FLOKI (FLOKI), Everdome (DOME), and Collateral Network (COLT) are three important projects that can change an investor’s portfolio. With the new year upon us, investing in any of these projects can help you build a sustainable wealth even for your generation yet unborn. While the prolonged bear market has affected the performances of both FLOKI (FLOKI) and Everdome (DOME), causing them to trade below their all-time lows, Collateral Network (COLT) is a new entry into the crypto market but has massive potential to explode by over 3500% during the presale.
Should you invest in Collateral Network (COLT)? Will FLOKI (FLOKI) and Everdome (DOME) manage a comeback? Read on for mind.
FLOKI (FLOKI) Decline By Over 5%; Here’s Why
FLOKI (FLOKI) has lost more than 5% of its value in the last 48 hours and the reason for the loss may not be far-fetched. The bear market has plummeted the prices of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Experts assert that the dwindling performance of BTC and ETH is the major cause of FLOKI price nosedive. The price nosedive has made investors dump FLOKI for a viable option like Collateral Network (COLT).
FLOKI is a decentralized community-run project. FLOKI is the utility token of the FLOKI ecosystem. It is birthed by members and fans of the Shiba Inu (SHIB) community. According to the project’s whitepaper, FLOKI is working on four flagship utility projects, including an NFT gaming metaverse, a content and education platform, an NFT and merchandise marketplace, as well as a suite of decentralized finance products. At press time, FLOKI trades for $0.000008 USD with a 24-hour trading volume of $1,809,675 USD.
Will Everdome (DOME) Be Able To Halt The Downward Trend?
Everdome (DOME) is faced with one problem right now – a continuous free fall of its price point. The Everdome (DOME) team is doing everything possible to halt the downward trend in a bid to boost the token’s fortunes. Everdome (DOME) is based on the concept of the metaverse. It’s also a highly realistic 3D virtual environment hosted on the BNB Chain. The project aims to create a ubiquitous web3 experience, which sweeps users off their feet with its hyper-realistic graphics.
According to the developmental team, “the project envisions global adoption of the metaverse in the realms of social interaction, gaming, business, and others. Everdome also expects the creation of land in the metaverse to follow a similar logic to the real world – one of scarcity and high prices for in-demand virtual real estate.” At press time, Everdome (DOME) trades for $0.002263 USD with a 24-hour trading volume of $3,179,447 USD.
Collateral Network (COLT) Targets Institutional Investors
As Collateral Network (COLT) continues to gain traction, the developmental team moves to attract institutional investors from across the world to be part of the project. The team believes that with the participation of Institutional investors, the $COLT token will surge to the 35x projection. Collateral Network is a decentralized crowdlending platform where you can fractionally borrow money using your physical assets as collateral at a competitive interest rate.
The $COLT token comes with a wide range of benefits, including granting you the right to vote and be voted for in the governance structure of the project. The token will go on sale in an ICO at a soon to be announced date. So, if you’re looking for a viable NFT project to invest in to earn a strong ROI, Collateral Network has got you covered.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
