Shiba Inu (SHIB) and Chainlink (LINK) Price Consolidate, Collateral Network (COLT) Set To Surpass Both

April 30th, 2023 at 9:09 am UTC · 3 min read

Shiba Inu (SHIB) and Chainlink (LINK) Price Consolidate, Collateral Network (COLT) Set To Surpass Both

While the crypto market has been slow to recover from the recent price fall, Collateral Network (COLT) has stood out as a project with a potential 35x in the coming months, which will surpass other cryptocurrencies such as Chainlink (LINK) and Shiba Inu (SHIB).

Experts also believe COLT could rise by 100x when it lists on major exchanges, a percentage increase that Chainlink (LINK) and Shiba Inu (SHIB) cannot offer combined. Read this post to find out why Collateral Network should be on your investment radar in 2023.

Why You Should Embrace Collateral Network (COLT)

Collateral Network (COLT) intends to disrupt the traditional lending industry by bringing it into the digital era. Collateral Network (COLT) will be the first project that mints NFTs against physical assets. The platform will enable borrowers to obtain loans against tangible assets like expensive watches or fine art.  These NFTs will then be fractionalized, allowing multiple lenders to fund a borrower’s loan in exchange for a fixed interest rate and passive income.

The Collateral Network (COLT) has taken several measures to ensure the security and longevity of its platform, one of which is that team tokens are locked for 2 years, which tells you the team behind the project has a long-term vested interest in its success providing a level of reassurance to investors.

Also, the liquidity pool is locked for 33 years, ensuring a steady supply of liquidity on the platform for many years. The token smart contract has been fully audited to ensure that it is secure, reliable, and free from vulnerabilities.

Collateral Network’s native token, COLT, provides numerous benefits and perks to holders ranging from staking rewards to governance rights and more. COLT currently has a price of $0.014 during stage 2 of its public presale, with analysts predicting the price could get up to $0.35. That’s a whopping 3,500% increase from its starting price of $0.01.

Chainlink (LINK): A Decentralized Blockchain Platform for Smart Contracts

Chainlink (LINK) is a decentralized oracle network that aims to provide smart contracts with access to off-chain data sources and APIs. In other words, Chainlink (LINK) enhances smart contract capabilities by allowing access to real-world data and off-chain computing while retaining the security of blockchain technology.

As good as this seems, Chainlink (LINK) still needs to pass for a good investment option as technical indicators signal that the market sentiment for Chainlink (LINK) is bearish (83%), making Chainlink (LINK) an unideal proposition.

In February 2023, Chainlink (LINK) made a high, reaching $8.3 before it plunged -29.6% to create a low at $5.8, with its price trading at $7.2 at the time of writing.

Shiba Inu (SHIB): A Dog-Themed Meme Coin

Shiba Inu (SHIB), also known as the Dogecoin killer, is among the most popular meme coins. Shiba Inu (SHIB) is an ERC-20 token built on the Ethereum blockchain.

While Chainlink (LINK) dropped by -29.6%, Shiba Inu (SHIB) plunged lower by -38.49% from the high it formed in February 2023. The overall market sentiment for Shiba Inu (SHIB) is bearish (81%), with experts forecasting even lower prices for Shiba Inu (SHIB) in the coming months.

So far, all market indicators show neither Chainlink (LINK) nor Shiba Inu (SHIB) will be able to outperform Collateral Network (COLT), making COLT the ultimate choice for anyone looking to grow their crypto portfolio exponentially.

Find out more about the Collateral Network presale here: Website, Telegram, Twitter.

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