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Fantom (FTM) and Shiba Inu (SHIB) have been making news lately but for different reasons. Fantom recently integrated with iMe but is yet to show any gains from the move. Shiba Inu, on the other hand, is losing investors after dropping by over 5% over the last few days.
Meanwhile, it is Collateral Network (COLT) that is stealing the show with impressive gains in its ongoing first stage of presale. Read on to find out why Fantom and Shiba Inu are now flocking to Collateral Network.
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Like most of the other tokens struggling to stay out of the red amidst the May crypto meltdown, Fantom seems to be making every effort to retain its investors. However, the price of FTM has been on a downward trajectory.
At the time of writing, Fantom is trading at $0.39 which is a decline of 5.5% in the last 24 hours. According to data by CoinGecko, Fantom has dropped by 25.8% in the last 30 days.
Fantom recently got a boost when iMe, which is a messaging platform and crypto wallet, launched a new feature that makes it possible to trade FTM on Twitter. The new iMe feature is expected to give FTM a boost but the results are yet to be seen since Fantom is still under pressure having dropped significantly in the last month.
Fantom investors are optimistic of FTM regaining lost glory, especially after the latest developments, but many are wary of the project’s future and have started flocking to Collateral Network which is set to give early investors 3500% returns.
Shiba Inu is currently in a dangerous position. After having enjoyed a surge in April, Shiba Inu has dropped below the critical support level of
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