Cryptocurrency investment can be a lucrative passive income generator if done correctly. Despite the industry’s recent decline, several crypto projects are giving investors an impressive return on investment, positioning themselves as investment-worthy options.
Over a week, Filecoin (FIL) appreciated by over 20%, while Neo (NEO) increased by over 34%. Within the same timeframe, Collateral Network (COLT) continues to thrive with its token price standing at only $0.01. Let’s take a deeper look at these high-performing tokens.
Filecoin (FIL) Appreciated By 20.59% Amidst A Bearish Market
Filecoin (FIL) is a decentralized storage system designed exclusively for storing the most essential information about humanity. The Filecoin (FIL) team described the project “as an incentive layer for the Interplanetary File System, IPFS, and a peer-to-peer storage network.”
The storage system’s users pay for distribution services and data storage in $FIL, the Filecoin (FIL) project’s utility token.
As an open protocol, Filecoin (FIL) is supported by a blockchain network that records all the commitments the network’s participants make. The Filecoin (FIL) blockchain is based on proof-of-spacetime and proof-of-replication.
$FIL is the Filecoin (FIL) project’s multipurpose utility coin that powers all its processes and the entire Filecoin (FIL) network. Clients can pay for transactions conducted on the platform with the $FIL token as well.
The $FIL token is one of the crypto projects seemingly immune to the industry’s legendary depreciation. Instead, over the past week, Filecoin (FIL) has appreciated by a whopping 20.59%.
Neo (NEO) Impressive Run Continues
Neo (NEO) is another crypto project with an impressive return recently. The “rapidly growing and developing ecosystem” was designed as the foundation for future Internet users. Neo (NEO) is considered a new economy where identities, digitized payments and assets are fused into one.
Continuous development is one of what makes Neo (NEO) unique. Thanks to this feature, Neo (NEO) is not only future-proofed but can also cope with its growing demand.
NEO is one of two Neo (NEO) tokens. It is an investment token that empowers its Neo (NEO) users with governance rights that allow them to participate in issues that concern the blockchain’s improvement.
Neo (NEO) has a maximum supply of 100 million NEO coins and a current circulating supply of over 70 million. To its investors’ delight, Neo (NEO) has appreciated over the past 7 days as it is currently valued at $11.62 per NEO coin.
Collateral Network (COLT) Appreciation Continues Unabated
Collateral Network (COLT) is a crowdlending platform for users to take short-term loans against their assets without using such assets as collateral. Instead, Collateral Network (COLT) users can take non-fungible tokens (NFTs) backed loans against their physical assets from fractional lenders. Besides the uncollateralized loans, Collateral Network (COLT) users can access distressed assets at reduced prices and purchase them far below market values.
COLT is the Collateral Network (COLT) token. It is used for payment of goods and services on Collateral Network (COLT), thereby drawing attention from crypto enthusiasts on the network.
There are currently over 1.4 billion Collateral Network (COLT) tokens in circulation, as the token attracts interest from the cryptocurrency community with its token price of only $0.01 and the token is estimated to appreciate by 35x in 6 months.
Collateral Network (COLT) has consistently appreciated and isn’t showing any signs of slowing down soon. Together with Neo (NEO) and Filecoin (FIL), investors can diversify their portfolios by including these tokens in them.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk