Dogecoin (DOGE) has been treading in risky waters ever since a new meme coin hit the market. And if that wasn’t enough, DOGE investors failed to boost prices again on their annual “DOGE Day.”
However, the market is looking pretty good for Collateral Network (COLT) and its unrivaled real-world utility. And while the coin is still in public presale, it’s getting praise left and right, along with 3500% growth predictions.
No Coin Can Compete with Collateral Network’s Real-World Utility
Collateral Network is set to revolutionize the trillion-dollar lending industry in one fell swoop, as the first-ever DeFi project that allows borrowers to take out loans within 24 hours by leveraging real-world assets like vintage cars, fine wines, jewelry, luxury watches, etc.
Borrowers can get loans via Collateral Network by sending over their real-world assets to Collateral Network’s fully-doxed team of experts for valuation. After the asset is valued by top-notch AI software, Collateral Network will store it in its secure vaults and generate logarithmic, fair lending rates.
On the other hand, lenders can fund those loans by buying fractions of the 100% asset-backed NFTs that Collateral Network will mint from the assets. In return, lenders will get fixed-interest weekly payments with competitive rates. So, Collateral Network will provide a way for lenders to create a diversified portfolio of loans and gain passive income in the form of fixed-interest payments.
The coin is currently in its public presale and has already seen a 40% growth in prices. Also, experts and analysts believe that Collateral Network will jump even more before it hits exchanges. More specifically, Collateral Network (COLT) is expected to deliver 3500% returns before it hits exchanges, and 100x gains after it does, which is mind-blowing.
Dogecoin Faces Serious Competition
Even though Dogecoin is Elon Musk’s favorite meme coin at the moment, even he couldn’t save it from failing to boost its price to $1 on “DOGE Day.” DOGE Day happens every year on April 20th, and it is an event where Dogecoin investors try to bring the coin up to $1 or higher.
However, like every year, Dogecoin investors failed again this year, as Dogecoin (DOGE) is currently trading at $0.0715 and didn’t hit the $1 mark even for one second.
Also, the launch of a new meme coin has shaken up the meme coin communities, with some Dogecoin investors fearing that the newcomer will take Dogecoin’s place as one of the most popular meme coins on the market.
Nevertheless, most Dogecoin investors aren’t worried and even predict positive results for Dogecoin in the future as long as Elon Musk keeps tweeting about Dogecoin and making everyone feel a high sense of FOMO for not buying.
So, if you want to stop feeling FOMO and being the only one without some DOGE in your wallet, you can buy DOGE on eToro.
However, most experts and analysts are turning to COLT and buying the COLT presale as much as they can before it hits exchanges and surges 100x. So, at the moment, COLT is the better option for investing compared to DOGE.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://presale.collateralnetwork.io/login
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.