Maker (MKR) and Fantom (FTM) Worry Investors, While Sparklo (SPRK) Gains Momentum with Presale

Maker (MKR) and Fantom (FTM) Worry Investors, While Sparklo (SPRK) Gains Momentum with Presale
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Due to the volatility surrounding many cryptocurrencies, the blockchain space represents a solid location in which investors and traders can make investments with high growth potential. There have been cases historically where by getting into projects in their presale stage, many investors and traders have managed to see high returns.

Well-established projects such as Maker (MKR) and Fantom (FTM) have begun dipping in value. Due to this, many are looking towards presale stage projects, such as Sparklo.

Maker (MKR) Decreased in Value By 9.7%

Maker (MKR) as a project made waves in the Web3 space as of recently. This occurred at the point in time when the Maker Governance approved Coinbase Custody (RWA014) as a new real-world asset vault type. This will result in the implementation of the onboarding of 500 million USDC from the PSM to the Coinbase USDC Institutional Rewards Program.

Despite this evolution in the overall ecosystem, the value behind Maker (MKR) has been in decline.

As of April 22, 2023, Maker (MKR) traded at $699.14. In the last seven days, however, the Maker (MKR) cryptocurrency decreased in value by 9.7%. This downward momentum has made investors double-think their strategy about diversifying with Maker (MKR).

Fantom (FTM) Dips By 15.3% and Worries Investors

Fantom (FTM) made waves across the Web3 space and communities when the Fantom Foundation Chief Executive Officer (CEO), Michael Kong, discussed the powerful optimization and the efficiencies of the highly anticipated Fantom Virtual Machine (FVM).

However, this did not lead to an increase in the value of the Fantom (FTM) cryptocurrency.

On April 22, 2023, Fantom (FTM) traded at a value of $0.435087. This gives us an indication that Fantom (FTM)  decreased in value by 15.3% in the last seven days. Additionally, in the last 30 days, Fantom (FTM)  decreased in value by 8.3%. With this in mind, investors have begun diversifying.

Sparklo (SPRK) To Lead The Way For Precious Metals Investments

Sparklo will be an alternative investment platform that will enable anyone the opportunity to begin making investments in precious metals. What this essentially means is that a non-fungible token (NFT) will be created, after which it will be fractionalized. The NFT in question can represent a gold bar, for example, silver or platinum.

An investor can then either buy the complete NFT or make a fractional investment within it. Those that do buy complete NFTs can get the gold bars delivered to them anywhere.

Moreover, the team is also processing a KYC application, where the results will be posted soon. As for the security of investors, the project has been audited by the InterFI network, and its liquidity will have a 100-year lock.

Experienced investors know the value of getting into projects early, and throughout its presale, SPRK is offered at a value of just $0.015. Analysts predict that with the overall momentum of the project, presale, and the market, it can increase in value by 40x in the upcoming months.

Find out more about the presale:

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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