Every crypto enthusiast wants the maximum return on their investment. Therefore, they evaluate all cryptocurrencies before making investments. This will help you understand how Collateral Network (COLT) has become the most favored crypto during its presale with predicted 35x gains, while projects like Tezos (XTZ) and Dogecoin (DOGE) have been facing hardships for their survival.
Investors Keep A Distance From Tezos (XTZ)
The market has been harsh for Tezos (XTZ) since the early phase of 2022. The fact that worries the investors most is that Tezos (XTZ) has been continuously going downhill without any signs of recovery.
The recent business initiatives of Tezos (XTZ) have not been able to push the project’s price in an upward direction. Recently, some reports suggested that Formula One team, Red Bull Racing, terminated a sponsorship deal with Tezos (XTZ). All these negative outcomes have hurt Tezos (XTZ) and its holders.
The price of Tezos (XTZ) has fallen by 30% in the last 30 days. Currently, Tezos (XTZ) is being traded at $1.15.
Dogecoin (DOGE) Left In Lurch With Market Uncertainty
It is no secret that Elon Musk’s actions affect Dogecoin (DOGE) significantly. Thus, when the Twitter CEO recently indicated that he might step down from his position, the value of Dogecoin (DOGE) tumbled heavily.
Earlier, Dogecoin (DOGE) investors were overjoyed after Musk hinted at making Dogecoin (DOGE) the official crypto of Twitter. However, the recent indication by Musk has hurt the growth journey of Dogecoin (DOGE). The price of Dogecoin (DOGE) has fallen by a staggering 34% in the last 30 days. Consequently, the current price of Dogecoin (DOGE) has come down to $0.08851.
Dogecoin (DOGE) is a meme coin that carries an image of a Shiba Inu dog as its logo. Dogecoin (DOGE) functions on the proof-of-work consensus mechanism.
Collateral Network (COLT) Becomes Most Sought-after Token
Collateral Network (COLT) is a blockchain platform that aims to facilitate the lending and borrowing of cryptocurrencies. Collateral Network (COLT) is the world’s first blockchain-powered platform dedicated to the lending and borrowing of cryptocurrencies. Its unique business roadmap and market viability are advantageous for both borrowers and lenders.
Collateral Network (COLT) mints fractional NFTs against physical assets owned by borrowers. With Collateral Network (COLT), borrowers across the globe can encash their physical assets with the use of blockchain technology. The platform’s processes are extremely simple, and borrowers can encash their real-world physical assets within 24 hours.
Borrowing on Collateral Network (COLT) does not leave a trail on users’ credit files either. Above all, using Collateral Network (COLT), borrowers can take a loan against their physical assets without selling them. Those who want to become lenders on Collateral Network (COLT) can rest assured of the appreciation of their investment, because the NFTs, which investors will be purchasing to fund the loans, will be backed 1-to-1 by a real-world physical asset. Additionally, lenders on Collateral Network (COLT) will receive a fixed income on a weekly basis.
Collateral Network (COLT) is powered by COLT tokens. The COLT tokens’ initial price for the presale phase has been set at $0.01. But market experts are confident that the value of Collateral Network (COLT) will skyrocket to 35x in the next six months. However, only 50% of the total 1,400,000,000 COLT tokens will be made available during the presale.
Find out more about the Collateral Network presale here: