Toncoin (TON) and Algorand (ALGO) have had such a wild price rally in recent weeks following what appears to be a crypto-wide market recovery.
These two blockchain projects are designed with highly scalable blockchains, with Algorand’s blockchain boasting a capacity to transact over 1 million transactions per day. However, there is more.
Collateral Network, a revolutionary crypto lending platform, is adding fire to the flame that is crypto adoption by making it easy for crypto natives to cash out. Experts predict that Collateral Network’s COLT token could realize a 35x surge in its price within the next six months.
The Toncoin project offers a range of services, including TON Wallets, TON Services, TON Storage, TON Proxy, and TON DNS. According to reports, the TON network processed a world-record 55,000 transactions per second in September 2021, enabling ultra-fast transactions and mass adoption.
Toncoin has the potential to become a major player in the blockchain space even though its price is under $0.5.
At its launch, ALGO was priced at $2.4. Even though its price has since dropped, ALGO is still a promising crypto and blockchain project, especially since its championed by Silvio Micali, who is Algorand’s founder, a Turing Award recipient, and a computer science professor at MIT.
In the long run, the Algorand Foundation that runs Algorand aims to establish a solid DeFi ecosystem in Algorand.
Collateral Network (COLT)
Collateral Network is the world’s first NFT crowdlending platform, disrupting the pawn and peer-to-peer lending market by offering low-cost, flexible borrowing terms.
The platform mints NFTs backed by the borrower’s assets and fractionalizes them to fund the loan, making it easy for anyone to unlock cash from physical assets on the blockchain.
Loan terms are stored in the metadata of the NFT, offering transparency and privacy. Collateral Network’s native token (COLT) grants various benefits to holders, like discounts on borrowing and trading fees, staking rewards, and governance rights. Industry experts predict a price surge of over 3,500% within the next 6 months from its current presale price of $0.01.
Find out more about the Collateral Network presale here:
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