As one of the most popular cryptocurrencies today, Bitcoin (BTC) is always on investors’ watch lists, even more so now as experts believe that the Bitcoin price is in for a recovery.
Meanwhile, the new rising star of the crypto world, Collateral Network (COLT), has been attracting investors left and right to its public presale, with analysts predicting a 3500% growth potential for this revolutionary Defi project.
Collateral Network Brings Unprecedented Real-World Utility to the Blockchain
Collateral Network is one of the most talked about projects in the crypto world right now, as it is set to deliver a ground-breaking solution that will transform the way we get and finance loans. Collateral Network is the first Defi Web3 peer-to-peer lending platform that enables people to liquidate their physical assets safely and quickly on the blockchain, no matter where they are in the world.
The lending process via Collateral Network starts with the borrower sending their real-world asset to the fully-doxed, expert COLT team. The asset could be a watch, jewelry, art, fine wines, and any other high-value item. Once Collateral Network receives the asset, it uses AI to value it and generate logarithmic lending rates.
Collateral Network mints a 100% asset-backed NFT from the asset and fractionalizes it into smaller pieces, enabling many lenders to fund the loan with smaller amounts and receive a weekly rate of interest in return. Lenders that lend funds can become their own mini banks and create a diversified portfolio of many small loans, for which they will receive weekly passive income.
Currently, the Collateral Network (COLT) is in its public presale, with its initial price of $0.01 rising by 40% already, now being $0.014. Additionally, there is a 40% deposit bonus for all those who purchase the token now. Due to the unprecedented real-world functionality of Collateral Network, experts predict it will deliver 3500% returns before it lists on major exchanges when it will increase by 100x.
Is It Worth Buying Bitcoin On eToro?
Bitcoin continues on its downward streak, with the Bitcoin (BTC) price reaching its lowest point since mid-March. This has caused experts to conclude that the Bitcoin trend went from being bullish to neutral. Moreover, Bitcoin decreased by 12% in price since its peak in early May, when it traded at $29,865.
At the time of writing, the Bitcoin token is trading at $26,313.99, marking a 3.07% decrease in the last 24 hours. The Bitcoin trading volume has also decreased, falling by 10.84% since yesterday.
However, experts believe there is hope for a Bitcoin price recovery soon, as the Bitcoin margin markets show resilience. As a result, analysts say it is more likely that Bitcoin will go back up to $28,000 rather than fall to the next support level at $24,500.
If you want to take advantage of the lower Bitcoin prices and reap the gains from the potential price rises, you can purchase BTC on eToro.
But is it better to buy BTC on eToro and wait to see whether the prices actually increase, or is it safer and more profitable to buy the COLT presale before it ends and prices skyrocket? Well, as experts predict that current COLT holders can expect 100x gains when the token gets listed on major exchanges, all signs point to COLT as the better investment option.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
Find out more about the Collateral Network presale here:
- Website: https://www.collateralnetwork.io/
- Presale: https://presale.collateralnetwork.io/login
- Telegram: https://t.me/collateralnwk
- Twitter: https://twitter.com/Collateralnwk