Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
The post Arbitrum (ARB) Transactions Surpass Bitcoin, At The Cost Of Sky-High Fees – Collateral Network (COLT) Presale Sees Rapidly-Surging Demand appeared first on Coinpedia Fintech News Arbitrum (ARB) is […]
The post Arbitrum (ARB) Transactions Surpass Bitcoin, At The Cost Of Sky-High Fees – Collateral Network (COLT) Presale Sees Rapidly-Surging Demand appeared first on Coinpedia Fintech News
Arbitrum (ARB) is the latest cryptocurrency to make headlines after its daily trading volume passed Bitcoin (BTC). The Layer 2 scaling solution has quickly become an international sensation, rising by 16.66% in the last month. Meanwhile, the Collateral Network (COLT) presale has experienced a 40% price jump.
Arbitrum (ARB) is quickly rising up the top cryptocurrency list after huge surges in trading volume and a price increase that has taken ARB to $1.41. Despite a price decrease of 6.46% in the last week, Arbitrum (ARB) trading volume continues to rise, hitting $1.7 billion on April 18.
The 24-hour price chart for Arbitrum (ARB). Source: CoinMarketCap
During its recent price spikes, Arbitrum (ARB) has outperformed many of the market’s top cryptocurrencies, including Solana (SOL) and Dogecoin (DOGE), which have decreased by 3.87% and 9.80%, respectively, in the last week. Despite decreasing by 4.85% at the time of writing, Arbitrum (ARB) trading volume continues to rise, with crypto whales doubling their investments.
With Arbitrum (ARB) potentially facing a market correction over the next few weeks, investors are diversifying their portfolios with Collateral Network (COLT), which has seen a huge influx of buyers throughout April.
Since its presale started in February, Collateral Network (COLT) has increased in price by 40%, with one COLT token currently priced at $0.014. Tokens are expected to rise in price to $0.0168 once 120,000,000 tokens have been sold, increasing returns for early investors to 68%.
Aside from great returns, Collateral Network (COLT) is designed as a market disruptor for the crowdlending industry. The platform lets individuals unlock liquidity from their physical assets by minting them on-chain as asset-backed NFTs. Once on-chain, each NFT is fractionalized so multiple investors/lenders can provide a percentage of the loan instead of the whole payment in one go.
Investors are incentivized to loan cryptocurrency with lucrative interest rates that allow them to generate a passive income. Alternatively, investors can stake COLT tokens to generate revenue. Collateral Network (COLT) currently only accepts high-value assets, including diamonds, vintage cards, fine art, fine wines, real estate, and collectibles.
To keep borrowers safe, all transactions are completely private, and all NFT data is kept on the blockchain to make it irrefutable. On average, borrowers can liquidate assets in 24 hours, and their credit rating will never be impacted by the loans they take against their assets.
$COLT tokens are quickly selling out during phase two of the Collateral Network (COLT) presale. They can be purchased using the official presale portal, with payments being accepted in BTC, ETH, BNB, USDT, SOL, SAND, MANA, DOGE, and SHIB.
As Arbitrum (ARB) appears to be crashing in value, Collateral Network (COLT) is on track to become the next big project in the market. Showcasing huge potential and returns of 3500%, experts predict the project to surge in the next six months.
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
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. Coinpedia should not be held responsible for image copyright issues.
Contact us if you have any issues or concerns. Readers should do their own research before taking any actions related to the company.
