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Breaking News: Shiba Inu And Collateral Network Gain Traction Amidst Stellar’s (XLM) Price Surge
Stellar (XLM) has recently experienced a more stable performance than the overall crypto market, leading investors to wonder where its price will go. Meanwhile, Shiba Inu (SHIB) and Collateral Network (COLT) are gaining traction, attracting the attention of investors worldwide.
However, Collateral Network, currently in its public presale, is set to deliver 3500% gains to holders, making it one of the best and most attractive options on the market.
Collateral Network (COLT) – Surpassing Most Cryptos With its Unprecedented Utility and Massive GainsCollateral Network is a game-changing project set to revolutionize the DeFi landscape and bring unmatched real-world utility to the lending industry. Namely, Collateral Network is the world’s first decentralized lending platform that will enable users to unlock liquidity by levering tangible assets on the blockchain, including art, cars, watches, gold, and other valuables.
Collateral Network will also provide a borderless, permissionless platform, enabling users worldwide to get the funds they need without affecting their credit files.
For instance, let’s say you have a $40,000 watch and need a short-term loan. You send the watch to the Collateral Network team, which stores it in a highly secure vault and mints a 100% asset-backed NFT of the asset. Then, it fractionalizes the NFT into smaller pieces, enabling many lenders worldwide to fund the loan with smaller amounts and receive weekly interest payments in return.
Additionally, Collateral Network token holders will receive numerous benefits, including discounts on trading/borrowing fees, voting rights, a passive income from staking, and access to private online auctions (where users can buy distressed assets from defaulted loans below market value).
Currently, Collateral Network (COLT) is in its public presale, with its token trading at $0.0241. This represents a market leading 141% price increase, combined with the one-of-a-kind real-world utility Collateral Network offers, the crypto community has rushed to the COLT presale to buy tokens while prices are still favorable. Seeing as experts predict a 3500% growth for the token, Collateral Network is one of the most attractive options on the market.
Shiba Inu (SHIB) Whale Causes Upward Price MovementAt the beginning of the week, a Shiba Inu whale caused a stir in the Shiba Inu community, purchasing an impressive 1.5 trillion Shiba Inu (SHIB) tokens worth around $10 million. This, in turn, caused the Shiba Inu price to increase.
The Shiba Inu (SHIB) token currently trades at $0.00000686, marking a 1.70% increase in the last 24 hours. However, the Shiba Inu trading volume has decreased by 30.97% since yesterday.
As a result, experts believe that the Shiba Inu token is quite volatile, seeing as one whale movement in the opposite direction could cause the Shiba Inu price to go down. Therefore, analysts say that Shiba Inu’s future remains uncertain.
Can Stellar (XLM) Maintain its Bullish Stance?Stellar has recently had a stable performance, despite the overall volatility of the crypto market. Namely, Stellar’s price went up a few days ago, causing the Stellar token to trade at $0.084, much to the joy of the Stellar community.
However, Stellar did not manage to maintain its bullish movement, with the Stellar token dropping in value just a couple of days later. Currently, Stellar (XLM) is trading at $0.079, marking a 4.14% decrease in the last 24 hours.
Additionally, the Stellar trading volume has decreased by 23.21% since yesterday, prompting experts to say that a bearish trend for the Stellar token is imminent.
Find out more about the Collateral Network presale here:You're reading Shiba Inu And Colt Gain Traction Amidst Stellar Price Surge
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