In recent crypto news, EOS (EOS) and The Sandbox (SAND) are on investors’ watch lists as they show signs of potential price pumps in the near future.
However, experts singled out Collateral Network (COLT), currently in stage 2 of its public presale, as the token with the most promise in the market, predicting a 3500% growth potential for holders.
Collateral Network (COLT)
Collateral Network (COLT) is the world’s first Web3 peer-to-peer decentralized lending protocol for real-world assets on the blockchain, enabling borrowers to use their watches, real estate and collectables and borrow money against them.
For instance, let’s say you have a $20,000 fine wine bottle. You can use this bottle to get the funds you need by putting it up as collateral and sending it to Collateral Network (COLT).
Then, the Collateral Network (COLT) team will authenticate and value your bottle and store it in its vault. Next, Collateral Network (COLT) will mint an NFT of your asset and use it as its representation. Further, the Collateral Network (COLT) will fractionalize the 100% asset-backed NFT so that many lenders can fund the loan with smaller amounts of money for an agreed-upon interest rate. Finally, after you’ve paid your principal loan and interest, Collateral Network (COLT) will redeem your asset and burn the NFTs of it.
Collateral Network (COLT) aims to solve many existing issues, including credit accessibility, transparency and flexibility. Additionally, Collateral Network (COLT) will offer a fast turnaround, granting borrowers funds within 24 hours.
Collateral Network (COLT) is currently in stage 2 of its presale, and its token is trading at $0.014. However, experts believe the price could increase 35x before the presale ends, marking a 3500% growth potential.
EOS (EOS)
In the wake of the EOS (EOS) $60 million partnership with DWF Labs, EOS (EOS) has sparked conversation again with a new release. Recently, EOS (EOS) launched its EVM (Ethereum Virtual Machine), which will fuse the EOS (EOS) performance with the resources of the Ethereum community.
The EOS (EOS) network jumped in value on the launch day. However, the launch-driven uptrend was short, and the EOS (EOS) token price stabilized in the following days.
At the time of writing, the EOS (EOS) token is trading at $1.21, with a 0.54% increase in the last 24 hours and a 0.58% increase in the EOS (EOS) market cap.
However, development activity has been low on the EOS (EOS) network after the launch. Still, experts believe the bullish sentiment still lingers, citing the higher demand for EOS (EOS) in the futures market.
The Sandbox (SAND)
Recently, The Sandbox (SAND) announced the release of the updated The Sandbox (SAND) LAND owner roadmap. Additionally, The Sandbox (SAND) Metaverse project has gained much attention due to its notable partnerships with giants like Ubisoft and Atari.
At the time of writing, The Sandbox (SAND) token is trading at $0.69, with The Sandbox (SAND) price increasing by 2.81% in the last 24 hours. The Sandbox (SAND) trading volume has also increased by 26.80%.
Moreover, The Sandbox (SAND) RSI is in the oversold zone, which experts believe indicates a bullish movement for the token. Additionally, analysts say The Sandbox (SAND) will experience a test at The Sandbox (SAND) $1.00 price level, which can possibly be followed by a jump to $3.50.
Learn more 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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