The competition in the cryptocurrency space is heating up and projects are doing all they can to maintain the advantage. Polkadot (DOT), one of the leading blockchains has now integrated Tether (USDT), the biggest stablecoin, into its network. Meanwhile, Sparklo (SPRK) has been projected to claim a top 100 crypto position because of its unique investment platform that solves problems plaguing traditional precious metals investment platforms.
Investors bet on Sparklo (SPRK) as the next blue-chip crypto
Sparklo is creating the first decentralized marketplace where cryptocurrency investors can buy and sell precious metals like silver, gold, and platinum without the restrictions of traditional investment platforms. Because Sparklo is built on a blockchain, investors will benefit from a transparent, cheap, trustless, and easily accessible platform when buying precious metals.
Sparklo will issue fractionalized NFTs to investors who buy gold, silver, and platinum on the marketplace. These NFTs are backed by the physical assets stored in different vaults, and any investor who buys the entire NFT can choose a location where the gold, silver, or platinum bar will be delivered to. For transparency, the Interfi Network has audited Sparklo’s smart contract while Block Audit has vetted the Sparklo team.
Many market experts have predicted that Sparklo holds significant growth potential, and could rally by as much as 5,000% before the end of 2023. Currently selling at $0.030 per token with up to a 50% bonus on Sparklo purchases, this is a great opportunity to buy into one of the next blue-chip crypto projects competing for a spot in the top 100 cryptos.
Polkadot (DOT) continues to trade flat despite USDT launch
On May 25, Polkadot (DOT) announced that the biggest stablecoin, Tether (USDT) had added support for its blockchain. Shortly after, Binance, the world’s largest crypto exchange added support for deposits and withdrawals of USDT on the Polkadot (DOT) network. The Tether support also applies to the parachains on eh Polkadot (DOT) network.
Despite the news, the price of Polkadot (DOT) showed no significant momentum and has continued to trade sideways. Over the last 24 hours, the price of Polkadot is marginally up by 0.2%, compared to the 1.6% gains of the global crypto market. Polkadot (DOT) now trades at $5.27, and if there is no change in momentum, the price of the token could drop below $5.2 for the first time since January.
We definitely believe that Sparklo (SPRK) is a very promising investment opportunity which you should check out below