The crypto world has seen many gainers and losers in 2023, and investors have shifted their approach accordingly. Most whales are currently pouring in millions in Collateral Network’s (COLT) presale, as it is projected to grow by 3500% during its presale and 10000% upon listing. This has made COLT a better investment destination than Enjin Coin (ENJ) and Shiba Inu (SHIB), which have been losing their ground.
Enjin Coin (ENJ) Launches New Products
Although Enjin Coin has launched many updates lately, its price movement has been suppressed by bears. Enjin Coin’s market value has tumbled by 20% in the past month. Consequently, Enjin Coin (ENJ) is currently trading at $0.34.
Among the latest developments by Enjin Coin (ENJ), the launch of the NFT.io beta is the most significant one. Enjin Coin’s NFT.io is an NFT-related marketplace with an easy and user-friendly interface.
Besides, Enjin Coin (ENJ) has released a new version of Enjin Wallet, which is available for iOS and Android. Experts believe that these developments can positively affect Enjin Coin in the upcoming weeks.
Shiba Inu (SHIB) May Launch A Cold Wallet In May
The latest tweet by Lucie, a Twitter account focussed on Shiba Inu, has indicated that the meme coin may announce a major development in the coming weeks.
According to the tweet, Shiba Inu’s developers are planning to launch a cold wallet in May. Shiba Inu’s cold wallet will help users save their private keys offline, protecting against hacking and theft. Reportedly, Shiba Inu is likely to partner with Huobi and Certik for the wallet’s launch.
Meanwhile, the price of Shiba Inu (has been tumbling for the past many weeks. Shiba Inu (SHIB) has plunged 18% on the monthly price chart. As a result, Shiba Inu is currently changing hands at $0.000008.
Collateral Network’s (COLT) Presale Growth Rate Pumped
Collateral Network is a Web3 platform set to revolutionize the crowdlending industry and disrupt the global credit market. Collateral Network allows people to unlock liquidity against real-world assets within 24 hours. The platform accepts a wide range of physical assets, like vintage cars, watches, fine arts, and more, as collateral and mints fractionalized non-fungible tokens (NFTs) against them.
Collateral Network allows people worldwide to unlock liquidity without getting their credit scores affected. The assessment of collateralized assets is performed by the internal team of Collateral Network with the help of AI. Collateral Network sells the NFTs fractions in a decentralized marketplace and keeps the collateralized assets in its vaults.
Lenders can provide funds for loans by investing in these fractionalized NFTs at pre-agreed interest rates. Besides, they will get passive income every week. The platform will hold private auctions of distressed assets to recover funds if any borrower defaults. Users can also stake their COLT tokens in the platform’s liquidity pool to earn extra income. Collateral Network (COLT) will have the liquidity pool locked for 33 years and team tokens for two years. Furthermore, the team has been fully doxxed.
The project’s presale phase started at $0.01. It has been forecasted that the value of a COLT token will rise by 3500% during the presale phase to $0.35. Currently, the token has already given 40% returns to early beta investors, as the current price of the token is $0.014. However, with the prediction of a 3500% return, it is unlikely that the token will hold this price for much longer. Therefore, the time to acquire COLT tokens at the best price is now.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://presale.collateralnetwork.io/login
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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