Chainlink (LINK), a major decentralized oracle network, is set to host its largest-ever hackathon, potentially leading to a 10% price increase. However, investors are turning their attention to Collateral Network (COLT), a disruptive Web3 challenger lender, offering a staggering 35x gains. As Collateral Network’s
(COLT) second presale round begins, experts predict a rapid growth from $0.014 to $0.35 in just five months, making it an attractive investment option.
Chainlink (LINK)
From April 28 to June 9, 2023, Chainlink (LINK), a major decentralized oracle network, will host its largest-ever hackathon. Experts expect that this occurrence will raise the price of Chainlink (LINK). At the time of writing, Chainlink (LINK) is trading at $7.53, with a market valuation of $3.90 billion and a 24-hour volume of $406.89 million. The price of Chainlink (LINK) has risen by 0.92% in the last day as anticipation for the hackathon grows.
Hackathon Spring 2023 provides tremendous prospects for Web3 developers, with a prize pool of $450,000 (and increasing). Participants will create unique dApps showing the platform’s potential utilizing Chainlink (LINK) technology.
Chainlink (LINK) is the industry standard for Oracle services, allowing hybrid smart contracts to be powered on any blockchain. Oracle Chainlink (LINK) networks provide safe access to external APIs and off-chain calculations for a wide range of applications.
Chainlink (LINK) is critical in safeguarding billions of dollars in the DeFi, insurance, gambling, and other businesses. For global organizations and key data suppliers, the platform also serves as a common gateway to all blockchains. Chainlink (LINK) is investigating NFT lending, renting, and the effect on GameFi.
Chainlink (LINK) has lately regained its March losses and is aiming toward pre-FTX levels. However, increasing short-term selling pressure may cause issues for Chainlink (LINK) in the coming weeks, necessitating close monitoring of market events.
Collateral Network (COLT)
Collateral Network (COLT) is disrupting the lending sector by establishing itself as the leading Web3 challenger lender. Collateral Network (COLT) facilitates the loan process using tangible assets on the blockchain.
Collateral Network (COLT) allows the pledging of diverse assets, including real estate, luxury watches, art, vintage cars, rare whiskeys, collectibles, jewelry, and fine wines, as collateral for loans.
Anyone can leverage Collateral Network (COLT) to obtain loans, minting NFTs backed by their tangible assets. As a result of the fractionalization of the NFTs, various parties can fund the loan and earn a predetermined interest rate.
Fractionalization allows multiple backers to support one loan, granting more flexibility and institutional-level liquidity.
The Collateral Network (COLT) ecosystem is fueled by the Collateral Network (COLT) native token. Holders of Collateral Network (COLT) tokens will have the opportunity to engage in staking, enjoy decreased borrowing and trading fees, obtain VIP status, and gain governance benefits.
Only for a brief period of time, the presale phase offers Collateral Network (COLT) tokens for $0.014. Analysts predict that even if the presale is still in its early stages, it will reach $0.35 in the next five months, representing a staggering 3500% return from its original price of $0.01.
If you want to invest in Collateral Network (COLT) early on, now is your opportunity. According to experts, Collateral Network (COLT) has all it needs to dominate the lending market.
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
