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HomePress ReleaseBinance Moves Shiba Inu (SHIB) Out Of Innovation Zone And Price Drops 6%, Can Shib Match Collateral Network’s (COLT)...

Binance Moves Shiba Inu (SHIB) Out Of Innovation Zone And Price Drops 6%, Can Shib Match Collateral Network’s (COLT) 35X Price Target?


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Shiba Inu (SHIB), the second largest memecoin on the planet, was moved out of the Binance innovation zone on April 18th. According to the platform, there is now enough confidence behind Shiba Inu (SHIB) to be considered a more stable investment than an innovative one. This unexpectedly caused SHIB) to decline in price, surprising many Shib holders. On the other hand, new DeFi altcoin Collateral Network price increased 40% garnering rave reviews from experts in crypto.


Shiba Inu (SHIB) Price Crashes Over 6% Following Binance Decision

Since it was first founded in 2020, Shiba Inu (SHIB) has always been known as a Dogecoin (DOGE) competitor. While bullish investors believe it could one day match Dogecoin (DOGE), Shiba Inu (SHIB) growth has since slowed.

At the time of writing, in one day, Shiba Inu (SHIB) decreased in price by 3.04%, with one SHIB token selling for $0.0000106.

The 24-hour price chart for Shiba Inu (SHIB). Source: CoinMarketCap

While Shiba Inu (SHIB) decreased by 7.5% in the last week, its competitor, Dogecoin (DOGE), is down 6.5%, which has caused $SHIB transactions to decline. However, over the last seven days, the entire memecoin market has declined, with projects like Apecoin (APE) crashing by 11.20%.

As analysts predict further market declines, Shiba Inu (SHIB) investors need to decide whether or not to sell their tokens or wait out the decline for the next price rally. With Shiba Inu (SHIB) currently innovating with its new Shibarium project, many are choosing to hold in the hope of making returns later in the year.

Collateral Network Token (COLT) Outperforms The Memecoin Market

As leading memecoins begin to fall in price, Collateral Network (COLT) is looking to capitalize following its latest price increase. Still in its presale, Collateral Network aims to disrupt the $trillion lending industry using DeFi technology.

Collateral Network has attracted mass attention from market experts and is highly anticipated by investors due to its real-world use case utility.

Using the platform, individuals can bring their off-chain physical assets on-chain by minting NFTs against these assets and obtaining loans by using them as collateral. Each equity-backed NFT is fractionalized allowing multiple lenders to fund the loan, who in turn generate a passive income based on a fixed rate of interest.

COLT is the native token of the platform. Holders of COLT receive discounts on borrowing fees and interest (as borrowers), for lenders the tokens can be used to obtain discounts on trading fees in the marketplace. The main perk is the exclusive access to the private auctions of distressed assets, where investors on the platform get the opportunity to purchase assets at below market value

The smart contract has been successfully audited by Solid Proof and InterFi Network. Team tokens are locked for 2 years and the liquidity pool will be locked for 33 years ensuring no rug pulls take place.

Collateral Network’s beta presale began with a price of $0.01 and within days increased to $0.014. With a limited supply of tokens and high demand it won’t be long before the price increases again to $0.0168. This rise would represent a 68% return for early investors.


How to Buy COLT

$COLT tokens are available on the presale portal, with one token selling for $0.014. Purchases must be made in cryptocurrency, and accepted cryptocurrencies include BTC, ETH, BNB, USDT, SOL, SAND, MANA, DOGE, and SHIB.


With the memecoin market looking turbulent, investors are looking for greater stability in Collateral Network (COLT). With a price increase imminent and potential returns of 35x, Collateral Network (COLT) has huge potential in the market.

Find out more about the Collateral Network presale here:





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