Out of more than 23,500 cryptocurrency projects in circulation, only a few possess the utility and potential to become the cryptocurrency of choice for investors. The utility of a crypto project is critical for its survival. It propels it to success. Sadly not all projects can achieve this.
Not every single cryptocurrency out of them has high-growth potential and as a result, only a few projects managed to grab the attention of cryptocurrency traders and investors. Sparklo (SPRK) is an upcoming cryptocurrency project looking to make its mark in this industry.
Sparklo (SPRK) is a pioneering project that tries to alter how traders engage with valuable metals such as gold, silver and platinum. Sparklo’s (SPRK) will ensure its investor’s trade fractionalized NFTs backed by these tangible metals. The platform also has plans to collaborate with jewelry stores to showcase their products. With this action, investors can access new items on time at a lower price.
As a potentially successful blue-chip cryptocurrency, Sparklo furnishes a unique opportunity to invest in an attractive crypto project at a fair price. With an anticipated growth potential of 1,500% in the coming months, Sparklo (SPRK) may be included among the top 100 cryptocurrencies. This action will surely draw investors and crypto fans to this enterprise.
Security is crucial and Sparklo is establishing a new bar for dependability and security. With a fully audited platform by InterFi Network, investors can trust that their trades are secure for up to a century. With a completed KYC Audit, Sparklo is taking even more steps to ensure its users can invest confidently. With these robust safety measures in place, Sparklo is quickly becoming one of the most secure investment opportunities in the market. They are currently in stage 2 with the price being $0.022 with a generous 30% bonus, the cryptocurrency represents a solid opportunity for investors and traders to get into the Web3 space. Click below to find out more.
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Shapella upgrade boosts Ethereum (ETH) staking deposits beyond withdrawals
Over the last 24 hours, Ethereum (ETH) staking deposits have surpassed withdrawals. Investors have placed 192,000 Ethereum (ETH) in deposits within that time. On the other hand, withdrawals dropped drastically. Over the past 24 hours, the network has processed 29,000 Ethereum (ETH) withdrawals. This occurrence marks a unique period since the Shapella update in April.
For the first time, where the overall amount of Ethereum (ETH) staked has exceeded the total amount of ETH withdrawn.Aside from the surge in staking activity, the Ethereum (ETH) network is undergoing a notably amplified burn rate. So far, more than 61,000 Ethereum (ETH) got burned during the past week. This outcome is mainly attributable to Uniswap’s trading volume. The DEX platform contributed almost 50% of the total ETH burned.
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