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Shiba Inu (SHIB)


Shiba Inu (SHIB) follows in the footsteps of Dogecoin (DOGE) as a meme-inspired crypto asset. Shiba Inu (SHIB) was created during the great DeFi bull run of 2021, which saw the price for Shiba Inu (SHIB) skyrocket more than 100x in just two months.


There was no real use case for Shiba Inu (SHIB) when it was first launched. However, the Shiba Inu (SHIB) project now offers a whole ecosystem of tools, including a decentralized exchange, layer-2 protocol, NFT collection and more.


Since the highs of the bull run, SHIB has suffered a huge correction and is currently trading at 13.86% of when it hit $0.00008845 in October 2021. Much of this has been attributed to the market's overall downturn, but adoption for Shiba Inu (SHIB) has also been blamed.

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Neo (NEO)

Neo (NEO) is a smart contract platform that was created in 2014 by Chinese blockchain developer Da Hongfei. Neo (NEO) is considered to be China’s first public blockchain, and Neo (NEO) quickly gained attention due to its unique approach to smart contracts.


In fact, Neo (NEO) was known as the “Ethereum of China” due to its similarity with Ethereum (ETH) in terms of features and smart contracts. However, Neo (NEO) features a dual-token system, as GAS tokens are used for transactions.


However, Neo (NEO) has struggled to gain a strong foothold in the past few years. This can be attributed to China’s strict stance on cryptocurrencies, but also to the lack of real-world applications that are currently being built on top of the Neo (NEO) platform. As such, Collateral Network (COLT) may have a much better chance of staying afloat in the crypto market.


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Collateral Network (COLT)

The main principle of Collateral Network (COLT) is that it allows users to lend and borrow money on a distributed ledger, with no middleman. Borrowers can take out loans and lenders can earn instant interest.


Borrowers must collateralize their loan to be able to qualify for it, meaning they must provide assets such as watches or fine wine. Collateralization isn't a new phenomenon, but Collateral Network (COLT) takes it one step further by allowing borrowers to mint their assets into NFTs that are stored on the blockchain.


NFTs provide many benefits, including the ability for collateral to be broken into small portions, which allows multiple lenders to take part in the same loan. It also increases liquidity for lenders, as they can easily trade out of their investments.


Not only can you reap the benefits of weekly interest payments from the Collateral Network (COLT) platform, but anyone who holds Collateral Network (COLT) tokens will be able to take advantage of additional rewards, including staking rewards, discounts on fees, reduced interest rates, governance voting and more.


As Collateral Network (COLT) moves through its public presale, analysts are predicting it will outgrow Shiba Inu (SHIB) and Neo (NEO) in 2023. The technology behind the Collateral Network (COLT) project is cutting-edge, and the potential for growth is enormous, especially with the crowdlending industry worth a massive $1.5 billion. As this continues to gain in popularity, the COLT token is set for massive 3500% price gains over the next few months.


Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk