Over 23,700 cryptocurrencies have entered the blockchain space so far, and as such, it has been more difficult than ever before for investors and traders to make a choice when it comes to what to diversify with.
However, by following the overall market trend, they can get get a higher perspective as to which direction the broader blockchain space is heading.
While some of the most notable cryptocurrencies, including Polygon (MATIC) and Polkadot (DOT), have begun decreasing in value, investors and traders are eyeing the presale-stage project known as Sparklo. Today, we will go over how all of these projects have performed to see why.
Sparklo (SPRK) Introduces Fractional NFT Investments in Gold, Silver, and Platinum
Sparklo will be an investment platform aiming to enable anyone the opportunity to begin making investments in silver, gold, and even platinum.
Every investment that occurs on top of the Sparklo platform will result in the creation of a non-fungible token (NFT) that is then fractionalized.
What this means is that users can have the opportunity to either buy an entire NFT or buy a fraction of the NFT and, as such, can gain exposure to the underlying asset, which can be a gold, silver, or platinum bar. The Sparklo platform has been audited by the InterFi network, and its liquidity will be locked for 100 years.
As for the level one presale, the value of the SPRK cryptocurrency is at just $0.017. Analysts predict that its value can increase by 4,000% within the following months.
As most experienced investors within the Web3 space know, getting into the early stages of a project is typically where significant gains can be made, and as such, we highly recommend checking out Sparklo.
Polygon (MATIC) With an Uncertain Future After a Drop of 12.8%
On April 28, 2023, Polygon (MATIC) explained how Polygon Miden extends Ethereum’s feature set to allow for novel applications. The team behind Polygon (MATIC) also showcased how anyone can Bridget to the Polygon zkEVM Mainnet Beta within a few simple steps.
As for the value of the Polygon (MATIC) cryptocurrency, as of April 29, 2023, it traded at $1.01. Within the last 30 days, Polygon (MATIC) decreased in value by 9.9%. In the last two weeks, however, the cryptocurrency decreased in value by 12.8%. With this bearish performance of Polygon (MATIC), it is clear why investors have begun to diversify.
Polkadot (DOT) Dips by 11% and Leaves Investors Worried
Polkadot (DOT) was a part of the Consensus 2023 event with over 20 ecosystem projects.
The team behind Polkadot (DOT) also launched the Polkadot Deep Dive Educational Session to enable ecosystem participants the opportunity to learn about FRAME pallets and Substrate tooling.
However, the value of Polkadot (DOT) on April 29, 2023, was at $6. Within the last 30 days, Polkadot (DOT) decreased in value by 3.1%. In the last two weeks, Polkadot (DOT) declined in value by 11%, worrying investors.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
