Since the peak of the crypto market in 2021, memecoins have struggled to gain traction. Dogecoin (DOGE) is down by 41.06% in the past year, and Shiba Inu (SHIB) is down by 53.70%.
Both projects have continued to decrease in value, while new projects like Collateral Network (COLT) are providing new investment opportunities and the potential for 3500% returns in the coming months..
>>BUY COLT TOKENS NOW<<
Dogecoin (DOGE) Fails To Surge Following Elon Tweet
Dogecoin (DOGE) remains the world largest cryptocurrency, despite its price crash in 2022 and poor returns in 2023. While the Dogecoin (DOGE) community continues to make memes and spread hype about the project, one of the project’s largest backers, Elon Musk, has left the market to pursue other interests.
Elon Musk recently Tweeted that his interests are moving from crypto to AI, Dogecoin (DOGE) has performed below market. In the past five days alone, Dogecoin (DOGE) has decreased in price by 4.94%, with one Dogecoin (DOGE) selling for $0.07231.
As hype around Dogecoin (DOGE) dies down, many investors are selling their tokens, looking for better opportunities with new projects like Collateral Network (COLT).
Shiba Inu (SHIB) Is Down Following DOGE Price Decline
After offering one of the highest returns the market has ever seen, Shiba Inu (SHIB) has been continuously fighting to remain relevant. Much like Dogecoin (DOGE), Shiba Inu (SHIB) has few real-world applications, with Shiba Inu (SHIB)’s value being based on market hype and trends.
With the current crypto market being extremely turbulent, Shiba Inu (SHIB) has faced several price fluctuations throughout the past month, in which it decreased by 21.65% in value. Although many Shiba Inu (SHIB) enthusiasts claim that Shiba Inu (SHIB) will bounce back, many investors have sold their stakes, looking for better opportunities with new DeFi projects as opposed to a struggling Shiba Inu (SHIB).
Collateral Network (COLT) Presale Kicks Off With A Win
Collateral Network (COLT) is an innovative crowdlending platform that utilizes NFTs to help borrowers release cash from their real-world assets. Traditionally, individuals would pawn their valuable assets for cash, losing access to it in the process. With Collateral Network (ORBN) individuals can mint NFTs backed 1 to 1 with their physical assets, raising a peer-to-peer crowdlended loan without losing it.
Each asset-backed NFT is fractionalized so as to increase the number of lenders who can get involved in the loaning process. Lenders will then earn a passive income based on the amount they’ve loaned.
Each transaction made on Collateral Network (COLT) is completely confidential, with no credit footprint. Borrowers can also expect to receive their money within 24 hours, which makes Collateral Network (COLT) faster than traditional methods.
Stage one of the Collateral Network (COLT) presale is rapidly selling out, with one Collateral Network (COLT) token selling for $0.01. COLT token holders will be eligible for several bonuses throughout the platform like staking, discounts and access to exclusive VIP groups and will also receive governance rights to vote on future policies.
With huge potential, analysts speculate that Collateral Network (COLT) could surge 35x over the next six months, making it a highly anticipated DeFi presale.
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
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