Investors Flock To Take Advantage Of VeChain (VET) Price, Monero (XMR) And Collateral Network (COLT) Remain The Top Investors Choices For 2023

With the right investment strategy, investors can earn significant profits over time. Choosing the project for making an investment is the most critical task for investors. VeChain (VET), Monero (XMR), and Collateral Network (COLT) are frequently in the news for their growth run.

But Collateral Network has emerged as an undisputed winner among them. Collateral Network is considered the most profitable project in 2023. Its presale is live and selling out at a historic pace.

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VeChain Grows Through Partnerships

There has been a series of new partnerships for VeChain in recent weeks. It has also helped VeChain trade in the green zone despite an overall bearish market condition. The price of VeChain (VET) has surged by 5% in the past week. At press time, VeChain is available to trade at $0.0202.

Recently, VeChain partnered with Micromation Inc, a Canadian IT firm, to enhance product traceability. Under this partnership, VeChain will provide enterprise-grade smart contract protocol for the Canadian firm. Earlier, VeChain inked a deal with Authentic8.tech to help businesses find a balance between the physical and digital worlds.

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Monero Faces Criticism For Its Mordinals

The launch of Mordinals, a modified version of Bitcoin's Ordinals protocol, on the Monero blockchain has caused a massive uproar in the XMR community. Mordinals will allow developers to develop non-fungible tokens on the Monero blockchain. But the proponents of Monero have criticized Mordinals, stating that it diminishes users' privacy.

Even industry biggies believe that Mordinals NFTs can be a threat to the privacy of Monero users. Amid all this havoc, Monero's market standing has taken a hit. The trading price of Monero (XMR) has nosedived by 2% in the last month. As a result, Monero is currently changing hands at $150.66.

Collateral Network Presale Generates Immense Public Interest

Collateral Network has developed a first-of-its-kind decentralized platform that assists people in taking a loan using physical assets. Collateral Network has brought non-traditional tangible assets to Web3, expanding the scope of the crowdlending industry.  

Collateral Network accepts fine wine, art, vintage cars, watches, and many more assets as collateral to grant loans at competitive interest rates without affecting the credit score of borrowers. The platform evaluates and assesses collateralized assets with an artificial intelligence-powered mechanism. 

The Collateral Network platform then mints non-fungible tokens against the assets, and stores them in its secure vaults. These NFTs are sold to investors in an open marketplace. Moreover, the platform enables lenders to become their own banks, as they decide interest rates before funding loans. They also receive a fixed income every week.

Collateral Network's presale has gained massive popularity, and its COLT tokens can be purchased at $0.014. The market value of COLT tokens is projected to soar by 35x during the presale round. Collateral Network is also forecasted to grow by 100x in 2023.

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