Investing in presales is the best way of obtaining long-term profit for a meager price, and our analysts have found the perfect one. Collateral Network (COLT), a stage 1 presale star that aims to disrupt the pawnbroking industry as it becomes a market leader. And with tokens such as Axie Infinity (AXS) and Enjin Coin (ENJ) showing red charts, more and more investors are flocking to this presale phenomenon predicted to bring holders a 35x return.
Axie Infinity (AXS)
In recent news, the company behind Axie Infinity (AXS), Sky Mavis, announced it would expand its Ronin ecosystem by adding four game studios: Bowled.io, Tribes Studio, Bali Games and Directive Games. However, Axie Infinity (AXS) has still not recovered after the $620M Ronin bridge hack, which sank the token.
Axie Infinity (AXS) has been trading for $8.31 with a market cap of $965M, which is a decrease in the last 24 hours. This negative trend is predicted to continue, with the Axie infinity (AXS) trading volume also going down by 19.52% in that same time.
Furthermore, the technical analysis for Axie Infinity (AXS) also paints a dire picture, with all moving averages showing strong sell signals. Although bullish analysts predict that Axie Infinity (AXS) may rise to $10.59 by the end of 2023, Axie Infinity (AXS) has been losing popularity as the monthly player numbers have now dropped from a peak of 2M to just 300K.
Enjin Coin (ENJ)
Recently, Enjin updated its Enjin Wallet with several quality-of-life improvements to Android and iOS versions. However, the exchange coin, Enjin Coin (ENJ), has been struggling this last week, losing 5% of its value.
Enjin Coin (ENJ) has a value of $0.4019, a fall in the past day alone. Not only that but the Enjin Coin (ENJ) trading volume has also been underperforming, as it stands at $24,477,267, down overnight. This could be worrisome for Enjin Coin (ENJ) holders as the selling pressure continues to grow.
With an RSI of 37 and all technical indicators in the red, sentiment around Enjin Coin (ENJ) is currently bearish. This negative trend will continue as experts predict Enjin Coin (ENJ) could fall below $0.35 soon. But, if bulls can take control of Enjin Coin (ENJ) again, some analysts foresee it rising to $0.54 by December 2023.
Collateral Network (COLT)
Collateral Network (COLT) will launch the first decentralized crowdlending platform using blockchain technology for anybody looking to borrow money against off-chain assets, including diamonds, valuable art and classic vehicles.
If you need a loan and own one such item, use it for collateral and send it to Collateral Network (COLT), which will then mint an NFT that represents the physical version of it, making it 100% asset-backed. After a fractionalization process, lenders can purchase these tokens partially – funding the loan for the borrower while lenders receive a fixed weekly interest rate over a certain period of time.
All entities will profit from this hybrid infrastructure model since borrowers will receive money more quickly, specifically a one-day turnaround, and lenders will receive a fixed interest rate weekly. Not only that, Collateral Network (COLT) will have the multi-chain capability – giving you access to different blockchains for a reduced gas fee, all on a single platform.
The COLT token will fuel the Collateral Network (COLT) platform, bringing holders access to auctions for distressed items in the event of borrowers defaulting on the loan repayments back to the lenders, governance, staking rewards and more. The Collateral Network (COLT) native token currently costs only $0.01, but not for long. Experts strongly suspect that COLT will reach a value of $0.35 as the Collateral Network (COLT) presale advances.
Tokens are selling out fast, so don’t be reluctant to join the Collateral Network (COLT) presale now and invest in what some experts feel might completely take over the lending industry and bring you 35x the profit.
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
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
