Zcash (ZEC) And Ethereum (ETH) See Varying Performance, Experts Recommend Collateral Network (COLT) For Massive Growth

Zcash (ZEC) has suffered a decline and Ethereum (ETH) has got back on track after being in the red zone for months.

But one project that has won the heart of investors is Collateral Network (COLT), whose presale round has become a massive hit with its tokens expected to surge over 3500% and sell out way before their due date.

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Zcash's (ZEC) Popularity Witnesses A Steep Decline

Zcash (ZEC) has started to bear the brunt of the regulatory crackdowns against privacy tokens. The price of Zcash (ZEC) has gone down by 0.1% in the past 24 hours. At press time, Zcash (ZEC) was changing hands at $37.81. Another concerning fact about Zcash (ZEC) is that the privacy token lost more than 99% of its value from its peak price of $5,941.80.

Recently, Zcash (ZEC) suffered a severe blow from Dubai, which has banned privacy coins in its territory. Although the Zcash (ZEC) proponents claim that this event would not impact the token's global adoption and performance, experts believe that other countries can also follow Dubai's steps in the future.

Meanwhile, a rumor claiming that the founder of Monero, another privacy token, is an Interpol mole has also made investors apprehensive about Zcash's (ZEC) sustainability.

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Ethereum (ETH) Charges Forward Before Shanghai Upgrade

Ethereum (ETH) has been on an impressive run since the announcement of its Shanghai Upgrade. Ethereum's Shanghai Upgrade is one of the most awaited events in the crypto world, as it will not only improve the blockchain network but also allow people to withdraw their staked ETH.

Hence, Ethereum (ETH) has witnessed an increase in activity on its network due to the hype around the Shanghai Upgrade. Subsequently, the price of Ethereum (ETH) has increased in the past few weeks. Ethereum's (ETH) market value has increased by more than 19% in the last 30 days.

Ethereum (ETH) is currently changing hands at $1,835.64. The Ethereum (ETH) community hopes that the upcoming upgrade will significantly increase its market standing.

Collateral Network (COLT) Generates Massive Appeal Among Bulls

Collateral Network (COLT) is a decentralized crowdlending platform that combines off-chain assets with the Web3 world. Collateral Network (COLT) creates NFTs against borrowers' physical assets, such as watches, vintage cars, gold bars, and more. After minting these asset-backed NFTs, the platform sells them to lenders to fund the loans, thereby allowing them to earn a fixed rate of interest on their funds.

Collateral Network (COLT) provides its users with quick access to loans at competitive interest rates, while granting loans discreetly without any credit footprint, and ensuring the privacy and confidentiality of transactions.

COLT, the project's native token, grants holders access to various benefits like governance rights, discounts, staking, and access to exclusive VIP groups for platform users.

Collateral Network's (COLT) presale has gained massive momentum, and its tokens are selling out quickly. The market value of COLT tokens is predicted to rise by 3500% before the presale ends. Users can currently become a COLT holder with the price at just $0.014, already a 28% price surge from its initial price of $0.01.

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