Within the Web3 space, there are currently around 23,700 cryptocurrencies to pick from, and this list is ever-expanding.
A lot of developers are aiming to disrupt a specific industry through blockchain technology or to provide value to individual investors and traders in some way. However, not every single project has showcased a high level of growth.
For example, Aaave (AAVE) and Theta Network (THETA) have experienced significant decreases in their value, and this has prompted investors and traders to look elsewhere for alternatives to invest in. Sparklo is one such cryptocurrency in its presale stage that has captured a lot of attention.
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Sparklo (SPRK) Gains Massive Momentum With Its Presale
The Sparklo platform will be an investment platform on top of which anyone can make investments in precious metals. Specifically, through the usage of Sparklo, non-fungible tokens (NFTs) can be created and then fractionalized, that represent gold, silver, or platinum bars.
This means that users can either invest in an entire NFT and get the underlying, real-world asset delivered to them or can instead buy a fraction of it.
At the presale stage, the SPRK token is trading at $0.017. The network has been audited by the InterFi Network as well, and its liquidity will be locked for 100 years. Savvy investors know that getting into the early stages of a project is where the most significant gains can be made, and as such, Sparklo’s prediction for the next few months is that it can grow in value by 40x, providing a solid opportunity.
Aaave (AAVE) Dips 14.8% in The Last Two Weeks
On May 2, 2023, Aaave (AAVE) posted on Twitter a proposal for the activation of the Aave V3 Metis pool.
Metis is an EVM-compatible Layer-2 scaling solution that utilizes optimistic roll-up technology, and the Aaave (AAVE) community can now vote on this change.
As for the value of the Aave (AAVE) cryptocurrency, as of May 2, 2023, it traded at $69.04.
Within the last 30 days, Aaave (AAVE) decreased in value by 6.9%. In the last two weeks, Aaave (AAVE) saw a decrease of 14.8% as well.
Theta Network (THETA) Drops by 11.5% Despite Ecosystem Growth
Decrypt made an announcement that they partnered with Theta Network (THETA) to launch their new gaming hub known as GG. Additionally, Theta Network (THETA) announced that the Theta Wallet for iOS and Android devices added support for Wallet Connect.
Despite these significant additions to the ecosystem, the value of the Theta Network (THETA) cryptocurrency has been in decline. On May 2, 2023, Theta Network (THETA) traded at $0.987658.
In the last 30 days, Theta Network (THETA) decreased by 8.7%. In the last 14 days, the cryptocurrency has been down by 11.5%, and this has worried investors.
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-showcases-bullish-outlook-while-aave-theta-network-have-worrying-performance/