And yet, the one that is attracting all the investors is the Collateral Network (COLT), currently in its public presale, predicted to deliver 3500% gains to holders.
The Collateral Network (COLT) top spot in crypto presales
The Collateral Network (COLT) is well-positioned to get the top spot in the DeFi industry, taking a big chunk of the trillion-dollar lending market for itself. Why? Well, Collateral Network is the world’s first Web3 decentralized crowdlending platform for real-world assets on the blockchain.
This means that through the Collateral Network (COLT), users can put up their super cars, watches, art, and other high-value assets as collateral and borrow against them.
For instance, imagine you need a short-term loan for your company, and you have a $25,000 Rolex watch. You send the Rolex to the Collateral Network, where the team uses AI to value it and stores it in a highly-secure vault.
Then, the COLT team mints an NFT against your asset and further fractionalizes it, enabling many lenders to fund the loan with smaller amounts and get a fixed rate of interest in return. And once you’ve repaid the loan, COLT will return it to you and burn the NFT.
With its vast ecosystem, real-world utility, and long-term road map, Collateral Network aims to provide a secure marketplace that will benefit both borrowers and lenders.
Currently, in its public presale, the COLT token is trading at $0.014, marking a 40% price surge from its initial price of $0.01. Additionally, analysts predict 3500% gains for COLT holders before the presale ends!
What is Tron (TRX)?
After failing to surpass the $0.067 resistance level a couple of times, Tron (TRX) bulls finally managed to get the Tron (TRX) price to break through, marking a 5% price rally.
Currently, the Tron (TRX) price is trading at $0.68, marking a 2.23% decrease in the Tron (TRX) price in the last 24 hours. And, while the Tron (TRX) trading volume increased by 13.67% over the previous 24 hours, the Tron (TRX) market cap decreased by 2.26%.
So, although Tron (TRX) is trading above the $0.67 resistance level, analysts say that the recent TRX performance, paired with Tron (TRX) crossing into the overbought territory, shows signs of selling pressure.
Is Stacks (STX) Crypto A Good Investment?
Stacks (STX) marked a 16% jump in the Stacks (STX) price in the past week, despite the overall market decline. Analysts believe this jump in STX price is because of the extremely high demand for block space on Bitcoin, caused by BRC-20 tokens using text-based inscriptions and ordinals.
The Stacks (STX) token is currently trading at $0.78, with a 10.60% price increase in the last 24 hours. Additionally, the Stacks (STX) trading volume skyrocketed by 641.43% in the past 24 hours, and the Stacks (STX) market cap also increased by 10.40%.
The recent Stacks (STX) performance combined with the Stacks (STX) TVL surging to $36 million has led experts to predict a price consolidation for the STX token, with major support at $0.55 and a major resistance level at $1.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.