Filecoin, Polkadot, and COLT Outperform Competitors

As April rolls around, Filecoin (FIL) prices increase by over 2%, while Polkadot (DOT) leaps even further ahead with a 3.35% higher price tag.

But who is the biggest winner that has everyone’s attention? That would be the Collateral Network (COLT), in Stage 1 of its public presale. And, with its 3500% growth potential, COLT is becoming a hotspot for investors.

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Collateral Network (COLT)

The Collateral Network (COLT) is the first decentralized lending protocol that allows people to use the blockchain to borrow money against real-world assets. On the Collateral Network (COLT), borrowers can use physical assets like real estate, watches, vintage cars, and fine wines as collateral for their loans.

The Collateral Network (COLT) also uses AI valuation, ensuring borrowers get a fair price for their assets. Besides, COLT allows people to get funding without affecting their credit scores. The Collateral Network (COLT) is the perfect place for everyone looking for credit accessibility, transparency, and flexibility.

The Collateral Network (COLT) transforms the physical assets borrowers put into NFTs and uses the 100% asset-backed NFTs to raise funds for the borrower. Further, COLT fractionalizes the NFTs into smaller pieces to get smaller funds from multiple lenders worldwide at agreed-upon interest rates.

Currently, as the Collateral Network (COLT) is in Stage 1 of its public presale, its tokens are trading at $0.01. However, experts believe it can deliver 35x gains for investors, with a 3500% growth potential in the upcoming months.

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Filecoin (FIL)

The Filecoin (FIL) token has gained momentum since it introduced the Filecoin Virtual Machine (FVM) to its network. And since mid-March, Filecoin (FIL) has undergone price consolidation, varying between $5.35 and $5.93.

However, in the past few days, the Filecoin (FIL) token has been trading at over $6, with the Filecoin (FIL) price increasing by 2.37% at the time of writing. Besides, the Filecoin (FIL) volume has decreased by over 15% during the previous 24h, making the Filecoin (FIL) market trend quite volatile.

The Filecoin (FIL) token’s volatility makes it difficult for investors to move, despite its price increases in April.

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Polkadot (DOT)

Polkadot (DOT) has been showing price increases in the last week, currently trading at $6.47 with a price increase of over 3% over the previous 24h. Also, the Polkadot (DOT) market cap is up by 1.57%, but its volume went down by 7.14%.

Additionally, Polkadot (DOT) recently filed a trademark registration for a blockchain-based messaging application that will supposedly be named ‘Polkadot Converse.’ And, as other attempts at integrating social media within the Web3 industry have failed, Polkadot (DOT) could be the first to do it.

As of April, Polkadot (DOT) is still the 11^th biggest cryptocurrency. Also, Polkadot (DOT) tokens could be looking at further price increases, as Polkadot (DOT) welcomes Moonsama as its 42^nd parachain protocol, which can introduce new NFT applications to the overall ecosystem.