The cryptocurrency market has experienced ups and downs in the past few days with many tokens turning bearish. In the league of tokens whose performance was below par are Immutable (IMX) and Render Token (RNDR), making holders move to more profitable projects like Sparklo.
Meanwhile, Sparklo has continued to generate excitement in the crypto space with more investors signifying their intention to purchase the token as the presale goes on. Let’s dive into Sparklo and explore why it has outpaced both Immutable (IMX) and Render token (RNDR).
Sparklo (SPRK) is bringing precious metals to the crypto market
Nobody could have expected a relationship between cryptocurrency and precious metals until Sparklo brought the idea. Sparklo is bridging the gap between cryptocurrency and precious metals by allowing investors to invest in precious metals such as Gold, Silver, and platinum. These precious metals will be minted into fractionalized NFTs of which investors can purchase a fraction of the NFTs or the whole part. Purchasing the entire NFT attracts free delivery to the desired choice of destination.
This represents an opportunity for average investors to partake in the often elusive metal industry. Having been audited by Interfil Network and undergoing KYC application, Sparklo intends to lock its liquidity for 100 years, making it a safe and secure investment for skeptical and undecided investors who are looking for the next booming crypto project.
This is a good opportunity for jewelry stores to bring their products to the crypto market with the help of Sparklo. The platform creates a meeting point for investors who are looking to purchase jewelry products and jewelry stores who are looking to sell their products. At the current price of $0.026 per token, investors can position themselves for the project that has been predicted to skyrocket by 1500% before the year runs out.
Immutable (IMX) partners with MetaStudio to improve metaverse gaming
Immutable (IMX) – the leading Ethereum Layer 2 Scaling solution, has secured a partnership with the hugely popular Portuguese game studio MetaStudio to bring innovative changes to metaverse Gaming. With this dynamic partnership, MetaStudio can use Immutable (IMX) layer 2 infrastructure to provide players with an amazing gaming experience and secure ownership of in-game assets.
On the flip side, immutable (IMX) is currently battling the red zone, with 2% of its value dropped in the last 24 hours. With Immutable (IMX) market capitalization standing at $684 million, the recent partnership may be the pedestal for Immutable (IMX) to shoot up again. So far, Immutable holders are moving to the Sparklo presale which offers more benefits.
Render Token (RNDR) surrenders to bear market as price dips
Investors are in limbo with the Render Token (RNDR) after yet another dip caused the Render Token (RNDR) price to slump by 2.38%. Since making huge inroads in the crypto space when it was first launched, Render Token (RNDR) has failed to sustain the kind of performance that endeared it to investors in the first place.
At the current trading price of $2.54, and with Render Token’s (RNDR) 24-hour trading volume also reducing from 280 million to 250 million since the beginning of the month, the chances of Render Token (RNDR) pulling up after the struggle remains a big task. With Render Token (RNDR) not showing any sign of recovery, its investors are already moving over to the Sparklo project to make profits.