Collateral Network (COLT) Outperforms Hedera (HBAR) And Binance (BNB) With Big Margin

The crypto market has seen a lot of chaos in the last few months. However, amidst all the chaos, a new digital currency, Collateral Network (COLT), has reignited the bullish sentiments. 

The presale of Collateral Network is selling out fast after experts revealed that the project will grow by 100x in 2023. Meanwhile, projects like Hedera (HBAR) and Binance (BNB) have launched new products to attract users and regain their growth momentum. 

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Hedera Launches New Funds To Attract Customers

Braving bears, Hedera has managed to see an uptick in its performance in the last few weeks. The market value of Hedera has increased by 1% in the past month. Thus, at the time of writing, Hedera (HBAR) is changing hands at $0.0608. As per market analysts, Hedera’s recent activities should be credited for the latest rise in HBAR’s value. 

Recently, Hedera launched a $250-million fund to onboard major brands on its network. This Metaverse Fund by Hedera aims to target business-to-business-to-consumer and business-to-business applications. Earlier, Hedera had launched a $155-million Crypto Economy Fund to increase DeFi development on its network. 

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Binance To Launch Its Japanese Wing From June

Amid the ongoing regulatory tussle in the US, Binance is set to tap the market potential of Japan. According to the latest notice, Binance’s Japanese arm, Binance Japan, will start providing services in the East Asian country after June 2023. The announcement was made by Sakura Exchange BitCoin (SEBC), which was acquired by Binance in November 2022 for an undisclosed sum. 

The news has come as a big boost for the Binance community, which was worried about the crypto giant’s loosening grip on the Western markets. The announcement has positively influenced the value of Binance, which is currently 2% up on the monthly price chart. However, US regulators have accused Binance of misappropriating users’ funds, which has made investors concerned. At the time of writing, Binance (BNB) is available to trade at $323.71.

Collateral Network Gets Record Support During Presale

To make the credit industry more accessible, Collateral Network has designed a crowdlending platform that brings off-chain or physical assets to blockchain technology. Collateral Network allows people to unlock liquidity from a wide range of tangible assets like fine art, fine wine, and diamonds.

After accepting real-world assets as collateral, the Collateral Network platform accurately values them and mints non-fungible tokens (NFTs), which are fractionalised. It stores collateralized assets in its vaults until the final settlement of loans. Once borrowers repay their loans, their assets are sent to their addresses, and the NFTs minted against them are destroyed.

For borrowers, Collateral Network provides loans at a competitive interest rate. Besides, Collateral Network is not restricted to any geographic region, and people from across the globe can take a loan on the platform, without affecting their credit history. 

On the other hand, lenders get an opportunity to create a profitable and steady source of income by purchasing the NFTs. They can grant loans to borrowers at a fixed interest rate, resulting in diversification of their asset portfolio and fixed weekly income too.

InterFi Network and SolidProof have both audited the project, and a 33-year liquidity lock after presale will be performed after the presale ends, cementing Collateral Network as one of the best investment options on the market!

According to analysts, it is the best time to lock Collateral Network (COLT) tokens, as they are currently available at $0.014, and are predicted to jump by 35x during the presale.

If you wish to purchase the $COLT token for only $0.014, follow the links below and take advantage of this unique opportunity to earn an extra 40% purchase bonus on your investment!

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