Hedera (HBAR) And Aave (AAVE) Crypto Adopters Are Becoming Early Investors In Collateral Network (COLT)
The crypto world has seen some interesting development in 2023, and all events have made an impact on the market. While cryptos like Hedera (HBAR) and Aave (AAVE) have made a negative impact, the entry of a new project, Collateral Network (COLT), caused the market to go bullish. Collateral Network (COLT) is projected to grow by 3500% during the presale, which is live, and selling out fast.
Hedera (HBAR) Grows In the First Quarter Of 2023
Hedera (HBAR) has registered some convincing growth numbers in the first quarter of 2023. As per the recent report by Messari, the transaction volume on the Hedera network has increased by 40 times in Q1 of 2023.
Additionally, the total value locked of Hedera has also ballooned by 52% since the beginning of 2023. The number of new accounts created on the Hedera (HBAR) network has surged by 170%.
One of the major reasons that have caused a rise in the market standing of Hedera is its growing popularity and recognition. Recently, the U.S. government lauded Hedera for taking steps to promote democratic rights. However, the price of Hedera (HBAR) has tumbled by 19% in the past month. Currently, Hedera (HBAR) is available to trade at $0.0566.
Aave (AAVE) Sees Decline In Number Of Unique Users
The market performance of Aave has been quite inconsistent since the start of the year. Since Aave’s journey in recent months has been full of ups and downs, its price movement has also failed to post any upward movement. The price of Aave (AAVE) has plummeted by 7% in the past month. As a result, Aave (AAVE) is currently changing hands at $68.99.
Notably, the number of unique users on the Aave network has fallen vertically in recent months. Aave recorded over 3,500 unique monthly users in February 2023. However, the latest data shows that Aave has started to gain after the launch of its much-awaited Version 3.
Collateral Network (COLT) Increases Its Footprint With Explosive Growth
Collateral Network is a Web3-based crowdlending platform set to disrupt the lending industry, currently estimated to be worth $4.5 trillion. The platform opens the lending market to a broader range of people, previously not allowed to access the credit industry by obstacles imposed by traditional banking and financial institutions.
Collateral Network allows individuals and SMEs to unlock liquidity against their real-world assets, including fine wines, diamonds, vintage cars, gold, and more, that act as collateral. Collateral Network grants cash within 24 hours without the borrowers having to share their credit history on the platform or undergo complex documentation procedures.
To obtain a loan, Collateral Network provides its crowdlending services across the world. It accurately values assets by running a verification check with the help of an artificial intelligence-based process. Next, the platform mints fractional non-fungible tokens (NFTs) against collateralized assets, enabling investors to buy these fractions in an open marketplace. In return, investors get a weekly passive income.
Since all Collateral Network NFTs are backed by physical assets, their price is bound to stay positive even during a market downfall. On the platform, lenders can become their own banks as they can contribute to multiple loans at the same time.
Fully-audited COLT tokens are built on the Ethereum blockchain. COLT holders will receive several benefits, including staking rewards, discounts, access to private auctions, and voting rights.
The first stage of the Collateral Network presale is live, and its tokens are available at $0.014, with a 40% deposit bonus. The value of a COLT token is projected to surge by 3500% before the presale phase concludes. Moreover, Collateral Network is expected to skyrocket by 100x after getting listed on crypto exchanges.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
The crypto world has seen some interesting development in 2023, and all events have made an impact on the market. While cryptos like Hedera (HBAR) and Aave (AAVE) have made a negative impact, the entry of a new project, Collateral Network (COLT), caused the market to go bullish. Collateral Network (COLT) is projected to grow by 3500% during the presale, which is live, and selling out fast.
Hedera (HBAR) Grows In the First Quarter Of 2023
Hedera (HBAR) has registered some convincing growth numbers in the first quarter of 2023. As per the recent report by Messari, the transaction volume on the Hedera network has increased by 40 times in Q1 of 2023.
Additionally, the total value locked of Hedera has also ballooned by 52% since the beginning of 2023. The number of new accounts created on the Hedera (HBAR) network has surged by 170%.
One of the major reasons that have caused a rise in the market standing of Hedera is its growing popularity and recognition. Recently, the U.S. government lauded Hedera for taking steps to promote democratic rights. However, the price of Hedera (HBAR) has tumbled by 19% in the past month. Currently, Hedera (HBAR) is available to trade at $0.0566.
Aave (AAVE) Sees Decline In Number Of Unique Users
The market performance of Aave has been quite inconsistent since the start of the year. Since Aave’s journey in recent months has been full of ups and downs, its price movement has also failed to post any upward movement. The price of Aave (AAVE) has plummeted by 7% in the past month. As a result, Aave (AAVE) is currently changing hands at $68.99.
Notably, the number of unique users on the Aave network has fallen vertically in recent months. Aave recorded over 3,500 unique monthly users in February 2023. However, the latest data shows that Aave has started to gain after the launch of its much-awaited Version 3.
Collateral Network (COLT) Increases Its Footprint With Explosive Growth
Collateral Network is a Web3-based crowdlending platform set to disrupt the lending industry, currently estimated to be worth $4.5 trillion. The platform opens the lending market to a broader range of people, previously not allowed to access the credit industry by obstacles imposed by traditional banking and financial institutions.
Collateral Network allows individuals and SMEs to unlock liquidity against their real-world assets, including fine wines, diamonds, vintage cars, gold, and more, that act as collateral. Collateral Network grants cash within 24 hours without the borrowers having to share their credit history on the platform or undergo complex documentation procedures.
To obtain a loan, Collateral Network provides its crowdlending services across the world. It accurately values assets by running a verification check with the help of an artificial intelligence-based process. Next, the platform mints fractional non-fungible tokens (NFTs) against collateralized assets, enabling investors to buy these fractions in an open marketplace. In return, investors get a weekly passive income.
Since all Collateral Network NFTs are backed by physical assets, their price is bound to stay positive even during a market downfall. On the platform, lenders can become their own banks as they can contribute to multiple loans at the same time.
Fully-audited COLT tokens are built on the Ethereum blockchain. COLT holders will receive several benefits, including staking rewards, discounts, access to private auctions, and voting rights.
The first stage of the Collateral Network presale is live, and its tokens are available at $0.014, with a 40% deposit bonus. The value of a COLT token is projected to surge by 3500% before the presale phase concludes. Moreover, Collateral Network is expected to skyrocket by 100x after getting listed on crypto exchanges.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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