As market experts are anticipating a bull run in 2023, investors have started accumulating tokens that are poised to explode. Collateral Network (COLT) is considered the best option for investment this year, and whales are expecting Collateral Network to grow by 100x in 2023; hence, they are buying COLT tokens in large sums. Meanwhile, the market performance of Zcash (ZEC) and TRON (TRX) has registered a slight improvement. Let’s see what makes COLT a better investment option than other cryptocurrencies.
Zcash (ZEC) Introduces A Proportional Fee Mechanism
Many cryptocurrencies have introduced new upgrades or products lately, and Zcash is one of them. Recently, a new version of full-node software, zcashd 5.5.0, was released by Zcash. With the new upgrades, Zcash has released new bug fixes and prepared the foundation for future functionality.
Besides, Zcash has introduced a mechanism to offer proportional fees. This mechanism will ensure that fees paid on the Zcash (ZEC) network reflect the corresponding processing costs incurred during the execution of particular transactions.
After releasing upgrades, Zcash (ZEC) witnessed a meager rise on the price chart. Currently, Zcash (ZEC) is changing hands at $36.91.
TRON (TRX) Gains From Stake 2.0 Launch
The launch of Stake 2.0 has benefited the price movement of TRON. The market value of TRON (TRX) has increased by 4% in the past month. Thus, TRON (TRX) is currently available to trade at $0.0694.
The TRON network has also got support from the Huobi exchange, which commenced the spot trading for the sTRX/TRX pair. Moreover, the TRON community is hoping for a further increase in the price of TRX as the network has announced the addition of new features to Stake 2.0.
However, the development activity on TRON has been declining for the past few weeks, indicating that developers are not contributing to the network actively. Hence, long-term investors are not bullish on TRON.
Collateral Network (COLT) Grabs All Growth-related Headlines
Collateral Network (COLT) is a revolutionary platform that allows people to unlock liquidity from their physical assets without selling them. The project is set to disrupt the credit market, which is currently worth $4.5 trillion globally and will reach $6.9 trillion over the next five years. Collateral Network is the world’s first crowdlending platform that brings physical assets on-chain to obtain liquidity.
Collateral Network (COLT) accepts fine wines, art, vintage cars, diamonds, and many more non-traditional assets to unlock liquidity. Without credit checks and affecting borrowers’ credit files, COLT enables them to obtain cash at a competitive interest rate in a discreet way.
Individuals or SMEs can use their tangible assets on Collateral Network to unlock liquidity. Using AI, Collateral Network values the real-world assets and then stores the assets in its secure vaults. Collateral Network mints fractional NFTs against them, allowing multiple lenders to purchase these fractions to fund loans. As a result, lenders become their own banks, as they receive weekly passive income in return.
COLT token holders benefit from lower interest rates, discounts on transactions and trading fees, staking rewards, governance rights, and access to auctions of distressed items. Collateral Network’s (COLT) presale round is currently in its first stage, available at $0.014, already 40% up from $0.01, and investors that buy the token now will benefit from a 40% deposit bonus. Furthermore, the market price of COLT is pegged to soar by 3500% during the presale phase. Don’t miss the opportunity to buy COLT tokens, a project that is set to disrupt the lending industry.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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