Cryptocurrency investment is quickly becoming a popular trend. Let’s see how Solana (SOL), THORchain (RUNE), and Sparklo are faring in the investment market.
Sparklo (SPRK), The New Investment Platform
Sparklo is creating an alternative-investment platform for traders and investors to fractionally or wholly invest and trade precious metals like silver, gold, and platinum. It links global buyers and sellers looking for a safe platform to invest and trade.
Each investment will result in the minting and fractionalizing of an NFT backed by the equivalent real-life asset. If the user purchases the whole NFT, they can ship the real-world asset to a chosen location.
The team KYC application has been vested, and Interfi Network has audited the smart contract that governs Sparklo. The liquidity is locked for 100 years, ensuring investors’ funds and assets are secure and safe.
Sparklo is in its second presale phase, and tokens are selling for only $0.019, and buyers will get a 40% bonus on all buys.
Investing early into solid projects most times gives the most rewards.
Solana (SOL) Up By 2.9% in 24 Hours
Decentralized finance (DeFi) solutions are offered by the highly active open-source project Solana (SOL), which relies on the permissionless nature of blockchain technology.
Decentralized applications (DApps) are easier to construct because of the Solana (SOL) protocol. By adding a proof-of-history (PoH) consensus to the blockchain’s core proof-of-stake (PoS) consensus, it seeks to increase scalability.
The proof-of-history (PoH) consensus created by Anatoly Yakovenko is one of the crucial contributions Solana (SOL) brings. This idea permits the protocol to be scaled up more, which improves usability.
As a result of the high-speed processing rates the blockchain provides, Solana (SOL) is well-known in the Bitcoin community. With Solana (SOL)’s hybrid protocol, transaction validation times and smart contract execution can be significantly reduced. Solana (SOL) has also piqued institutional interest due to its quick processing times.
Solana (SOL) is trading at $22.55 at the time of writing and has a 24-hour trading volume of $243,826,507
THORchain (RUNE) Looks Like Token Could See A Price Decline
A decentralized liquidity protocol called THORchain (RUNE) enables users to easily exchange Bitcoin assets across several networks without giving up full custody of their holdings.
Users can easily exchange one asset for another using THORchain (RUNE) in a permissionless environment without relying on order books as a source of liquidity. Instead, the ratio of assets in a pool maintains market pricing.
THORchain (RUNE) received funds from an initial DEX offering (IDO) that went live on the Binance DEX in July 2019. April 2021 saw the debut of THORchain (RUNE) single-chain chaosnet, April 2021 saw the launch of its multi-chain upgrade, and June 2022 saw the launch of its Mainnet.
THORchain (RUNE) has dropped 5.12% in the past week and is currently trading at $1.29 with a total market cap of $243,826,507
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