Collateral Network (COLT) has been touted as the next market king, as it has the first-mover advantage in the asset-backed lending marketplace for real-world assets on the blockchain.
Market experts believe that Collateral Network can give 100x profits to its investors in 2023 due to its unique and growth-oriented business plan. Thus, its presale tokens are about to be sold out before the due date. On the contrary, Uniswap (UNI) and Aave (AAVE) are struggling to retain users on their networks.
Uniswap Set To Launch V3 On Polygon zkEVM
Uniswap has been on an aggressive run to increase its user base and price by undertaking several development activities. In the latest event, the Uniswap community passed a proposal that allowed the DeFi exchange to launch the project’s Version 3 on Polygon’s zkEVM.
Earlier, Uniswap launched a mobile wallet application to increase its user base and adoption. Uniswap has also secured a spot in Apple’s App Store for its open-source mobile wallet app. However, these developments have failed to influence the price movement of Uniswap positively. The market value of Uniswap has plunged by more than 13% in the past week. Subsequently, at the time of writing, Uniswap (UNI) is changing hands at $5.44.
Aave Passes Proposal For zKSync Era Mainnet
Aave has been expanding its presence on several blockchains since the beginning of 2023. Recently, Aave’s proposal that aims to deploy Version 3 on Polygon’s zkEVM was able to pass the “temperature check” after securing more than 99% of votes. But the price of Aave has failed to register any increase amidst the current negative outlook of the market.
The price of Aave (AAVE) has plummeted by 15% in the past week. Thus, at the time of writing, Aave is available to trade at $69.83. Earlier, in the first quarter of 2023, Aave launched its Version 3 on the Ethereum blockchain. According to experts, if the market rebounds strongly, Aave can see a significant increase in its trade volume after the launch of V3 on zkEVM.
Collateral Network Takes On The Crypto World With Tremendous Growth
Collateral Network is a peer-to-peer crowdlending platform, which allows borrowers to unlock liquidity from their physical assets. Collateral Network grants loans to borrowers against their non-traditional assets (vintage cars, watches, gold, and more) by minting non-fungible tokens, fractionalizing them and allowing multiple lenders to fund a given loan. The assets are valued using Collateral Network’s artificial intelligence engine.
Collateral Network ensures privacy as the platform does not ask for credit history, or income proof for giving loans. Therefore, anyone can become their own mini bank on Collateral Network and earn passive income. Loans on Collateral Network are given at a competitive interest rate and lenders will get a fixed weekly payment from their investments.
COLT token holders can also unlock a range of other benefits on the platform such as discounts on borrowing and trading fees. Plus, staked tokens will be added by Collateral Network to its liquidity pool, which has a lock-in period of 33 years.
Collateral Network is still in presale, and a COLT token can be purchased at $0.014. While the launch price of Collateral Network (COLT) was $0.01, it is expected to rise to $0.35 before the end of its presale phase.
Collateral Network has passed an Interfi Network audit, KYC, and has a doxxed team. This continues to secure crypto whales as it solidifies its place in the market. It’s not a pump & dump project with no real value but a blockchain-powered revolution that will change the lending market.
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!
Find out more about the Collateral Network presale here:
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