ADA NFT Sales Increase While COLT Makes Big Gains – CryptoMode

Cardano (ADA) is moving away from sales disasters happening across many blockchains as it experiences incredible sales increases of its NFTs. That beats major tokens like Ethereum, Solana, and Polygon, all of which are seeing a significant drop in sales.

While this is happening, Collateral Network (COLT), a new entrant to the market, is considered the best new altcoin and predicted to grow over 1000% over the next few months.

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Cardano (ADA) sees unprecedented NFT sales increase as others struggle in the same boat

After large increases in NFT sales, Cardano (ADA) is now the fifth largest sales platform in the market. Cardano (ADA) soars past the likes of Ethereum, Polygon and Solana, with a reported sales volume of NFTs of more than $200,000. This represents a 22.05% increase in Cardano (ADA) sales, while all the others experience large declines of more than 20%.

And with the peaks in Cardano (ADA) NFT sales, other Cardano (ADA) metrics are also on the rise. The most popular NFTs that contributed heavily to Cardano’s (ADA) sales include Clay Nation by Clay Mates, The Ape Society, and Zesty Zebras.

The surprising increases in Cardano (ADA) sales instills confidence in the coin and increases the interest of both Cardano (ADA) and other investors.

Collateral Network (COLT) to give 3500% profit

While many prominent altcoins struggle to gain solid ground and stability, Collateral Network has already seen a market-leading price increase of 40% the last days.

Collateral Network is the world’s first peer-to-peer lending platform on the blockchain that offers fractional lending to its users of real-world physical assets. It is set to revolutionize both the crypto and lending industries with its real-world utility, attracting increasing interest from many analysts and crypto experts who believe the project has 100X potential before it is listed on major stock exchanges.

With the Collateral Network, borrowers can leverage their real assets, such as luxury watches, supercars, real estate and gold, to get crypto loans. This is the only lending protocol on the blockchain capable of bringing off-chain assets to the blockchain for users to unlock liquidity from them.

The process starts when a borrower submits the asset to be assessed. Once everything is checked out, an NFT representing the physical object in the digital world is minted and fractionated into pieces, so that more users on the platform can finance the loans, but with a smaller capital outlay (fractional lending) . Each person who finances the loan receives weekly fixed interest payments. Once the loan is repaid, the Collateral Network burns the NFT and returns the asset to the borrower.

According to crypto experts and analysts, thanks to its real-world application and the fact that the asset-backed lending industry is worth trillions of dollars per year, the potential for the price of COLT is enormous. Many expect between 1500% to 3500% but this can be overshadowed when appearing on major DEXs and CEXs.

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