In the relatively bearish crypto market, it will take an effort to find projects in an uptrend. Maker (MKR) is one of the numerous tokens currently facing bearish battles, which investors are considering not investing in.
With Sparklo, a presale token, to the rescue, investors are now confident about enjoying some respite from the bear market by investing in a project poised to moon.
In this article, we will explore why investors perceive Sparklo presale as a more viable investment than Maker (MKR).
Maker (MKR): The Decentralized Lending Protocol Led by a DAO
Maker (MKR) is one of the world’s largest decentralized lending protocols. Led by a decentralized autonomous organization (DAO), it oversees its operation, as holders of Maker (MKR) vote on proposals.
In efforts to improve its protocol, Maker’s (MKR) DAO is working over time. The DAO has been actively participating in voting on proposals that are intended to benefit the protocol and elevate it.
Some of the proposals the DAO has made on behalf of Maker (MKR) and the protocol include increasing the stability fees and voting to create a Coinbase Custody as a collateral asset.
After the conclusion of the vote regarding the opening of a vault for Coinbase Custody, up to $500 million was transferred in USDC stablecoins. Maker (MKR) protocol will receive 2.6% yields annually on deposits.
Despite efforts and improvements in Maker’s (MKR) protocol, Marker (MKR) is barely enjoying a surge in price. At the time of writing, Maker (MKR) is trading at $703, with a 2.9% and 2.3% increase in the past 7 and 30 days, respectively. This has led to doubts about whether the changes made would impact Maker’s (MKR) price positively.
Moreover, investors have been considering alternative projects with more promises of uptrend movement, such as the Sparklo presale.
Sparklo (SPRK): The Project with an Uptrend Movement Inclination
Sparklo presale is a project coming to investors’ rescue in this current bearish market. Sparklo is a blockchain-based investment platform that deals in rare metals such as silver, gold, and platinum bars. As a precious-metal-based investment platform, it aims to provide accessibility to investment in precious metals through investment in fractionalized non-fungible tokens (NFT) that are backed by exquisite metals.
In addition, the presale costs only $0.017 and features a further 30% bonus on purchases until the 5th of May. This allows early adopters to accumulate more tokens, which translates to more profits, which, according to experts, can exceed 4,000% next year.
In addition, to promote transparency, the KYC audit is almost at its final stage, while the smart contract has been audited by InterFi Network, which it passed with flying colors. Without forgetting the liquidity, it has been locked for a lifetime—100 years—which has further improved trust in the project.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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