Cosmos (ATOM), launched in 2019, has experienced various market movements throughout its history. However, the recent rise of a groundbreaking cryptocurrency has investors questioning the future of ATOM as this new token’s growth potential outshines its competitor.
What Is Cosmos (ATOM)?
Cosmos (ATOM) is a decentralized network of parallel blockchains, each powered by the Byzantine Fault-Tolerant (BFT) consensus algorithm.
Its goal is to solve the problem of blockchain interoperability. More precisely, Cosmos (ATOM) enables independent blockchains to communicate with each other, enabling a high volume of cross-chain transactions and applications without network congestion. Thereby, Cosmos (ATOM) eliminates the need for a centralized exchange.
Cosmos (ATOM) comprises several components, including the Cosmos SDK and Tendermint Core consensus engine. Its focus on scalability and interoperability makes it an exciting project for those interested in the cryptocurrency space.
Why Do Investors Choose COLT Over ATOM?
The Cosmos (ATOM) price has recently been showing bullish momentum. It has managed to break a two-month resistance line and enter an accumulation phase.
Yet, analysts have differing opinions on the future of the Cosmos (ATOM) price. Bears warn about the potential sustainability of the current upward momentum of ATOM. And even if it breaks free from its current consolidation phase, bulls expect it could potentially rally by 30%.
And what is 30% compared to a forecasted 3,500% growth potential? No wonder investors are running to Collateral Network (COLT) and leaving Cosmos (ATOM) behind!
If you aren’t yet familiar with it, Collateral Network (COLT) is the first asset-backed lending marketplace for real-world assets on the blockchain; doxxed team and KYC audited.
Collateral Network (COLT) is built on the Ethereum blockchain, yet the company plans to bridge onto additional blockchains to improve transaction speed and reduce gas fees.
In a nutshell, Collateral Network enables borrowers to easily access loans by using physical assets like cars, jewelry or fine wine as collateral. Once an asset is received, it is minted into an NFT then fractionalised, allowing multiple lenders to fund a loan.
While still in its presale, Collateral Network (COLT) has already witnessed a 40% growth during the last few weeks. Moreover, speculation indicates a 3,500% growth potential during presale only and 10,00% once it enters major exchanges, including DEX and CEX.
Can COLT Reach Its 100x Growth Potential on Major Exchanges?
Collateral Network (COLT) is not just a promising token but also a revolutionary project that aims to disrupt the pawnbroking industry and reinvent peer-to-peer lending.
Analysts expect Collateral Network (COLT) to surge 100x, and here’s why:
Financial Benefits for Everyone Involved: Investors receive fixed passive income, while borrowers gain access to fast, affordable, and flexible loans. Both can gain from discounts, either on borrowing fees and interest or trading fees in the marketplace.
Secure, Transparent, and Confidential Transactions: Collateral Network (COLT) mints asset-backed NFTs and stores all contractual information on a public, unalterable blockchain. Borrowing occurs discreetly without affecting credit files.
Global and Borderless Ecosystem: Users can lend and borrow against physical assets worldwide, regardless of their location, through an integrated marketplace.
Exclusive Incentives for COLT Token Holders: Collateral Network (COLT) Investors can enter private auctions of distressed assets, earn passive income through staking, influence project decisions with governance rights, and receive tailored discounts based on their role in the ecosystem.
Conclusion
Collateral Network (COLT) stands out with its profitable returns, groundbreaking technology, and unique incentives for investors, positioning itself as a strong contender in the crypto space and outpacing Cosmos (ATOM) along with many other competitors.
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
