The crypto market is slowly entering a bullish run as the crypto winter winds down. There are tons of projects vying for investors’ attention. However, few have been able to stand out like Sparklo (SPRK), an alternative investment token whose presale has many investors hooked. In other news, the popular Bitcoin layer-1 scaling solution continues to struggle to reach and maintain the crucial $1 mark as the Conflux (CFX) blockchain rallies impressively in Q1 2023 amid increased ties with the Chinese government.
Sparklo (SPRK) Presale Token Performance Ruffles Established Coins
Sparklo just recently announced the upcoming launch of its trading platform, which will cater to investors who want to gain exposure to precious metals.
Sparklo is taking an innovative approach to invest in gold and silver, ensuring that its investors enjoy low fees, wide access to precious metals, and a smooth investing experience.
Sparklo’s approach involves the use of fractionalized NFTs which are used to represent the size of a person’s portfolio. Sparklo is one of those investment platforms where you can choose to have your precious metals delivered to you physically. Investors are also free to trade their NFTs or liquidate them for cash.
One main benefit Sparklo users will enjoy is the increased safety of blockchain technology. In addition, the Sparklo team has announced that liquidity will be locked for 100 years while team tokens will be locked for 1000 days.
Despite the huge market excitement it is causing, Sparklo is just in its presale. Its price is expected to go from $0.015 to $0.017 by the end of April. We believe now is a great time to invest in this solid project because new investors will also get 30 tokens as a bonus. To learn more about the presale, check the links at the bottom of the article.
Conflux (CFX) Continues Sharp Rise Since End of February
Conflux (CFX) Network recorded a sharp rise in its price in the past four months. Conflux (CFX) was trading at $0.06 by Feb 15. A week later, it rose to around $0.3. What’s surprising is how the coin has managed to sustain its growth. Unlike many other tokens that would fall sharply again, Cornflux had managed to lock in the price gains. It did rise to $0.45, but the price corrected to around $0.3 again.
Conflux (CFX) is famous for reportedly being the only blockchain allowed to operate in China. Telecom, one of China’s largest ICT companies, has started a partnership with Conflux (CFX) to distribute blockchain-enabled sim cards. Conflux (CFX) which claims to be a bridge between Western and Asian economies, could be the biggest benefactor of the softening Chinese stance towards crypto.
Stacks (STX) Fail to Hold at the $1 Mark
Popular Bitcoin Layer-1 scaling solution, Stacks (STX), failed to sustain its $1 price mark in the past few weeks. Stacks (STX) had reached $1.003 by Mar 29. A week later, the coin had lost about 20% value. Stacks (STX) then rallied back to $1 on Mar 16, but the price quickly corrected to $0.6. The $1 mark is a crucial point for the Stacks (STX) network.
Although Stacks (STX) recently launched a new upgrade, its price has not performed strongly. While the Stacks (STX) project aims to bring Defi activity to Bitcoin, it has struggled thanks to competition from the Lightning Network.
Find out more about the Sparklo presale: