Cryptocurrency

Ethereum Whale buying into Sparklo (SPRK) shows signs that it could be the next big thing

IndustryTrends

Across the blockchain space, a lot of whale movements can be an indication of which direction a cryptocurrency might swing in next. While there are not any guarantees within any strategy, knowing what whales are getting can be an indication of the next high-growth cryptocurrency.

Whales that have heavily accumulated the Ethereum (ETH) cryptocurrency are moving towards buying Sparklo, and this can be a sign that it can reach new heights throughout 2023 and beyond.

Ethereum (ETH) Hals Its Growth In Value

When looked at from the perspective of its market capitalization, the Ethereum (ETH) cryptocurrency has seen a massive level of success, maintaining its position as the second largest.

Ethereum (ETH) boasts one of the largest ecosystems in regard to Decentralized Applications (dApps) and Decentralized Finance (DeFi) use cases.

Recently, the Ethereum (ETH) network completed the Shanghai upgrade, which enabled ecosystem participants and validators to finally be able and unstaked their staked Ethereum (ETH).

The staking process occurred when Ethereum (ETH) moved to the Proof-of-Stake (PoS) consensus model. On April 18, 2023, the coin traded at $2,098.68, with a 24-hour difference of just 0.1%. In the last 30 days, the coin increased in value by 18.5%. Here can see that it halted its overall growth, and its future is uncertain.

Sparklo (SPRK) Begins Accumulating Massive Interest from Investors

Sparklo will be the first blockchain investment platform that will specialize in enabling users the ability to make investments in Silver, Gold, and Platinum.

Any user can invest on top of Sparklo, where a non-fungible token (NFT) will get minted, then fractionalized. Each NFT will represent Silver, Gold, or Platinum, and as such, users can either buy a fraction of a gold bar, for example or buy it fully.

Those who aim to diversify their portfolio can make an investment in both the SPRK token, as well as the precious metals on top of the platform, leading to more exposure to different types of assets and classes.

Picking The Right Cryptocurrency For Diversification In 2023 and Beyond

Sparklo is being developed as the first alternative-investment platform that is exclusively tailored toward cryptocurrency investors who have an interest for precious metals.

Historically, getting access to precious metals has been difficult for many people, either due to the transportation and storage or due to the high costs associated with getting them.

By implementing fractional ownership, Sparklo ensures that the assets are a lot more liquid and that more people than ever before will have access to them.

At the Level One presale, the value of the SPRK cryptocurrency is $0.015. Analysts predict that it can climb to 40x its current value by the end of 2023. The team is currently processing a KYC application, and the platform has already been audited by InterFi Network. The liquidity will also be locked for 100 years, while the team tokens will be locked for 1,000 days.

Find out more about the presale:

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