As the tides settle down a little, Conflux (CFX), Collateral Network (COLT) and Ethereum (ETH) are all in the green and sitting comfortably.
But which one stands out from the three? According to experts, Collateral Network (COLT) is the crypto project people should look into, as they predict 3500% growth, even while the token is only at stage 2 of its public presale.
Collateral Network (COLT)
As the first decentralized lending platform for real-world assets on the Ethereum (ETH) blockchain, Collateral Network (COLT) is set to revolutionize the crypto world and the lending industry. Collateral Network (COLT) uses 100% physical-asset-backed NFTs to facilitate peer-to-peer loans and provide lenders with fixed-interest payments weekly.
Borrowers send their physical assets to Collateral Network (COLT), like watches, fine wines, etc. The asset is kept in the Collateral Network (COLT) vault and minted into an NFT to represent the real-world asset which is subsequently fractionalized.
That way, Collateral Network (COLT) provides lenders with a way to partially fund a backed and secured loan for a small amount of money. Once the borrower repays the loan back to the lenders, they get their asset back from Collateral Network (COLT), and the NFT that was minted from the asset is burned.
The Collateral Network (COLT) lending process is 100% discreet, meaning that no one will know that you’ve taken out or financed a loan. Thus, no one’s credit file will be affected by using Collateral Network (COLT). As well as this, the native COLT token grants holders various benefits ranging from staking, governance rights, discounts and more.
Collateral Network (COLT) is currently in its second stage of public presale, and even now, it’s showing potential, with investors predicting a 3500% growth.
After the recent increase in Conflux (CFX) prices, Conflux (CFX) is seeing a slight downturn. And now, Conflux (CFX) investors are struggling to find the cause of the downturn, leaving them uncertain about what’s next for Conflux (CFX).
After a 0.14% decrease in the Conflux (CFX) price at the time of writing, Conflux (CFX) is trading at $0.3873 per token. The Conflux (CFX) market cap has decreased by 0.06%, and the Conflux (CFX) trading volume is down 11.95% in the last 24 hours.
Ethereum (ETH) is still going pretty strong and staying in the green these days, and Ethereum (ETH) investors are satisfied. After the Ethereum (ETH) Shanghai update launched, Ethereum (ETH) saw a huge spike in activity from both fans and other crypto investors.
More specifically, the Ethereum (ETH) trading volume has increased by 62.34% in the last 24 hours, at the time of writing. The Ethereum (ETH) price has also increased by 6.14% in the previous 24 hours, while the Ethereum (ETH) market cap is up 6.61%. So, at the moment, Ethereum (ETH) is trading at $1,994.64 for one ETH token.
Learn out more about the Collateral Network presale here:
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