The cryptocurrency market has taken a hit recently, where many cryptocurrencies began declining in value. Two of the latest altcoins to be hit by this wave include Decentraland (MANA) and Cosmos (ATOM). However, not all of them share the same fate, as one of the latest projects that can dominate the Web3 space, Sparklo, has gained a lot of momentum.
Analysts predict that Sparklo can outperform both Decentraland (MANA) and Cosmos (ATOM), and today, we will be exploring why this might be the case.
Decentraland (MANA) Decreased In Value by 7%
Decentraland (MANA) updated its followers on Twitter regarding the new tools that are available in “SDK7”. In this update, the ECS-Utilis library was migrated to SDK7, giving developers a quicker start. Many common tasks that would otherwise take a lot of lines of code were reduced to one-liners on top of Decentraland (MANA).
However, In the last 24 hours, Decentraland (MANA) decreased in value by 7%. Decentraland (MANA) was trading at $0.632233 on April 19, 2023, and investors are worried about its future performance.
Cosmos (ATOM) Dips In Value and Momentum In The Last Month
The Cosmos (ATOM) team on Twitter promoted the Interchain Development Academy with the goal of enticing developers to master the core aspects of the Interchain Stack. This Academy for Cosmos (ATOM) is a 7-week program for learning the Cosmos SDK, CosmosJS, and the IBC.
Despite the efforts of growing the ecosystem, Cosmos (ATOM) was trading at $11.94 on April 19, 2023. Here we can see that in the last 24 hours, Cosmos (ATOM) is down 5.2% and has decreased by 4.2% in the last month.
Sparklo (SPRK) To Revolutionize Precious Metal Investments in Web3
Sparklo will be an innovative, alternative-investment platform that is aimed at enabling any user on a global scale the opportunity to invest and trade fractionalized non-fungible tokens (NFTs). These NFTs will be minted on top of a blockchain and will represent silver, gold, or platinum.
Each user can just buy a fraction of a golf bar, for example, and get exposure to the asset class. Those who do indeed buy an entire NFT can get it delivered to them.
The technology behind Sparklo has been audited by InterFi Network, and the liquidity will also have a 100-year lock, enabling investors peace of mind. SPRK is offered at just $0.015 throughout its presale stage. Analysts predict that with the overall momentum of the Web3 space and enhanced interest in precious metals, SPRK can climb by 4,000% in the near future, which means that investors will want to get into the project early in order to get the best outcome out of its value-growth.
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
Source: https://www.cryptopolitan.com/decentraland-mana-and-cosmos-atom-entering-red-zone-while-sparklo-sprk-gains-traction/