Theta Network and Solana fall pushes investors towards innovative newcomer Collateral Network (COLT)

Crypto markets have always been volatile, and even well-known tokens like the Theta Network (THETA) and Solana (SOL) continue to decline and disappoint. In these times, investors look for an innovative newcomer that may have a promising future. 

Collateral Network (COLT) is the new talk of the crypto town; read ahead to know why it is so popular already, and how it is set to provide 3500% returns for holders.

>>BUY COLT TOKENS NOW<<

Theta Network (THETA): a risky pursuit

Purposefully built for video streaming, Theta Network (THETA) is a decentralized blockchain network. Theta Network (THETA) aims to shake up centralized video streaming and make it cost-effective, fair, and efficient. Theta Network (THETA) had large support until recently when its performance initiated a downward growth in the crypto market. Theta Network (THETA) is now $0.7, a 95.5% fall from its all-time high of $15.9. 

While Theta Network (THETA) started the year on a promising note with a price of $4.7, it soon dipped to $2.5 by the end of January. In May, Theta Network (THETA) fell to $1.2, and it has been fluctuating and floating at a disappointing rate ever since. 

According to crypto advisors, the coming year wouldn’t be so great for Theta Network (THETA) as its market is highly volatile. So, it would be best to think twice before investing in Theta Network (THETA).

Solana (SOL) likely to decline further

The Solana Protocol (SOL) intends to make it easier to create decentralized applications (dApps). By adding a proof-of-history (PoH) consensus along with the blockchain’s underlying proof-of-stake (PoS) consensus, Solana (SOL) seeks to increase scalability. 

This year’s dip in Solana’s (SOL) performance has made investors wary of its future as its graph continues to slide. Starting the year with a price of $197, Solana (SOL) indicated a great future but soon led to disappointment as it dipped to $44 by May. Solana’s (SOL) current price of $11.3 is a 95.6% decline from its all-time high of $260. This recent dwindling is much related to the FTX fiasco as Solana’s (SOL) price was directly affected after the collapse. 

Moreover, experts are afraid that the situation for Solana (SOL) is unlikely to get better anytime soon. Solana (SOL) may continue to feel the repercussions of FTX’s collapse for quite a long time and hence, experts are not in favor of investing in Solana (SOL) for now.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) demonstrates a promising future

Built on the Ethereum blockchain, Collateral Network (COLT) makes it simple for borrowers to get cash loans for their tangible assets on a decentralized platform. 

Collateral Network (COLT) is the first project that enables borrowers to mint NFTs against physical assets like luxury watches, fine art, precious metals and more, as a way to unlock liquidity via short term crowdlended loans.

This is made possible by fractionalising the NFTs, and then allowing the community to fund the loans. Collateral Network (COLT) protects users’ privacy, as users can borrow covertly against their assets without leaving a trace on their credit history. Lenders can enjoy a fixed rate of interest on their capital, providing novel solutions for all users.

Collateral Network (COLT) is also transparent as all contractual information is maintained in the metadata of the NFT and stored on the public blockchain, which cannot be deleted or altered. 

COLT tokens run this ecosystem and provide benefits like staking, governance rights, and more. Currently, the first presale of Collateral Network (COLT) is live, and its price is $0.01, which is an amazing opportunity for investors. 

It is predicted that the price of Collateral Network (COLT) would surge 35x within the next few months. So, if you haven’t already, hurry up and join the presale of Collateral Network (COLT) now, as the limited token supply is selling out fast!

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 

Disclaimer

Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Latest posts by Guest Author (see all)

Source: https://www.thecoinrepublic.com/2023/04/01/theta-network-and-solana-fall-pushes-investors-towards-innovative-newcomer-collateral-network-colt/