The post Sparklo (SPRK): The Next Big Idea to Surpass IOTA (MIOTA) and Loopring (LRC) appeared first on Coinpedia Fintech News
The blockchain isn’t short of innovative and disruptive ideas aiming to assist with the Web3 transition. With Web3 touted as the future, it comes as little surprise. Sparklo is without a doubt one of the next big ideas on the blockchain. Aiming to rival IOTA (MIOTA) and Loopring (LRC), it is fast gaining traction and popularity.
Sparklo (SPRK) is an investment and trading platform in NFTs backed by precious metals
Sparklo (SPRK) is a unique protocol that will enable partial ownership, investment and trading in real-world assets like gold, platinum and silver through NFTs. Non-fungible tokens are backed by rare metals, which are then traded on the platform. On the other hand, to physically own assets, members will have to purchase the entire NFT, which will be shipped down.
$SPRK, the token native to the Sparklo ecosystem, is currently in its presale stage at $0.026 per token. There is an additional 50% discount, which increases accumulated tokens and, in turn, increases potential profit. Investment in Sparklo can yield as much as a 2,500% increase by the end of 2023, making the project lucrative. To get ahead of the curve and enjoy more profits, we suggest investing in the presale by following the link below.
Liquidity lock for a lifetime by the team and locking of the team’s token for 3 years will eliminate the risk of a rug pull. Additionally, the smart contract has been audited by InterFi Network and declared safe, while the KYC audit has also been completed. This makes the presale both safe and profitable.
IOTA (MIOTA) rally expected to continue
With generative AI making strides and the need to curtail its excesses, Xayn, a search engine, aims to leverage IOTA (MIOTA) Tangle technology to combat AI misuse. Although AI comes with numerous benefits and limitless possibilities, its cons cannot be downplayed. With Xayn’s IOTA technology, it aims to compete against AI companies.
IOTA (MIOTA), trading at $0.19, is currently in an uptrend. With a spike in price, IOTA (MIOTA) recorded a 3.9% increase in the past 24 hours as of press time. Furthermore, the past 7 days further show an IOTA (MIOTA) rally, up by 6% at the time of writing. While the spike in IOTA (MIOTA) is expected to endure, it will nonetheless not be as significant as investing in a presale token with immense growth potential.
Loopring (LRC) indicator points towards decline amidst consolidation
Loopring (LRC), the native token of Loopring, is currently hovering over $0.28. After Loopring’s (LRC) bearish decline last week, which recorded a 5% decline in the past 7 days at the time of writing, it is aiming to end the week in an uptrend. Consolidating in the past 24 hours, Loopring (LRC) is up by 0.3% in the past 2 hours as of press time.
Although the bulls are fighting to keep the price of Loopring (LRC) up, indicators point towards selling pressure increasing. Moreover, with the bearish cycle expected to continue for some time, Loopring (LRC) will likely experience more declines. To make the most of the current market conditions, investing in presale tokens like Sparklo is a better strategy than investing in Loopring (LRC).
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