptos (APT). The network uses top-notch software to power its platform. Several financial giants have also backed and invested in Aptos (APT).
Find out more about the Collateral Network presale here:
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