SPONSORED POST*
Even though last week’s Dogecoin (DOGE) results were on the come-up, the token has decreased in popularity. In addition, Shiba Inu (SHIB) has also garnered some negative attention. On the other hand, investors have been noticing the value of Collateral Network (COLT), a real-world utility token with a growth potential of 3500%.
Summary
Collateral Network (COLT)
On its way to revolutionizing the lending industry, Collateral Network (COLT) has piqued the interest of many investors due to its excellent real-world utility options. Collateral Network (COLT) is a decentralized lending platform where you can leverage real-world assets to get a loan.
The Collateral Network (COLT) 100% discreet lending process allows COLT holders to finance loans backed by assets like watches, fine wines, vintage cars etc. Collateral Network (COLT) will turn your real-world asset into an NFT, which will later be fractionalized. Collateral Network (COLT) lenders can then buy the NFT fractions and gather the money for the loan. The Collateral Network (COLT) lenders who fund a fraction of the loan will receive a fixed interest payment every week. And if the borrower of the loan defaults on their repayment, Collateral Network (COLT) token holders can buy the distressed asset at a discounted price through their public auctions.
Even though Collateral Network (COLT) is at stage 2 of its public presale, investors believe it has a 3500% growth potential.
Dogecoin (DOGE)
Dogecoin (DOGE) holders have questioned the Dogecoin (DOGE) worth as other tokens have swept the market. And even Elon Musk has been playing around with Dogecoin (DOGE) users’ sanity by causing its prices to surge and plunge in a few days.
Currently, Dogecoin (DOGE) is sitting at $0.082 for one Dogecoin (DOGE) token, an increase of 1.08% at the time of writing. The trading volume of Dogecoin (DOGE) is also on the rise, increasing by 0.10%. And with the increase in trading volume of the Dogecoin (DOGE) token, the market cap of Dogecoin (DOGE) has also risen by 1.36% in the last 24 hours, at the time of writing. However, that is still not enough for users to gain confidence in the Dogecoin (DOGE) real-world utility, leaving the future a little more uncertain for the token.
Shiba Inu (SHIB)
Shiba Inu (SHIB) has been in the red for quite some time now. And the trend of decreasing prices hasn’t stopped for Shiba Inu (SHIB) even today. As the downward trend continues, these negative results have turned many Shiba Inu (SHIB) investors and holders away from Shiba Inu (SHIB).
Currently, Shiba Inu (SHIB) is trading at $0.00001089, a 0.22% increase in Shiba Inu (SHIB) price at the time of writing. Other Shiba Inu (SHIB) metrics are also on the come-up but have yet to cover the losses that Shiba Inu (SHIB) holders endured. The Shiba Inu (SHIB) market cap has increased by 0.23% at the time of writing, while the trading volume of Shiba Inu (SHIB) tokens has risen by 5.04% since yesterday.
Read 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
*This article was paid for Cryptonomist did not write the article or test the platform.
