The high volatility of the crypto market means that prices are always fluctuating. Established cryptocurrencies and new currencies alike face the same volatility. Avalanche (AVAX) has recently struggled, leaving investors seeking high-yielding alternatives.
However, Sparklo (SPRK), a new project has caught the attention of the crypto community and is gaining traction as a result. Its goal is to utilize blockchain technology and NFTs to establish an alternative investment platform, enabling members to invest in fractionalized trading of silver, gold, and platinum bars.
Avalanche (AVAX) Shows Great Volatility As Bearish Move Continues
Despite the Cortina Mainnet Rollout this week, the price of Avalanche (AVAX) has not been able to join the bullish part of the market. The latest analysis of Avalanche’s (AVAX) price indicates a volatile downtrend, as the price plummeted to $17.40 today.
According to CoinGecko, the current trading price of Avalanche (AVAX) stands at $17.40, with a 24-hour trading volume of $345,795,544. This reflects a decline in the price of 1.80% over the past 24 hours and an 8.20% drop in the past 7 days.
After experiencing a significant drop from $21.52 on April 19th, Avalanche (AVAX) has shown signs of recovery over the past few days and has climbed back up to $17.72. Despite this positive trend, Avalanche (AVAX) bulls remain focused on surpassing the resistance level of $18. Meanwhile, the trading volume of Avalanche has increased by over 53% in the past 24 hours, but not enough to force a bull market.
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Invest in Precious Metals with Sparklo (SPRK) Token Presale
Sparklo (SPRK) is an Ethereum-based decentralized platform that aims to democratize investment in precious metals, including gold, silver, and platinum, through fractionalized NFTs. The platform offers investors the choice to invest partially or purchase the entire NFT. If you buy a full NFT, Sparklo (SPRK) will send the underlying precious metal to you anywhere you are.
Additionally, Sparklo (SPRK) plans to partner with luxury jewelry retailers to showcase their products on the platform, giving users the ability to purchase them directly. The platform provides competitive pricing, enabling users to buy and sell precious metals sourced from top-tier brands.
Currently, Sparklo is in the early stages of its presale and is valued at $0.015, with the price expected to rise to $0.017 by the end of April. Investors who purchase the token during this time will receive a 30% bonus on all purchases.
Investors have the option to buy Sparklo tokens using various cryptocurrencies, including Bitcoin (BTC), Binance Coin (BNB), Tether (USDT), Uniswap (UNI), Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), and others.
Because Sparklo launches in one of the biggest industries in the world – precious metals – numerous investors are optimistic about Sparklo’s (SPRK) potential. Many have predicted that the token will reach the top 100 cryptocurrencies in terms of market capitalization within the next year.
Find out more about the Sparklo presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Source: https://www.thecoinrepublic.com/2023/04/30/sparklo-continues-to-boom-as-avalanche-price-plunges-into-losses/