The post Quant (QNT) and Dogecoin (DOGE) Holders Have Now Shifted Their Major Portfolio Towards Collateral Network (COLT) appeared first on Coinpedia Fintech News
As the popularity of Collateral Network (COLT) continues to rise with a projected 35x increase, other blockchain holders, including Quant (QNT) and Dogecoin (DOGE), have begun to shift their investment portfolios towards this new project. It reflects the growing confidence and trust in this new entry into the crypto industry.
Quant (QNT) frequent rise and drop in value caused holders to switch; the token price reached $127.90
Quant (QNT) features a system that helps different blockchains communicate with each other. Thus, Quant (QNT) developers can build applications that work across multiple blockchains. In fact, Quant (QNT) can work with any distributed ledger, not just blockchains.
One of the important features of Quant (QNT) is that it integrates into any existing blockchain infrastructure without the need for any modification. This is an impressive feature of Quant (QNT).
However, ongoing market correction has caused Quant (QNT) to face price reversal after reaching its peak value. Quant (QNT) has also been experiencing frequent rise and fall in value, which has become a matter of worry for Quant (QNT) users.
The Quant (QNT) token value is mostly drawn toward downfall. Thus, token holders are considering switching to more stable platforms. Currently, it’s trending at $124.25.
Dogecoin (DOGE) users panic as newly found vulnerabilities surface; the token becomes available at $0.07422
Dogecoin (DOGE) gained traction for its fast block time. Comparatively, it also requires lower transaction fees than big cryptos like Bitcoin (BTC). Dogecoin (DOGE) is a good option for making online tipping, and small payments. However, there has not been much growth in the Dogecoin (DOGE) price, which has made many investors seek newer investment options. Moreover, the recent news on multiple vulnerabilities found in the Dogecoin (DOGE) code base has concerned users.
The platform tasked Halborn to evaluate its open-source codebase to check for any unknown exploits. The engineers found several critical issues across the Dogecoin (DOGE) network. The tested results were reported to the Dogecoin (DOGE) platform’s lead developers. They confirmed the existing problems.
Thus, Dogecoin (DOGE) developers are now working on building patches to fix the issues. This might be the reason why the Dogecoin (DOGE) token’s price is stuck at $0.07422, with no sign of rising in the upcoming months.
Collateral Network (COLT) becomes the savior of investors who are at a loss
Collateral Network (COLT) has attracted massive traction, though it is a new entry into the DeFi arena. It is a decentralized platform that helps the borrowers and lenders of cryptocurrencies. Collateral Network (COLT) has introduced an infrastructure model where people can take loans against physical assets, which traditional banking institutions would not consider.
Suppose a financial need has emerged that requires you to get a loan. Now you have a choice to go to banks and apply for loans. You cannot take loans from banks without going through a mass of paperwork and checks, even if you need a small amount.
Thus, you can take advantage of Collateral Network (COLT). With Collateral Network (COLT), you can take any amount of loan against your watches, vintage cars, diamonds and more at a competitive interest rate. Collateral Network (COLT) mints 1:1 backed, fractionalised NFTs against your assets, which lenders give small amounts of money to in order to fund the loans. It protects lenders’ funds by auctioning borrowers’ physical assets in case they default on their loan repayment.
The ecosystem of Collateral Network (COLT) comprises a marketplace, crowdlending and auctions. COLT is the native token of the Collateral Network (COLT), and its presale holders will get privileges like voting rights, discounts and bonuses. The presale of COLT tokens has started at $0.01, and Collateral Network (COLT) is predicted to rise by at least 35x during this period.
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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