• The decline of two notable cryptocurrencies, NEAR Protocol (NEAR) and VeChain (VET), has led investors to look towards the presale of an altcoin called Sparklo (SPRK).
• NEAR Protocol (NEAR) has decreased by 20.5% in the last 14 days, while VeChain (VET) declined by 10.9% in the past month.
• Sparklo is a platform being developed to allow people to make investments in precious metals such as silver, gold, and platinum.
This press release talks about recent ICOs, announcements from startups, and new cryptocurrency launches by firms that can be difficult for investors and traders to know what to look out for. But with the decrease in value surrounding two notable cryptocurrencies: NEAR Protocol (NEAR) and VeChain (VET), investors have moved towards investing in the presale of an altcoin called Sparklo (SPRK).
Performance of NEAR Protocol (NEAR)
Despite activity and growth throughout its ecosystem, the value of the NEAR Protocol (NEAR) cryptocurrency has been on a decline. On May 2nd, 2023 it traded at $1.82 – down 8.5% over 30 days and 20.5% within 14 days prior to that date. Despite this drop in price there have been multiple announcements made regarding upcoming events like their next town hall where they will be unpacking consensus and sharing ecosystem updates or their SailGP community event & pitch fest.
Performance of VeChain (VET)
VeChain recently announced that they would integrate their technology with winners‘ trophies at an international tennis tournament held in Italy; ETHNews also noted how they impressed investors at Consensus 2023 event but these did not stop its value from declining rapidly over time: trading at $0.02088402 on May 2nd – down 10.9% over 30 days and 5.1% within 7 days before that date with a 24-hour decrease of 4.8%.
Sparklo’s Growth From Investor Interest
The Sparklo platform is being developed to give people chances to invest in precious metals such as silver, gold, and platinum – gaining massive momentum after the drops seen from both NEAR protocol & Vechain due to investor interest drawn towards this new project for its potential future success given its current standing compared against other major altcoins currently on the market today..
In conclusion, we can see how investors are turning away from prominent cryptocurrencies like NEAR Protocol & Vechain due to their respective drops in performance which leads them towards more promising opportunities like Sparklo which shows great potential through its development plan & current standing amongst other active coins currently available on market today making it a viable choice for many traders looking for quick gains off short-term investments through presales or initial coin offerings..