In its presale phase, Collateral Network (COLT) is becoming the hottest cryptocurrency project on the market right now.
In fact, many are now recommending that investors consider trading established tokens like Eos (EOS) and Flow (FLOW) for the up-and-coming Collateral Network (COLT), a decentralized crowdlending platform with forecasted 35x gains. Let’s delve into why this could be a wise decision.
Collateral Network (COLT)
Collateral Network (COLT) is pioneering a new approach to crowdlending by harnessing physical assets and blockchain technology, providing a compelling alternative to traditional banks and financial institutions. This groundbreaking platform empowers borrowers to unlock the value of their tangible assets by tokenizing them into fractionalized non-fungible tokens (NFTs).
The ingenuity of Collateral Network (COLT) lies in its ability to convert real-world assets, such as luxury items or rare collectibles, into NFTs that can be utilized as a way to facilitate crowdlending. This innovative method democratizes access to lending opportunities, enabling lenders to earn a fixed rate of interest..
Central to Collateral Network (COLT) is its distinctive utility token, COLT. This token serves as the lifeblood of the platform, facilitating transactions between borrowers and lenders while granting staking rewards and interest payments to engaged token holders.
With the ongoing presale of Collateral Network (COLT) tokens, investors across the globe are enthusiastically acquiring discounted COLT tokens at a price of $0.01, whilst analysts forecast a 35x price increase. This highlights the platform’s immense potential to reshape the billion-dollar lending industry.
Eos (EOS)
Eos (EOS) emerged in 2018 as the ‘next big’ layer-1 blockchain protocol, intending to become the go-to platform for dApps of the future. In fact, many it was thought that Eos (EOS) would eventually overtake Ethereum (ETH) as the most-used blockchain in the world.
Contrary to expectations, Eos (EOS) failed to achieve the predicted success. After realizing a $14 billion market cap in the first year, Eos (EOS) soon plummeted away, eventually bottoming out at a low of $800 million in 2020.
In fact, Eos (EOS) seems to be on a consistent downside, with Eos (EOS) failing to hit a new high during the 2021 crypto bull run. This shows the waning interest in Eos (EOS), as investors increasingly question whether Eos (EOS) is still a viable project or not.
With Collateral Network (COLT) set to increase in price with each stage of the presale, experts are recommending that investors exchange their Eos (EOS) for the up-and-coming token.
Flow (FLOW)
Flow (FLOW) is a multi-purpose platform backed by industry juggernaut Dapper Labs, allowing users to build and share their own blockchain applications. Flow (FLOW) also launched an app store of sorts, allowing users to purchase and play blockchain-based games from the Flow (FLOW) Marketplace.
After launching in late 2020, Flow (FLOW) quickly saw its market cap surge above $5 billion, making Flow (FLOW) one of the most valuable crypto projects of 2021. However, much of this success has been attributed to Dapper Lab’s clout rather than anything intrinsic to Flow (FLOW).
Flow (FLOW) is now down more than 97% from the all-time high of $46.16, struggling to maintain any level of investor interest. Flow (FLOW) holders can cross their fingers, but analysts suggest that trading Flow (FLOW) for Collateral Network (COLT) tokens could be a savvy move.
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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