When Dogecoin (DOGE) made a significant movement in 2021, people started focusing on meme coins. This created an ideal opportunity for other meme coins to emerge. like Shiba Inu (SHIB).
However, these two cryptocurrencies are not currently doing well, and they are being threatened by alternative crypto projects such as Sparklo.
Dogecoin (DOGE) Is Struggling To Hold Onto Its Legacy
Dogecoin (DOGE) was created in 2013. Ever since its creation, the project has received a lot of positive attention. The meme coin eventually reached its peak popularity by 2021. However, the peak ended when the investors started shifting their focus to crypto projects that back up solid initiatives.
Shiba Inu (SHIB) Fails to Satisfy Investors
Shiba Inu (SHIB) came to the market following the footsteps of Dogecoin (DOGE). It experienced rapid growth, and Shiba Inu (SHIB) has secured a market capitalization worth $7.2 billion within a short time period. It also comes up as the 12th-best cryptocurrency, in terms of market capitalization. However, the recent price fluctuations left investors unhappy.
Sparklo (SPRK) Is The Ideal Cryptocurrency To Focus On
While mainstream cryptocurrencies are going down in value, it is completely natural for investors to panic. However, there is no need to worry too much about it because there are some alternative cryptocurrencies, like Sparklo, that are showing huge growth potential even in their presale stage.
Sparklo is an investment platform that will allow people to invest fractionally in silver, gold, and platinum. Each investment will result in an NFT being minted and fractionalized.
The Sparklo presale is still ongoing, and the price is only $0.013. However, experts believe the value will increase by 4,000% in the next three months.
With its huge growth potential, we recommend checking out Sparklo now.
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Source: https://coinpedia.org/press-release/sparklo-presale-is-a-threat-to-dogecoin-and-shiba-inu/