The crypto market has witnessed a flurry of new projects in recent months. However, only projects with real-world use cases, massive market acceptability and value proposition have been able to attract investors.
Notably, the presale of Collateral Network (COLT), a new project, has emerged as the favorite of investors and analysts. Collateral Network (COLT) is expected to grow by 3500% in the coming 6 months. Meanwhile, long-standing projects, Theta Network (THETA) and Solana (SOL), have suffered a bearish bias.
Theta Network (THETA) Shocks The Market
As the broad crypto market has been witnessing a drawdown since mid-February, Theta Network (THETA) has become one of the worst sufferers. The market capitalization, as well as the value of Theta Network (THETA), has declined significantly. Notably, Theta Network (THETA) is now pushed out of the top 50 crypto projects by market capitalization. Theta Network (THETA) is currently ranked 52nd on the list.
Theta Network (THETA) is a blockchain platform that aims to create a decentralized and transparent video delivery network. The price of Theta Network (THETA) has declined by 13% in the last 30 days. As a result, the current trading price of Theta Network (THETA) is $1.03, which is 93.52% below its all-time high of $15.90.
Solana (SOL) Enhances Its Network’s Capabilities
Solana (SOL) has undergone several upgrades in the past few weeks. The most notable among them is the one that aims to enhance the Solana (SOL) software update process. Solana (SOL) recently suffered a network outage while upgrading its software. Solana (SOL) offers a quick, scalable and secure network to facilitate the development of decentralized applications (dApps). Solana (SOL) can handle about 65,000 transactions per second.
Currently, Solana (SOL) is ranked 10th by market capitalization. The price of Solana (SOL) has witnessed a fall of 13% in the last week. Consequently, Solana (SOL) is trading at $20.85, which is 91.98% below its all-time high of $260.06.
Collateral Network (COLT) Guarantees 35x Return On Investments
Collateral Network (COLT) is a new bullish token, which can give you 100x returns on your money long-term. It offers much better returns than banks, and other financial institutions. Collateral Network (COLT) has disrupted the crowdlending industry. It has made it possible for borrowers across the globe to get a cash loan using their tangible assets as collateral on the blockchain.
Collateral Network (COLT) allows lenders to become their own mini banks by providing fractional loans to borrowers at a mutually-agreed fixed interest rate. Anyone can borrow on Collateral Network (COLT) within 24 hours, without any third-party intervention. Moreover, borrowers on Collateral Network (COLT) do not need to part with their tangible assets for getting cash.
Collateral Network (COLT) has a hybrid infrastructure model for peer-to-peer lending. Collateral Network (COLT) is the only decentralised aggregator that mints NFTs against physical assets, integrating the real world and the blockchain. These physical assets are stored in the platform’s vaults until the repayment of the loan by the borrowers to the lenders for the funding they have input. Collateral Network (COLT) also supports cross-chain functionalities.
The Collateral Network (COLT) ecosystem will be powered by COLT, the platform’s native token. The price of COLT tokens has started from $0.01, and is expected to witness a 35x surge in the upcoming weeks. To ensure security and stability, Collateral Network (COLT) will lock the team tokens for 2 years, and the liquidity pool for 33 years. COLT holders will get many benefits, including voting rights and staking rewards.
Find out more about the Collateral Network presale here: