Despite Dogecoin rally on Dogeday, investors flock to Sparklo as Avalanche declines.
After a recent rally, the crypto market is showing signs of cooling off as several major cryptocurrencies experience price corrections. Dogecoin, however, has seen a 3.7% increase on “Dogeday,” thanks to increased social sentiment. Meanwhile, investors are showing interest in Sparklo, a Web3 project designed to make investing in precious metals more accessible. The project has launched its first stage of token presale, offering investors the opportunity to buy fractions of precious metals as non-fungible tokens backed by physical assets. This concept has attracted investors, and Sparklo’s white paper suggests that the project is focused on community involvement, with 60% of its overall supply distributed through presale stages. Investors can purchase the Sparklo token using a variety of digital currencies, including Bitcoin, Ethereum, Dogecoin, Binance Coin, Solana, and Tether.