As the NEAR Protocol manages to get ahead of Apecoin, COLT outperforms both tokens and gets all market attention, predicted to deliver 35x returns to holders.
In recent crypto news, NEAR Protocol (NEAR) manages to get ahead of Apecoin (APE) as their head-to-head race continues. However, Collateral Network (COLT), currently in its public presale, is set to surpass both tokens, with experts forecasting 35x returns for holders in the upcoming months.
Collateral Network (COLT)
Collateral Network is the world’s first Web3 peer-to-peer decentralized lending platform that will enable borrowers to put up their real-world assets and unlock liquidity from them on the blockchain. Borrowers can use their watches, cars, fine wine, and other high-value assets as collateral.
After the borrower sends the asset to Collateral Network, the platform uses AI to evaluate it and generate an algorithmic lending rate to ensure a fair price. Then, Collateral Network stores the asset in its highly-secure vault and mints an NFT against it.
Further, Collateral Network fractionalizes the 100% asset-backed NFT into smaller pieces, enabling more lenders to fund the loan with smaller amounts and receive fixed interest payments in return.
Collateral Network aims to solve many current problems the lending industry has, including credit accessibility, liquidity, and transparency. Additionally, borrowers and lenders can benefit from competitive rates and flexible terms via Collateral Network.
Collateral Network (COLT) is currently in its public presale, with its native token trading at $0.014. Additionally, experts believe that the Collateral Network will grow exponentially, predicting a 3500% growth potential in the upcoming months.
Buyers are rushing to buy in presale because:
· COLT is cheap right now.
· It has a clear objective in the future.
· It has a Doxxed Team with solid experience.
· Already in talks with CEX for Tier 1 CEX Listing
Early investors will benefit from the COLT token’s upward mobility. Presently, its presale price stands at $0.014 but with the demand will not remain at this price for long. Don’t miss out!
NEAR Protocol (NEAR)
NEAR Protocol (NEAR), which recently partnered up with Cosmose AI, has seen a 25% increase in price in the last month.
At the time of writing, the NEAR Protocol (NEAR) token is currently trading at $1.92, marking a 0.82% decrease in price in the last 24 hours. Also, NEAR Protocol market cap decreased by 0.77%, in addition to a 40.22% decrease in the NEAR Protocol trading volume.
Still, this recent decrease in NEAR Protocol performance has not deterred experts from predicting a 44% growth for the NEAR Protocol price, meaning that the NEAR Protocol token could reach the $3.79 mark in 2023.
Following the exponential growth of the Apecoin token on the South Korean Upbit exchange two weeks ago, investors are looking for answers regarding the future of Apecoin. However, Apecoin holders are on high alert due to an Apecoin (APE) user losing $60,000 worth of Apecoin tokens, most likely caused by a bad actor.
So, the Apecoin surge was overshadowed by the more recent staking risk, causing the Apecoin price to drop.
At the time of writing, the Apecoin (APE) token is trading at $4.04, marking a 1.20% decrease in the last 24 hours. Additionally, Apecoin trading volume decreased by 43.21% in the past 24 hours, leading experts to predict a bearish sentiment for the Apecoin token in the near future.
Learn more about the Collateral Network presale here: