The decentralized financing (DeFi) arena has become the most flourishing sector in the crypto world. Collateral Network (COLT), Lido DAO (LDO) and Uniswap (UNI) are the leading DeFi projects in the market.
However, Collateral Network (COLT) has more growth potential than other projects, an estimated 35x returns for the token.
Lido DAO (LDO) Votes To Support Ethereum Shanghai Upgrade
Recently, Lido DAO (LDO) proposed the V2 upgrade for its network, which will make an impact on its on-chain and off-chain systems.
Also, the voting process of the Lido DAO (LDO) community has clarified that the network will support the Ethereum (ETH) Shanghai Upgrade. This development has prompted many investors to come to the Lido DAO (LDO) network before the Ethereum (ETH) Shanghai Upgrade.
Subsequently, the growth of Lido DAO (LDO), by Total Value Locked (TVL) in the DeFi arena, has surpassed other cryptocurrencies. This has also positively impacted the price of Lido DAO (LDO). Lido DAO (LDO) has grown on the weekly price chart. Notably, the price of Lido DAO (LDO) has increased by more than 24% in the last 30 days. The current trading price of Lido DAO (LDO) is $2.92, which is 84% below its all-time high of $18.62.
Uniswap (UNI) Takes Steps To Increase Its Market Share
Uniswap (UNI) acts as an automated market maker (AMM) for traders. Uniswap (UNI) was built to solve the liquidity availability issue with staking and yielding rewards. Uniswap (UNI) has continuously tried to increase its ecosystem with new updates on the platform.
Recently, Uniswap (UNI) launched a new feature that supports the trading of NFTs on its network. Uniswap (UNI) has also planned to launch a mobile crypto wallet for iPhone users. With all these developments, Uniswap (UNI) aims to increase its market capitalization and price.
Currently, Uniswap (UNI) is being traded at $6.35, which is 85.8% below its all-time high of $44.97. As per market capitalization, Uniswap (UNI) is ranked 18th in the crypto world.
Collateral Network (COLT) Launches Presale With Massive Growth Prospect
Collateral Network (COLT) is a blockchain based peer-to-peer crowdlending platform that streamlines the exercise of borrowing and lending globally. Collateral Network (COLT) has multiple use cases and a huge value proposition.
Collateral Network (COLT) assists borrowers in unlocking liquidity from their real-world physical assets using blockchain technology. Borrowers on Collateral Network (COLT) can take a loan against real-world assets owned by them.
Collateral Network (COLT) mints NFTs against real-world assets like a luxury car, watch, fine art, etc. Investors lend funds to the borrower by purchasing these fractionalized NFTs, which are backed 1-to-1 by real-world physical assets.
On the network, borrowers can secure a loan within 24 hours. Most importantly, the credit history and privacy of borrowers remain unaffected when they take a loan on Collateral Network (COLT).
Collateral Network (COLT) also enables lenders to earn fixed interest rates for loans. The Collateral Network (COLT) ecosystem will be fueled by its native token, COLT. COLT token holders will be entitled to governance rights, access to the VIP members club, discounts on borrowing and trading fees and staking.
However, experts are confident that the market price of Collateral Network (COLT) will surge by 35x in the next six months. COLT tokens have been launched during the presale round at the price of $0.01 per token. Moreover, COLT tokens are rapidly selling out during the presale round, so investors should act fast.
Find out more about the Collateral Network presale here: