Chiliz (CHZ) is a unique cryptocurrency designed to combine DeFi and sports. Upon release, many investors expected Chiliz (CHZ) to become the next big thing. However, its growth has been turbulent over the past few years. This has caused many investors to look for alternative options, with one revolutionary new coin quickly growing in popularity.
What is Chiliz (CHZ)?
Chiliz (CHZ) is the native cryptocurrency of the DeFi platform Socios.com. Socios.com is designed to bring sports fans closer to their favorite teams, offering a number of lucrative ways to enhance their experience. They’ve partnered with teams and sports brands worldwide, allowing Chiliz (CHZ) holders to use crypto to make payments, win giveaways, and meet team members.
Chiliz (CHZ) was released in 2018 and gained significant traction in 2021, hitting an all-time high of $0.8786. This price rise resulted in several new partnerships, including brands such as the UFC and Racing Club. However, Chiliz (CHZ) crashed significantly during the latest bear market, which caused many investors to sell their tokens.
Nonetheless, Chiliz (CHZ) rebounded in April, hitting highs of $0.14 before decreasing to $0.1276 in the past week. As much of the market declines, Chiliz’s (CHZ) trading volume has dropped as investors look to boost their portfolios elsewhere.
What Is The Revolutionary Coin Investors Are Excited About?
Although the Chiliz (CHZ) rebound has been good for investors, recent market trends have set it back. This revolutionary new project, however, is likely to increase 35x over the next two quarters, offering huge returns for bullish investors.
The project, called Collateral Network (COLT), is designed to reinvent peer-to-peer lending with DeFi technology. Collateral Network (COLT) lets users borrow against real-world physical assets, which would normally be hard to liquidate.
Assets are brought on-chain by minting them as NFTs. Previously, the borrower has sent the physical asset to Collateral Network (COLT), which stores the asset in a vault for the duration of the loan.
Once created, each NFT is fractionalized, allowing several investors to become lenders instead of one needing to provide the full loan. To attract as many lenders as possible, lenders will receive a fixed interest rate for their loans, essentially working as their own banks.
In the last month, Collateral Network (COLT) has increased in price by 40% to $0.014. Investors who buy now the COLT token will be granted access to exclusive auctions and will also receive staking bonuses.
Led by experienced Crypto Developers, Collateral Network has passed through an audit by InterFi Network, and a KYC. Moreover, the platform will lock in team tokens for 2 years and liquidity for 33 years. All these measures ensure the security and safety of the platform.
Early investors will benefit from the COLT token’s upward mobility. Presently, its presale price stands at $0.014 but with the demand will not remain at this price for long. Don’t miss out!
How Does Collateral Network (COLT) Stand Out In The Market?
Collateral Network (COLT) completely revolutionizes the crowdlending market. The project offers a safe way for individuals to liquidate their assets with 2FA security options, and all asset data is stored on-chain.
Additionally, Collateral Network (COLT)’s loans never impact the borrower’s credit and can be used to unlock the cash in just 24 hours. Once the loan has been repaid, Collateral Network (COLT) will return the borrower’s asset. If a borrower defaults to return the loan and interest, the platform sells it to recover the cash.
Conclusion
With a predicted price increase of 3500%, investors eagerly await the next Collateral Network (COLT) price increase. As projects like Chiliz (CHZ) remain turbulent, $COLT will likely become a top presale token offering stability and great returns.
If you wish to purchase the $COLT token for only $0.014, follow the links below and take advantage of this unique opportunity to earn an extra 40% purchase bonus on your investment!
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