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While Arbitrum (ARB) and Ripple (XRP) gain attention in this temporary bull market, holders of these tokens are flocking to the Collateral Network (COLT) an up and coming presale project with a bullish 35x presale prediction that could transform into a top-tier platform countless individuals use!
Arbitrum (ARB)
Arbitrum is rallying with growing hype since the airdrop that displayed the protocol as a reliable layer 2 network. Impressively, Arbitrum now boasts over 5 million total registered wallet addresses. This growth also reflects in the Arbitrum (ARB) token, which has spiked by 26.6% in the past seven days.
Arbitrum has become the top choice for core users of Ethereum layer 2 protocols. Additionally, Arbitrum developers have been working endlessly to maintain this position. API3DAO is a new update on the network that will make Arbitrum more usable.
Now that Arbitrum investors are convinced that the value of their holdings could continue to increase, they are seeking similar profitable projects like Collateral Network to boost their portfolios.
Ripple (XRP)
The long-lasting legal battle between Ripple and the SEC is no longer news. While the community is anticipating a favourable closure, an investigative report that questions the integrity of Ripple managers has surfaced. The report published by Forbes indicates that the business practices of Ripple are not very clear.
In essence, Ripple allegedly whitewashes its numbers to market its core business. Having cross-border payments as its core, the company’s major source of profit is transactions involving the Ripple token. And as such, the company is keen on marketing the Ripple based On-Demand Liquidity (ODL) payment technology.
Unfortunately, new filings from the company’s Asian partner Tranglo do not match the accelerating Ripple sales. Based on all these uncertainties, holders of this token are moving to the Collateral Network for more sustainable profits.
Collateral Network (COLT)
Collateral Network offers a faster, more efficient, and more secure process for loan transactions when compared to traditional lending platforms. This novel project utilizes 100% asset-backed NFTs to facilitate borrowing and lending.
Collateral Network allows borrowers to deposit their physical assets, such as real estate, gold, or art as collateral. NFTs are minted to represent these assets after which the NFTs are further fractionalized to allow many lenders to contribute to the loan. While borrowers receive money instantly, lenders enjoy significant returns from interest rates. It’s a win-win for both parties.
Because it runs on the Ethereum blockchain, Collateral Network uses smart contracts to fasten and secure the entire process, removing the need for middlemen.
Additionally, holders of the Collateral Network token enjoy staking rewards, governance rights, and more. Plus, experts predict a 3500% growth for this project. Interested investors can go ahead and purchase the token at a floor price of $0.014 in the ongoing presale.
Led by an experienced team, Collateral Network has passed through an audit by InterFi Network, and a KYC with SolidProof. Moreover, the platform will lock in team tokens for 2 years and liquidity for 33 years. All these measures ensure the peace of mind for token holders.
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!
Find out 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
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