Flare, THORChain Decrease in Value Despite Ecosystem Growth While Sparklo Gains Attention With Presale Momentum

With the recent bearish outlook in well-established, blockchain-based projects such as Flare (FLR) and THORChain (RUNE), more investors than before are looking for alternatives through which they can diversify their holdings and make their way toward more exposure throughout the blockchain industry.

Many savvy and experienced investors know that the true value can be found in projects that are undergoing their presale stage and one such project is Sparklo. We will be going over all of these projects to truly see which one makes the cut for 2023 and beyond.

Sparklo (SPRK) is primed for success with an innovative approach to investing

Sparklo is a platform that aims to provide users with the ability to begin making investments in rare metals, including silver, gold and platinum. Non-fungible tokens (NFTs) are minted and then fractionalized, all of which are backed by an underlying real-world asset. Investors can then invest in them fractionally or buy an entire NFT, where if they do buy the entire NFT, they can get it delivered to them.

During the second stage presale, the value of the SPRK token is at just $0.022. There is a 75% bonus on any SPRK tokens bought as of May 15, 2023, where if an investor buys 10,000 SPRK, they will receive 17,500 SPRK instead.

The Sparklo platform is secure and audited by the InterFi network and its team completed KYC verification. The liquidity behind the Sparklo platform will also be locked for a total of 100 years. Analysts predict that the SPRK token can climb in value by 1,500% in the upcoming months.

Flare (FLR) integrates API Portal on the Google Cloud Marketplace

The Flare (FLR) announced that they officially managed to integrate their API Portal at the Google Cloud Marketplace. Additionally, they even launched the first blockchain APIs onto the platform. This means that Flare (FLR) developers or any other developers have the ability to utilize the marketplace to access nodes on top of the blockchains. 

Then on May 15, 2023, Flare (FLR) teased the community with FlareDrop.03, which will go live in 24 hours. CoolWallet also noted how users could Wrap Flare (FLR) with the application through WalletConnect. As for the value of the cryptocurrency, on May 15, 2023, Flare (FLR) traded at $0.02851138. In the last 30 days, the cryptocurrency decreased in value by 19.6%, worrying investors. 

THORChain (RUNE) loses 28.8% of its value despite the high volume

Rango, on May 14, 2023, announced that users could access data surrounding some of the top trading pairs on top of THORChain (RUNE). Moreover, the THORChain (RUNE) team directly announced that within two years after its launch, the THORChain (RUNE) network averaged $99.5 million per month in Bitcoin volume. 

However, when we look at the value of the THORChain (RUNE) cryptocurrency, on May 15, 2023, it traded at just $1.19.This signified that the THORChain (RUNE) lost 28.8% of its value within the previous 30 days.

Find out more about the presale:

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