The global cryptocurrency market is highly unstable, which makes it very difficult for beginners to choose suitable tokens to include in their portfolios.However, amid the bear market, there are still tokens that can beat the market and put more money in your pocket.
Examples of these tokens include Collateral Network (COLT), GateToken (GT), and the XDC Network (XDC).The impressive performance of Collateral Network has made GateToken (GT) and XDC Network (XDC) holders attempt to jump ship to the former’s ecosystem.Read on to find out how the three tokens are faring on the market, and why COLT is set for 3500% returns during presale.
Is GateToken (GT) worth your investment?
GT, the native token of the GateToken ecosystem, is dedicated to asset safety.It’s one of those tokens that stormed the global cryptocurrency market with massive potential, but for the prolonged crypto waves, its performance has plummeted significantly.GateToken (GT) investors are already planning to jump ship to a more viable project like Collateral Network (COLT).
In a bid to raise the token’s performance, the GateToken developmental team plans to partner with social influencers to attract both retail and institutional investors to its network.The GateToken (GT) ecosystem was designed to offer blockchain asset safety even after private keys are compromised.
Experts believe that GateToken (GT) is not the best asset to invest in at the moment due to the uncertainty of the crypto market.Plus, the project doesn’t have a unique business model to attract investors.
At press time, GateToken (GT) trades for $3.39 USD with a 24-hour trading volume of $693,801 USD.
What lies ahead for the XDC Network (XDC)?
The prolonged bearish rating that affected major tokens like Bitcoin (BTC) and Ethereum (ETH) also affected other altcoins, including the XDC Network (XDC).
The XDC Network (XDC) team has been working round the clock to correct the negative sentiment that the bearish market has brought upon XDC Network (XDC).Whether or not the efforts of the team will pay off remains for prosperity to handle.
Formerly known as XinFin Network, the XDC Network is an enterprise-grade blockchain that’s equipped with interoperable smart contracts.The XDC Network project reaches consensus through a delegated proof-of-stake (dPoS) mechanism to guarantee near zero gas fees, two-second transaction time, and over 2,000 transactions per second (TPS).
At press time, XDC Network (XDC) trades for $0.026882 USD with a 24-hour trading volume of $2,632,170 USD.
Collateral Network (COLT) aims the top 10 spot
Collateral Network (COLT) has performed creditably well in the last month.Starting at $0.01 in its ongoing presale, experts predict that Collateral Network (COLT) will surge by 35x.
Collateral Network (COLT) is the world’s first decentralized crowdlending platform that gives loans to borrowers at a competitive interest rate and flexible repayment method.So, instead of completely selling off your assets to raise funds to settle unplanned expenses, you can raise funds via Collateral Network (COLT) at a competitive interest rate.Your physical assets will serve as collateral; hence, the project’s name.
This revolutionary platform cuts away much of the difficulty and hassle with receiving a loan, and allows borrowers to unlock cash from their physical assets whilst lenders can charge a fixed interest rate by fractionally owning the NFT that is minted to represent the borrowers assets.
Unlike other projects on the Ethereum blockchain, Collateral Network (COLT) comes with a high level of transparency, flexibility, and accountability.
Find out more about the Collateral Network presale here:
Website:
https://www.collateralnetwork.io/
Telegram:
Twitter:
https://twitter.com/Collateralnwk
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