OKB (OKB) and Binance Coin (BNB) Dump While Analysts Expect Massive Gains From Collateral Network (COLT)

OKB (OKB) and Binance Coin (BNB) prices have dropped while attention shifts to Collateral Network (COLT), a revolutionary crowdlending platform leveraging blockchain technology. Collateral Network (COLT) presale started at $0.01, with experts anticipating a 35x during the presale.

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OKB (OKB)

OKB (OKB) dropped 4.3% to $40.24 after OKX, one of the world’s biggest digital asset exchanges, announced OKB (OKB) Chain, a new blockchain project that intends to overcome Ethereum’s scalability issues.

OKB (OKB) Chain is a dual-chain strategy that combines OKT Chain and OKB (OKB) Chain to provide clients a simplified and user-friendly web3 experience. OKB (OKB) Chain V1 is an Ethereum PoA sidechain, OKB (OKB) Chain V2 is an Ethereum-native ZK roll-up platform, and OKB (OKB) Chain V3 is a cross-chain communication solution.

OKB (OKB) will be a fundamental element of the OKB (OKB) Chain ecosystem as the native token, and its value and usefulness are projected to expand after launch.

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Binance Coin (BNB)

BNB (BNB) decreased 7.84% during the previous week. The CEO of Binance, Changpeng Zhao, said that the exchange would convert $1 billion from the Industry Recovery Initiative Fund into several cryptocurrencies, including BNB (BNB) and Bitcoin (BTC).

Due to the changes in stablecoins and banks, Binance opted to convert the remaining BUSD money to native cryptocurrencies, with some BNB (BNB) fund transfers occurring on the blockchain for transparency.

The action can potentially boost the value and usefulness of BNB (BNB), the native cryptocurrency of the Binance ecosystem. Yet, market circumstances and investor mood will ultimately decide BNB’s (BNB) success.

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Collateral Network (COLT)

Collateral Network (COLT) is the first platform for leveraging NFTs to enable crowdlending worldwide. Collateral Network (COLT) users can borrow money against their physical, tangible assets by issuing fractionalized NFTs.

The premise of the platform enables borrowers to secure loans with real valuables, such as cars and watches. Following the authentication of the physical assets, Collateral Network (COLT) mints fully asset-backed NFTs and fractionalizes them into affordable units so lenders can contribute small amounts of money in order to assist borrowers in raising funds for loans and to earn stable passive returns.

By doing this, Collateral Network (COLT) ensures institutional-level liquidity as the borrowers will access a worldwide peer-to-peer loan network. In addition, lenders will get a predetermined weekly income that AI ensures for the best rates.

The presale of Collateral Network (COLT) tokens for $0.01 has started. The experts are optimistic about the project, anticipating a 3500% boost during the presale period to $0.35. Analysts are expecting an eye-watering return once Collateral Network (COLT) is listed on major exchanges, where it has the potential to increase by 100x.

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

Disclaimer : The above is a sponsored article and the views expressed are those of the sponsor/author and do not represent the stand and views of The Tribune editorial in any manner.