Kava, dYdX Record Opposite Performance In Q1 2023 as Sparklo (SPRK) Opens up Gold Markets


Both KAVA and dYdX have posted contrasting market performances in recent times. While KAVA has struggled significantly, dYdX has performed incredibly – even having a higher price than at the same time last year. . KAVA recorded a disappointing performance in Q1 2023, while dYdX recorded one of the best market performances in the past twelve months.

Even more exciting news is the upcoming launch of Sparklo (SPRK) – a presale token that many investors are talking about thanks to its incredible service offering and immense growth potential. Interestingly, Sparklo’s price is expected to rise at the end of April.

Sparklo (SPRK) Presale Introduces Crypto Community to Precious Metals Investing

Sparklo is a trading platform focused on investing in precious metals like gold, silver, and platinum. Sparklo stands out because it takes a unique approach to these investments. The platform uses Fractionalized NFTs to represent the size of a person’s holdings. These fractionalized NFTs can be redeemed for cash or traded among colleagues.

Even better, investors who purchase a full NFT can take physical possession of the underlying assets. To show its safety and security, Sparklo has published the results of its audit with Interfi on its website. It has also announced that liquidity will be locked for 100 years while team tokens will be locked for 1000 days.

Some of the main benefits that Sparklo’s users will enjoy include low fees, broad access to precious metals, and instant transactions. Sparklo is still in its presale phase, but the coin is expected to move from $0.015 to $0.017 by the end of April. Furthermore, Sparklo is also giving 30 extra tokens as a bonus to investors who buy now. As the crypto market becomes bullish again, Sparklo is scheduled to rally sharply and become one of the best-performing tokens in 2023.


KAVA Struggles to Recover In Q1, 2023

Kava has struggled to put up any strong bullish run to help it recover from its massive year-on-year price crash. KAVA was worth around $5.6 in April 2022; it dropped sharply to around $1.6 in May.

It recovered slightly to $3, but that recovery was short-lived. As November came by, the coin’s price fell even more until it was trading at $0.6. Kava has tried to return to its initial price position, but the coin has failed repeatedly. It has been unable to cross the $1 mark in 2023, which shows how much the coin has dropped.

Perhaps the only upside to KAVA’s market performance in 2023 is its relative stability compared to the previous year. The coin hasn’t witnessed any sharp drops in 2023 despite its inability to sustain a bullish run to take it past $1.

dYdX Records Super rally To Outperform Itself In the Past Twelve Months

One of the best-performing coins in 2023 is DY/DX. It is one of the few tokens to boast of price growth between 2022 and 2023. dYdX was trading around $2.1 around August last year. Despite a brutal market crash and a cold long crypto winter, dYdX has performed outstandingly.

Towards the end of November 2022, it rallied to $2.5, but the coins fell sharply to $1.1 just before the year’s return. By the 2nd week of January, the coin started a rally that took off from February. It has then risen sharply ever since. dYdX is trading at $2.6 – a higher price than where it was last year. No doubt, dYdX has put on a solid performance.

It remains to be seen how long their bull run can last, especially as the general crypto market is getting ready for a bull run.

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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