Arbitrum (ARB) is the latest cryptocurrency to make headlines after its daily trading volume surpassed Bitcoin (BTC). The Layer 2 scaling solution has quickly become an international sensation, growing 16.66% in the past month. Meanwhile, the Collateral Network (COLT) presale saw a 40% price hike.
Arbitrum (ARB) Daily Trading Volume Exceeds $1 Billion
Arbitrum (ARB) is rapidly rising to the top of the cryptocurrency list after huge increases in trading volume and a price surge that took ARB to $1.41. Despite a price drop of 6.46% last week, Arbitrum (ARB) trading volume continues to rise, reaching $1.7 billion on April 18.
In its recent price spikes, Arbitrum (ARB) has outperformed many of the major cryptocurrencies in the market, including Solana (SOL) and Dogecoin (DOGE), which were down 3.87% and 9.80%, respectively, last week. Despite being down 4.85% at the time of writing, Arbitrum (ARB) trading volume continues to rise, with crypto whales doubling their investments.
Collateral Network Presale Demand Surges (COLT)
With Arbitrum (ARB) potentially facing a market correction over the next few weeks, investors are diversifying their portfolios with Collateral Network (COLT), which saw a huge influx of buyers throughout April.
Since starting its presale in February, Collateral Network (COLT) has increased its price by 40%, with one COLT token currently priced at $0.014. The price of the tokens is expected to increase to $0.0168 once 120,000,000 tokens have been sold, which will increase returns for early investors to 68%.
Along with excellent returns, Collateral Network (COLT) is designed as a market disruptor for the crowdlending industry. The platform allows individuals to unlock liquidity from their physical assets by hitting them on-chain as asset-backed NFTs. Once on-chain, each NFT is split so multiple investors/lenders can provide a percentage of the loan instead of the entire payment at once.
Investors are incentivized to lend cryptocurrency with lucrative interest rates that allow them to generate passive income. Alternatively, investors can stake COLT tokens to generate income. Collateral Network (COLT) currently only accepts high value assets including diamonds, vintage maps, artwork, fine wines, real estate and collectibles.
To keep borrowers safe, all transactions are completely private and all NFT data is kept on the blockchain to make it irrefutable. On average, borrowers can liquidate assets within 24 hours and their credit rating will never be affected by the loans they take on their assets.
How to buy COLT
$COLT tokens are selling fast during phase two of the Collateral Network (COLT) presale. They can be purchased using the official website presale portalwith payments being accepted in BTC, ETH, BNB, USDT, SOL, SAND, MANA, DOGE and SHIB.
Conclusion
While Arbitrum (ARB) appears to be collapsing in value, Collateral Network (COLT) is poised to become the next big thing in the market. Showing huge potential and yields of 3500%, experts predict that the project will grow in the next six months.
To learn more about the Collateral Network presale, click 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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