With the collapse of numerous centralized banks and the overall high level of inflation of FIAT currencies within specific countries on a global scale, many investors and traders are beginning to look at the blockchain space for an alternative means of making an investment that will provide them with a significant level of return.
Some feel like they missed out on the early growth of the blockchain space, with cryptocurrencies such as Shiba Inu (SHIB) and Chainlink (LINK) stagnating in value. However, experienced investors know that within presale-stage projects, a lot of value can be found and Sparklo is one such cryptocurrency and project that has managed to grab the appeal of many.
The Sparklo platform is being developed with the goal of enabling anyone with the opportunity to get into investments in rare metals, including silver, gold and platinum. This is achieved through non-fungible tokens (NFTs), where investors have the opportunity to buy a fraction of an NFT or to buy an entire NFT. If they do buy an entire NFT, they can get the underlying physical asset, which can be a gold bar, for example, delivered to them anywhere.
During the stage two presale of the SPRK token, traders can get it at a value of just $0.022. On May 15, 2023, the team also launched a 75% bonus on any purchases made for the SPRK token, so if an investor buys 10,000, they will receive 17,500 instead.
The Sparklo platform is developed on top of Ethereum and as such, SPRK follows the ERC-20 token standard. The InterFi Network fully audited the platform, the liquidity will get locked for 100 years and the team completed a KYC procedure. Based on all of these aspects, analysts predict a jump in its value by 1,500% in the upcoming months.
Shiba Inu (SHIB) decreases despite AMA sessions and BONE listing
Shiba Inu (SHIB) is one of the most popular meme coins out there and on May 10, 2023, in collaboration with Huobi, they launched an AMA session.
The Shiba Inu (SHIB) AMA session featured Digarch Stan, who is a Discord Moderator and MAzrael, a SHIB Eternity Master. The BONE token, which has a major place in the Shiba Inu (SHIB) ecosystem, also got listed on the CetoEX exchange. Shiba Inu (SHIB) traded at a value of $0.00000885 on May 15, 2023. In the last 30 days, the Shiba Inu (SHIB) cryptocurrency saw a significant decrease in value of 21.4%.
Chainlink (LINK) dips 15.4% despite launching Automation on top of Optimism
The Chainlink (LINK) team made waves when they announced on May 15, 2023, that Chainlink (LINK) Automation went live on top of Optimism.
This means that Chainlink (LINK) developers can now activate key functions and DevOps tasks through the usage of automation and enable them seamlessly with the goal of scaling any decentralized applications (dApps) that they develop. Chainlink (LINK) trades at $6.63 as of May 15, 2023. In the last 30 days, the Chainlink (LINK) cryptocurrency saw a decrease in its value by 15.4%.
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Source: https://coinpedia.org/press-release/shiba-inu-chainlink-go-into-red-zone-and-investors-accumulate-sparklo/