Place/Date: - February 27th, 2023 at 4:00 pm UTC · 3 min read
Source: Collateral Network
Once popular cryptocurrencies, Shiba Inu (SHIB) and KuCoin (KCS), have been showing underwhelming market performance for a long time. On the other hand, the new crypto, Collateral Network (COLT) has gained experts’ trust. The crypto project is predicted to show excellent results in its pre-sale, with some predictions placing Collateral Network (COLT) as high as 35x higher than its initial price. More details about these tokens are mentioned below.
Shiba Inu (SHIB) has shown non-significant price growth in the last 8 months. Its price was affected due to the fallout of FTX (FTT). Since then, Shiba Inu (SHIB) has been trying to bounce back into the market. Shiba Inu (SHIB) developers are planning to reinvent the crypto project to create its unique identity in the market. However, experts are not expecting any remarkable profits for Shiba Inu (SHIB) in the upcoming months.
Shiba Inu (SHIB) is 0.60% down in the last 24 hours. It is currently trending at $0.0000083.
The price prediction chart of Shiba Inu (SHIB) shows a decline of 7.69% within the next 1-month and a decline of 76.54% in the next year. The Wallet Investor forecast predicts the current price of Shiba Inu (SHIB) to drop from $0.00000838 to $0.0000581 within the next year. Thus, as per prediction, investing in Shiba Inu (SHIB) in 2023 is a bad decision.
The profit-sharing token, KuCoin (KCS), has aimed to diversify the advantages for KCS holders since its launch in 2017. In the beginning, KuCoin (KCS) showed a decent price rise, increasing investors’ hopes of gaining higher returns. In 2021, KuCoin (KCS) closed at $21.45 after hitting its all-time high of $28.77.
However, the KuCoin (KCS) price chart showed a consistent downturn since the start of 2022. In the last 12 months, KuCoin (KCS) has shown a bearish cycle. The live price of KuCoin (KCS) is $6.38, which is significantly low compared to its peak value last year.
As per the past 7-day data, the current price of KuCoin (KCS) is down by 6.72%. Experts predict a negative trend for the token in the upcoming months. It indicates that KuCoin (KCS) will not be a good investment decision.
Collateral Network (COLT) has emerged as the world’s first crowdlending platform for non-fungible tokens. The unique concept of Collateral Network (COLT) allows borrowers to put their physical assets as collateral on blockchain, and unlock required loans without any third-party involvement.
Collateral Network (COLT) holders can mint NFTs against their physical assets without needing to sell them. Collateral Network (COLT) divides minted NFTs into smaller fractions allowing investors to become fractional lenders. Thus, Collateral Network (COLT) users can quickly receive cash from their real-world assets without leaving any footprint on their credit file.
Collateral Network (COLT) maintains complete transparency by recording network activities on the blockchain ledger and NFT metadata. This new crypto project enables holders to become their own banks.
Collateral Network (COLT) is all set to begin its first presale phase with an initial token price of $0.01. The concept has successfully gained the interest of investors. Crypto analysts are predicting a 35x price rise in the next 6 months. Presale buyers will also be able to join the VIP members club and avail of exclusive deals offered by Collateral Network (COLT). Thus, it is a great time to be an early adopter of Collateral Network (COLT) and take advantage of expected higher gains!
Find out more about the Collateral Network presale here: Website, Telegram, Twitter.
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