• Conflux (CFX) and Immutable (IMX) are currently on a downtrend, prompting investors to consider Sparklo’s presale as an alternative investment.
• Recent developments by Conflux have failed to improve the token’s value, which has been on a downward trend for the last 7 days.
• Immutable (IMX) recently announced plans to launch a new game in 2021, but this news has yet to affect its price movement.
Conflux’s (CFX) Recent Developments
Conflux (CFX) is a public layer-1 blockchain designed to power decentralized applications, Web3 infrastructure, and e-commerce through its decentralized, secure, and scalable protocol. Conflux (CFX), dubbed China’s Polygon (MATIC), is the country’s only regulatory-compliant blockchain. Recently, the blockchain proposed to deploy Uniswap v3 on its network alongside offshore Chinese Yuan (CNH). In addition, the network also plans to join Curve Wars with its token (CFX) bridged to the Ethereum (ETH) mainnet following Binance’s announcement that it will now support Conflux (CFX) mainnet integration. Despite these developments, Conflux’s token has been stuck in a downtrend over the past 7 days and is currently valued at $0.28.
Immutable’s (IMX)
Immutable (IMX) is a layer-two scaling solution for non-fungible tokens on Ethereum(ETH). The blockchain was designed with improved scalability and user experience compared to Ethereum as well as zero gas fees for minting and trading NFTs. Gadget-Bot announced that they will be launching their sci-fi game “Kadairo” this year on Immutable’s platform but despite this news there has been no significant effect on IMX’s price which currently trades at $0.95 after suffering from a 15% drop in the past 7 days.
Why Sparklo is Better than CFX & IMX
Given CFX & IMX’s downward prices movements investors have their gaze fixed on Sparklo’s upcoming presale as an alternative investment option with high hopes of an uptrend price movement due to their recent developments such as deploying Uniswap v3 alongside CNH and joining Curve Wars among other things,.
Conclusion
In conclusion, Sparklo offers investors an attractive presale opportunity due to its highly anticipated features such as zero gas fees for minting & trading NFTs which could potentially result in an uptrend in terms of price movement unlike CFX & IMX whose prices remain stagnant despite some recent developments made by both tokens respectively .