VeChain (VET) and Solana (SOL) Are On A Losing Streak As Collateral Network (COLT) Gains Record-breaking Presale Growth

If you want your investment to balloon by 3500%, invest in the Collateral Network (COLT) presale today. After the culmination of the presale phase, COLT tokens are projected for 100x growth so do not miss out on this massive investment opportunity. Meanwhile, VeChain (VET) and Solana (SOL) have surrendered to bears.

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VeChain (VET) Forges New Partnerships To Stay Alive

VeChain (VET) has failed to move in tandem with the rising positive market sentiment. To tackle this bearish phase, VeChain (VET) has formed new partnerships in recent weeks to increase its use cases and trade volume.

Most notable among the VeChain (VET) recent partnerships is its association with the Boston Consulting Group. Under this partnership, VeChain (VET) launched its new Whitepaper where the primary focus was on the project's sustainability agenda. Market experts believe that such measures will improve the position of VeChain (VET) on social metrics. VeChain (VET) is an enterprise-grade blockchain-powered platform that smoothens the supply chain activities of businesses.

But the value of VeChain (VET) has tumbled by more than 20% on the monthly chart. VeChain (VET) is currently trading at $0.02416, which is 91.4% below its peak of $0.28.

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Solana (SOL) Loses Its Dominance Over NFT Space

Solana (SOL) has suffered a series of setbacks lately. The number of daily active users on the Solana (SOL) network has plunged by around 12% in the last quarter.

Moreover, Solana (SOL) has witnessed a decline in its market share in the DeFi and NFT sectors, where it used to have a commanding position. Reportedly, the volume of NFTs on the Solana (SOL) network has tumbled significantly in the last week. Subsequently, the price movement of Solana (SOL) has also been southwards, with a bearish bias.

The trading price of Solana (SOL) has plummeted by 9% in the past month. Hence, Solana (SOL) is currently available to trade at $20.83, which is 91.9% below its peak of $260.06.

Collateral Network (COLT) Presale Is Set To Explode

Collateral Network (COLT) is an innovative project that aims to make the credit market more inclusive. Until now, people were able to take loans provided they possessed high-value assets, or had a big source of income. Simultaneously, the lenders' arena was occupied by investors with big pockets. However, Collateral Network (COLT) is disrupting the lending industry.

Collateral Network (COLT) allows anyone to unlock liquidity from any asset like whiskey, wine, cars, among others. As well as this, Collateral Network (COLT) allows lenders to offer funding for loans through lending small amounts of money against minted fractionalized NFTs representing tangible assets, which have been pledged by borrowers as collateral.

Collateral Network (COLT) grants loans for borrowers at competitive interest rates, and provides lenders with a steady source of income which is paid out weekly. Anyone can obtain a loan on Collateral Network (COLT) as long as they own a tangible asset and anyone can become a fractional lender by lending small sums of money towards the loans and earning themselves money as a result.

COLT tokens have many use cases. Collateral Network (COLT) token holders will get staking rewards, discounts on trading and borrowing fees and access to auctions of distressed assets. By staking COLT tokens, holders can yield a passive income.

Besides, the more COLT tokens are held by a person, the better would be the rewards received. While these benefits are offered to all COLT token holders, the ones who purchase the tokens during the presale will receive a special privilege – access to the VIP members club. Thus, it is a good time to buy your Collateral Network (COLT) tokens now at $0.01 before it surges to $0.35 by the end of the presale phase.

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