Investors are always looking for assets that’ll bring forth long-term returns. This has made many gravitate towards cryptocurrency. While many coins are set for success, like Sparklo, Others like Dogecoin (DOGE) and Cronos (CRO) have crashed following their launch.
It’s, therefore, important to understand when to buy and what to avoid in order to enjoy upside potential. In this article, we explore SPRK, a forthcoming project currently in the presale phase. And why it’s predicted to have a 40x return on investments.
Sparklo (SPRK): Groundbreaking Alternative Investment
The precious metal trading industry has left so much to be desired, as traditional platforms have high transaction fees, limited assets, and lengthy transactional delays. However, Sparklo is set to change all that.
The Ethereum-based platform will use blockchain and NFT technology to make trading and investing in precious metals straightforward for investors. Any investment option on the platform will be minted as an NFT backed by real luxury precious metals, which are then fractionated and sold.
The approach has made metal trading become accessible to low-income individuals. Moreover, investors who purchase the whole NFT will get a physical asset equivalent to the NFT delivered to their desired address. Sparklo has also partnered with famous jewellery stores to help make new products easily accessible to investors.
Far from that, it’ll ensure priority selection and discounted prices for its investors. As a decentralised platform, SPRK will allow traders to enjoy low transaction fees, globally accepted, as well as no lengthy delays in transactions.
To improve the platform’s security, Sparklo has used a smart contract audit completed by Interfi Network. A Know Your Customer audit is in its final stages and will be completed soon. Moreover, it’ll freeze team tokens for 1000 days and liquidity for 100 years—which shows long-term commitment.
With just a presale price of 0.017, you’ll be able to buy its token. The price will rise soon by 4000%, which is why you need to get on board one. Additionally, you’ll get a 30% bonus on each purchase expected to end by 5th May 2023, so it’s definitely a win for early investors.
Why Is Dogecoin (DOGE) Price Dropping Drastically?
Attracting big personalities like Elon Musk, Dogecoin (DOGE) seem to still be among the biggest losers in the crypto market. After the announcement that Twitter will integrate Dogecoin (DOGE) into it. It was intended that Dogecoin (DOGE) would be used as a payment.
Investors invested in Dogecoin (DOGE) and expected that after the integration of Dogecoin (DOGE) would foresee a price explosion. As of now, there’s no news about this adoption, and they have made new investors to delist Dogecoin (DOGE).
Moreover, those that invested earlier on before the announcement made huge profits by 120%, doubling their investments. They’re now withdrawing from the platform, making the coin sink even further.
At the moment, its price stands at $0.078. It’s, therefore, bad business to invest in the coin now.
Cronos (CRO) Has a 23% Rally Up: Will the Momentum Continue?
Emerged as a top performer last week, Cronos (CRO) is flying under the radar for most investors. It registered an up rally of up to 23%. Can this trigger more Cronos (CRO) price gains in the coming days? We’re not sure.
If market sentiment is anything to go by, then Cronos (CRO) is still on the red. Last month alone, Cronos (CRO) weighted sentiments had a downtrend up to the negative. Investors have since lost hope in Cronos (CRO) and are looking for other presale gems that’ll have organic growth.
Sparklo Stands Out from the Crowd
SPRK will rake in a 40x return on investment as an alternative investment. It is, therefore, imperative to buy now at the presale stage to enjoy significant gains.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.