A sound understanding of the market is necessary to post significant gains. This article will help you analyze the market standings of Cosmos (ATOM), and The Sandbox (SAND).
However, a new project, Collateral Network (COLT), has stunned all analysts with its presale growth projections. Market experts have already predicted that the price of the project will ascend by 35x in the upcoming months. The presale of Collateral Network (COLT) has raised about $240k in just a few days.
As Cosmos (ATOM) is set to launch its v9-Lambda upgrade on the network, on March 15, crypto enthusiasts are closely monitoring the development. The most striking feature of the recent upgrade by Cosmos (ATOM) is interchain security.
This feature will allow blockchains in the Cosmos (ATOM) ecosystem to share validation resources to improve security. The price movement of Cosmos (ATOM) has been 3% up on the daily chart.
However, the price of Cosmos (ATOM) has fallen by 19% in the last month. Currently, Cosmos (ATOM) trades at $11.19, which is 75% below its all-time high of $44.70. Cosmos (ATOM) is also referred to as an “Internet of blockchains.”
Cosmos (ATOM) establishes a unified network of different blockchain platforms to enable them to communicate with each other efficiently, without any central command.
The Sandbox (SAND) recently suffered a data breach, leaving its users concerned about their digital assets on the network.
According to The Sandbox (SAND), an authorized third party gained access to one of the employees’ computers and sent phishing emails to some users.
The Sandbox (SAND) has already been in the red, and the recent security breach can hurt it more. The Sandbox (SAND) is a virtual world allowing users to create, and trade digital assets in the form of a game.
The Sandbox (SAND) was launched as an immersive metaverse gaming platform that allows gamers to own and trade their in-game assets. Meanwhile, the price of The Sandbox (SAND) has fallen by 29% in the past 30 days. Currently, The Sandbox (SAND) is available to trade at $0.53, which is 94% below its all-time high of $8.44.
Collateral Network (COLT) is a DeFi crowdlending platform that caters to the needs of lenders and borrowers globally.
No longer do borrowers need to suffer long wait times and credit checks. Collateral Network (COLT) mints NFTs against the physical assets owned by borrowers. The list of these assets includes real estate, fine art, vintage cars, gold, fine wines, watches, diamonds, and collectables. Lenders can fund the loan via these NFTs and earn a fixed rate of interest.
Collateral Network (COLT) has disrupted the lending industry and launched a novel method for loans. Collateral Network (COLT) is also free of geographical boundaries. It is a permissionless and borderless platform with institutional-level liquidity.
COLT tokens will fuel the ecosystem of the Collateral Network, which includes three elements. Presale COLT holders will also get many benefits, including governance rights on important matters, discounts on borrowing and trading fees, staking, and access to the VIP members club.
With the starting price of $0.01, the presale of COLT tokens has begun with forecasts of a 35x price surge over the coming weeks – a very exciting prospect for investors marketwide.
Find out more about the Collateral Network presale here:
Twitter: https://twitter.com/Collateralnwk
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