Cosmos (ATOM) and Chainlink (LINK) were once considered safe bets for many cryptocurrency investors. However, the crypto market correction caused price drops for much of the market, leaving many frustrated and disappointed.Despite this, Collateral Network (COLT) and its ongoing presale is rising to challenge the established players, being forecasted for 3500% returns.
According to Coinbase, the price of Cosmos (ATOM) has fallen by 14.11% in the past seven days and declined by 1.17% in the last 24 hours. However, the price grew by 0.71% in just the past hour. The current price is $10.87 per Cosmos (ATOM) token, and Cosmos (ATOM) is 75.69% below its all-time high of $44.70.
According to Changelly, the current Cosmos (ATOM) market feeling is bearish, with a Fear & Greed Index score of 63 (Greed). Their Cosmos (ATOM) price prediction suggested previously that Cosmos (ATOM) price was expected to have a -2.63% decrease and drop as low as by April 21, 2023.
Additionally, live updates on The Economic Times show that the Cosmos (ATOM) Hub price is falling on April 25, 2023, leaving holders disappointed. Furthermore, other experts suggest that Cosmos’s (ATOM) price is expected to decrease by 3.29% and drop as low as April 26, 2023. Despite these setbacks, Cosmos (ATOM) is still considered a promising token that provides solutions for expensive transactions and slow transaction speed.
Chainlink (LINK) traded 1.9% lower against the dollar during the one day ending on April 25. Over the last week, Chainlink (LINK) has traded down 18.6% against the dollar. The 24-hour volume of Chainlink (LINK) is $196.73 million as of April 25, 2023.
By April 27, 2023, the price of Chainlink (LINK) is projected to drop by -1.84%, as predicted by our Chainlink (LINK) price projection. According to our research of the technical indicators, the market is currently 81% bearish, with a Fear & Greed score of 53 (neutral).
With this decline in Chainlink’s (LINK) stock, investors’ waning pessimism was rekindled. Following the November FTX meltdown, the cryptocurrency market continued to tank, and holders of Chainlink (LINK) tokens started to leave the network.
The number of addresses that owned Chainlink (LINK) decreased to 619,000 throughout the following month, ending in January, as over 120,000 were erased.
Investors are still hoping for an upcoming alt season, the next significant chance for Chainlink’s (LINK) price to rise again. Chainlink (LINK) holders may grow more gloomy if it fails to accomplish this.
Collateral Network (COLT)
While the lending industry has historically suffered from lengthy wait times, credit checks and regulatory red tape, the immense potential of the sector has brought forward a new wave of web3 innovation that culminates with the launch of Collateral Network (COLT), the world’s first ever decentralised crowdlending platform.
Borrowers can use physical assets, including real estate, jewellery, watches, and fine wine, as collateral to obtain a loan. The platform will authenticate, value, and store the physical asset in one of its vaults for the duration of the loan.
Crowdlending is made possible via NFTs (non-fungible tokens) that represent the physical assets of the borrower. These NFTs are segmented into multiple pieces in a process called fractionalization. This groundbreaking process enables multiple lenders to fund the loan, granting borrowers instant access to liquidity while lenders earn a fixed return on their capital.
The project’s native token COLT, gives lenders and borrowers on Collateral Network (COLT) access to liquidity. Additionally, Collateral Network (COLT) token owners have lower borrowing rates, lower fees, VIP access to groups and auctions, governance privileges, and staking rewards.
Collateral Network (COLT) shows immense promise, and this is reflected in analyst predictions for the project. Some predict it is set to rise by 3500% from $0.01 to $0.35 during presale, having already surged by 40% to $0.014.
If you wish to purchase the $COLT token for only $0.014, follow the links below and take advantage of this unique opportunity to earn an extra 40% purchase bonus on your investment!
Read more about the COLT presale here:
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