As Mining BTC Becomes Costly, ETC and COLT Gain More Popularity
With the rise of Bitcoin (BTC) transaction fees, it’s no surprise that we also see an increase in Bitcoin mining costs. In consequence, it’s no surprise that investors are turning elsewhere to make profits. More specifically, they’re turning to Ethereum Classic (ETC) and Collateral Network (COLT), putting an emphasis on the latter as it is set to rake in 3500% gains before its public presale comes to an end.
Collateral Network (COLT) Stuns Investors With Incredible Real-World Utility and Game-Changing Returns
Collateral Network is an incredible new DeFi platform that is set to revolutionize the lending industry. Namely, it is a peer-to-peer lending platform that allows borrowers to unlock liquidity against real-world assets and lenders to finance loans with competitive interest rates, leaving investors speechless as it does.
In addition to that, Collateral Network also offers discounts on borrowing and trading fees, access to funds for borrowers within 24 hours, loan approval with no influence on credit files, borderless access to loans, access to private auctions, staking, governance rights, and more.
Lending and borrowing with Collateral Network (COLT) is a super-easy process. Namely, all the borrower needs to do is send their real-world asset, such as a luxury watch, high-end jewelry, a vintage car, fine art, etc., to Collateral Network, and it will take it from them.
When Collateral Network receives the asset, it values it using AI and mints it into a 100% asset-backed NFT. Then, Collateral Network puts the NFT for sale so that lenders can buy fractions of it (fractionalized lending) and receive a fixed-interest weekly payment in return. In the end, when the loan is repaid in full, Collateral Network burns the NFT and returns the asset to the borrower.
At the moment, Collateral Network (COLT) is at its public presale stage and is trading at $0.014, a 40% increase from its initial presale price. Experts predict that Collateral Network will surge even more in prices, expecting a 3500% gain before the presale is over. Also, after the COLT token hits exchanges, experts predict another 100x gains for the token.
Bitcoin (BTC) Mining Not as Profitable as Before
Bitcoin was once the king of all crypto. However, recently, it’s been facing the wrath of the ever-volatile crypto market. And with the recent increase in Bitcoin transaction fees, Bitcoin miners are also seeing an increase in the costs of mining Bitcoin coins. So, more and more Bitcoin miners are starting to turn to other coins for better profits.
Currently, Bitcoin (BTC) is trading at $27,969.11, a 0.23% increase in the last 24 hours. However, the Bitcoin trading volume is down by 20%, which is an indication of the negative sentiments towards Bitcoin at the moment. Lastly, the Bitcoin (BTC) market cap is up 0.24% in the past 24h.
Investors Are Turning to Ethereum Classic (ETC) for Larger Gains
Even though Ethereum Classic has been facing some slumps in price the past few days, Ethereum Classic investors and crypto experts are buying the Ethereum Classic dip in hopes of seeing larger returns later. Namely, Ethereum Classic (ETC) is expected to rise to the $30 mark by the end of 2023, making Ethereum Classic the better choice compared to BTC.
Currently, Ethereum Classic is trading at $18.40 per Ethereum Classic (ETC) token, a 0.13% decrease in the last 24h. The Ethereum Classic (ETC) trading volume is also down by 9.29%, and the Ethereum Classic (ETC) market cap has decreased by 0.16%.
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
With the rise of Bitcoin (BTC) transaction fees, it’s no surprise that we also see an increase in Bitcoin mining costs. In consequence, it’s no surprise that investors are turning elsewhere to make profits. More specifically, they’re turning to Ethereum Classic (ETC) and Collateral Network (COLT), putting an emphasis on the latter as it is set to rake in 3500% gains before its public presale comes to an end.
Collateral Network (COLT) Stuns Investors With Incredible Real-World Utility and Game-Changing Returns
Collateral Network is an incredible new DeFi platform that is set to revolutionize the lending industry. Namely, it is a peer-to-peer lending platform that allows borrowers to unlock liquidity against real-world assets and lenders to finance loans with competitive interest rates, leaving investors speechless as it does.
In addition to that, Collateral Network also offers discounts on borrowing and trading fees, access to funds for borrowers within 24 hours, loan approval with no influence on credit files, borderless access to loans, access to private auctions, staking, governance rights, and more.
Lending and borrowing with Collateral Network (COLT) is a super-easy process. Namely, all the borrower needs to do is send their real-world asset, such as a luxury watch, high-end jewelry, a vintage car, fine art, etc., to Collateral Network, and it will take it from them.
When Collateral Network receives the asset, it values it using AI and mints it into a 100% asset-backed NFT. Then, Collateral Network puts the NFT for sale so that lenders can buy fractions of it (fractionalized lending) and receive a fixed-interest weekly payment in return. In the end, when the loan is repaid in full, Collateral Network burns the NFT and returns the asset to the borrower.
At the moment, Collateral Network (COLT) is at its public presale stage and is trading at $0.014, a 40% increase from its initial presale price. Experts predict that Collateral Network will surge even more in prices, expecting a 3500% gain before the presale is over. Also, after the COLT token hits exchanges, experts predict another 100x gains for the token.
Bitcoin (BTC) Mining Not as Profitable as Before
Bitcoin was once the king of all crypto. However, recently, it’s been facing the wrath of the ever-volatile crypto market. And with the recent increase in Bitcoin transaction fees, Bitcoin miners are also seeing an increase in the costs of mining Bitcoin coins. So, more and more Bitcoin miners are starting to turn to other coins for better profits.
Currently, Bitcoin (BTC) is trading at $27,969.11, a 0.23% increase in the last 24 hours. However, the Bitcoin trading volume is down by 20%, which is an indication of the negative sentiments towards Bitcoin at the moment. Lastly, the Bitcoin (BTC) market cap is up 0.24% in the past 24h.
Investors Are Turning to Ethereum Classic (ETC) for Larger Gains
Even though Ethereum Classic has been facing some slumps in price the past few days, Ethereum Classic investors and crypto experts are buying the Ethereum Classic dip in hopes of seeing larger returns later. Namely, Ethereum Classic (ETC) is expected to rise to the $30 mark by the end of 2023, making Ethereum Classic the better choice compared to BTC.
Currently, Ethereum Classic is trading at $18.40 per Ethereum Classic (ETC) token, a 0.13% decrease in the last 24h. The Ethereum Classic (ETC) trading volume is also down by 9.29%, and the Ethereum Classic (ETC) market cap has decreased by 0.16%.
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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