As Chiliz (CHZ) poses itself for a comeback, investors are singling out Cardano (ADA) and Collateral Network (COLT) as the most popular tokens on the market. But which one is on top?
Well, that would be COLT, which is currently in stage 2 in its public presale and is predicted to deliver a 3500% growth potential to its holders.
Collateral Network (COLT)
Need a short-term loan for your business fast? Look no further than Collateral Network (COLT), the world’s first Web3 decentralized lending platform for real-world assets on the blockchain.
Unlike other crypto lending platforms that usually lend against digital assets, Collateral Network (COLT) allows you to use physical assets like real estate, watches, and collectables as collateral and borrow against them.
For instance, say you have a $20,000 watch. First, you send your watch to Collateral Network (COLT), where the team authenticates and values it. Then, Collateral Network (COLT) places your asset in its high-security vault and mints an NFT to represent the watch.
Next, Collateral Network (COLT) further fractionalizes the 100% asset-backed NFT into smaller pieces so lenders can fund the loan with smaller amounts of money and get fixed interest payments in return.
Finally, after you’ve repaid the principal loan and interest, Collateral Network (COLT) will redeem your watch from its vault and burn the NFTs it made.
Collateral Network (COLT) provides a borderless and permissionless platform, enabling anyone from anywhere to get the funds they need or create a passive income stream as a lender, with competitive rates and flexible terms for both sides.
Currently, the Collateral Network (COLT) is in stage 2 of its public presale, and its token is trading at $0.014. However, experts believe the price could go up 35x, marking a 3500% growth potential for holders.
Chiliz (CHZ)
The Chiliz (CHZ) token is leaving holders hopeful of an upward trend as the Bank of Spain gives the Chiliz (CHZ) network the license to act as a virtual asset service provider. This leads experts to believe that the functionality of Chiliz (CHZ) will increase, which can result in an upward momentum for the Chiliz (CHZ) token.
On top of this, the Chiliz (CHZ) price has increased by 2.3% in the past week, trading at $0.138 at the time of writing. Furthermore, the Chiliz (CHZ) price increased by 1.13% in the past 24 hours.
Moreover, analysts say that the upward Chiliz (CHZ) momentum could give more power to the Chiliz (CHZ) bulls, which are driving the tokens RSI closer to the overbought zone.
Cardano (ADA)
Recently, the Cardano (ADA) blockchain crossed the $180 million TVL (Total Value Locked) mark, creating a lot of buzz around the Cardano (ADA) token. Experts attribute this Cardano (ADA) milestone to the inclusion of the Word Mobile Team on DefiLlama. Additionally, the Cardano (ADA) network now boasts over 124 projects and over 64 million transactions.
At the time of writing, the Cardano (ADA) token trades at $0.44, marking a 1.70% increase in price over the last 24 hours. Additionally, the Cardano (ADA) market cap has risen by 1.72% in the past day.
Also, all of this, combined with the positive Cardano (ADA) performance in the last month, has led experts to believe the Cardano (ADA) token will continue attracting attention.
Discover 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
