Investors are flocking to Chainlink, Cosmos, and this fresh new Altcoin

The recent bear market has led to many investors diversifying their portfolios with projects like Chainlink (LINK) and Cosmos (ATOM). While both have been good investments in the past, a new altcoin is also gaining traction, offering an ROI of 3500% for bullish investors. 

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What is Chainlink (LINK)?

Chainlink works as a bridge between blockchain platforms and real-world businesses. It's designed to supply blockchain projects with accurate, up-to-date data such as the price of stocks, news updates, political results, and more. By doing this, Chainlink allows blockchain projects to stay connected with real-world events. 

Chainlink pays validators who check data points with LINK tokens, which can be used as part of Chainlink or sold for alternative cryptocurrencies. One Chainlink (LINK) token is currently worth $6.5172, with Chainlink being ranked the 19th largest cryptocurrency worldwide by market cap. 

In the last seven days, Chainlink (LINK) has decreased in price by 6.48%, though analysts believe that Chainlink will bounce back after the latest market correction is complete.

What Is Cosmos (ATOM)?

Cosmos is a DeFi ecosystem created to offer fast transactions and low transfer fees. By solving two of the market's biggest issues, Cosmos (ATOM) hopes to make DeFi more accessible, with individuals being able to pay using Cosmos (ATOM) without being charged huge fees. 

Cosmos uses ATOM as its native token. ATOM is used to vote on future Cosmos Hub policies, though it has also become a strong investment, with around $176 million ATOM being traded daily 

In the last week, Cosmos (ATOM) has decreased in value by 6.25%, with one Cosmos (ATOM) currently selling for $10.33. Despite this decline, investors remain bullish about Cosmos. 

Although both Chainlink (LINK) and Cosmos (ATOM) are growing in popularity, a new altcoin is on track to outperform both projects.

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What Is The New Altcoin Taking The Market By Storm?

Collateral Network (COLT) is a new altcoin that brings a world of opportunity to DeFi. Collateral Network is the first project to use DeFi to solve issues in the crowdlending industry, which is known for being outdated and unnecessarily complex.

Collateral Network overhauls the traditional system of endless paperwork and credit checks with blockchain technology, which lets individuals unlock liquidity from their physical assets.

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Instead of being sold, assets are minted as NFTs and sold in fractions to the Collateral Network community. Investors buying fractions become lenders and are rewarded with passive income. Meanwhile, borrowers can unlock cash from their assets in just 24 hours without needing to physically sell it. 

COLT tokens will be used to power the Collateral Network platform and will grant holders trading discounts, governance rights, and access to private auctions, among other benefits. Collateral Network is currently in its presale phase, with tokens currently sold for $0.014 per token, and are expected to surge to $0.35 during the Collateral Network (COLT) presale, according to analysts' predictions. Those buying during the presale would benefit from a 40% deposit bonus. 

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How Can You Buy Collateral Network (COLT) Tokens?

Collateral Network tokens are currently available on the Collateral Network website using the 'Buy Now' button. They can be purchased with several cryptocurrencies, including BTC, ETH, and DOGE. 

Conclusion

With Chainlink (LINK) and Cosmos (ATOM) building momentum as the latest bear run potentially comes to an end, Collateral Network (COLT) is on track for huge gains in the next few months. Experts predict that Collateral Network could surge an additional 100x once it lists on exchanges such as Uniswap, which has put COLT tokens in huge demand.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://presale.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk