In the face of recent setbacks and price drops in the crypto space, crypto investors are on the lookout for projects that not only offer promising returns but also have the backing of valuable commodities such as gold. While well-known projects like Terra Classic (LUNC) and Kava (KAVA) may hold potential for future growth, investors are gravitating towards innovative projects like Sparklo, which provides the appeal of NFTs supported by precious metals.
Why Sparklo (SPRK) is the new gold mine
Sparklo is about to reshape the precious metals investment sector with a new blockchain platform. This platform will provide users with the chance to engage in the precious metals market, acquiring either fractional shares or whole quantities represented as unique NFTs. Each NFT will be fully backed by actual platinum, gold, or silver.
To increase trust and ensure transparency, Sparklo’s liquidity will be locked in for a century, stopping any abrupt sell-offs post-launch. The team’s tokens will also be locked for a significant period of 1000 days. Also, Sparklo has had its smart contract audited by the InterFi network and has successfully completed the KYC process.
Through these measures, Sparklo seeks to inspire confidence among its investors and enhance the long-term worth of the project. Presently, Sparklo is holding its second token presale phase, offering the SPRK token at a price of just $0.026 per token. This is a good opportunity for investors to join before the project launches.
Kava (KAVA) price jumps 10% as trading volume surges
At press time, the price of Kava (KAVA) has skyrocketed by 10.79% in the past 24 hours to $1.21. Kava (KAVA) trading volume has also touched $202,497,383, a surge of 429.50% compared to the volume recorded a day earlier. This upswing in the trading activity of Kava (KAVA) indicates a recent surge of interest in the market.
However, the sudden leap in Kava’s (KAVA) price has taken many by surprise, particularly since there have been no major announcements or developments that would typically be associated with such a substantial increase. Perhaps, Kava’s (KAVA) recent price jump could be a temporary occurrence.
Binance to carry out Fetch.ai and Terra Classic (LUNC) upgrades
Binance, the world’s largest crypto exchange, has officially announced its endorsement for the upcoming network upgrades of Fetch.ai (FET) and Terra Classic (LUNC). These upgrades are designed to enhance the functionality and performance of the respective blockchain networks, providing users with greater stability and improved features.
The network upgrade for Terra Classic (LUNC) is scheduled to take place at the Terra Classic block height of 12,902,400. As part of this process, Binance will temporarily halt deposits and withdrawals for Terra Classic (LUNC) and USTC via the Terra Classic network starting from May 23, 2023.
Find out about the Sparklo (SPRK) presale using the links below:
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