The last few days have been favorable for crypto enthusiasts, as the overall market has seen an uptick after a long time. While Neo (NEO) and Fantom (FTM) have braved market bears, Collateral Network (COLT) has bamboozled investors with its tremendous growth-bound business roadmap.
Collateral Network (COLT) has begun its presale round, which is pegged to grow by 35x. Meanwhile, both Neo (NEO) and Fantom (FTM) have brought new updates to their platform. Due to this, the market standing of Neo (NEO) and Fantom (FTM) has improved.
Neo (NEO) Sees Growth With New Update
Neo (NEO) has continuously introduced upgrades on the network to keep the trade volume up. Recently, Neo (NEO) optimized its latest version, Neo 3.0, to ensure better network security, and higher transactions per second. This has boosted investors’ confidence in the last few weeks.
The price of Neo (NEO) has increased by 7.39% in the past seven days. However, Neo (NEO) had suffered severe losses in previous weeks. Therefore, on the monthly chart, the price of Neo (NEO) has dropped by 7%. Currently, Neo (NEO) trades at $6.57.
Neo (NEO) is a blockchain platform used for digitizing assets. The primary goal of Neo (NEO) is to establish a self-managed digital economy by combining digital assets, digital identities, and smart contracts. Neo (NEO) has two native cryptos, NEO and GAS.
Fantom (FTM) Moves To The Green Zone
Fantom (FTM) recently declared that it had passed the governance proposal to set up gas monetization for decentralized applications (dApps). The announcement has successfully pushed the price of Fantom (FTM) up.
The value of Fantom [FTM] has jumped 15% in the last week. Subsequently, Fantom (FTM) has been able to cover some losses it suffered in the last few months. Thus, the current trading price of Fantom (FTM) is hovering around $0.23. However, the price of Fantom (FTM) is expected to increase further.
Fantom (FTM) is an open-source blockchain-based smart contract platform. Fantom (FTM) is renowned for facilitating the development of digital assets and dApps (Decentralized Applications).
Don’t Miss Out On Collateral Network (COLT)
Collateral Network (COLT) is the world’s first blockchain platform, which streamlines the exercise of lending and borrowing in a peer-to-peer, decentralized environment.
Collateral Network (COLT) comes with multiple use cases supplemented by a unique business roadmap and huge value proposition. Therefore, experts have opined that the market value of Collateral Network (COLT) will surge by 35x in the next few months.
Collateral Network (COLT) has been developed to allow borrowers to unlock liquidity with their real-world physical assets using blockchain technology. Borrowers on Collateral Network (COLT) get the opportunity to use assets like luxury watches or fine art to get a loan from a community of lenders worldwide. What Collateral Network (COLT) does is straightforward, transparent, and hassle-free, compared to the regulatory hurdles of traditional lending.
This is made possible through fractional NFTs, minted against the borrowers’ real-world assets, allowing lenders to provide loans for borrowers. On the platform, borrowers can secure a loan within 24 hours. Besides, the privacy and credit history of borrowers remain unaffected when they take a loan on Collateral Network (COLT).
Investors lend funds by purchasing these fractional NFTs, which are backed 1-to-1 by the physical assets. Through Collateral Network (COLT), lenders will receive a fixed income every week.
The Collateral Network (COLT) ecosystem will be powered by its native token, COLT. The starting price of COLT tokens during the presale round has been set at $0.01, which is anticipated to increase multifold within a few weeks, due to the benefits conferred to holders like governance rights, access to the VIP members club, discounts on borrowing and trading fees, and staking.
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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