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Following a fantastic start to 2023, many cryptocurrencies, including Cardano (ADA) and Dogecoin (DOGE), are now showing red charts. While these tokens continue to battle against bears, analysts focus on another promising project that may yield the same or even greater profits – Sparklo! In its presale run, this project may change the game for metal trading and investing, becoming a fan-favorite in the process! Let’s see why!
Sparklo (SPRK) – A Presale With Immense Growth Potential
Sparklo will bring about a unique Ethereum-based metal trading platform where users can purchase or trade 100% asset-backed fractionalized NFTs representing actual precious metals such as Silver, Gold, or Platinum!
So say goodbye to purchasing the entire item for a ludicrous amount; on Sparklo, even low-income investors can own a metal fractionally. However, if you buy the whole NFT, Sparklo will also take the extra step and deliver the actual asset that backs the NFT to your chosen location!
Sparklo will also be a safe platform as the team will lock liquidity for 100 years while freezing team tokens for 1,000 days. Not only that, InterFi Network has already performed an audit of the project, and an upcoming KYC audit will further strengthen its security.
Currently, Sparklo has a presale price of just $0.017. But keep in mind that the presale is young (Level One), and as it grows, so will its value. With some experts predicting a rise to $0.30 by December 2023, now is the perfect moment to purchase it for an affordable price!
Follow the links below and do not miss out on this potential blue-chip crypto, expected to rise by 1,664% soon!
>>>> BUY SPARKLO TOKENS <<<
Cardano (ADA) – New Djed Deployment Does Not Help
The Djed Alliance recently announced that a new deployment of the Djed stablecoin protocol was launched on Milkomeda-C1, a Cardano (ADA) sidechain. More importantly, this Cardano (ADA) sidechain is EVM-compatible, marking the first deployment of Djed on Solidity.
However, this news has not affected the Cardano (ADA) token price as it trades at $0.3856 with a market cap of $13B, down 1.53% in the past 24 hours. The trading volume for Cardano (ADA) has also plummeted by 19% in that same period and now sits at $222,951,300.
Bearish sentiment can also be seen for Cardano (ADA) if we look at its technical analysis, which shows both technical indicators and moving averages with strong sell signals. Bears currently control Cardano (ADA), causing experts to predict that its value may drop to $0.3395 by December 2023.
Dogecoin (DOGE) – In A Constant Downtrend
Dogecoin (DOGE) has been in a downtrend these last few weeks, losing 14% of its value in the previous 14 days. This can be attributed to the general disinterest in meme tokens such as Dogecoin (DOGE).
And the Dogecoin (DOGE) trading volume reflects that as it now sits at $262,672,878, which is a fall of 20% in the last day alone. Dogecoin (DOGE) is trading hands at $0.07853, down 0.63% overnight.
With both its technical indicators and moving averages showing red, Dogecoin (DOGE) is predicted to continue this downward movement as analysts foresee a fall to its support level of $0.070 soon.
Find out more about the presale:
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Source: https://insidebitcoins.com/news/the-sparklo-sprk-presale-captures-the-spotlight-while-cardano-ada-and-dogecoin-doge-lose-it