The post Quant (QNT) and Algorand (ALGO) Both Decrease and Sparklo (SPRK) Leaps Ahead appeared first on Coinpedia Fintech News

Across the Web3 space, there are countless blockchain-based projects for investors and traders to pick from, and as such, it can be difficult for many to make the right decision as to which direction they want to move forward with.

With the recent decrease in the value of the Quant (QNT) and Algorand (ALGO) cryptocurrencies, however, many investors and traders have gravitated toward projects in their presale stage. Out of them, Sparklo gained a lot of attention, and today, we will go over what makes this project stand out.

Sparklo (SPRK) Innovates with Fractionalized NFTs

Sparklo will be an investment platform based on blockchain technology that will enable anyone the opportunity to begin making their way into fractionalized investments within silver, gold, and platinum.

On top of the Sparklo platform, a non-fungible token (NFT) is minted and is then fractionalized. This NFT  can represent an underlying gold bar, for example. If an investor buys the entire NFT, they can have the gold bar delivered to them at any location. However, this also means that users can fractionally invest in gold as well.

The platform has been audited by InterFi Network. The project’s liquidity is also locked for 100 years. At the presale stage, the SPRK token trades at $0.017, and analysts predict that it can climb by 40x in the upcoming months. Getting into the presale stage of a project is typically where the most significant gains can be made, as experienced investors know, and as such, Sparklo represents a solid opportunity.

Quant (QNT) Dips by 8.3%

Quant (QNT) made waves on Twitter with a set of articles, like Citi, predicting that there can be $4 trillion to $5 trillion in tokenized digital securities and $1 trillion in distributed ledger technology. Due to this, a lot of investors have been eyeing Quant (QNT) cryptocurrency and its growth potential.

However, as of May 2, 2023, Quant (QNT) traded at $113.59. In the last 30 days, the Quant (QNT) cryptocurrency decreased in value by 8.3%. In the last 14 days, it’s been down by 1.2%. With this in mind, it is clear why investors are diversifying from Quant (QNT).

Algorand (ALGO) Sees Massive Drop of 20%

Algorand (ALGO) has also been updating the community on a lot of events.

For example, PlanetWatch is now supporting Envision Racing, which has teamed up to monitor the air quality of Formula E races. PlanetWatch is built on top of the Algorand (ALGO) protocol and, as such, has gained a lot of attention as well.

Despite the vast ecosystem, however, Algorand (ALGO) is also in decline. As of May 2, 2023, Algorand (ALGO) trades at $0.177004. In the last 30 days, Algorand (ALGO) decreased by 20%, and in the last 14 days, its overall decrease has been by 19.21%.

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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Filed under: Bitcoin - @ May 7, 2023 10:47 am