Investors and traders are beginning to lose trust in centralized institutions after many banks began to collapse and after FIAT currencies began becoming uncertain in regards to their value stability.
With the high inflation rate, many have turned towards the Web3 space. A notable cryptocurrency initially was Chiliz (CHZ); however, with its recent decrease, many have turned to projects that are currently in their presale period. One notable project has been Sparklo and today, we will be exploring why this has been the case.
Chiliz (CHZ) dips in value by 17.3% in the last week
Chiliz (CHZ) was initially one of the most exciting platforms in the sports industry and they even announced the public launch of a new public Sports Blockchain on May 10, 2023. Moreover, the Sevilla Fútbol Club’s fan token, known as SEVILLA, got listed on ChilizX.
It is clear that the Chiliz (CHZ) ecosystem is thriving. However, the value of its native cryptocurrency is not. As of May 12, 2023, Chiliz (CHZ) traded at $0.106733. Within the last 30 days, Chiliz (CHZ) decreased by 16.6% and in the last week alone, it dropped by 17.3%.
Sparklo (SPRK) gains massive stage-two presale momentum and sees growth
Sparklo will be a platform on top of which anyone will gain the opportunity to invest in alternative asset classes. Specifically, they will gain the opportunity to make their way into investments in silver, gold and platinum.
What this means is that through the usage of Sparklo, anyone can make fractional investments in non-fungible tokens (NFTs) that are backed by real-world precious metal bars, for example: They can either buy a fraction of the precious metal bar or buy the entire NFT. At the point in time when they do buy the entire NFT, they can then get it delivered to them at any location.
The Sparklo cryptocurrency has sparked a lot of interest as a result. During its second-stage presale period, SPRK trades at just $0.022. The platform was also audited by the InterFi network and the team also underwent and passed a KYC procedure. The liquidity behind Sparklo will be locked for a total of 100 years. It provides a unique opportunity for investors and traders.
The right move ahead
With the recent decrease in the value of the Chiliz (CHZ) cryptocurrency, it is clear that many investors and traders are moving towards presale-stage projects.
Analysts have predicted that the SPRK token has the potential to grow in value by 1,500% throughout the following months and, as such, provides a unique opportunity for investors as well as traders. After pouring in a lot of time and research into the Sparklo project, we believe that it can be one of the most significant altcoins to follow in 2023 and any investor can get into the project at the links below to diversify their holdings.
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
