Injective (INJ) has faced an interesting rising pattern since March 2023, which provoked many to consider whether it will reach $10 this year. However, a new DeFi project caught the attention of investors, expected to surge by 100x upon its launch.
In this article, we’ll discuss how COLT, the new promising crypto, can make crucial changes in the crypto market and how investors can benefit from it!
What is Injective (INJ)?
Injective is a decentralized exchange (DEX) that allows cross-chain margin trading, as well as derivatives and forex futures trading. It entered the crypto market in November 2021, and in August 2022, it already had an increase of $40 million.
Injective gained a price increase of over 63% in April, surpassing even popular coins like Bitcoin and Ethereum. Currently, Injective is set at $7.34, so there is an objective potential for it to reach $10.
Injective combines the efficiency of traditional finance with the transparency of decentralized exchanges. In addition, Injective works on eliminating trade front running. It implemented a Trade Execution Coordinator (TEC) that will ensure new orders can’t be placed before older ones.
Despite Injective benefits and recent boost, crypto experts still doubt whether Injective will show consistency, as it is not that long on the market. People also doubt whether it will remain at elevated levels or not. In the last 24 hours, Injective faced a 3.5% decrease, causing investors to be bearish, and consider other decentralized investment options.
What is the New Crypto Gem?
Collateral Network (COLT) is a decentralized peer-to-peer lending platform that enables you to borrow cryptocurrencies against physical assets, such as gold, real estate, cars, and fine art. Collateral Network is the first project that mints NFTs against tangible assets, fractionalizes them, and allows multiple lenders to fund these loans.
All of the NFTs’ information on Collateral Network is transparent and is stored on a public blockchain that can’t be changed. You can also find the borrowing terms in the blockchain. With Collateral Network, anyone can borrow as long as they place a real-life asset as collateral, such as a car or real estate.
Collateral Network also enables investors to become their own banks by providing fractional loans for an agreed fixed rate or interest. In addition, Collateral Network offers a discount on borrowing fees and interest rates and additional benefits for token holders.
How Can Collateral Network (COLT) Surpass Other Cryptocurrencies?
Collateral Network will bring many new things to the market. Both lenders and borrowers can enjoy Collateral Network benefits.
- Collateral Network offers a fixed passive income that they’ll receive weekly.
- The NFTs are backed up by 1-to-1 physical assets secured in a vault. They can recover the investor’s fund by selling the assets on an auction in the event of the borrower’s default.
- Fast turnarounds, meaning they can receive the cash within 24 hours.
- Collateral Network doesn’t leave a footprint on the borrower’s credit file.
- It enables competitive rates and flexible terms, no matter the borrower’s location.
Collateral Network is predicted to surge by 35x in the next few months during presale and 100x as soon as it enters the market. Due to its transparency, doxxed team, and all the fantastic opportunities it provides, Collateral Network might grant the best returns in the future, especially for early adopters!
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:
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