Connect with us

Sponsored Post

Chainlink (LINK) and Fantom (FTM) Take A Plunge As Investors Pull Their Support To Choose Collateral Network (COLT) Presale




Chainlink (LINK) and Fantom (FTM) Take A Plunge As Investors Pull Their Support To Choose Collateral Network (COLT) Presale

It has been a year since the crypto market has largely been in the negative zone. Long-standing cryptos like Chainlink (LINK) and Fantom (FTM) have not been able to shine as yet. However, a new project, Collateral Network (COLT), has amazed all market pundits with its unique business roadmap. Collateral Network (COLT) is forecasted to grow by 3500% in the upcoming weeks.


Chainlink (LINK) Investors Are Suffering Loss

Chainlink (LINK) is a blockchain-based platform that facilitates the inter-communication, and transfer of data between on-chain and off-chain networks. Chainlink (LINK) gives priority to compatibility, making it a sought-after platform in the DeFi space.

While Chainlink (LINK) has been on a good run since the start of 2023, a recent report has suggested otherwise. According to a report by IntoTheBlock, about 70% of Chainlink (LINK) token holders are suffering a loss. The report also stated that Chainlink (LINK) was still oversold.

The price of Chainlink (LINK) has fallen by 13.26% in the last 30 days. On the weekly chart, Chainlink (LINK) has tumbled by 12.77%. Consequently, Chainlink (LINK) is currently trading at $7.62, which is 85.59% below its all-time high of $52.88.


Fantom (FTM) Ticks Negative Box

Fantom (FTM) is a decentralized platform that aims to provide crypto enthusiasts with cheaper, faster and more secure transactions. Fantom (FTM) has been launched as a high-performance platform that can handle huge volumes of transactions in limited time.

Due to its low transaction fees and scalability, Fantom (FTM) has become a famous project in the DeFi sector. Recently, Fantom (FTM) introduced version 2 of its fUSD stablecoin.

Meanwhile, the price of Fantom (FTM) has dipped by 24% in the past seven days. On the monthly price chart, Fantom (FTM) has plummeted by 29%. As a result, Fantom (FTM) is currently available to trade at $0.4735, which is 86.39% below its all-time high of $3.48.

Collateral Network (COLT) Grabs All Eyeballs With Massive Growth Projections

Collateral Network (COLT) is a blockchain aggregator designed to help people borrow cryptocurrency, and provide borrowers and lenders with risk-mitigating and profitable loans and income based on physical assets. With Collateral Network (COLT), you can borrow against your real-world assets without leaving a trail on the credit record.

Collateral Network (COLT) has established a transparent marketplace where borrowers and lenders can communicate openly to discuss the terms for loans. Meanwhile, the valuation of physical assets is done by the Collateral Network (COLT) team with the help of artificial intelligence.

Collateral Network (COLT) has institutional-level liquidity that offers loans at competitive rates, and does not require you to submit the credit history or any other document. The borrower send their assets to Collateral Network (COLT) to get it authenticated and upon approval, a NFT is minted that represents the physical asset and is then fractionalised, allowing lenders to buy into the NFTs for a small sum of money with a pre-set interest rate and time frame. This then allows the lenders to assist in raising the funds for the loan required by the borrower through the NFTs of the borrower’s asset, and upon raising the full loan amount, the borrower will then repay the loan back to the lenders, the NFT is burned and the asset returned. However, if the borrower fails to do this, the asset will be sold at auction in order for the lenders’ funds to be recouped.

Collateral Network (COLT) also has multi-chain capabilities that improves its transaction speed, and brings the gas fees down. Currently, COLT, the native token of Collateral Network (COLT), is available at $0.01, during the Beta stage of the presale. If you buy COLT tokens now, a 50% bonus will be offered on the purchase. Besides, you will stand to earn a 3500% return as Collateral Network (COLT) is expected to reach $0.35 during the presale.

Find out more about the Collateral Network presale here:






Continue Reading



Pin It on Pinterest

Share This