The cryptocurrency market has been hit by an unexpected sell-off, forcing digital assets to lose their recently acquired gains. In the heat of the sell-off, the losses of Oasis Network (ROSE) and Frax Share (FXS) have eclipsed that of the broader crypto market.

Despite the selling pressure pulling down Frax Share (FXS) and Oasis Network (ROSE), Sparklo hasn’t skipped a beat, pushing on with huge momentum as money flows into the project which recently launched stage one of its presale.

Frax Shares (FXS) is Today’s Biggest Loser

Frax Shares (FXS) is an interesting cryptocurrency that introduced the concept of a digital asset being partially backed by collateral and partially stabilized algorithmically.

However, the bust of an algorithmic stablecoin in 2022 resulted in a huge step back for Frax Shares (FXS). Frax Shares (FXS) has been slowly recovering until today’s market sell-off.

Over the last 24 hours, Frax Shares (FXS) have tumbled by more than 9.5% – making it one of the worst-performing cryptos today. Frax Shares (FXS) now trades at $9.2 per coin – 77% lower than its all-time high.

The Struggles for Oasis Network (ROSE)

Oasis Network (ROSE) enjoyed early success and attention, but since its link to the Wormhole hacker, the Web 3-focused crypto platform has fallen out of favor with many developers and investors.

Once again, Oasis Network (ROSE) finds itself among the worst-performing top 100 cryptos, losing 10% of its value in just 24 hours. Oasis Network (ROSE) now ranks as the 100th largest crypto by market cap. If its bad fortunes continue, Oasis Network (ROSE) could lose its position.

New Sparklo Solution Attracts Investors to Buy into Presale

Sparklo is building the world’s first precious metals trading platform built on the blockchain. Investing in precious metals like gold, silver, and platinum has been marred by the lack of accessibility and the high cost of these bars.

To solve these long-standing problems, Sparklo comes up with a unique blockchain solution – fractionalization. On Sparklo, investors will be able to buy fractions of gold, silver, and platinum which will be minted as non-fungible tokens backed by physical assets.

Sparklo has garnered major attention from investors as the project seeks to break down the barriers between retail investors and existing traditional metal investing platforms.

Now in stage one of the presale, Sparklo currently retails for $0.015. As per the white paper of the project, 60% of Sparklo’s total supply will be issued through three different stages of pre-sale, making it a community-focused project.

Investors can buy Sparklo with a long list of cryptocurrencies including, Ethereum (ETH), Bitcoin (BTC), Tether (USDT) Solana (SOL), Dogecoin (DOGE), Binance Coin (BNB), Uniswap (UNI), and more.

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.