Cryptocurrencies keep getting more popular daily, with many more stakeholders looking for alternative investment methods that guarantee security and profit. While many projects still need to meet expectations, Sparklo is gearing up to surpass all other projects with its innovative features. Let us explore how Sparklo will contend with other projects like Frax Share (FXS) and GateToken (GT).
Sparklo (SPRK) Creating A New Age For Cryptocurrency Investment
Sparklo aims to create the first investment trading platform that allows users to trade and invest in precious metals such as Platinum, Silver, and Gold. This innovative platform will allow retail investors with relatively low capital to enter the metals market. Sparklo will also eliminate third-party intermediaries making transactions faster.
Interfi Network has audited the Sparklo smart contract, and the KYC application has been approved. The project’s liquidity is also locked for 100 years, ensuring investors’ funds and assets are safe and secure.
The second stage of the Sparklo presale is selling at a discount price of $0.019 with a bonus of 40% on all buys, valid till June 20. Due to Sparklo’s potential to be a blue-chip project, taking advantage of the presale and positioning yourself to receive significant rewards will be advantageous.
How Frax Shares (FXS) Is Coping In The Market
Frax Share (FXS) is the first ever stablecoin system using a fractional algorithm. Frax Share (FXS) is open-source, permissionless, and currently on-chain, and it is currently deployed on Ethereum. The ultimate objective of the Frax Shares (FXS) is to substitute a highly scalable, decentralized, algorithmic currency for digital assets with a fixed quantity, such as Bitcoin (BTC).
The Frax Share (FXS) is a community-driven stablecoin with a distinctive design. Over several years, liquidity providers and yield growers have received about 60% of the Frax Share (FXS) supply. It is a wholly decentralized protocol with on-chain governance. When launched in November 2020, it will be the first and only stablecoin to have a hybrid fractional-algorithmic design.
The current live Frax Share (FXS) price is $6.97 with a $19,170,100 24-hour trading volume. In the last 24 hours, Frax Share (FXS) has decreased by 5.69%.
The Rise of GateToken (GT)
Gate.io’s, GateToken (GT) became its official exchange token in 2020 and is a cryptocurrency. Gate.io is a well-known centralized exchange that enables customers to conveniently, securely, and swiftly buy or trade more than 1,400 digital currencies. The ecosystem’s use cases for GateToken (GT) include trading, VIP tier advancement, and participation in special events.
Gate Digital Limited, a Hong Kong-based subsidiary of Gate Group, prepared to submit licensing applications to Hong Kong’s Securities and Futures Commission (SFC), according to additional ecosystem news. This notification was made after receiving a Trust and Corporate Service Provider (TCSP) license from the Company Registry in Hong Kong.
With an active price of $5.20 and an $853,090 24-hour trading volume, GateToken (GT) is now trading. In the past 24 hours, GateToken (GT) has decreased by 0.41%. GateToken’s (GT) current market capitalization is $508,384,500. There are currently 97,786,440 GT coins in circulation.
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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