Sparklo presale entices crypto investors as the coin is expected to be among top performing coins in 2023, while tokens like AAVE and MultiversX (EGLD) have struggled to return to their 1-year price performance. Both coins have declined significantly, and recovering their lost value no longer seems on the cards. It seems both tokens are still feeling the effects of the crypto winter, as they both lost over 50% of their value each. However, Sparklo (SPRK) seems unfazed, and many expect it to have a wonderful year and even become the main challenger to dominant cryptocurrencies.
MultiversX (EGLD), formerly known as Elrond, has recorded one of the worst market performances in the past year. MultiversX (EGLD) was trading at around $149 in late April 2022. The coin started dropping sharply as the first major market crash of 2022 hit. By November , MultiversX (EGLD) was trading around $45. It rebounded to around $51 in March 2023 before falling sharply back to $41.18. MultiversX (EGLD) price has struggled to return to its pre-crypto winter price. The coin seems unable to maintain any bullish run. Perhaps because the general market sentiment is not yet bullish. As some investors feel that the end of the crypto winter has begun, it will be interesting to see how MultiversX (EGLD) price performs.
AAVE dropped by over 50% in its year-on-year performance. AAVE was trading for around $158 by the first week of May 2022. The coin then dropped sharply as the market collapsed twice. FTX collapse was especially bad for AAVE because many finance protocols like lending apps and crypto exchanges were exposed to FTX. When the crypto exchange collapsed and triggered a market crash, many finance protocols saw a sharp reduction in network activity. Many also faced significant liquidity issues, which led to reduced trading activity. AAVE rebounded in the past few weeks to reach $84, but the performance was short-lived and dropped sharply again.
Sparklo recently announced the upcoming launch of its trading platform dedicated to helping investors easily trade precious metals from the comfort of their homes.
Sparklo is a one-of-a-kind trading platform that caters to the specific needs of investors who want exposure to gold, silver, and platinum. In addition, Sparklo offers low fees, wide access to precious metals, instant payments/withdrawals, and the chance to own NFTs.
Sparklo uses fractionalized NFTs which represent a person's portfolio. Investors are allowed to also trade their NFTs with colleagues. Otherwise, they can redeem it for cash by liquidating their holdings. Investors who purchase a full NFT can choose to have the underlying asset delivered to their homes or any location they choose.
Sparklo is in the early phases of its presale, and its token costs a small amount – just $0.015. As a result, we believe that Sparklo will be one of the best-performing assets in 2023, and this might be the best time to join the project, especially as its price is still very low. If you want to learn more about the presale, check the links below.
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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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.