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OKB (OKB) recently experienced a 3.3% gain, primarily driven by the anticipation of Sui’s mainnet launch in Q2 2023. However, Collateral Network (COLT) is poised to overtake with a staggering 3500% gain.
As a blockchain-powered peer-to-peer lending network that enables global borrowers to secure loans against physical assets, Collateral Network (COLT) has drawn significant attention. In its second public presale phase, with a single Collateral Network (COLT) token priced at $0.014, analysts predict a 35x return for investors.
OKB (OKB)
OKB (OKB), the native token of OKX, one of the leading cryptocurrency exchanges, has defied market predictions by continuing to rise despite the recent bankruptcy of FTX, the primary stock exchange.
OKB (OKB) closed the third week of April with a strong gain, gaining 24.4% in the last seven days and 162.11% in the last year. With a market capitalization of $3.18 billion and a 24-hour trading volume of $72.22 million, investors are left wondering why OKB (OKB) has been largely unaffected by market volatility.
One probable reason for OKB’s (OKB) remarkable increase is Sui’s planned mainnet debut in Q2 2023. OKX customers, many of whom own OKB (OKB), received a generous $5,000 in Sui token airdrops. This most certainly increased investor interest, adding to the price increase in OKB (OKB).
Furthermore, OKB (OKB) creator Star Xu recently revealed a new initiative dubbed OKB (OKB) Chain, which has increased investor trust. OKB (OKB) Chain, an Ethereum layer 2 solution, proposes to use sidechains to move to zero-knowledge (ZK) technology. Investors are gradually turning their attention to OKB (OKB) as the news spreads, propelling its stock higher with hopeful hopes.
Overall, the continuous expansion of OKB (OKB) in the midst of market volatility demonstrates the cryptocurrency’s promise. With the forthcoming Sui mainnet launch and the development of OKB (OKB) Chain, it is apparent that this token has a bright future.
Collateral Network (COLT)
Collateral Network (COLT) is a cutting-edge peer-to-peer, Web3 lending platform that allows global borrowers to leverage blockchain tech and real-world assets for loans.
Collateral Network (COLT) receives physical assets from borrowers, such as watches and fine wines, as collateral. The asset is secured in the Collateral Network (COLT) vault and transformed into an NFT representing the tangible asset, which is then divided into fractions.
The fractionalization of NFTs on Collateral Network (COLT) enables borrowers to easily access funds from multiple lenders and in return, lenders benefit from a fixed interest rate and passive income. On Collateral Network, non-fungible tokens (NFTs) always hold an equivalent value to their respective assets and the loan system is not reliant on the borrower’s credit score.
Currently, the public presale of Collateral Network (COLT) is in its second stage. According to expert analysis, Collateral Network (COLT) is projected to experience significant growth of 3500%, resulting in a 35x increase in value for all COLT holders. The current price of COLT tokens is $0.014 per token.
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
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