Within the Web3 space, there are investors who will invest in well-established projects and ones that are willing to take the higher-risk route and invest in presale-stage projects that have historically managed to provide significant returns for investors and traders.
With the recent decrease in the value of the Chiliz (CHZ) and Injective (INJ) cryptocurrencies, however, it is clear to more investors than before that diversification plays a key role and by jumping into presale stage projects like Sparklo, they can experience significant returns. We will go over each of these projects to see why Sparklo has gained so much attention.
Sparklo (SPRK) future investing platform
Sparklo is an innovative and new platform that will enable anyone the opportunity to invest in precious metals online with ease. This occurs through the purchasing of fractions of NFTs that are backed by physical assets. Investors can either buy a fraction of an NFT or buy the entire NFT, after which they can have it physically delivered to them.
Sparklo is undergoing stage two of its presale and it is at a value of just $0.022. Furthermore, as of May 15, 2023, the project also has a 75% bonus on every purchase made.
Spark is built on top of the Ethereum blockchain and as a result, the SPRK token follows the ERC-20 token standard. It has also been audited by the InterFi network and the team also completed KYC certification. With all of these aspects in mind, analysts predict that the cryptocurrency can jump in value by 1,500% in the upcoming months.
Chiliz (CHZ) launches mainnet but does not recover value.
The Chiliz (CHZ) team made waves earlier this month with the official launch o the Chiliz Chain mainnet. This Chiliz (CHZ) chain is essentially a blockchain infrastructure purpose-built for sports and entertainment. To celebrate the launch, Chiliz (CHZ) also rewarded user activity on the ChilizX platform. Specifically, the top 100 buy and sell volume contributors on ChilizX will get a share of the 50,000 Chiliz (CHZ) prize pool.
As for the value of the cryptocurrency, on May 15, 2023, Chiliz (CHZ) traded at $0.108692. In the last 30 days, the cryptocurrency decreased in value by 18.5% and based on that, investors began diversifying.
Injective (INJ) teases Project X, but value dips by 19.4%
The Injective (INJ) team shared a Tweet where they teased that Project X is near. Project X is a highly anticipated service on top of the Injective (INJ) platform that will combine strategy vaults and passive yield generation and AMMs with impermanent loss (IL) protection alongside a one-click launchpad. Additionally, Cosmos Daily reported how PEPE would come to the Cosmos ecosystem due to the Injective (INJ) Exchange decentralized application (dApp) ecosystem.
As for the value of the Injective (INJ) cryptocurrency, on May 15, 2023, it traded at $6.34. In the last 30 days, Injective (INJ) experienced a decline in its value by 19.4%.
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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