AAVE is a decentralized finance platform that allows users to borrow or lend tokens. The price has been affected by a recent downtrend, 11% in the past seven days and 1.4% in the past 24 hours at the time of writing. Furthermore, the current valuation of AAVE, $71, is far from the all-time high recorded in 2021, which was $666. Considering its bearish streak, investors are pessimistic about its chance of reaching or surpassing that price.
As a result, AAVE investors are now considering investing in the presale of Sparklo, which is more likely to provide them with better returns. After researching the project, it isn’t surprising why AAVE investors are enthusiastic about investing in its presale.
Sparklo is a project in the precious metal investment industry that aims to overhaul its ecosystem and crypto landscape. It is a real-world investment platform where users can invest fractionally in tangible assets like silver, gold, and platinum. The investment, in turn, is tokenized as a non-fungible token (NFT). Investors can also decide to have the precious metals delivered to them if they purchase the complete asset.
The fundamentals and unique protocol of Sparklo (SPRK) are one of the reasons why AAVE investors are opting to participate in its presale. They are in for the technology and probably also the art.
(by Mark Peterson)
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