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Bitcoin (BTC) has always been the go-to cryptocurrency and a preferred project for the masses. However, sentiments are increasingly shifting towards little-known projects with game-changing ambitions like Algorand (ALGO), VeChain (VET) and Collateral Network (COLT), which has seen an impressive 40% increase in price so far during its presale phase.
>>BUY COLT TOKENS NOW<<
Collateral Network (COLT) is a revolutionary project on the cusp of bridging the gap between borrowers and lenders through a decentralized platform. Its primary goal is to offer an easy and exciting way for people to borrow against their physical assets, by using blockchain and non-fungible token technology.
The challenger lender plans to offer borrowers a way of targeting a wider pool of lenders from all over the globe on the blockchain. Borrowers can unlock liquidity from physical assets like fine wine, jewelry, super cars, real estate, and even yachts. Assets that are traditionally illiquid.
Lenders looking to lend money and earn some fixed income can buy fractionalized NFTs. In return, borrowers must pay the lenders a fixed interest over the agreed period. As borrowers enjoy a fast cash turnaround from the platform, lenders stand to earn solid returns by lending money towards fractionalized loans.
The global asset-based lending market was worth $561.5 billion in 2021 (according to Allied Market Research) and is projected to grow to $1,721.38 billion by 2031. The potential for growth of the platform is huge should they acquire a market share of this sector.
The price of a COLT token is currently $0.014. With over 130 million tokens already sold a price increase is imminent.
Algorand (ALGO) is proving to be reliable and the Algorand (ALGO) native token, ALGO, is an ideal alternative for anyone who is not fond of Bitcoin's valuation. The coin is already up by 36% for the year and showing signs of edging higher.
Algorand (ALGO) stands out as a Bitcoin alternative by offering a unique profile of computing power, superior transaction speed and environmental impact that is second to none. Moreover, unlike most projects, Algorand (ALGO) is mostly focused on environmentally friendly operations with its carbon-neutral blockchain.
In addition, Algorand (ALGO) offers fast and secure transactions at some of the lowest costs, making it a perfect fit in decentralized finance. While Algorand (ALGO) app development has earned plaudits among developers, it continues to fuel demand for the native ALGO token.
The VeChain (VET) native token, VET, continues to accrue significant gains in the market having emerged as a preferred altcoin for diversifying investment portfolio. The VeChain (VET) coin is already up by more than 70% for the year as the masses come to terms with the project's competitive edge.
The VeChain (VET) project offers real utility for businesses. The VeChain (VET) network's primary goal is to provide a trust-free and distributed business ecosystem to enable a smooth flow of information and high-speed value transfers.
VeChain (VET) offers blockchain powered software solutions for businesses. The VeChain (VET) primary product is an enterprise supply chain product that enhances the tracing of products in transit. Therefore, VeChain (VET) is the subject of real-world use cases across various industries, including food and beverage. Its increased utility is one factor that affirms the VET native token's long-term prospects.
Crypto projects with proven use cases and the ability to solve real-world problems are staring at an explosive 2023. Collateral Network (COLT) is a project poised to enhance crowdlending and elicit strong interest from borrowers and lenders. Algorand (ALGO) accrues its utility in improving the development of dApps and smart contracts while VeChain (VET) has the potential to become a preferred platform for business solutions.
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 on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
