Stacks (STX) At A Downward trend as Investors look at presale projects like Sparklo (SPRK)


Some of the most experienced cryptocurrency traders and investors across the Web3 space know the value of asset diversification. As such, they are consistently on the lookout for new projects that can dominate the space. With the decrease in value surrounding some of the most well-known projects, including Stacks (STX), new projects such as Sparklo have been gaining momentum.

Today, we will go over both of these projects to see why one might be a better option than the other.

Stacks (STX) Sees Massive Decrease of 39.1%

Replit made an announcement on April 20, 2023, surrounding how users can build with the Stacks (STX) layer on Bitcoin directly through its usage.

The Stacks Replit profile will allow users to gain access to code templates, use the Stacks (STX) Connect Starter Kit, and get tutorials.

Based on this, it is clear that the Stacks (STX) ecosystem has begun growing.

Despite the growth, Stacks (STX) is trading at $0.716061 on April 22, 2023.

In the last seven days, Stacks (STX) decreased in value by 18.7%, and in the last 30 days, it decreased by 39.1%. This has left investors worried about its future.

Sparklo (SPRK) To Dominate Across the Precious Metals Investment Space

Sparklo will be the first blockchain platform for making investments that put its specific focus on silver, gold, and platinum.

What this essentially means is that it aims to provide the ability for anyone to make an investment in these precious metals through the usage of blockchain technology whilst also keeping all of the benefits that utilizing the blockchain brings with it.

The main issue with precious metals investing is the lack of accessibility to investing platforms, and as such, Sparklo will create the world’s most accessible platform for any investor, anywhere in the world.

Making The Right Decision

The Sparklo platform will work by minting and then fractionalizing a non-fungible token (NFT) that represents a precious metal. This can be in the form of a gold bar, for example. Investors can then either buy the entire NFT or buy a fraction of it.

Sparklo will also work with jewelry stores to bring their products to market whilst also enabling users early access to these products.

Sparklo is currently at just the level one presale period, where it is only offered at a value of $0.015. Analysts have predicted its growth to reach 40x in the upcoming months, especially as it’s already been audited by the InterFi Network. Its liquidity will also be locked for a total of 100 years, ensuring a high level of security.

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