Sparklo (SPRK) Presale Doubles Up As Avalanche (AVAX) Price Dumps
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Sparklo is a relatively new player in the cryptocurrency world, planning to be in the top 100 listed coins soon after its launch. Splarklo is breaking through the investment industry by creating a revolutionary platform encouraging retail investors to invest in the metals market even with limited capital. Let us compare how Sparklo with fares against Avalanche (AVAX).
Sparklo (SPRK) is Already In Phase Two Presale
Tokens are being sold during the second stage of the Sparklo presale for just $0.019 each, plus there is a 40% bonus on all purchases, so if you buy 5,000,000 tokens, you will also receive 7,000,000 tokens. The bonus will expire on May 12, on Friday if the second phase is not sold out by then.
After a successful first presale stage, Sparklo has commenced its second phase and is already recording large volumes as a number of investors are trooping in to get some bag of tokens.
To enable traders and investors to make fractional investments in silver, gold, and platinum, Sparklo will provide the first alternative investing platform. Each investment creates and fractionalizes an NFT on the blockchain backed by an equivalent real-world asset.
In order to provide investors with early access to and discounts on purchases, Sparklo will also work with jewelry retailers to assist them in bringing their products to market. Any investor who buys a full NFT can have the actual asset delivered to a specific address.
The Interfi Network has audited Sparklo and approved the team KYC application, so investors can be confident that their transactions are trackable and cannot be altered once registered on the blockchain.
Avalanche Loses 7% In The Past Week
The recent fall of market prices have taken a toll on Avalanche (AVAX) as it has lost over 7% in its price value over the last week. The coin, which now trades at $15.32 has lost 28% since its monthly high peaked at $21.56 in April.
Avalanche (AVAX) is a layer-1 blockchain foundation for decentralized applications and private blockchain networks. One of Ethereum’s competitors, it seeks to replace Ethereum as the most widely used blockchain for smart contracts. By having a larger transaction output of up to 6,500 transactions per second without sacrificing scalability, it seeks to achieve this.
Higher throughput is made possible by this split of computing activities without sacrificing decentralization. By adhering to this modular design, Avalanche enhances its compatibility with other blockchains looking to join the Avalanche ecosystem.
Avalanche creates three interconnected blockchains to resolve the blockchain trilemma.
The native AVAX coins and other assets are created and exchanged via the Exchange Chain (X-Chain). These tokens adhere to established guidelines, much like the ERC-20 standard on Ethereum. The Avalanche consensus process is employed.
Smart contracts and decentralized applications are hosted via the Contract Chain (C-Chain). Developers can fork EVM-compatible DApps using their Avalanche Virtual Machine comparable to the Ethereum Virtual Machine. It makes use of the Snowman consensus algorithm.
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