In recent crypto news, investors are speculating about the future Cosmos (ATOM) price, while Shiba Inu (SHIB) shows signs of increased gains for its holders. However, Collateral Network (COLT), currently in its public presale, has experienced unprecedented growth in demand, forecasted to deliver 3500% gains in the upcoming months.
Collateral Network (COLT)
It took Collateral Network only a few weeks to climb the crypto charts. With a growing and supportive community that shares its vision, Collateral Network (COLT) has been an unstoppable force.
Collateral Network is set to transform the crowdlending industry with its innovative peer-to-peer decentralized lending protocol that allows people to put up real-world assets as collateral and unlock liquidity.
Borrowers send their watches, cars, and other high-value assets to the Collateral Network, where the Collateral Network team uses AI to evaluate the asset and generate a fair price. Collateral Network mints an NFT against the asset and stores it in its highly-secure vault.
Next, Collateral Network further fractionalizes the 100% asset-backed NFT to enable multiple lenders to fund the loan with smaller amounts and receive fixed interest payments. The Collateral Network team calls this fractionalized lending.
Below are the top reason why crypto experts are buying the COLT presale token:
Currently, Collateral Network is in its public presale, with the Collateral Network (COLT) token trading at $0.014. Additionally, as its recent 40% price surge causes an exponential rise in demand, investors are swarming the project’s presale, with experts predicting a 3500% growth potential in upcoming months.