The recent collapse of banks in the US has reignited worries about the stability of the traditional financial system. Also, prominent tokens in the crypto space such as Casper Network (CSPR) And Injective (INJ) have bowed to macro market pressure.
This has significantly eroded the trust of investors as prices keep dropping. Consequently, investors are looking for promising projects to invest in. One such project that is gaining traction is Sparklo (SPRK), a platform where investors can invest in precious metals like gold, platinum, and silver.
Sparklo (SPRK): Secure Your Assets By Investing In Precious Metals
Sparklo is a groundbreaking crypto and metals trading platform that enables users to invest in silver, gold, and platinum bars through its unique NFT system. Unlike traditional NFTs, Sparklo’s NFTs are fractionalized, enabling users to invest in small fractions of these precious metals.
Purchasing a whole NFT on the platform grants the buyer ownership of the corresponding precious metal, along with exclusive VIP benefits such as access to premium brands partnering with Sparklo.
Sponsored
With a total supply of one billion SPRK tokens, Sparklo has a well-defined token distribution plan. This includes 60% for the presale, 8% for advertising, 8% for staking rewards, 9% for team tokens, 10% for exchange listings, and 5% for advisory groups.
Sparklo (SPRK) has a clear three-stage roadmap that includes the introduction of smart contracts, staking, website design and improvement, and beta mode release of the platform.
Sponsored
The platform has also announced the launch of its new ERC-20 cryptocurrency, the SPRK token, through a public presale. The presale is divided into various phases, with the first phase starting at $0.017 per SPRK token. Participants can also enjoy a 50% bonus on their purchase for a limited time, as the Sparklo team just passed its KYC.
Casper Network (CSPR) Price Plunges Further
The governance token of the L1 blockchain Casper, Casper Network (CSPR) has plunged in price as most cryptos in the market slipped. According to data from CoinMarketCap, the price of Casper Network (CSPR) is $0.057229 today with a 24-hour trading volume of $12,623,695.
Over the last 24 hours, the price of Casper Network (CSPR) has plunged by -2.61%, while remaining under bearish pressure in the last week.
Casper Network (CSPR) bulls are fighting to stabilize their price above $0.05782. If they are successful, Casper Network’s (CSPR) path to $0.06371 is open for the taking. However, a bearish breakthrough on this level might bring Casper Network (CSPR) back toward $0.04355 in the medium to long term.
Injective (INJ) Drops Over 8% In One Week
Injective (INJ) has emerged as one of the leading losers this week. According to CoinGecko data, the token surged by 10% last week, securing a top-four position on the list of top gainers. This upturn in bullish sentiment can be attributed to Binance’s recent move to allow institutional lending for Injective, which has opened up new investment opportunities on the platform.
As of today, Injective (INJ) is trading at $7.56, a decline of 0.66% in the past 24 hours and a more significant decline of 8.87% over the past week.
In the medium to long term, Injective’s (INJ) price may dip towards $6.904 before stabilizing at this level. Therefore, investors should carefully monitor Injective’s (INJ) price movements in the short to medium term to make informed investment decisions.
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
This article contains a press release from an external source. The opinions and information presented may differ from those of DailyCoin. Readers are encouraged to independently verify the details and consult with experts before acting on any information provided. Please note that our Terms and Conditions, Privacy Policy, and Risk Warning have been recently updated.
