Injective (INJ) and IOTA (MIOTA) decrease in value as investors switch to Sparklo (SPRK)

Injective (INJ) and IOTA (MIOTA) were some of the most popular altcoins across the Web3 space that initially took off in regard to their value. However, as of recently, they have begun declining in their overall value. This has left investors and traders worried about their future.

As such, they have been inspired to diversify their holdings and historically, presale-stage projects have gained the most growth. Sparklo is one of the latest stage-two presale projects to pique their interest and today, we will go over why.

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Sparklo (SPRK) introduces fractional NFT ownership of precious metals

The Sparklo platform will be a platform that will allow investors to buy into precious metals like gold, silver & platinum. In other words, non-fungible tokens (NFTs) will get minted, after which they will get fractionalized.

Users will then be able to buy a fraction of the NFT or the entire NFT. These NFTs will typically represent gold, silver, or platinum bars. If an investor buys an entire platinum bar NFT, they can have it delivered to them anywhere.

During the stage two presale, the value of the SPRK token is at just $0.022 with a 30% bonus for early presale investors. The platform has been audited by the InterFi network and marked as fully secure and the liquidity behind Sparklo will be locked for a total of 100 years to prevent a rug-pull Analysts predict that SPRK can climb in value by 1,500% within the upcoming months and based on research, we believe that the cryptocurrency makes for one of the best investments of 2023. Click on the links below for more information.

IOTA (MIOTA) decreased in value By 19.3%

The IOTA (MIOTA) team made a huge announcement where they went over IOTA staking for ASMB, Round 5. Moreover, the IOTA (MIOTA) co-founder applauded Shimmer Network's impressive milestone of reaching 22,000 active addresses with the start of the Treasures of Shimmer airdrop campaign.

As for the value of the IOTA (MIOTA) cryptocurrency, on May 12, 2023, IOTA (MIOTA) traded at $0.176262. Within the last 30 days, IOTA (MIOTA) saw a decrease of 19.3%. In the last week, the cryptocurrency decreased by 10.4%.

Injective (INJ) experienced a dip in its value by 32.1%

Injective (INJ) made an announcement that Binance enabled institutional lending for their native cryptocurrency. Moreover, we saw a glimpse into what's happening in the Injective (INJ) ecosystem, such as Prop 224 passing to deploy the first NFT marketplace on top of the network, known as Tails Protocol. Pyth Network also went live on the Injective (INJ) mainnet, making it the first IBC chain to introduce Pyth data to the Cosmos ecosystem.

Despite the massive news and developments, the Injective (INJ) cryptocurrency has been in decline and as of May 12, 2023, it trades at just $5.99. Within the last two weeks, Injective (INJ) decreased by 32.1% and in the last 24 hours, it saw a decrease of 3.7%.

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