Within the blockchain space, there are thousands of projects that are consistently aiming to reach the top 100 list in regard to their market capitalization. Few actually manage to pull this off; however, the ones that do provide significant returns to those who got into them early, as was the case with Uniswap (UNI) and Stellar (XLM).
However, savvy investors today know that the most significant returns within the blockchain space are made when they invest in projects that are in their presale period and out of them, Sparklo has managed to grab the most attention.
Sparklo is a new, unique platform that aims to innovate by fundamentally changing the way people look at and invest in precious metals. On top of the platform, anyone can purchase fractions of an NFT that are directly backed by silver, gold, or platinum. However, they can also buy the entire NFT, after which they will be able to take physical delivery of the metal anywhere.
The Sparklo platform is built on top of the Ethereum blockchain and has its own native token, known as SPRK, that follows the ERC-20 token standard. At its current stage-two presale, the SPRK token trades at $0.022; however, there is also a 50% bonus on any purchases of the cryptocurrency.
As for its security, the smart contract behind Sparklo was audited by the InterFi network and its liquidity will be locked for 100 years. The team also completed a KYC verification process and based on research, analysts predict a 1,500% jump in the token’s value before 2023 ends.
Uniswap (UNI) sees a significant 18.6% decrease despite introducing warning flows
The Uniswap (UNI) made two major updates in the past week, which took their social media pages by storm. First, the Uniswap (UNI) team introduced warning flows to enable users the ability to send crypto to smart contract wallets. Next, Uniswap (UNI) also hosted a Labs Research Hour with Professor Ciamac.
Despite the push for the mobile app and the overall growth of the ecosystem, Uniswap (UNI) has been in decline. On May 16, 2023, the cryptocurrency traded at $5.10. In the last 30 days, Uniswap (UNI) decreased in value by 18.6%, worrying investors and traders.
Stellar (XLM) decreases in value by 17.2%
Caroline Young shared what occurred during the Consensus 2023 event in regard to Stellar (XLM) on May 15, 2023. Moreover, the Stellar (XLM) team also showcased how anyone can receive funding for their projects built on Stellar and Soroban. Cheesecake Labs also went over how anyone can tokenize their real-world assets on the Stellar (XLM) Network.
As of May 16, 2023, Stellar (XLM) traded at $0.088068. In the last 30 days, Stellar (XLM) experienced a dip in its value by 17.2%.
Find out about the Sparklo presale using the links below
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