Collateral Network (COLT) has become a massive hit in the market with its presale tokens selling like hotcakes. If you want to get a 100x return on investment in the next few months, you must not miss out on Collateral Network's (COLT) presale tokens. On the sidelines, Theta Network (THETA) and Bitcoin (BTC) have registered a minor growth.
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Theta Network (THETA) has gained from the increasing demand for artificial intelligence-based dApps due to its latest partnerships. Recently, Theta Network (THETA) joined hands with FedML, a Collaborative Machine Learning and Edge AI platform, for content recommendation and advertisement.
Market analysts believe that this partnership can help Theta Network (THETA) post significantly good numbers in the coming year. Theta Network (THETA) caters to the global video streaming market, which is projected to have an annual growth rate of 18.4% by 2030, and the integration of AI can increase the blockchain's adoption. Meanwhile, the price of Theta Network (THETA) has risen by 0.17% in the past week. Theta Network's (THETA) value is up by 9% on the monthly price chart. At the time of writing, Theta Network (THETA) is trading at $1.06.
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2023 began on a high note for Bitcoin (BTC), and the largest cryptocurrency by market cap has continued its bull run in the first quarter. The market value of Bitcoin (BTC) has increased by 27% in the past month, and the crypto has also crossed the milestone of $28,000.
At the time of writing, Bitcoin (BTC) is changing hands at $28,022.48. Besides, a recent report has suggested that Bitcoin's network difficulty has increased since the beginning of 2023, indicating that the mining of BTC has surged. The hash rate of Bitcoin (BTC) has reached a high of 342.16 EH/s. Moreover, the revenue of Bitcoin (BTC) miners has jumped by 70% in the first quarter of the year. This data indicates that Bitcoin (BTC) is coming back on track after getting derailed in 2022. However, Bitcoin (BTC) is still 59% down from its peak price of $68,789.63.
Collateral Network (COLT) is the only platform on Web3 that mints 100% asset-backed NFTs for crowdlending. Collateral Network (COLT) allows investors to give loans to borrowers through investing in NFTs that are backed by real-world assets. People who want to take a loan can send their tangible assets like luxury cars or watches to Collateral Network (COLT), which mints NFTs against them and fractionalizes them.
On Collateral Network (COLT), investors can purchase these NFTs and fund loans for borrowers. All loans provided by Collateral Network (COLT) are 100% backed by tangible assets, and are given at transparent and fair borrowing terms, which are stored in the NFTs' metadata. Valuation of assets to be used as collateral is done by the network's artificial intelligence-supported process.
COLT is the native token for Collateral Network's ecosystem, and offers several benefits. Collateral Network (COLT) holders can secure loans at low-interest rates, and can also stake their tokens to the platform's liquidity pool, and yield a passive income.
Along with voting rights, the token holders also gain access to online auctions of distressed assets. But entry into the VIP members club will be available to only presale Collateral Network (COLT) token buyers. Currently, COLT tokens can be bought at $0.014. But the price of tokens has been predicted to increase to $0.35 before the conclusion of the rapidly-selling presale.
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.