Cryptocurrency

MultiversX (EGLD) and Shiba Inu (SHIB) Grow On The Back Of Astounding Rise Of Collateral Network (COLT)

IndustryTrends

After the market havoc of 2022, there are only a few projects that can rally in 2023. MultiversX (EGLD) and Shiba Inu (SHIB) have shown signs of growth. But to get the best returns on investments, whales have chosen the Collateral Network (COLT) presale, which has a projected 35x price increase.

>>BUY COLT TOKENS NOW<<

MultiversX (EGLD) Expanding Metaverse Helps Its Value

From its original name as Elrond, MultiversX (EGLD) has continuously been working on increasing its ecosystem. As part of the rebranding, MultiversX (EGLD) has launched three projects to focus on its metaverse.

The new projects of MultiversX (EGLD) are xFabric, XPortal and XWorld. The launch of new projects has led to a jump in user activity on the MultiversX (EGLD) network. As per recent data by Artemis, the daily active addresses count on MultiversX (EGLD) rallied to its peak of 86,000 on February 8th. Besides, MultiversX (EGLD) has planned more launches in the coming months.

All these developments have pushed the price of MultiversX (EGLD) up by 3% in the last 30 days. Consequently, MultiversX (EGLD) is currently trading at $42.28, which is 92.2% below its peak of $542.58.

>>BUY COLT TOKENS NOW<<

Shibarium Launch Puts Shiba Inu (SHIB) In A Good Position

The launch of the much-awaited Shibarium, and a high burn rate have helped Shiba Inu (SHIB) to jump on the growth and price charts. Shibarium is the new Shiba Inu (SHIB) layer-2 blockchain network, which promises to offer faster speed at a lower cost than that of Ethereum.

After the launch of Shibarium on March 11th, crypto enthusiasts hope to see a significant increase in the use cases of Shiba Inu (SHIB). Besides, Shiba Inu (SHIB) recently recorded a jump of 27,000% in its burn rate.

With all these developments, Shiba Inu (SHIB) has posted consecutive gains in the last few days. The value of Shiba Inu (SHIB) has increased by 4% in the last 24 hours. On the weekly chart, Shiba Inu (SHIB) has risen by around 1%. By market capitalization, Shiba Inu (SHIB) is ranked 14th.

Collateral Network (COLT) Tops All Growth Charts For 2023

Collateral Network (COLT) is a revolutionary project in the DeFi sector and a blockchain aggregator for the lending and borrowing of cryptocurrencies. Collateral Network (COLT) allows borrowers to get loans against their physical assets without selling them.

Introducing the concept of first-mover advantage, Collateral Network (COLT) has begun the presale of its COLT tokens at $0.01. The Collateral Network (COLT) presale is likely to be fully subscribed, and rise by 3500% during the presale.

All you need to do is provide your physical asset to Collateral Network (COLT), whose team will accurately do the valuation of your items and decide lending rates by using artificial intelligence. The project developers have designed Collateral Network (COLT) as a cross-chain system that mints fractionalised NFTs against physical assets for borrowers to raise funding for a loan, and for lenders to provide the funding by accumulating small amounts of money for the loan by buying into the NFTs that represent the real-world assets. The multi-chain capability will increase the transaction speed and reduce the gas fees of Collateral Network (COLT).

COLT token borrowers will get discounts on borrowing fees, and lenders will receive discounts on trading fees in the marketplace. The COLT tokens, which users will stake on the platform, will be used to provide liquidity to the network. The liquidity pool of Collateral Network (COLT) will be locked for 33 years.

Experts are saying that the ongoing Beta stage of the Collateral Network (COLT) presale is the best time to invest in COLT tokens as buyers will get a 50% bonus offer. Access to the VIP members club is also open to presale COLT buyers only.

Find out more about 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

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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