With the recent collapse of centralized banks and the overall distrust people have in the stability of FIAT currencies because of their increased inflation, many have begun eyeing the precious metals industry and the Web3 space as alternative investment opportunities. While some cryptocurrencies have declined in value, such as GateToken (GT), others have showcased a significant level of potential in their growth, and crypto whales are aware of this fact, one of the projects they are eyeing is Sparklo.
Sparklo is a new project that aims to bridge the gap between crypto and precious metals and has gained the interest of many blockchain enthusiasts and investors. Today, we will review how this new token can climb in value by over 1,500%.
GateToken (GT) price update: the token sees a dip of 9.6% and enters the red zone
The GateToken (GT) cryptocurrency is native to the GateChain ecosystem. The Gate.io cryptocurrency exchange created the Gate Chain and token. The activity of the exchange directly impacts the value of the GateToken (GT) cryptocurrency, as, through GateToken (GT), traders can pay transaction fees, and is given as a reward to participants in the network’s PoS consensus model.
On May 8, 2023, Gate.io, the exchange behind GateToken (GT), announced that the BRC-20 market cap reached $700 million on top of the platform. The team announced on May 11, 2023, that the Gate.io strategy bot provides early access to BRC-20 tokens. The value of the GateToken (GT) cryptocurrency was at $5.03 on May 11, and the cryptocurrency dipped in value by 9.6% in the last 30 days.
Sparklo (SPRK) presale set to deliver big gains for early participants
Sparklo is a new platform that aims to innovate and provide a new way through which anyone will be able to get into the rare and precious metals investment space. Through the usage of the Sparklo platform, anyone will be able to purchase a fraction of an NFT that is directly backed by the physical asset. The asset can be a silver, gold, or platinum bar. However, those who choose to buy 100% of the NFT, which might be a gold bar, can then physically have that bar delivered to them at any location.
Currently, Sparklo is undergoing stage two of its presale. The price of SPRK is just $0.022 while the price will increase as more tokens are sold. This provides an excellent opportunity for investors and traders to jump into the project, as it is expected for it to reach an increase of over 1,500% in the upcoming months.
The project’s smart contract was fully audited and confirmed as secure by the InterFi Network. The team will lock on launch the liquidity for 100 years to eliminate the risk of a rug pull and provide investors with peace of mind. Savvy investors know that getting into the presale stage of a project is where the most significant gains are often made and we believe Sparklo will be a top contender for the most high-growth altcoins of 2023.
Find out more about the Sparklo presale:
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