With thousands of blockchain-based projects to pick from, it can be difficult for investors and traders to know what to look out for. But by following the broader market narrative, and the direction in which the investors are moving, anyone can see a potential future for specific altcoins.
With the decrease in value surrounding two notable cryptocurrencies, including NEAR Protocol (NEAR) and VeChain (VET), investors and traders have moved towards the presale of the Sparklo altcoin, and today, we will go over each altcoin to see why this is the case.
NEAR Protocol (NEAR) Worries Investors With a 20.5% Decrease
NEAR Protocol (NEAR) announced the next NEAR Town hall, where they will be unpacking Consensus and sharing ecosystem updates.
Additionally, NEAR Protocol (NEAR) also announced the SailGP and NEAR Community Event and Pitch Fest.
Despite the activity and growth throughout the broader ecosystem, the value of the NEAR Protocol (NEAR) cryptocurrency has been in decline. As of May 2, 2023, the NEAR Protocol (NEAR) crypto traded at $1.82.
Within the last 30 days, NEAR Protocol (NEAR) has been down by 8.5%, and in the last 14 days, its decline was at 20.5%.
VeChain (VET) In The Red Zone With A 10.9% Decline
VeChain (VET) made a major announcement on Twitter where they went over how their technology will get integrated within the winner’s trophies at the Internazionali BNL d’Italia, which is a prestigious Tennis tournament.
ETHNews also noted how VeChain (VET) impressed investors at the Consensus 2023 event.
Despite this, the value of the VeChain (VET) cryptocurrency has been in decline. On May 2, 2023. VeChain (VET) traded at $0.02088402.
In the last 30 days, VeChain (VET) decreased in value by 10.9%. In the last seven days, however, its decline was also at 5.1%, with a 24-hour decrease of 4.8%.
Sparklo (SPRK) Presale Gains High Momentum From Investors
The Sparklo platform is being developed to allow people an opportunity to make investments in precious metals.
Specifically, through the utilization of Sparklo, anyone will be able to make investments in silver, gold, and platinum bars or other precious metal types.
Whenever someone aims to make an investment, a non-fungible token (NFT) will get created, and then fractionalized.
Users will then have an opportunity to either make a full purchase of the NFT, after which they can get the underlying gold bar delivered to them at any location or just buy a fraction of it.
The platform will also work with jewellery stores to bring their products to market and give ecosystem participants first access to the products in question.
During the level one presale, the price of the SPRK token is at just $0.017. Analysts have predicted that its value can climb by 40x in the upcoming month, and the platform has already been audited by InterFi Network.
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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Source: https://coinpedia.org/press-release/sparklo-presale-gains-massive-momentum-after-decrease-of-near-protocol-vechain/