Collateral Network (COLT) is becoming one of the most growth-bound projects in the history of cryptocurrencies. Collateral Network’s presale is getting oversubscribed and is projected to grow by 3500% in the next few weeks. On the contrary, other tokens available in the market, including The Sandbox (SAND) and Dogecoin (DOGE), have failed to make an impact lately.
The Sandbox (SAND) Collaborates With Affyn
Amid the fizzling hype around metaverse-based projects, The Sandbox has taken several measures to increase its market presence. In the latest event, The Sandbox joined hands with Affyn, a Singapore-based firm actively engaged in developing Web3 games and metaverses. Under this collaboration, The Sandbox and Affyn will work on enhancing interoperable metaverse exposure.
Earlier, The Sandbox partnered with Ledger Enterprise to strengthen the security of its NFTs. The Sandbox has been plunging on the price chart for the past many weeks. Subsequently, The Sandbox’s (SAND) value has slid by 20% in the last month. Currently, The Sandbox (SAND) is available to trade at $0.51.
Whales Are Selling Dogecoin (DOGE) Tokens
Dogecoin has been witnessing strong selling pressure for the past many weeks. Recently, a Dogecoin whale moved $21.7 million worth of DOGE tokens from a self-custodial wallet to the Binance exchange. According to market experts, such steps are taken when holders want to sell their tokens, in this case, their Dogecoin (DOGE).
They also believe that if millions of DOGE tokens are sold, a prolonged bearish environment around Dogecoin can get triggered. Dogecoin’s price is already declining due to the entry of several meme coins in the crypto world. The market value of Dogecoin has nosedived by 12% in the last month. As a result, Dogecoin (DOGE) is currently trading at $0.0731.
Collateral Network (COLT) Attracts The Entire Crypto Community
If you have a luxurious asset and want to unlock liquidity against it, Collateral Network is the platform you need to go to. Collateral Network allows you to unlock liquidity against physical assets by using NFT technology. Borrowers can use a wide range of assets, including fine wines, vintage cars, watches, and more, as collateral to get a loan on the platform.
You can simply send your assets to Collateral Network and borrow money at a competitive interest rate. The company will use artificial intelligence to verify and accurately value assets and will generate algorithmic lending rates. Next, the platform mints fractional non-fungible tokens (NFTs) against the collateral and stores the assets in a secured vault.
The NFTs fractions are sold to multiple investors in an open marketplace to fund loans. Here, you can get loans against your physical assets within 24 hours without affecting your credit files. Investors on Collateral Network will get a weekly income per week. COLT token holders will get discounts while borrowing or lending on Collateral Network.
The market demand for presale tokens of Collateral Network has skyrocketed during its first stage. The price of Collateral Network (COLT) is currently $0.014 and is moving ballistically toward a 3500% increase in the coming weeks and a further 100x once it hits major exchanges. Notably, those who buy COLT token holders can now benefit from a 40% bonus. So hurry, and do not miss out on the opportunity of earning millions with COLT tokens.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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