A common experience among crypto and NFT holders is diversifying their portfolios, especially when they see more promising projects. Collateral Network (COLT) has seen an influx of new investors recently, resulting from a token price of just $0.01, especially from Acrocalypse (ACROC) and CryptoMories (CRYPTOMORIES) holders. Let’s consider why CryptoMories and Acrocalypse holders include COLT in their investment portfolios.
CryptoMories Holders Are Looking For Better Options
CryptoMories (CRYPTOMORIES) is a non-fungible token (NFT) collection with 10,000 minted NFTs. Over 5,000 NFT enthusiasts have invested in CryptoMories, which boasts a market cap of over $2.6 million.
CryptoMories is inspired by a Latin expression, “memento mori,” which literally means “remember you die,” an expression that reminds people that life is short and should be lived to the full. Keeping with the expression that inspired it, CryptoMories is represented by a skull. It’s a collection of 10,000 skeletons, each with unique attributes.
CryptoMories has a total volume of 14,621 ETH and a floor price of 0.2ETH. CRYPTOMORIES holders can enjoy some of the outstanding benefits of investing in the project and its token. Such benefits include Easter eggs and fun games.
Acrocalypse Slow Appreciation Continues
Acrocalypse (ACROC) is another NFT collection whose holders pitch tents with Collateral Network. It is a collection of blockchain-stored digital artwork.
Over 10,000 NFTs make up Acrocalypse, which are space-racing crocs. Acrocalypse holders can assemble their crocs by owning some of these NFTs on the Ethereum blockchain.
Currently, the Acrocalypse project can boast over 2,000 ACROC owners. Within the last 7 days, Acrocalypse NFTs worth over $75k were sold during 207 transactions at an average price of $365.9 per ACROC.
NFT investors can purchase a variety of ACROC at different prices on several platforms, such as OpenSea. As some NFTs continue to dip in value, it seems that Acrocalypse holders have realized that Collateral Network will earn them more gains than ACROC in the long run.
Collateral Network Builds On Its Appreciation
Collateral Network (COLT) has shown the cryptocurrency and NFT community why it is currently one of the most investment-worthy crypto projects and the reason for increasing interest from CryptoMories and Acrocalypse holders.
Collateral Network was designed as a platform for users to access loans backed by their physical properties. This implies they don’t need to forfeit their assets as collateral to take such loans. Rather, the Collateral Network team will create fractional NFTs backed by the borrowers’ assets to give them access to loans from fractional lenders.
Without using their physical assets as collateral, Collateral Network users can easily take loans at a super-fast rate.
COLT is the platform’s native token. Its holders can enjoy tons of benefits that include attractive discounts on transactions performed on the platform, governance rights to vote on the project, and opportunities to earn passively while staking the COLT token.
The total supply of Collateral Network is 1,400,000,000 tokens. For 33 years, holders couldn’t access its locked liquidity pool as a part of the team’s effort to make the project more attractive.
The token’s starting price is $0.01, although experts believe that pales to its projected value of 35x of its current value within the next six months.
Find out more about the Collateral Network presale here: