The blockchain space has made many success stories. From people getting into well-established projects to lesser-known projects typically just entering the Web3 space.

The savviest and most experienced crypto investors know that presale-stage projects can have the highest growth potential. However, they also require a lot of caution and research prior to making investments.

One of the latest projects that have grabbed the attention of many investors and traders due to its technology, market momentum, and overall appeal is Sparklo.

Conflux (CFX): A Decrease In Its Weekly Gains Leads to Worried Investors

Conflux (CFX) as a blockchain is decentralized and scalable and aims to offer users and developers access to high throughput by implementing a consensus protocol known as “GHAST” that utilizes a Tree-Graph structure.

However, there has been high competition in the field, and the value of Conflux (CFX) has suffered. The Conflux (CFX) cryptocurrency has been trading at $0.365702 on April 18, 2023. In the last seven days, Conflux (CFX) decreased value by 15.8%. Here, we can see an indication that the Conflux (CFX) cryptocurrency is entering the red zone, leaving investors worried about its future, thinking that it is not a good investment option moving forward.

Stacks (STX) Showcases Volatile Performance That Is Not Preferable for Investors

Using Stacks (STX), developers could create smart contracts and decentralized applications (dApps) on top of Bitcoin, and all of the transactions are also hashed and settled on top of the network.

The Stacks (STX) cryptocurrency has significantly decreased in value in the past month. On April 18, 2023, it was trading at $0.850899, signaling a decrease of 26.3% in the last 30 days. Based on the poor recent performance behind Stacks (STX), it is clear why investors and traders are diversifying with lesser-known altcoins with high-growth poten

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Author: Crypto Daily

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