If you want to invest in a cryptocurrency but are unable to figure out the best option, this article is for you. Amid the ongoing market downfall, Collateral Network (COLT) has emerged as the most profitable project, as its market value is expected to explode by 100x in 2023. On the contrary, HEX (HEX) and Shiba Inu (SHIB) have forged new partnerships, but their value is still declining.
HEX (HEX) Joins Hands With Flare Networks
HEX (HEX) has recently forged a multi-purpose partnership with Flare Networks and will provide delegation support to its users. Under this partnership, HEX will allow institutional clients of Flare Networks to delegate their FLR tokens to its FTSO (Flare Time Series Oracle) to earn rewards. Besides, HEX will also offer a full suite of services and products to Flare Networks.
Although HEX has been signing new partnerships, the activity on its network has not picked up the pace. Subsequently, the price of HEX has been falling for the last many many weeks. Notably, HEX’s (HEX) value has plummeted by a staggering 41% in the past month. Thus, HEX (HEX) is currently changing hands at $0.0516.
Shiba Inu (SHIB) Plans To Build A Customized Wallet
According to the latest data by Shibburn, the burn rate of Shiba Inu (SHIB) has been increasing for the last many weeks. Notably, on April 29, the burn rate of Shiba Inu witnessed a surge of a whopping 384% within a 24-hour period.
However, the market value of Shiba Inu (SHIB) has plummeted by 4% in the past month. At press time, Shiba Inu (SHIB) was changing hands at $0.000010. Meanwhile, some reports have suggested that the Shiba Inu team is building a customized cold storage wallet for its native token. Besides, Shiba Inu is also organizing an ‘Ask Me Anything’ session in association with Huobi and Certik. Some analysts suggest that Shiba Inu can forge a partnership with these companies to increase its market base.
Bulls Flock To Collateral Network (COLT) Presale For 35x Profit
Collateral Network is a crowdlending Web3 platform set to disrupt the pawnbroking industry and reinvent peer-to-peer lending. On Collateral Network, a borrower can unlock liquidity using several non-traditional physical assets, such as watches, fine wines, real estate, jewelry, vintage cars, and more, at a competitive interest rate.
Suppose someone is in need of money, and that person owns a collection of fine wines worth $15,000. This person can send the wine collection to the Collateral Network team to be used as collateral for the loan. After receiving the tangible assets, the platform will accurately value and authenticate them and generate algorithmic lending rates using artificial intelligence.
Then, Collateral Network will mint an NFT representing 1:1 the physical asset and its value and store the physical asset in Collateral Network’s vaults. Afterward, the platform fractionalizes the NFT into equally valuable fractions, enabling multiple lenders to buy these fractions to fund a single loan. Those investors will get a weekly fixed interest rate in return.
The current price of Collateral Network tokens is $0.014. However, market analysts are certain that the COLT tokens’ market value will surge by 3500% before the end of the presale round. Besides, only 38% of total COLT tokens will be released during the presale phase.
Collateral Network also boasts:
- Low token entry price ( Currently at $0.014
- A clear objective in the future.
- It has a Doxxed Team with solid experience.
- Already in talks with CEX for Tier 1 CEX Listing
If you are looking to benefit from COLT’s predicted rise from $0.014, check out the links below to find out how you can benefit from a 40% purchase bonus.
Find out more about the Collateral Network presale here:
This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
