Collateral Network (COLT) is a new project in the Web3 space that can disrupt the traditional lending industry

Polkadot (DOT) and ApeCoin (APE) Slow Down With Growth While Collateral Network (COLT) Spikes With Presale Interest

Atalayar

12 de abril de 2023 (10:53 h.)

Polkadot (DOT) and ApeCoin (APE) have been two of the most-known cryptocurrencies across Web3 communities. However, nobody’s dominance can be consistent forever, and one of the latest challengers in the industry is aiming to climb to the top.

Collateral Network (COLT) is a new project in the Web3 space that can disrupt the traditional lending industry. Through its unique implementation of blockchain technology, and non-fungible token (NFT) functionality, analysts predict that it can climb 3500% in value in the upcoming months and provide solid gains for its holders.

We will be comparing this newcomer to Polkadot (DOT) and Apecoin (APE), with the objective of seeing how far it can climb in regard to its value.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT)

Collateral Network (COLT) is the latest major player within the Web3 space that aims to provide access to a Peer-to-Peer (P2P) platform that can disrupt the lending industry through the implementation of blockchain technology.

Through the usage of the Collateral Network (COLT) platform, anyone will be able to borrow against their physical assets. These assets can include fine art, vintage watches, gold, diamonds, or even real estate, among others.

Each of these assets can be used as collateral for the loans. Collateral Network (COLT) will then mint a non-fungible token (NFT) that is backed by the physical asset in question. This NFT is then fractionalized and offered to potential lenders.

Lenders can then buy a fraction of the NFT with smaller amounts of money, enabling them to earn a fixed rate of interest on their capital.

COLT is the native token behind the platform, and it is used to get users access to discounts on trading fees, enhanced borrowing terms, or for access auctions. The token can also be used for governance and for staking.

As of the presale stage, Collateral Network (COLT) is offered at just $0.014, up over 28% from its initial price of $0.01. Analysts predict that the Collateral Network (COLT) cryptocurrency can climb 3500% in value and increase to $0.035. The smart contract has been audited, and only 38% of the supply is offered at the presale stage. The team tokens feature a two-year lock, and the liquidity pool will be locked for 33 years.

This means that Collateral Network (COLT) represents a unique opportunity for investors and traders to jump into the early stages of a project that can assert itself as an industry leader.

>>BUY COLT TOKENS NOW<<

Polkadot (DOT)

On April 7, 2023, Polkadot (DOT) made an official announcement in which they claimed that they would be a part of the Consensus 2023 event, which will take place between April 26 and April 28.

With 15 teams representing the ecosystem, enthusiasts can head over to the Polkadot booth to meet the teams behind leading blockchains and decentralized applications (dApps).

The Polkadot (DOT) cryptocurrency was trading at $6.20 on April 8, 2023. Its all-time high was on November 4, 2021, at $54.98. In the last seven days, Polkadot (DOT) decreased by 2.3%. However, in the last 30 days, Polkadot (DOT) is still up in value by 10.6%. Polkadot’s (DOT) trading volume decreased by 27.09% in the last 24 hours. It is clear that there is still a bit of hype surrounding the project, but it still needs to break past the $7 price barrier to see returns.

ApeCoin (APE)

The Ledger Twitter page made an announcement on April 7, 2023, that ApeCoin (APE) holders can earn a custom ApeCoin Nano by proving their crypto and NFT security knowledge with the Ledger x ApeCoin Quest.

At the time of writing, on April 8, 2023, the ApeCoin (APE) cryptocurrency traded at $4.21. The ApeCoin (APE) all-time high point of value was reached on April 28, 2022, at $26.70.

In regards to the recent performance of the ApeCoin (APE) cryptocurrency, in the last 24 hours, it decreased by 2%. In the last 30 days, ApeCoin (APE) has seen an overall decrease of 3.7%. Its trading volume also took a hit, where it decreased by 14.30%.

The ApeCoin (APE) is showcasing worrying performance for traders and investors, and this could be a key reason why they are diversifying their holdings with altcoins.