ApeCoin (APE) and Gala (GALA) Show Worrying Recent Performance, But Collateral Network (COLT) Sees Large Movement With Presale Appeal

ApeCoin (APE) and Gala (GALA) Show Worrying Recent Performance, But Collateral Network (COLT) Sees Large Movement With Presale Appeal

When we look at the overall cryptocurrency market, it is clear that many coins and tokens have already begun losing their gains slowly, which were originally gained in 2023. However, not all of them have the same faith, as some tokens have grown in value. Some even have far greater growth potential, such as Collateral Network (COLT), which analysts predict can climb in value by 3500% for its holders.

To see how it holds up, here we will be comparing Collateral Network (COLT) to ApeCoin (APE) and Gala (GALA) to see how each cryptocurrency has performed recently.

>>BUY COLT TOKENS NOW<<

ApeCoin (APE)

On April 3rd 2023, ApeCoin (APE) announced on Twitter the Ledger x ApeCoin Educational workshop. The event took place on April 4th and gained a lot of attention from the overall community behind the ApeCoin (APE) project. 

On April 6th 2023, the ApeCoin (APE) cryptocurrency traded at $4.18. Its all-time high was on April 28th 2022, at $26.70. As for its weekly performance, in the last 24 hours, ApeCoin (APE) decreased in value by 3.2%. 

In the last 30 days, ApeCoin (APE) saw an additional decrease in its value by 13%. With the ApeCoin (APE) trading volume completely stagnating at just a 1.82% increase in the last 24 hours, it is clear that not a lot of interest is going toward ApeCoin (APE). At this rate, if ApeCoin (APE) goes below its $4 price range, it could be bearish for holders. 

>>BUY COLT TOKENS NOW<<

Gala (GALA)

Huobi and Gala (GALA) gave $50 million to victims of the pGala scheme, where the firms will compensate the victims whilst also fighting for millions in damages to the cross-chain bridge. Huobi pledged a total of $25 million worth of cash and even user benefits, while Gala (GALA) will offer $25 million worth of node licenses. 

The Gala (GALA) cryptocurrency was trading at $0.04026118 on April 6th 2023. The all-time high behind the cryptocurrency was on November 26th 2021, at $0.824837. In the last 24 hours, Gala (GALA) decreased by 3.3%, and in the last seven days, its overall decrease has been at 3.9%. 

In the last 30 days, however, Gala (GALA) is still up 3.1%. While not too serious, Gala (GALA) still needs to grow and move past $0.04 to reach new heights. The Gala (GALA) trading volume increased by only 8.86% in the last 24 hours.

Collateral Network, ApeCoin (APE) and Gala (GALA) Show Worrying Recent Performance, But Collateral Network (COLT) Sees Large Movement With Presale Appeal

Collateral Network (COLT)

The Collateral Network (COLT) platform can disrupt the traditional lending and borrowing industry through the creation of a peer-to-peer (P2P) platform that leverages the power of blockchain technology in an interesting way.

On top of Collateral Network (COLT), users can essentially borrow against their physical assets. These assets can be in the form of real estate, fine art, vintage cars, luxury watches, diamonds, gold bars and much more.

All they need to do is send the asset to Collateral Network (COLT), where a non-fungible token (NFT) will be minted which will represent the asset that the borrower wants to borrow money from through its value. This means that each NFT is 100% asset-backed. Afterward, the NFT can be fractionalized, which means that an illiquid asset now has a high level of liquidity, as numerous lenders can buy a fraction of the NFT to raise money for the loans that are required by borrowers. Anyone is provided with this opportunity, and this can fund loans for borrowers and provide interest rates for lenders when they earn a passive income from lending small sums of money towards the NFT fractions which will ultimately accumulate towards the loans.

As for the native token, throughout the presale stage, Collateral Network (COLT) is offered at a value of $0.01. Note that only 38% of the total supply is available for the presale, and the smart contract behind it has been audited.

Analysts have predicted that within the next few months, Collateral Network (COLT) can climb in value to $0.35. The team tokens are locked for two years, while the liquidity pool will have a 33-year lock. As such, Collateral Network (COLT) presale provides a unique opportunity for traders and investors to jump into the project early before it explodes in value.

Collateral Network, ApeCoin (APE) and Gala (GALA) Show Worrying Recent Performance, But Collateral Network (COLT) Sees Large Movement With Presale Appeal

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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