Investors are diving deep into investments within cryptocurrencies and precious metals, especially after numerous centralized banks ended up collapsing and closing and FIAT currencies in specific regions of the world saw exponential growth in their inflation rates.
Some investors opted-in towards investing in well-established projects like Hedera (HBAR) and Arbitrum (ARB), but the savviest investors out there know that the most significant gains can be made in projects that are undergoing their presale stage, such as Sparklo. Today, we will be exploring what these projects have to offer and why Sparklo can see solid gains in the long term.
Sparklo (SPRK) innovates with precious metal-backed NFTs
Sparklo is a new and unique platform where users can trade and invest in precious metals in an innovative way. Non-fungible tokens (NFTs) get minted on top of Sparklo and afterward, users can purchase fractions of the NFTs or entire NFTs. Upon buying the entire NFT, they can get them delivered anywhere globally, as each NFT is connected to an underlying gold, silver, or platinum bar.
Sparklo is currently at the second stage of its presale and is offered at a value of $0.022. Moreover, there is also a 50% bonus on any purchases made in the cryptocurrency. Analysts familiar with the blockchain space have already predicted that its value can climb by 1,500 by December 2023.
As for the technology, Sparklo is built on top of Ethereum. Its smart contract has been confirmed as fully safe by the InterFi Network, which conducted an audit and the team completed KYC. Its liquidity will also get locked by a total of 100 years.
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Hedera (HBAR) reaches 9 billion transactions on the network
The Hedera (HBAR) team made waves on May 15, 2023, when they announced that in 13 days, one billion transactions occurred on top of Hedera (HBAR). This brought the total transaction count for Hedera (HBAR) to 9 billion, indicating the high usage in real-world applications and the utility behind the network.
As for the value of the Hedera (HBAR) cryptocurrency, on May 16, 2023, it traded at $0.052623. In the last 30 days, Hedera (HBAR) decreased in value by 22.3%, indicating why investors and traders want to diversify their holdings.
Arbitrum (ARB) Debug and Trace APIs became available on Coinstack
Coinstack made an announcement that Debug and Trace APIs became available for Arbitrum (ARB) archive nodes in the United States. This means that users can inspect chain states and replay transactions exactly as they are executed on top of Arbitrum (ARB) and monitor, trade and begin debugging activities on the network as a whole.
As for the value of the Arbitrum (ARB) cryptocurrency, on May 16, 2023, it traded at $1.18. In the last 30 days, Arbitrum (ARB) saw a significant decrease in its value by 27.3%. It is clear why Arbitrum (ARB) investors are diversifying.