Shiba Inu (SHIB) Price Prediction: Collateral Network (COLT) Surges Ahead of Cardano (ADA) and Gains Attention
Shiba Inu (SHIB) and Cardano (ADA) have recently been highly volatile with mixed trajectories. So, if you doubt whether they’re worth the investment, there are other better options than SHIB and ADA to consider.
For instance, Collateral Network (COLT) is a revolutionary platform that brings a lot of benefits with its native tokens. Even better, the Collateral Network tokens are set for a 3,500% surge before their presale ends.
Collateral Network Tokens Set For A Major Surge In Value
Collateral Network is the first Web 3 peer-to-peer lending platform, which enables you to borrow cryptocurrencies by putting tangible assets as collateral. For example, you can put cars, art, watches, and other jewelry and luxurious items as collateral. What’s more, the funding process is extremely fast, meaning you’ll get the money in under 24 hours.
Imagine you have a valuable watch that is worth $30,000. By putting it as collateral on the Collateral Network platform, you’ll get a short-term loan. More so, the platform mints an NFT representing the asset, further dividing it into smaller segments. Due to this fractional lending, lenders can invest smaller amounts of money at fixed interest rates. Once you put your collateral, it will stay safe in a top-notch secure vault.
Moving on, Collateral Network is a decentralized platform that gives you the opportunity to trade on a platform that doesn’t impose any location restrictions. Additionally, you can also enjoy fee discounts, online auctions, reduced borrowing rates, and a flexible decision-making process.
Probably the best part about the Collateral Network platform is the price of the COLT tokens. More precisely, the Collateral Network tokens gained significant attention from whales and crypto experts as their starting price of $0.01 is now at $0.0201. In addition, crypto analysts expect a surge of 3,500% while the Collateral Network (COLT) tokens are still in presale.
The Future of Shiba Inu
Shiba Inu has been experiencing one negative period of price movement in the previous month. This is the result of the overall crypto market volatility that decreased and affected the Shiba Inu (SHIB) price negatively.
However, there was a turn of events that seemed to end the bearish trend. In the past 24 hours, Shiba Inu has experienced a price increase of 1.70%, reaching $0.00000691. This price boost occurred due to a purchase of 1.5 trillion Shiba Inu coins by the 0x40B3 whale investor. The new Shiba Inu testing platform was a major factor influencing this significant investment.
According to the latest happenings, crypto analysts forecast that Shiba Inu may stay on the bullish run and face even better price increase rates, but only if the Shiba Inu platform is reliable and attracts more investors.
Can Cardano Get On A Bullish Run?
While other cryptocurrencies experience bearish runs of one month, Cardano has been on a downward trajectory for six months. The Cardano bearish run initially began due to a downturn in the overall crypto market. The downward trend continued after the US SEC labeled Cardano as a security.
On a more positive note, although in the last 24 hours, Cardano (ADA) faced a price decline of 0.03% because investors have significantly lost trust, it’s still much better than the previous week’s decline of 6.91%.
Currently, Cardano is worth $0.27. These minor signs of a bullish run are because Cardano recently released the Hydra Head, which is a scaling tool for making transactions faster and reducing costs.
According to experts, if this latest development contributes to the overall Cardano trading volume, there is a significant chance for the Cardano coin to return on track along with its big cryptocurrency competitors.
Find out more about the Collateral Network presale here: