Altcoins bring updated features and functionality as the crypto industry develops. These digital assets are now being used often in cryptocurrency transactions. The increase is still present, though and Sparklo has entered the market to offer its users cutting-edge features in the blockchain investment space. Let us explore how this relatively new project, Sparklo, will take on the likes of VeChain (VET) and Algorand (ALGO).
Sparklo (SPRK) creating innovative investment platform
Sparklo is an Ethereum-based project that aims to provide real-life solutions to problems in the investment world. Sparklo will provide a decentralized and innovative platform that allows users to trade and invest in gold, silver and platinum while leveraging the scalability and security that the Ethereum blockchain provides.
This means that even retail investors with relatively low capital can still invest in the metals market and enjoy its benefits. Investors will be able to buy just a fraction of an NFT instead of buying it fully. Early investors will also enjoy first access to new products and discounts on purchases with Sparklo’s jewelry stores partners.
They are currently in stage 2 with the presale price at $0.022 with a generous 30% bonus. Its liquidity will be locked for a total of 100 years. Investors can feel secure knowing that their assets and transactions are safe and secure thanks to InterFi Network’s audit of Sparklo and the assessment and approval of its KYC application. Click the link below to find out more.
VeChain (VET) at a crucial point as market sits in flat price
VeChain (VET) is a flexible L1 smart contract platform for businesses. VeChain (VET) started out in 2015 as a private consortium chain, collaborating with various businesses to investigate blockchain applications. With the ERC-20 token VEN, VeChain (VET) shifted to a public blockchain in 2017 and, in 2018, launched its mainnet under the ticker VET.
Coming from a high of $0.0266 in April, VeChain (VET) has declined 27.27% in less than a month. The current price of $0.0193 is struggling to hold on above the support zone.
Has Algorand (ALGO) bottomed out at the current price?
Algorand (ALGO) is a blockchain-based network that is autonomous, decentralized and supports many applications. These systems provide the crucial qualities of security, scalability and efficiency needed for successful applications in the real world. Algorand (ALGO) will support calculations that demand trustworthy performance assurances to establish new types of trust.
By December 2020, the Algorand (ALGO) mainnet, which went live in June 2019, managed about a million daily transactions. The initial coin offering (ICO) for Algorand (ALGO) took place in June 2019 at a token price of $2.4. At the moment, Algorand (ALGO) is trading at $0.1647, nearing its previous all-time low of $0.1024 and there seems to be no stopping it. Investors are pulling funds out of fear that the worst is still coming. While there may be some positive price action for VeChain (VET) and Algorand (ALGO), investing in low-cap, presale tokens will surely bring more significant investment returns.
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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