While most cryptocurrencies are trying to convince investors, Helium (HNT), Binance (BNB) and Collateral Network (COLT) have taken the center stage. But investors are more convinced with the Collateral Network (COLT) presale growth projection of 3500% than any other cryptocurrency.
Helium (HNT) Nears Complete Migration To Solana Network
Helium (HNT) has been one of the most talked-about cryptos in 2023. Helium (HNT) recently announced that it would fully migrate to Solana (SOL) by March 27th. Helium (HNT) was launched to build hotspots for connecting IoT devices. The Helium (HNT) hotspots help users connect to a larger internet network. Since the number of Internet of Things (IoT) gadgets has increased in recent times, the demand for Helium (HNT) is also expected to increase.
However, the price of Helium (HNT) has declined by 19% in the last week. On the monthly chart, Helium (HNT) has plummeted by 18%. Currently, Helium (HNT) is being traded at $1.35, which is 97.55% below its all-time high of $55.22.
Binance (BNB) US Arm Gets Nod To Buy Voyager
The Binance (BNB) arm, Binance.US, has received the court’s approval to buy bankrupt crypto lender, Voyager. However, US Justice Dept. has appealed the decision that favors the Binance (BNB) expansion in the country.
Recently, a report by CryptoCompare revealed that the Binance (BNB) market share has continuously been increasing since the collapse of the FTX Exchange. At present, Binance (BNB) is ranked 4th by market capitalization. However, the price movement of Binance (BNB) has been downward for the past many weeks.
Consequently, the price of Binance (BNB) has fallen by 11% in the last 30 days. Currently, Binance (BNB) trades at $316.85, which is 54.14% below its all-time high of $690.93.
Collateral Network (COLT) Set To Script Historic Presale Success
Collateral Network (COLT) is a decentralized crowdlending platform where real-world art and other tangible assets can be used as collateral to obtain a loan. This cross-chain network follows a hybrid infrastructure model that bridges the gap created by traditional financial institutions, including pawnbrokers.
Banks do not provide loans against non-traditional assets like artwork, wines, vintage cars and others. Although pawnbrokers provide funds in lieu of such assets, they have an outdated business structure and a bad reputation. Moreover, negotiating the value of your physical assets with pawnbrokers is embarrassing.
Collateral Network (COLT) brings the professionalism of banks and flexibility of pawnbrokers under one roof. Collateral Network (COLT) grants anyone loans by minting fractionalised NFTs against real-world physical assets once they have been authenticated. The network makes these NFTs available to lenders for a small amount at a fixed interest rate and time scale. These NFTs enable lenders to assist in raising funds for loans for borrowers at the required amount, with the intention of the loan being paid back by the borrowers once raised fully. The success of this will result in the asset being returned to the borrower and the NFT being burned, or if unsuccessful, the asset will be sold at auction which will be open to all COLT holders at a lower market price.
The more Collateral Network (COLT) tokens borrowers hold, the lesser their EMIs for loans will be. So, if you join Collateral Network (COLT) in the early phase, you can gain more benefits. The presale value of COLT tokens is $0.01. A 50% bonus offer is also available in the Beta stage. The market value of Collateral Network (COLT) is expected to surge to $0.35 in the upcoming months. Only presale COLT holders will get access to the VIP members club, and a discount on transaction fees.
Find out 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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