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Apecoin (APE), Shiba Inu (SHIB), and Collateral Network (COLT) are some of the cryptocurrencies on the market that are on many investors' watchlists for good reasons. For example, their prices continue to show an upward movement, with experts predicting a 3500% price surge for Collateral Network (COLT).
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Apecoin (APE) is a very popular cryptocurrency with a growing reputation in terms of online payments. It is a crypto from the non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Shortly after its release in 2022, Apecoin (APE) became the most valuable metaverse token by market capitalization.
The Apecoin (APE) crypto was launched on March 17, 2022, by Yuga Labs, the founders of the BAYC NFT collection. It is designed as a decentralized peer-to-peer network that facilitates low-cost digital transactions. Apecoin (APE) network operates a Proof of Stake consensus protocol, which requires users to lock up part of their total Apecoin (APE) holdings to validate transactions.
Since its launch, one of the most significant news about Apecoin (APE) is the introduction of staking. It also launched its NFT marketplace on November 23, 2022. This marketplace allows NFT investors to conveniently buy and sell tokens across Yuga Labs' collections, such as BAYC, Mutant Ape Yacht Club, and Bored Ape Kennel Club.
Yuga Labs recently organized the TwelveFold event to auction its inaugural Bitcoin-based NFT collection. However, the event didn't cause the value of Apecoin (APE) to appreciate. Within the last week, the price of Apecoin (APE) has dropped by up to 20%.
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Shiba Inu (SHIB) has come a long way from being a playful meme. In 2023, Shiba Inu (SHIB) is poised to make some waves as its value is expected to rise, thanks to its emphasis on gaming applications and the metaverse.
With the growth of the NFT marketplace, Shiba Inu (SHIB) has also grown to be recognized as a top crypto with the solid backing of the Shibarium blockchain. Shiba Inu (SHIB) boasts a thriving dApp ecosystem and reliable on-chain transactions thanks to its rising burn rate.
Furthermore, Shiba Inu (SHIB) has earned more credibility thanks to a swift Shibarium test net uptake. Also, there has been an incredible 240% increase in active accounts on the platform. By all indications, SHIB promises a price boost that could mean significant profits for early investors.
Collateral Network (COLT) is an outstanding borrowing and lending token that uses blockchain technology to allow users to borrow or lend cash against their real-life physical assets. This means that people can convert their physical assets to NFTs of equal value, and then take out a loan using the NFTs as collateral. No other platform operates this system on the crypto market.
Still, in its presale period, Collateral Network (COLT) is set to use fractionalized NFTs backed by borrowers' physical assets. Users can access immediate liquidity because there is no intermediary, and you don't have to sell your assets to borrow or lend money.
Furthermore, Collateral Network (COLT) allows customers to access loans without compromising their credit scores. On the other hand, lenders can also benefit from a fixed, stable interest rate. Loans can be unlocked and accessed within 24 hours of being processed.
Collateral Network (COLT) is the first of its kind. Despite existing only for a short time, experts speculate that there would be an unprecedented price boost of 3500%. Additionally, there are several benefits available for early COLT customers. These benefits include staking, access to exclusive VIP content, governance rights, and discounts.
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.
