The ghost of the 2022 crypto market crash still haunts several long-standing projects like PancakeSwap (CAKE) and Binance (BNB), including a fall in market value, social standing, and market acceptance. Amid all these upheavals, investors have found Collateral Network (COLT), an exciting new project whose tokens are predicted to rise by 3500%.
PancakeSwap (CAKE) Version 3 Is Yet To Reflect Positively
PancakeSwap (CAKE) recently deployed its Version 3 on the Ethereum (ETH) and Binance (BNB) blockchain networks. But PancakeSwap (CAKE) Version 3 has not been able to make any immediate impact on the price of PancakeSwap (CAKE).
The market value of PancakeSwap (CAKE) has declined by more than 5% in the past week. However, PancakeSwap (CAKE) is still up by 2% on the monthly price chart. At present, PancakeSwap (CAKE) is changing hands at $3.51.
As the upgrade will provide the cheapest fees for on-chain trades, PancakeSwap (CAKE) believes that it will attract more users to its network over the coming months. PancakeSwap (CAKE) also aims to outrun its major rivals, UniSwap and SushiSwap, with this upgrade.
Binance (BNB) Launches Wallet Software Development Kit
Aiming to enhance its users’ experience, Binance (BNB) has released a Wallet Software Development Kit (SDK). The Binance (BNB) kit will be available to all blockchain engineers and dApps developers.
With this upgrade, Web3 engineers can integrate third-party protocols with Binance (BNB) DeFi Wallet. The development aims to reenergize positive sentiments around Binance (BNB), which has seen a decline in its social image due to regulatory attacks by the US authorities.
The Binance (BNB) bulls have become active after the latest development, and the price of Binance (BNB) has increased by 2% in the past week. Subsequently, Binance (BNB) is currently trading at $329.62.
Collateral Network (COLT) Presale Price Is Increasing Fast
Aiming to make the lending industry more inclusive, Collateral Network (COLT) has built a platform that brings off-chain assets to Web3. Collateral Network (COLT) helps people unlock liquidity from a multitude of tangible assets like fine art, vintage cars, wine and many more.
After accepting physical assets, Collateral Network (COLT) mints NFTs and fractionalizes them. This enables lenders to provide the funds for loans against the borrowers’ tangible assets that are represented by the NFTs. Borrowers benefit as Collateral Network (COLT) provides loans at a competitive interest rate, and for lenders, it creates a steady and profitable source of income. Moreover, Collateral Network (COLT) is not limited to any specific locations, as people from across the globe can take out a loan on the platform.
COLT tokens, which will power the network, have multiple utilities, and their holders will get many benefits, including access to auctions of distressed assets, discounts on trading and borrowing fees, and staking rewards. Notably, the more a person holds COLT tokens, the better rewards they will bag.
If you purchase a COLT token during the presale, you will be able to claim a special privilege. Only presale COLT holders can access the VIP members club. Hence, it is the best time to lock your Collateral Network (COLT) at $0.014 before it rises to $0.35 by the conclusion of the presale phase.
Collateral Network (COLT) developers have decided to keep the team tokens locked for two years and release only 38% of the total COLT tokens during the presale. Moreover, for 33 years, Collateral Network (COLT) will lock its liquidity pool.
Find out more about the Collateral Network presale here:
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