The Collateral Network (COLT) presale has emerged as the most attractive investment option. As per experts, Collateral Network (COLT) can explode by 3500% during its presale, which has already begun. Stellar (XLM) and Polkadot (DOT) have shown minor growth, which is not enough to convince investors.
Stellar (XLM) Launches Stellar Asset Sandbox
Recently, Stellar (XLM) announced the launch of its Stellar Asset Sandbox. With this upgrade, Stellar (XLM) aims to allow users to issue, mint or burn new assets through its test network without any coding knowledge. Since Stellar (XLM) was already popular for its simple user interface, the crypto community is hopeful that the new upgrade would make individuals more interested in the project.
Stellar (XLM) is a blockchain network facilitating transactions in different currencies. On Stellar (XLM), one can make transactions in any currency as it accepts and treats all currencies equally.
Meanwhile, the price of Stellar (XLM) has risen by over 2% in the last seven days. As a result, Stellar (XLM) is currently being traded at $0.1083, which is 88.47% below its all-time high of $0.94.
Polkadot (DOT) Reaps Benefits Of Upgrades
After suffering a continuous decline, Polkadot (DOT) has recovered some market ground in the last few days. According to experts, an aggressive push by Polkadot (DOT) toward increasing development activity on the platform has benefitted the blockchain network.
Notably, Polkadot (DOT) has been continuously topping GitHub’s weekly list of networks with the most development activity. Polkadot (DOT) has even surpassed its arch-rival networks like Cosmos (ATOM) and Ethereum (ETH). Increased development activities have resulted in a rise in the Polkadot (DOT) price.
The price of Polkadot (DOT) has increased by more than 4% in the last seven days. Consequently, the current trading price of Polkadot (DOT) has gone up to $6.17, which is 88.78% below its all-time high of $55.00. By market capitalization, Polkadot (DOT) is ranked 12th.
Collateral Network (COLT) Presale Boosts Whales’ Activities
Collateral Network (COLT) is the only decentralized platform catering to the lending and borrowing of cryptocurrencies.
Collateral Network (COLT) will mint fractionalised NFTs against your physical assets. These NFTs will be sold to lenders to fund the loans required by borrowers. Real estate, fine art, vintage cars, gold, fine wines, watches, diamonds and other collectables are the assets that can be used on this cross-chain network to get loans. Moreover, obtaining loans on Collateral Network (COLT) will never affect your credit files.
All NFTs minted by Collateral Network (COLT) are backed by physical assets. The backing from real-world assets warrants that the value of Collateral Network (COLT) tokens will not suffer due to any market volatility. Moreover, lenders will also get to yield a fixed weekly income, which is more than the interest rates currently being offered by banks. Once the loan amount is raised, borrowers will be required to pay this back to the lenders, and if this defaults, the asset is removed from the vault and sold at auction at a discounted price for COLT token holders to bid on.
The current value of Collateral Network (COLT) tokens for the presale phase is $0.01. Presale COLT holders will get access to the VIP members club. A 50% bonus offer will also be available in the Beta stage. The market value of Collateral Network (COLT) tokens is expected to increase to $0.35 in the upcoming months. Moreover, COLT tokens are expected to surge by 100x after getting listed on major exchanges.
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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