As Cronos (CRO) and Binance (BNB) battle it out in the crypto field, investors are turning to Collateral Network (COLT) as their top choice for a stable and long-term investment. Additionally, with its forecasted 3500% growth potential during its public presale, experts believe the token is poised to revolutionize the lending industry!
Collateral Network (COLT)
Collateral Network is set to revolutionize the crowdlending industry. Collateral Network is the first Web3 decentralized lending platform for real-world assets on the blockchain. It enables borrowers to use their watches, cars, and other high-value physical assets as collateral and unlock liquidity from them.
For example, if you have a $20,000 watch, you send it to Collateral Network, where its fully-doxed team uses AI to evaluate the asset and then stores it in a highly-secure vault.
Collateral Network mints an NFT of the asset and further fractionalizes it into smaller pieces so that multiple lenders can fund the loan with smaller amounts and get fixed interest payments in return.
Once you’ve repaid the loan, Collateral Network (COLT) redeems your asset from its vault and burns the NFTs.
Additionally, because of the permissionless and borderless nature of the Collateral Network platform, users worldwide can get the funds they need and enjoy competitive rates, flexible terms, and a fast turnaround.
Currently, Collateral Network is in its public presale, with the Collateral Network (COLT) token trading at $0.014. However, experts believe the token is yet to rise, predicting a 3500% growth potential in the upcoming months.
Cronos (CRO)
The Cronos token has surged 23% in the past week following the announcement of the Cronos (CRO) partnership with Samsung Electronics. This partnership will enable Cronos to deliver advanced trading and analysis options for the latest line of Samsung flip phones.
However, the social sentiment about the Cronos network is still negative. And yet, experts believe that the Cronos (CRO) price could continue to increase, mainly due to the low Cronos NVT, which indicates that the Cronos token is still undervalued.
At the time of writing, the Cronos token is trading at $0.08, marking a 2.77% increase in the Cronos (CRO) price in the last 24 hours. Additionally, the Cronos market cap has increased by 2.76% over 24 hours.
Binance (BNB)
Experts predict a potential wave of uncertainty for Binance holders as investors continue to show interest in Binance short orders. Additionally, analysts say that the increase in Binance short orders is due to a lack of a solid basis for the current Binance (BNB) price, comparing this latest Binance situation to the Binance short volume spike in March.
Additionally, some experts cite the recent announcement of Binance regarding the end of the subscription period for Open Campus (EDU) on the Binance launch platform as another reason behind the latest spike in short orders.
At the time of writing, the Binance (BNB) token trades at $324.87, marking a 3.17% decrease in the last 24 hours. Additionally, the Binance market cap decreased by 3.17% in the past 24 hours.
Explore the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
