Cryptocurrency traders and investors are on a consistent hunt for altcoins that can provide them with a high level of growth and through which they can properly diversify their holdings and portfolios.
However, not every single one of the over 23,000 cryptocurrencies that are available can maintain their long-term growth and value. For example, as of recently, the Filecoin (FIL) altcoin has been in decline. As such, many have turned towards presale-stage projects, which have historically provided the most significant returns. Today, we will dive into Sparklo, which has managed to grab the most attention within investor circles.
Filecoin (FIL) Decreases by 16.9% and Worries Investors
On May 3, 2023, Filecoin (FIL) made an official post where they went over how Brave announced automatic backups of non-fungible tokens (NFTs) and enhanced support for the FIL cryptocurrency in the Brave Wallet.
Brave Desktop v1.51 introduced NFT pinning to IPFS and simplified Filecoin (FIL) Virtual Machine (FVM) access through FEVM.
Despite the growth of the Filecoin (FIL) ecosystem, the cryptocurrency’s value has been in decline, and as of May 8, 2023, it trades at just $4.81. This means that within the last 30 days, Filecoin (FIL) dipped in value by 16.9%, and in the last week, the decrease was at 11.5%.
With this downward momentum in mind, it is clear why the presale-stage project Sparklo has gained a lot of attention.
Sparklo (SPRK) To Dominate The Web3 Space After Huge Presale Momentum
Sparklo will be a platform that will allow anyone globally to access rare and precious metals, such as silver, gold, or platinum bars.
Specifically, on top of the Sparklo platform, anyone will be able to buy fractions of NFTs or entire NFTs that represent an underlying asset, such as a gold bar.
The non-fungible token (NFT) gets minted, and then it gets fractionalized through the Sparklo platform.
Users can buy a fraction of it in order to gain exposure to the overall market. However, they can also buy the entire NFT, after which they will be able to get the underlying gold bar delivered to them at any location.
Picking The Right Cryptocurrency For Diversification
With the recent decrease in the value of the Filecoin (FIL) altcoin, it is clear that more investors are beginning to diversify their holdings. One of the most notable presale-stage projects to grab the attention of investors is Sparklo.
At its stage-two presale, the SPRK token trades at just $0.019. Moreover, there is a 40% bonus on all purchases made before June 20. This means if an investor bought 1,000 tokens, they would get 400 more as a bonus. Analysts predict a 4,000% jump in value for the SPRK token in the upcoming months. The platform has been audited by the InterFi Network, the liquidity will be locked for 100 years, and the team has completed a KYC procedure.
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
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.
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