Sparklo (SPRK) Presale: Crypto Investors Migrate in Hopes of More Profits

Summary

  • Chiliz (CHZ) recently released their Q1 report for 2023 and the token is currently trading at $0.134, a fall of 2.77%.
  • The Sparklo project is a rising star in the crypto space and offers users the ability to invest or trade fractionalized NFTs backed by real-life precious metals.
  • Sparklo has obtained an audit through InterFi Network and its Know Your Customer (KYC) audit is underway.

Chiliz (CHZ)

Chiliz (CHZ) recently tweeted a list of every modification to its ecosystem over the past three months. The tweet also mentioned the Chiliz (CHZ) fifth anniversary and other announcements, such as the public launch date of its mainnet being May 10th. Nevertheless, the Chiliz (CHZ) token now trades at $0.134, a fall of 2.77% in the past day alone. The Chiliz (CHZ) technical analysis also raises some concerns, as all its moving averages show strong sell signals. Also, according to Dune statistics, the number of weekly and daily active users of Chiliz (CHZ) decreased over the preceding 90 days. This fall could spell trouble for its future, and investors are looking at projects with more real-world utility to recoup their losses.

Sparklo (SPRK)

The Sparklo project hopes to make its mark in the rising metal trading industry by developing a never-before-seen alternative-investment platform where users worldwide may invest in or trade fractionalized NFTs backed by real-life precious metals such as silver, gold, and platinum! This platform built on the Ethereum blockchain will mint a non-fungible token (NFT) backed by physical metal, fractionalize it, then let everyday investors buy it in whole or partially. With decentralized features like these anyone can buy precious metals without intermediaries on a transparent platform which eliminates fraud risks associated with traditional marketplaces. To ensure security Sparklo has obtained an audit through InterFi Network and their Know Your Customer (KYC) audit is underway.

Migration from CHZ to SPRK

Due to concerns regarding CHZ’s performance many investors have began migrating towards SPRK’s presale hoping for better returns on their investments compared to what CHZ currently offers them .

Advantages Of Sparklo Over Chiliz

Investors are looking towards platforms like Sparklo that offer more real world utility than what CHZ currently provides them . Furthermore , due to decentralization nature ,transparency , security & lack of intermediates associated with investing on platforms like Sparklo , makes it desirable for investors who want secure investments .

Conclusion

In conclusion , due to various advantages offered by projects like Sparko , many investors have started migrating from CHZ towards SPRK . It remains yet to be seen if this migration will be beneficial for SPRK & if it will be able reach high levels adopted by millions globally .