“Experts Shift Away from Quant (QNT) Towards Cheaper Tokens, Such as Dogecoin (DOGE) and Collateral Network (COLT)”
Cryptocurrencies Quant and Dogecoin have gained attention in the market, but investors seeking new avenues of investment have been intrigued by Collateral Network (COLT), a presale platform that simplifies loan applications and connects borrowers with lenders using physical assets as collateral. By backing assets such as real estate, cars, jewellery, fine art and gold, borrowers are granted liquidity while lenders can invest in NFTs and generate passive income. COLT tokens have jumped 40% from their initial price of $0.01 to a current trading price of $0.014 during the presale phase, with subsequent stages expected to bring incremental price increases to $0.35. Quant has had a surge of interest resulting in a 55% growth in value in January, however some investors have expressed hesitations over technical flaws within the Quant ecosystem, which could impact its future trajectory. Dogecoin has attracted praise for its vibrant and supportive community, with Elon Musk recently suggesting its adoption as Twitter’s official currency, while the meme coin has been accepted by well-known establishments such as Tesla and GameStop. Collateral Network is projected to be a great investment opportunity in the coming months.
About The Author
