Collateral Network (COLT) has stirred the crypto market with its historical presale, which is destined for 3500% growth. Collateral Network (COLT) has entered the crypto world to streamline the process of borrowing and lending cryptocurrencies with a unique business roadmap. Meanwhile, Litecoin (LTC) and Ripple (XRP) have also found market support to undertake developmental activities.
Litecoin (LTC) Braves Market Bears
Litecoin (LTC) has managed to perform strongly amid the prevailing bearish conditions. The key reason behind this positive performance is an increase in the adoption of Litecoin (LTC). Subsequently, the hash rate of Litecoin (LTC) has also jumped.
Recently, Litecoin (LTC) started its Litecoin Card Program across Europe. Litecoin (LTC) was created with the specific goal of addressing the shortcomings of the Bitcoin network, such as transaction speed, scalability, and high fees.
The price of Litecoin (LTC) has risen by more than 1% in the last 24 hours at the time of writing. However, it has fallen by 9% on the monthly chart. Consequently, Litecoin (LTC) currently trades at $90.06, which is 78.19% below its all-time high of $412.96.
Investors Increase Ripple (XRP) Accumulation
As the final verdict in the Ripple (XRP) versus SEC lawsuit is around the corner, the crypto community is betting in favor of the blockchain network. Many prominent personalities have opined that Ripple (XRP) will emerge victorious in this legal battle because SEC’s approach against cryptocurrencies has been arbitrary.
Ripple (XRP) is a digital currency that was created to allow expeditious international payments. Ripple (XRP) focuses on integration with existing financial systems, and becoming an attractive choice for banks worldwide.
Currently, Ripple (XRP) is ranked 6th by market capitalization. The price of Ripple (XRP) has suffered a fall of 8% in the last 30 days. As a result, Ripple (XRP) is available to trade at $0.536, which is 86.04% below its all-time high of $3.84.
Collateral Network (COLT) Makes Way For 35x Return On Investments
Collateral Network (COLT) is a blockchain-powered new-age crowdlending platform that connects lenders and borrowers. On Collateral Network (COLT), anyone can use physical assets and unlock liquidity from them in order to receive loans. People can secure loans against their tangible assets on Collateral Network (COLT) platform within 24 hours.
Several assets can be mortgaged on this cross-chain network, such as fine wines, real estate, watches or even whiskey which will then be minted into fractionalised NFTs representing the asset which lenders will lend small amounts of money to in order to raise the loan funds at an agreed interest rate and time scale. Borrowers will then repay the loan to the lenders once raised where the NFT will then be burned and asset returned. But if this fails, the asset is sold at auction to recoup the lenders’ funds.
The Collateral Network (COLT) usability is not restricted by geographical boundaries. Borrowers and lenders from various parts of the world can mutually finalize the terms of the loans on Collateral Network (COLT). The market value of the mortgaged physical assets is determined by the internal team of Collateral Network (COLT) upon authentication. The platform is equipped with a cutting-edge 2FA security feature, artificial intelligence, and audited smart contracts to seamlessly execute the lending-borrowing processes.
COLT tokens will run the ecosystem of the Collateral Network, which has three elements: Auctions, Crowdlending and Marketplace. Currently, you can lock your presale COLT tokens at just $0.01. According to experts, this is the best time to buy COLT tokens as their price is expected to rise by 3500%, to $0.35, during presale.
Presale COLT tokens come with exclusive benefits like access to the VIP members club and 50% bonus tokens. Only 38% of the total 1.4 billion COLT tokens will be sold during the presale of the network.
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