Place/Date: - April 14th, 2023 at 9:33 am UTC · 4 min read
Source: Collateral Network
Regarding price performance, Hedera (HBAR) and Stellar (XLM), two of the most exciting players in the crypto markets, are having a rough 2023, despite recent small gains. Thankfully, their investors have found a way out.
A new presale sensation in town is ticking all the boxes to become the crypto to beat in 2023 – Collateral Network (COLT). Collateral Network (COLT) is one of the most promising crypto additions of 2023, and is about to explode into massive ROIs even as its doors are wide open for initial investors.
According to projections, Collateral Network (COLT) is looking at a 35x value boost in the coming months. Little wonder it has gotten a kingly reception in the crypto community to the detriment of Hedera (HBAR) and Stellar (XLM).
Hedera (HBAR) has outperformed most of its colleagues in the past year. Hedera (HBAR)’s public distributed ledger has sat in the bottom 25 among the top 100 cryptos during this period. Bitcoin and Ethereum have also bested it.
Hedera (HBAR) is a project whose distributed ledger technology (Hashgraph) aims to support a wide range of applications. With Hedera (HBAR)’s hashgraph, users can develop decentralized applications without relying on a blockchain.
The Hedera (HBAR) platform, whose technology powers over 100,000 transactions in one-second runs on its native HBAR token. The Hedera (HBAR) token has less than 30% of its tokens in circulation and has fallen sharply by over 68% in the past year.
Stellar (XLM) was formed in 2014 by Jed McCaleb and Joyce Kim. The project impressed the crypto community by achieving its objective of super-fast transactions at relatively lower prices. Stellar (XLM) is an open-source network that the Stellar Consensus Protocol drives.
The decentralized network runs on its native Stellar Lumens (XLM) token. On the market, Stellar (XLM), with $2.82 billion, occupies the 25th spot in market capitalization. This market cap has translated to medium liquidity for the network.
Stellar (XLM)’s price has fallen from its $0.93 all-time-high price by 89% and 47% over the previous 365 days. Its yearly inflation rate is 7.66% at the time of writing, and the token has already fallen behind Bitcoin and Ethereum in market performance.
Stellar (XLM) is still recovering from its woeful outing in 2022, where it recorded its worst yearly performance ever. So, Stellar (XLM), even after showing some promising signs in the past month, still has a long way to go in boosting investors’ confidence.
Collateral Network (COLT) is a first-of-its-kind crowdlending platform that allows individuals to borrow funds with real-world assets as collateral. The network provides loans at competitive rates and uses NFTs to facilitate peer-to-peer lending. These NFTs will be fractionalized, allowing lenders to buy even the smallest amounts and fund the loan.
These assets, which include real estate, gold, diamonds, cars, art pieces, watches, and casks of luxury wines and whiskey, will be verified and held until the loans are repaid. Borrowers can unlock capital much faster than ever before, lenders will also earn a share of the interest.
This system removes the obstacles associated with traditional bank lending, such as credit history and high interest. COLT is the native utility token of the Collateral Network (COLT) network and grants holders various benefits ranging from staking bonuses to governance rights and more. Its current presale price is $0.014, which has risen 40% from its initial price of $0.01.
The coin is projected to hit $0.35 before it closes its presale doors. So, right now is the best time to buy. There is currently a presale bonus of 40% for new buyers.
Market analysts predict that Collateral Network (COLT) will rise by 3500% in the coming months. There is no time to hesitate.
Find out more about the Collateral Network here: Website, Presale, Telegram, Twitter.
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