Since its initial release in 2014, Filecoin (FIL) has steadily grown its community, offering a highly efficient platform with excellent functionality.
Additionally, as 2023 moves forward, experts believe that the token will experience a significant price rise. Meanwhile, analysts are shifting toward a new revolutionary project, forecasted to deliver 3500% returns, with a 100X increase once it hits exchanges.
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What is the future of Filecoin?
Filecoin (FIL) provides a highly efficient platform where Filecoin (FIL) holders can store digital information and easily retrieve it. Recently, Filecoin (FIL) launched its own Filecoin Web Services (FWS), set to rival Amazon Web Services (AWS).
With FWS, Filecoin (FIL) aims to deliver a cloud-based experience powered by the decentralized, transparent, and open-source Filecoin (FIL) network.
Additionally, 2023 has been a good year for Filecoin (FIL). Currently, the Filecoin (FIL) token is trading at $5.48, marking a 2.15% increase in the last 24 hours. Also, the Filecoin (FIL) trading volume is up by 2.83%, with the Filecoin (FIL) market cap also rising by 2.15% in the last 24 hours.
Moreover, analysts expect the Filecoin (FIL) token to trade between $9.17 and $11.03 before 2023 ends.
>>BUY COLT TOKENS NOW<<
What Project Are Analysts More Focused On?
The project that has stolen all the attention from Filecoin is called Collateral Network (COLT). This is an innovative DeFi project that allows borrowers to use real-world assets such as super cars, luxury watches, and other valuables as collateral to borrow crypto with the whole transaction handled on the blockchain.
The platform will enable anybody with a crypto wallet to become a lender. Through the use of fractionalized NFTs multiple lenders will be able to contribute to a single loan with smaller amounts of capital but still receive an agreed rate of interest
This revolutionary DeFi crowdlending platform is set to change the multi-trillion dollar asset-backed lending market as it aims to tackle many of the issues associated with this sector.
Borrowers now have access to institutional level liquidity as the platform is decentralized and lenders can be from all over the globe. They are no longer hampered by borders or issues with liquidity with assets that are traditionally illiquid.
Lenders no longer have to accept poor interest rates from Banks. By lending to borrowers on the platform they choose what they lend against and become their own bank.
Currently in its presale, the COLT token experienced a 40% price surge this week. Investors are flocking to this new revolutionary crowdlending platform and is becoming one of the most innovative and promising projects on the DeFi market, forecasted to deliver 3500% growth to its holders.
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.”
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