One of the largest altcoins, in regard to both its market capitalization as well as its ecosystem, is Ethereum (ETH).
As such, historically, many have run towards the specific blockchain and coin as a means of profiting from their investments. Its recent drop, however, has prompted investors to look elsewhere. Savvy ones know that the true value in the Web3 space can be found in presale stage projects and one project that managed to grab a lot of attention is Sparklo. Today, we will be exploring exactly why this might be the case.
Ethereum (ETH) experiences a 7% decline in value after Q2 roadmap announcement
Last month, Ethereum (ETH) made waves across the blockchain space with the Shanghai hard fork, which finally enabled stakers the opportunity to make withdrawals. Then, the team also announced the Q2 roadmap, where they went over some of the most notable changes coming to the Ethereum (ETH) network.
On May 12, 2023, Ethereum (ETH) traded at $1,767.18 Within the last two weeks, it dropped by just 7.4% and in the last week alone, its drop was at just 7%. This means that Ethereum (ETH) is not seeing a significant level of loss. As such, investors are feeling confined to diversifying their holdings and aside from Ethereum (ETH), they are looking at alternative cryptocurrencies as well.
Sparklo (SPRK) to introduce fractional NFT ownership over gold, silver and platinum
Sparklo is an innovative, alternative investment platform that will enable anyone the opportunity to jump into the space of precious metals. On top of Sparklo, anyone can begin making investments in silver, gold, or platinum bars.
The network will mint non-fungible tokens (NFTs) that will then get fractionalized. This means that an investor can buy 100% of an NFT, where they can get the underlying gold bar delivered to them at any location, or they can just buy a fraction of it in order to get exposure to the asset class in question.
During its stage two presale period, the SPRK token trades at just $0.022. It’s been audited by the InterFi Network and the team has already completed the KYC procedure. Analysts also predict a 1,500% jump in its value by the end of 2023 and as such, the cryptocurrency provides a solid opportunity. The liquidity behind the platform will also be locked for a total of 100 years in order to prevent a rug pull.
Getting the most out of the web3 space in 2023
The best way to get the most out of the Web3 space, as most experienced investors know, is to get into projects that are in their presale period and Sparklo has been on top of that list.
After a lot of conducted research, we believe that Sparklo represents one of the best investment opportunities for 2023, as it provides anyone access to the precious metals asset class, whilst also providing solid returns and growth with its native token, SPRK. Anyone can buy SPRK at the links below.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.