The large number of cryptocurrencies in the market means that investors are always on the lookout for smarter investment opportunities in the crypto and blockchain space. At different points, Chainlink (LINK) and GMX (GMX) were considered hot prospects.
However, times have changed and a new project, Sparklo (SPRK) has emerged as a promising alternative to popular cryptocurrencies such as Chainlink (LINK) and GMX (GMX). With its innovative approach toward the buying and selling of rare metals, Sparklo (SPRK) is garnering attention as a smarter investment choice.
GMX (GMX) DAO Partners With with Chainlink (LINK) for Oracle Integration
The GMX (GMX) DAO has announced that its proposal to integrate Chainlink’s (LINK) new oracles has successfully passed the Snapshot vote, gaining widespread support from the community. This integration is intended to boost the security and user experience of the GMX platform.
The proposal put forward seeks that Chainlink (LINK) becomes the official oracle partner for the GMX V2 chain. In addition, the GMX V2 Chain will make use of Chainlink’s low-latency oracles. This move will reinforce GMX’s decentralization and improve its resilience.
The new oracles will provide real-time market data for both crypto and non-crypto assets, offering low latency price updates and frontrunning mitigation while being gas-efficient to meet GMX (GMX) traders’ demands.
Meanwhile, the price of both tokens has reacted positively to the news. Chainlink (LINK) is presently trading at $7.47. Over the past 24 hours, the price has surged by 5.80%, but over the past week, it has declined by 12.80%.
GMX (GMX) is currently trading at $77.11. Over the past 24 hours, the price has increased by 8.17%, while over the past week, it has declined by 13.13%.
Sparklo (SPRK): Invest in Rare Metals with Sparklo’s Token Presale
Sparklo (SPRK) is a blockchain-based Web3 platform designed to enable the trading of rare metals such as gold, silver, and platinum. Its main objective is to enhance accessibility, specifically for retail investors, by fractionalizing investments using non-fungible tokens (NFTs).
This innovative feature will allow many to buy small amounts of precious metals that are within their budget, thereby presenting a significant opportunity for individuals interested in investing in silver and gold.
At present, Sparklo (SPRK) is in the initial stage of its token presale, and the Sparklo token is being offered at a price of $0.015 per token. This presents an outstanding opportunity for crypto enthusiasts and early investors to partake in the new project as the price of the token will increase to $0.017 by the end of April.
The precious metals industry boasts a market cap of over $14.99 trillion, with gold leading at $13.3 trillion, followed by silver at $1.42 trillion, and platinum at $273 billion.
There is almost a general consensus that Sparklo (SPRK) has a growth potential forecasted to reach 4,000x, positioning it as a promising investment opportunity for crypto enthusiasts and investors. This potential may elevate Sparklo (SPRK) to the top 100 cryptocurrencies.
Find out more about the Sparklo presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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