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Chainlink (LINK) Could Surge As Demand For Interoperability Increases, Collateral Network (COLT) Predicted To Rise By 35x With A Unique Use Case
As investors are looking for new opportunities in the crypto market, they are diverting more and more attention to Chainlink (LINK) and its increasing potential sparked by the higher demand for interoperability.
However, the Collateral Network (COLT), currently in Stage 1 of its public presale, also shows promising signs for holders and a 3500% growth potential.
The Collateral Network (COLT) is set to become the world’s first fully functioning Web3 peer-to-peer lending platform. As such, the Collateral Network (COLT) will revolutionize the lending industry and enable people to use real-world assets to borrow money on the blockchain.
The Collateral Network (COLT) decentralized platform solves issues like credit accessibility, liquidity, transparency, and flexibility with its lending protocol. Borrowers can use their real-world assets, including watches, fine wines, vintage cars, and real estate, put them up as collateral, and borrow money against them.
In turn, the Collateral Network (COLT) will take their assets and turn them into NFTs. Further, COLT will fractionalize the 100% asset-backed NFTs into smaller pieces so that more lenders can lend smaller funds and receive fixed-interest payments in return. The Collateral Network (COLT) calls this fractional lending.
In essence, the Collateral Network (COLT) can help out anyone that needs funding but has been rejected by financial institutions. It also delivers fast turnaround, providing cash in merely 24 hours.
Additionally, borrowing money via the Collateral Network (COLT) does not leave footprints on a borrower’s credit file, and it offers flexible borrowing terms and competitive rates.
The Collateral Network (COLT) is currently in Stage 1 of its public presale, with COLT tokens trading at $0.01. However, experts believe it has a 3500% growth potential, implying as much as 35x gains for its holders!
Despite the volatility of Chainlink (LINK) and its continuous oscillation between $6.85 and $7.6 in the past few days, new potential for Chainlink (LINK) has been unlocked because of the demand for interoperability.
With its ability to connect smart contracts to off-chain data sources, the Chainlink (LINK) token could surge in demand and potentially break through resistance levels at $7.65 and $7.80.
However, the Chainlink (LINK) token is currently trading at $7.28, with a price decrease of 3.19% at the time of writing. Still, the Chainlink (LINK) token price has stayed in the upper range for several days, sending bullish signals to the market.
But as it gets closer and closer to the $8 resistance level, Chainlink (LINK) has attracted the attention of investors who are waiting to see where the price of Chainlink (LINK) tokens goes so that they can plan their next move.
See more about the Collateral Network presale here
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk