The post Hedera Underwhelms With Slow Performance, While Sparklo’s Presale Sees Massive Movement appeared first on Coinpedia Fintech News
Cryptocurrency traders and investors are diversifying consistently with altcoins. One of the most notable examples of this has been Hedera (HBAR), however, even that altcoin has recently underperformed.
Across investor circles, a new project has gained a lot of attention, and that’s Sparklo with its fractionalized NFT capabilities of investing in gold, silver or platinum.
Hedera (HBAR) Dips in Value
Hedera (HBAR) made waves with its announcement that over 7 billion transactions were made on top of its mainnet. The new Hedera (HBAR) Decentralized Finance (DeFi) use-case page also went live, showcasing the various functionalities of the network.
The Hedera (HBAR) cryptocurrency was trading at $0.063429 on April 20, 2023. In the last 24 hours, the cryptocurrency entered the red zone with a decrease of 0.3%, and its overall decrease in the last two weeks was at 5.6%.
If Hedera (HBAR) carries on with this momentum, its decline percentage can increase, and it could head towards a bearish run. With this downward trend of Hedera (HBAR), investors and traders have begun diversifying.
Sparklo (SPRK) Surprises WIth Presale Momentum
Sparklo will become the go-to location on top of the Web3 space, where any trader, spread out globally, will be able to make investments in precious metals.
However, unlike traditional systems, Sparklo does things a bit differently. Through the platform, anyone will gain the opportunity to make fractionalized investments in non-fungible tokens (NFTs), which are backed by gold, silver, or platinum bars.
This means that instead of needing to buy an entire gold bar, investors can just buy a fraction of it that they can afford at the current point in time and buy more as time passes. When they buy an entire NFT, they can get the underlying gold bar delivered anywhere.
Making The Right Decision For The Future of The Web3 Space
Sparklo is being developed to become the first platform that will allow NFTs to get minted, then fractionalized, where users can then make investments in them that represent precious metals. The team is undergoing a KYC application. However, the project has already been audited by the InterFi network. As for its liquidity, it will also be locked for 100 years.
At its Level One presale, the price of the SPRK cryptocurrency is at just $0.015. Analysts predict that its value can spike by 4,000% in the next few months.
Due to the increased interest in precious metals and more investors diversifying than ever before, getting in on the project while it is in its early stages will allow them to get the most through its upcoming growth in value, and they can do so below.
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
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