Meanwhile, a newly launched project known as Collateral Network (COLT) is attracting all the major investors’ interest during its presale.

Collateral Network (COLT) has received an overwhelming welcome from the crypto community. Experts predict the price of Collateral Network (COLT) to surge by 3500% in the near future.

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Shiba Inu (SHIB)


After having begun the year on a bullish trend, Shiba Inu (SHIB) is experiencing a value decline and is currently struggling to regain momentum.

Shiba Inu (SHIB) has hit a 6-week low due to the current market downturn that started in March. Last week the price of Shiba Inu (SHIB) dropped to $0.00001104 having hit a peak of $0.0001219 last Thursday.

The decline saw Shiba Inu (SHIB) fall below its major support level of $0.00001130, which is the lowest that Shiba Inu (SHIB) has dropped since 25th January.

In the last 7 days, Shiba Inu (SHIB) has dropped by close to 14% which indicates a bearish short-term trend for the SHIB coin.

Fortunately, Shiba Inu (SHIB) is expected to start seeing increased trading activity. Shiba Inu’s (SHIB) trading volume is anticipated to surge with the launch of Shibarium, which is Shiba Inu’s (SHIB) layer-2 scaling solution.


Monero (XMR)


Monero (XMR) is another popular token that is currently fighting to regain ground after a recent decline in value. Monero (XMR) is a well-known blockchain initiative that champions internet privacy. Monero (XMR) diverged from the Bitcoin open-book approach of publicly displaying transactions. Monero (XMR) has a closed policy that makes it impossible to track a user’s payments.

Monero (XMR) uses stealth addresses and single-use addresses for each transaction to improve anonymity and total decentralization. In a world where privacy has become a major concern for every internet user, Monero (XMR) enjoyed significant adoption and growth after it was launched. In the 2021 bull market, the value of Monero (XMR) rose by 1000%.

However, in recent times, Monero (XMR) has stagnated in terms of adoption. This has led to the current low performance of this token in the market. The price of Monero (XMR) has remained 30% lower for the past year.

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Collateral Network (COLT)


While Shiba Inu (SHIB) and Monero (XMR) are still struggling to find momentum, Collateral Network (COLT) is doing great in presale.

Collateral Network (COLT) is a decentralized crowdlending project that is bound to revolutionize the traditional lending industry. Collateral Network (COLT) allows anyone in any place in the world to unlock funds from the physical assets that he or she owns and borrow funds from a community of lenders without having to sell the assets.

On the Collateral Network platform, individuals can mint physical assets into NFTs that can be used as collateral to borrow funds from multiple lenders. Some examples of usable assets include watches, fine art, cars, real estate and precious metals.

These asset-backed NFTs are then fractionalized to enable multiple lenders to fund the loan.

The Collateral Network (COLT) ecosystem is powered by the COLT token which grants holders various benefits ranging from staking to governance rights and more. The COLT token is currently in presale which began at $0.01 and now is priced at $0.014. The price of the Collateral Network (COLT) token is projected to grow by 3500% before launching on public exchanges, so investors are swarming this presale to get involved ahead of its forecasted 35x returns.

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