Cosmos (ATOM) and Uniswap (UNI) are currently struggling alongside some other cryptos that have dropped in value recently. However, Collateral Network (COLT), with an expected 3500% growth, enjoys its consistent appreciation and seems unbothered by the bearish market. Let’s see why COLT outperforms UNI and ATOM.
Cosmos (ATOM) Fails to Keep Up
Cosmos (ATOM) prides itself on solving some of the blockchain industry’s ‘hardest problems,’ such as high cost, unimpressive scalability, slow speed, and poor environmental friendliness.
Over 24 hours, ATOM recorded a trading volume of $99,746,586 and is currently valued at $11.31 after depreciating by 4.18% in a day. Listed at number 21 on CoinMarketCap, ATOM has a live market of over $3.2 billion and a circulating supply of a little under 290 million ATOM coins.
Prospective Cosmos investors can purchase the coin at the current price on supported cryptocurrency exchanges such as KuCoin, Kran, Binance, Coinbase, etc.
Uniswap (UNI) Crashes Further
Uniswap (UNI) is a decentralized trading protocol designed to facilitate the ‘automated trading of decentralized finance (DeFi) tokens.’ The objective is to automate token trading and open it to all token holders while improving trading efficiency on traditional cryptocurrency exchanges.
Uniswap is traded at a live price of $5.40 with an impressive 24-hour trading volume of over $45 million. Its live price shows a 4.07% depreciation in 24 hours. UNI has a live market cap of over $3 billion, a circulation supply of 577.5 million UNI coins, and a maximum supply of one billion UNI coins.
UNI peaked at $44.97 on May 3, 2021, and has lost 88% of its value. Investors still interested in the coin can purchase it on cryptocurrency exchanges like Coinbase, Binance, Bitrue, and others.
Collateral Network (COLT) Continues its Impressive Run
Collateral Network is a relatively new cryptocurrency project whose impressive run attracts investors from around the globe. The crowdlending platform is currently at the presale stage and justifies investors’ confidence.
Collateral Network is a crypto platform designed to help users unlock liquidity without the obstacles and impediments employed by traditional banks and financial entities. Users can unlock liquidity using their valuable physical assets, such as cars, real estate, luxury watches, and fine art, and Collateral Network mints a fractionalized NFT against borrowers’ assets. Investors can invest in the NFTs as fractional lenders to raise funds for the borrowers.
Besides helping users to raise funds effortlessly, the Collateral Network ecosystem offers several incentives, such as passive income-earning opportunities through token staking, governance rights, access to auctions of distressed items, and attractive discounts on transactions done on the platform.
COLT is Collateral Network’s utility token for transactions on the network. COLT, currently in its presale phase, started at $0.01 and has already increased by 40% to a selling price of $0.014. Over 1.4 billion tokens (38% of the total) are available for purchase during the presale.
The team invites cryptocurrency investors to take advantage of the ongoing presale to invest in the project, which is currently offering a 40% deposit bonus and is predicted to grow by 3500% before being listed in major exchanges. To learn more about Collateral Network, see the links below.
For more information on Collateral Network visit the website, join the presale or join the community for regular updates.
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
