Home News Stand Collateral Network (COLT) Looks Bullish As Axie Infinity (AXS) And Aave (AAVE)...

Collateral Network (COLT) Looks Bullish As Axie Infinity (AXS) And Aave (AAVE) Prices Dragged Down

Collateral Network (COLT) has arguably become the hottest crypto to invest in as it is projected to deliver 3500% profit to its investors in the next few months. No wonder, the presale tokens of Collateral Network (COLT) are selling out faster than expected.

Experts predict that the ongoing bearish outlook of Axie Infinity (AXS) and Aave (AAVE) will further push bulls toward Collateral Network (COLT). Thus, if you have not locked your presale COLT tokens yet, buy them today to earn 35x returns before the presale ends.

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Axie Infinity’s (AXS) Top Executive Resigns

Ronin Wallet, an application which allows users to play Axie Infinity (AXS), has launched a new version of its browser extension. The news was made public by the official Twitter handle of Axie Infinity (AXS) on April 17.

The developer of Axie Infinity (AXS), Sky Mavis, has been pushing for the expansion of the blockchain game for a long time. Recently, Sky Mavis partnered with some creator studios to create an ecosystem around Axie Infinity (AXS).

The news about the browser extension has come just a few days after Axie Infinity’s (AXS) vice president announced that he would be stepping down from his post. The price of Axie Infinity (AXS) is up by 9% on the weekly price chart. At the time of writing, Axie Infinity’s (AXS) trading value is $9.16.

Aave’s (AAVE) Proposal Regarding zkEVM Passes ‘Temperature Check’

Aave’s (AAVE) recent proposal regarding the launch of its Version 3 on zkSync Era Mainnet has passed the ‘temperature check’ vote. Notably, the Aave (AAVE) community carried out the vote to check whether the proposal has support to secure the final approval.

The launch of Aave (AAVE) on zkEVM has already built massive hype around the protocol. Subsequently, the price of Aave (AAVE) has increased by 9% in the past week. At press time, Aave (AAVE) is trading at $69.21. According to Aave (AAVE), zkSync will improve the market standing of the DeFi lending protocol. During the ‘temperature check’, over 99% of Aave (AAVE) holders voted in favor of the proposal.

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Collateral Network (COLT) Is Set To Grow 3500% Bigger

As we have seen in recent months, the traditional lending system has repeatedly failed to meet expectations, as seen with the collapse of various high-level banks and soaring interest rates. The global lending market, in dire need of a disruptive new solution, has had its prayers answered thanks to a world-first, decentralized crowdlending platform – Collateral Network (COLT).

Collateral Network’s (COLT) platform allows users to unlock liquidity against their physical assets like diamonds, fine art, wine, gold, and more. As the world’s first platform to mint NFTs backed by physical assets and subsequently separate them into multiple pieces via fractionalization, Collateral Network (COLT) offers a robust ecosystem that disrupts the traditional pawnbroking and credit industries by allowing the community to fund loans via these NFTs.

In a nutshell, borrowers gain easy access to funds without lengthy credit checks, while lenders can get passive income by investing small amounts of their capital in multiple loans. Not only does this platform answer the myriad issues that have plagued lending for decades, but it also fills the gap left by major bank collapses by allowing borrowers to unlock cash from previously-unusable assets.

The project’s native token, COLT, is available to purchase at $0.014 during the ongoing second stage of the presale. Investors can also generate passive income through staking Collateral Network tokens, and presale COLT holders can gain access to the VIP members club. Holders will also get voting rights, and can access the online auctions of distressed assets.

COLT tokens’ market value is expected to jump by 3500% after their listing on leading crypto exchanges. At press time, you can get a 40% deposit bonus on your COLT purchases.