When investors are worried about the unimpressive performance of HEX (HEX) and Bitcoin (BTC) prices, Collateral Network (COLT) continues to gain momentum as it revolutionizes the financial world with forecasted 35x returns. This new project reflects a bright future with its unique platform that allows users to secure loans against physical assets.
HEX (HEX) value slides down with heavy whales transactions; the token fluctuates around $0.08799
HEX (HEX) is considered the first blockchain certificate of deposit (CD). It allows people to buy, hold or stake HEX (HEX) to gain incentives. The platform is built on Ethereum (ETH), and uses the Proof of Wait (PoWa) protocol to enable HEX (HEX) users to earn returns on their investments with longer staking.
Recent reports suggest that the HEX (HEX) coin had the highest number of whale transactions on February 20th. It caused HEX (HEX) value to decrease over the past few weeks. Experts suggest that the increased whale activity in the past month could lead to a price correction for the HEX (HEX) coin.
Currently, the HEX (HEX) token is valued at $0.08799, with a decrease in the last 24 hours. The HEX (HEX) trading volume has also dropped by over 25%. The current scenarios show that HEX (HEX) is not a good choice for potential long-term growth.
Bitcoin (BTC) finds it difficult to reach its peak value with constant network decline
Bitcoin (BTC) has multiple experiences of a sharp value drop due to various incidents. The Bitcoin (BTC) platform lost its shares as news over its regulatory crackdowns in China surfaced. Moreover, Bitcoin (BTC) has been a cause of environmental concerns since the beginning.
Additionally, the increased vulnerability of the Bitcoin (BTC) network has also caused investors to seek better investment options. The Bitcoin (BTC) platform has been the victim of many scams, from backdoor breaches to phishing. Many user accounts in the Bitcoin (BTC) network have lost millions of dollars.
However, community members are hoping for a Bitcoin (BTC) recovery this year. They want the token price to cross at least $25k, which thankfully it has. The Bitcoin (BTC) price stands currently at $27,805.79, which is a decline in the past 24 hours. Additionally, the Bitcoin (BTC) weekly chart suggests the cryptocurrency is struggling to have a foothold over $25,000.
Collateral Network (COLT) opens a way for wealth generation through its amazing features
Collateral Network (COLT) is changing the financial landscape by increasing people’s access to financial opportunities. The platform aims to give people control over their assets and finances with decentralization. Collateral Network (COLT) token users can secure loans against their physical assets, no matter who they are. The Collateral Network (COLT) platform enables people, from all kinds of financial backgrounds, to access loans whenever needed.
Collateral Network (COLT) turns each physical asset into a minted NFT, which will then be fractionalized. Thus, this cross-chain network allows Collateral Network (COLT) users to lend against various real-world assets such as property, luxury watches, cars, fine art, gold and more. Above all, borrowers will not lose their asset ownership even after they list the assets on Collateral Network (COLT). They can redeem their assets after settling their loan payments back to lenders who have provided small amounts of money to reach the total loan amount. If the loan repayment defaults, then the asset is sold at auction and is open to purchase for all COLT holders with exclusive access.
Interested COLT investors can lock their presale token at $0.01. Additionally, Collateral Network (COLT) will offer a 50% bonus on the token’s purchase during the Beta stage. The Collateral Network (COLT) price is predicted to grow by 3500% during the presale phase.
Find out more about the Collateral Network presale here: