09 May,2023 12:01 PM IST | Mumbai | BrandMedia
According to a report by The Crypto Basic, daily Bitcoin trading volume has increased since March 4. This has convinced many market analysts to believe that Bitcoin (BTC) could pass $35,000 in April. If this happens, then the crypto market may kiss the bears goodbye because a major increase in Bitcoin will stir other cryptocurrencies in a positive direction.
But as of press time, Bitcoin seems to be repressing. Bitcoin (BTC) has dropped by 11% since trading at over $30k last week. The price of Bitcoin, at the time of writing, is $27,506.52.
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>>BUY COLT TOKENS NOW<<
VeChain is a Layer-1 smart contract platform aimed at decentralizing the luxury goods industry. With an efficient team and many big names as partners, VeChain continues to gain popularity in the space. VeChain enables businesses to build dApps and conduct secure and transparent transactions.
Based on an analysis report by Changelly, VeChain has been in an upward trend, increasing by 6.33% in the past seven days. Also, the price of VeChain has increased by 22.04% over the last month, adding a colossal average amount of $0.0049 to its current value - $0.0224. This presents VeChain as a solid asset if it continues to grow.
Like VeChain, Collateral Network (COLT) is also designed to help businesses and individuals by easily unlocking liquidity from their physical assets. In other words, existing businesses or start-ups can pledge their assets as collateral to obtain loans. Physical assets currently accepted by the platform include fine wines, art, collectibles, vintage cars, real estate, and watches, among others.
When borrowers send their physical assets to the platform, the team at Collateral Network authenticates, values, and stores the assets in its vault for the loan duration. Then, it mints NFTs to represent the value of the assets.
These NFTs are then fractionalized, allowing multiple lenders to contribute to the loan when they purchase the NFTs. Therefore, individuals or businesses needing loans receive them instantly, while lenders earn significant returns from fixed interest rates.
InterFi Network and SolidProof have both audited Collateral Network, and a 33-year liquidity lock after presale will be performed after the presale ends, cementing Collateral Network as one of the best investment options on the market!
Due to its unique model, experts have identified the Collateral Network (COLT) as the next big thing in crypto, with a 3500% growth prediction. Interested investors can join the ongoing presale to buy the Collateral Network (COLT) token at a discounted price.
If you wish to purchase the $COLT token for only $0.014, follow the links below and take advantage of this unique opportunity to earn an extra 40% purchase bonus on your investment!
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
"Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions."
