Thanks to their movements, Bitcoin (BTC) and Ethereum (ETH) have made investors a considerable amount of money. However, due to macroeconomic conditions, Ethereum (ETH) and Bitcoin (BTC) have also taken many negative hits. Thankfully not all coins are as stagnant; analysts have predicted Collateral Network (COLT) has the potential to grow 3500% in the coming quarter.
Collateral Network (COLT)
Depending on your country, there could be issues with obtaining loans from financial institutions for items classified as non-traditional assets like diamonds, fine art and luxury watches. This usually results in owners selling their assets.
However, a DeFi crowdlending platform now offers to solve that problem by allowing borrowers to use their non-traditional assets to generate funds. The DeFi platform is Collateral Network (COLT), which is set to launch.
Collateral Network (COLT) aims to be the world’s first challenger lender that allows users to borrow crypto against real-world tangible assets. The Collateral Network (COLT) platform boasts a permissionless and borderless medium for those who wish to unlock liquidity from their physical assets.
Those who interact with Collateral Network (COLT) can do so as borrowers or lenders. Borrowers can borrow against their physical assets digitally thanks to blockchain and NFT technology, while investors can get fixed passive income and security for helping fund the loans.
The Collateral Network (COLT) platform will use COLT as its governance token, and holders will enjoy several benefits, including discounts, exclusive access to auctions, staking opportunities and governance rights on platform developments. The presale for the Collateral Network (COLT) token has kicked off and the price has already risen from $0,01 to $0.014.
Experts have stated that with its huge potential, Collateral Network (COLT) will disrupt the archaic pawn broking industry and soon rise in value, with many predicting at least a 3500% pump. Will you miss out on this chance to make generational wealth?
Bitcoin (BTC)
Bitcoin (BTC) needs no introduction. Bitcoin (BTC) has fluctuated for quite some time now, reaching as low as $16,716 over three months. This is due to many reasons that have to deal with macroeconomics and what is happening in the world now.
There have been a number of events that caused Bitcoin (BTC) to crash down from its all-time high of $68,789 which it achieved in November 2021. Even now, the price action fluctuates, affecting other tokens thanks to Bitcoin’s (BTC) dominance.
The Bitcoin (BTC) token, at the time of writing, is trading at $27,905, and analysts have mixed feelings about where it will go. Some claim there will be more drawbacks from its recent pump to $28,000, while some think it will keep rising until it crosses $30,000.
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Ethereum (ETH)
Ethereum (ETH), like Bitcoin (BTC), is a coin that needs no introduction. Those who aped in on the Ethereum (ETH) token ICO years ago at $0.311 have an ROI at an annualized rate of more than 270%, i.e., their investments have quadrupled yearly since then.
Like Bitcoin (BTC), Ethereum (ETH) has also taken massive hits from the bear market since the cycle started, falling over 60% lower than its all-time high of $4,891 in November 2021. In 2022, Ethereum (ETH) underwent a merge that enacted many critical changes.
However, investors remain bullish on what the future holds for Ethereum (ETH), and analysts keep encouraging people to buy even at its current price.
Read about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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