Meme coins, in the crypto world, are considered a unique niche. There is no real-world backing in these meme coins, but there is a community that supports these cryptocurrencies.
When meme coins were introduced, they gained much support and attention. However, the trend or the demand for meme coins seems to be over, and they are being replaced with new and innovative cryptocurrencies, such as Sparklo.
Dogecoin (DOGE) Is Still The Leading Meme Coin
When it comes to meme coins, Dogecoin (DOGE) is still holding its leading position. However, the price of Dogecoin (DOGE) continues to drop. In 2021, people expected the value of Dogecoin (DOGE) to go beyond $1. However, it didn’t happen. The price is currently under $0.06. This clearly shows how much the value of Dogecoin (DOGE) has dropped. Since the community around Dogecoin (DOGE) is moving away from it, even the future of this cryptocurrency looks doubtful.
Shiba Inu (SHIB) To Follow The Same Trend
Shiba Inu (SHIB) is a cryptocurrency that emerged along with the success of Dogecoin (DOGE). When the interest in Dogecoin (DOGE) drops, the demand for Shiba Inu (SHIB) continues to go down as well. Due to the same reason, investing in Shiba Inu (SHIB) cannot be considered a good thing.
The current trading price of Shiba Inu is under $0.00001177. This is much lower than the promising highs that the coin performed in 2021.
Sparklo (SPRK) Will Be An Excellent Alternative Investment
Instead of investing in meme coins, it is a good idea to invest in projects that can deliver worthwhile returns. This is the main reason why cryptocurrency investors should think about investing their money in projects such as Sparklo.
Sparklo is a new cryptocurrency project that will allow people to invest in NFTs, backed with precious metals, such as gold, silver, and platinum. This cryptocurrency project has a massive potential to grow in the future.
The Sparklo presale has just started, and the price is only $0.013. Cryptocurrency experts predict this will grow by 4,000% in the upcoming months.
The liquidity of Sparklo will be locked for 100 years, and the project was audited by Interfi Network. It clearly shows how impressive the Sparklo project is.
Find out more about the presale:
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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Source: https://www.thecoinrepublic.com/2022/12/26/dogecoin-doge-and-shiba-inu-shib-investors-to-buy-sparklo-sprk/