In recent crypto news, Toncoin (TON) and Monero (XMR) race each other for the top spot, leaving investors wondering which one will emerge as the winner. However, Collateral Network (COLT), currently in its public presale, gathers all market attention, with analysts forecasting a massive 3500% growth potential for holders before the presale ends!
Collateral Network (COLT)
Collateral Network (COLT) is the world’s first Web3 decentralized lending platform that is set to revolutionize the lending industry. Collateral Network (COLT) enables borrowers to use their real-world assets as collateral and borrow funds against them on the blockchain, providing a more secure lending process for both lenders and borrowers.
For instance, let’s say you have a $30,000 watch. You send the watch to Collateral Network (COLT), whose team uses AI to value it and stores it in its highly-secured vault. Then, Collateral Network (COLT) mints an NFT of the watch to represent the physical version.
Further, Collateral Network (COLT) fractionalizes the 100% asset-backed NFT into smaller pieces, enabling multiple people to lend smaller amounts of money and receive fixed-interest payments in return, creating a passive income stream for themselves.
Finally, once you’ve paid the loan back, Collateral Network (COLT) redeems your watch from its vault and burns the NFTs.
Essentially, Collateral Network (COLT) aims to solve many existing issues in the lending industry by offering a permissionless and boardless platform with competitive rates and flexible terms.
Also, Collateral Network (COLT) will hold online private auctions where investors can buy distressed assets below market value.
Currently, the project is in its public presale, and the COLT token is trading at $0.014. Additionally, experts forecast a 3500% growth in the upcoming months.
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!
Toncoin (TON)- What is Toncoin?
The Toncoin (TON) layer 1 blockchain experienced rapid growth in 2020, leading Toncoin (TON) to become one of the top 25 cryptocurrencies by market cap. In more recent news, Toncoin (TON) has been attracting attention with its overall positive performance in the past month.
At the time of writing, Toncoin (TON) is trading at $2.28, with a 0.10% decrease in the last 24 hours. However, the Toncoin (TON) trading volume has gone up by 6.62% in the past day, steadily increasing for the past ten days.
The steady increase in the Toncoin (TON) trading volume has led experts to believe that Toncoin (TON) has attracted active interest from investors. However, due to the Toncoin (TON) RSI decreasing from 56.08 to 52.04 in the last 24 hours, analysts say that the Toncoin (TON) token is neutral at the moment of writing.
Monero (XMR) – How does Monero work?
The Monero (XMR) coin has declined in value in the past week, with sellers controlling the Monero (XMR) token. However, over the past few days, the Monero (XMR) bulls have overpowered the Monero (XMR) sellers, turning the tide for the Monero (XMR) coin.
At the time of writing, the Monero (XMR) token is trading at $161.84, with a 3.73% increase in price in the last 24 hours. Additionally, the Monero (XMR) market cap has increased by 3.65%.
Experts believe that Monero’s (XMR) movements in the past few days indicate a bullish trend for the market. However, the Monero (XMR) coin is still below its moving average value, which analysts believe suggests a bearish indicator for Monero (XMR).
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!
Learn 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
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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