Cryptocurrency

Chiliz (CHZ) and Dogecoin (Doge) Find Solace as Investors Tilt Towards Sparklo (SPRK)

IndustryTrends

Many investors are looking for the next big thing in the cryptocurrency business. While coins like Chiliz (CHZ) and Dogecoin (Doge) struggle to survive the bear market, Sparklo (SPRK) is gaining traction with investors.

Sparklo has demonstrated it holds great potential, to rank as the Top 100 cryptocurrencies causing investors to gravitate toward the initiative.

Chiliz (CHZ) Fails to Impress Investors

 Chiliz has been struggling a lot and according to experts,  the lengthy bear market is to blame for its poor performance. Cryptocurrency analysts predict that If the bear market continues, the price of Chiliz (CHZ) will plummet further.

Currently , Chiliz (CHZ) has a 24-hour trading volume of $69,217,057 and is trading at $0.120586.

The Chiliz (CHZ) coin is finding that its present level of usage is insufficient because its price has been falling over the past few years. Chiliz (CHZ) has actually decreased by more than 87% since reaching an all-time high of $0.52. Until it can secure more contracts with sports clubs and grow its user base, Chiliz (CHZ) is likely to see more volatility.

Dogecoin (DOGE) Loses Investors As Value Dips

Dogecoin (DOGE) is the largest memecoin in the world by market capitalization and also has one of the most active cryptocurrency communities on the planet. The Shiba Inu-themed memecoin, Dogecoin (DOGE), first gained notoriety in 2021 when its value significantly increased.

However, when the market euphoria faded, so did the value of Dogecoin (DOGE). From 2021 to the end of 2022, Dogecoin (DOGE) fell from $0.7316 to a low of $0.053, with thousands of traders losing interest in the process. One Dogecoin (DOGE) is currently worth $0.07362, a 17.38% decrease from the beginning of February.

Sparklo (SPRK) Continues to Gain Traction

 While the future of Chiliz (CHZ) and Dogecoin (DOGE) appears gloomy, a new cryptocurrency project Sparklo, is gaining tremendous steam as it enters the token presale stage.

This traction can be attributed to the crypto industry's anticipation of the first blockchain-based metal trading platform. With Sparklo, investors will be able to buy fractions of precious metals including silver, gold, and platinum. 

To enable investors to purchase smaller amounts of gold, silver, and platinum, Sparklo will develop fractional NFTs. Investors who buy an entire NFT will be able to have these digital assets delivered to their homes and backed by real precious metals.

The InterFi Network has already audited Sparklo, adding to the project's credibility. Additionally, without the use of middlemen, the site will bring together buyers and sellers from all around the world. This will increase the market range of trading these NFTs.

Sparklo's token (SPRK) presale has begun, and investors have been purchasing the token in droves. In the first stage of the presale, Sparklo is currently trading for $0.015 USD.

Sparklo (SPRK) has been soaring at an unprecedented rate since the launch of its presale, with some analysts predicting it will make a 40x increase by the end of 2023.

If you're looking for a new project with a great success percentage, you shouldn't pass up this opportunity with Sparklo (SPRK).

Find out more about the presale:

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