The crypto market has registered increased activity among bulls since the presale of Collateral Network (COLT) began. Millions of Collateral Network (COLT) tokens are getting locked every day. Collateral Network (COLT) has been predicted to rise by 35x during the presale, and 100x after hitting the crypto exchanges. On the other hand, Helium (HNT) and Enjin Coin (ENJ) have lost their shine amid the ongoing market turmoil.
Helium’s (HNT) Situation Has Worsened
Helium (HNT) has been in troubled waters since it announced that it was migrating to the Solana (SOL) blockchain. The crypto market did not respond well to Helium’s (HNT) announcement. Moreover, bearish sentiments wrapped Helium (HNT) after a few weeks of the announcement. However, Helium’s (HNT) situation started worsening after Binance decided to delist the token. The conditions got aggravated when reports surfaced that Helium (HNT) has postponed its migration to Solana from March 27 to April 18. Amid all these developments, Helium (HNT) has lost over 42% of its market value in the past month. Currently, Helium (HNT) is trading at $1.38.
Enjin Coin (ENJ) Faces Tough Competition
Increased competition in the GameFi sector has posed serious challenges for Enjin Coin (ENJ). Besides, Enjin Coin (ENJ) has also been lacking on the development front, with no significant upgrade launched in recent months. The price movement of Enjin Coin (ENJ) has not been encouraging either. Enjin Coin (ENJ) has fallen by more than 1% on the monthly price chart. Moreover, Enjin Coin (ENJ) is 92% down from its peak price of $4.85. At present, Enjin Coin (ENJ) is trading at $0.41. Thus, Enjin Coin (ENJ) has become less noteworthy. Enjin Coin’s (ENJ) social presence has also declined, with only 32 out of over 1.5 million Twitter posts in the last 24 hours mentioning its name.
Collateral Network (COLT) Becomes The Hottest Asset In The Market
Collateral Network (COLT) is a crowdlending platform, launched to help people seeking crypto loans from across the globe. Collateral Network (COLT) assists people who want to generate cash against their off-chain physical assets. Collateral Network (COLT) has disrupted the entire credit market by bringing real-world assets to Web3. The platform accepts gold, diamonds, houses, rare wine, and other non-traditional valuable commodities as collateral.
Collateral Network (COLT) benefits lenders and borrowers in several ways. Collateral Network (COLT) helps borrowers with its transparent, secure, borderless, and cheap borrowing process. On the other hand, lenders on Collateral Network (COLT) receive benefits like a fixed passive income paid weekly, and the tangible utility of NFTs.
On Collateral Network (COLT), investors are empowered to become their own banks by providing loans to borrowers at competitive interest rates set by them. The ecosystem of Collateral Network (COLT) has three key elements – Crowdlending, Auctions, and Marketplace. COLT tokens will fuel the ecosystem of Collateral Network. If a borrower on Collateral Network is a COLT holder, they can get loans at a lower interest rate. If a COLT holder is a lender on the platform, they will get discounts on trading fees. The presale phase of Collateral Network (COLT) started at $0.01 and already increased in price to $0.014. However COLT tokens are projected to surge by 3500% to $0.35 during the presale. Experts are confident that Collateral Network (COLT) will balloon by 100x after getting listed on major crypto exchanges.
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
