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With the collapse of centralized banks and the overall high level of distrust in centralized institutions to handle capital, many investors have begun diversifying with alternative assets. Some of the most notable examples of these include gold, silver, platinum and cryptocurrencies. However, even cryptocurrencies can decrease in value.
Recently, Cosmos (ATOM) and Uniswap (UNI) saw a decrease in their value. However, a new presale-stage project has caught a lot of attention, as it also enables investors the ability to access precious metals and that’s Sparklo. Today, we will be going over all of these altcoins to see why they gained so much attention.
Cosmos (ATOM) to launch Neuron
Cosmos (ATOM) made a huge announcement on May 10, 2023, where they announced that Neuron would launch. Community participants could join the coordinated launch on top of the Cosmos (ATOM) Discord and the first Consumer Chain will enter the Atom Economic Zone.
As for the value of the Cosmos (ATOM) cryptocurrency, on May 12, 2023, it traded at $11.23. Within the last 30 days, the cryptocurrency saw an increase of just 0.9%. In the last seven days, Cosmos (ATOM) saw an increase of 1%, but decreased in value by 1.8% in the last two weeks, which still means that it is down in value. While this decrease in Cosmos (ATOM) is slight, it is still in the red zone.
Uniswap (UNI) releases the mobile wallet v1.5
The Uniswap (UNI) team recently made waves on Twitter with consistent updates to their mobile wallet. With the launch of the Uniswap (UNI) Mobile Wallet v1.5, they introduced adjusted slippage, support for WalletConnect 2.0 and smart contract wallet support.
Despite the growth of the Uniswap (UNI) ecosystem, its value has been in decline. As of May 10, 2023, Uniswap (UNI) traded at $5.09. Within the last 30 days, Uniswap (UNI) decreased by 12.7% and in the last week alone, it dropped by 4.2%, worrying investors.
Sparklo (SPRK) introduces access towards precious metals through fractional NFTs
Sparklo will be an alternative investment platform, one in which each ecosystem participant and SPRK investor will gain the ability to make fractional investments within rare metals. Throughout the platform, non-fungible tokens (NFTs) get minted and then they get fractionalized.
Each of these NFTs can represent an underlying real-world asset, such as a gold bar, metal bar, or platinum bar. Each of these NFTs can then be bought in full or fractionally. If an investor buys an entire NFT, they can get the underlying asset delivered to them anywhere. Moreover, during the stage two presale, which is now live, the SPRK token trades at just $0.022.
The platform has been audited by the InterFi network and the team has completed a KYC process. With all of this in mind, analysts have predicted that the value growth of the SPRK token will reach an 1,500% increase in the upcoming months and its liquidity will be locked for a total of 100 years, ensuring that there is no rug pull or other risks.
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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