There’s no doubt that cryptocurrency is the new norm. But, with volatile and bearish conditions on the market—investors need to be on their toes to ensure they don’t get burnt. While some relatively stable tokens like PancakeSwap (CAKE) and Flare (FLR) are plunging on the market, traders have become anxious—seeking out other cryptos that will likely have long-term returns.
On the other end of presale pages, Sparklo has become a hot topic on the market. With strategic pricing and its innovative technology approach, the SPRK token is predicted to have a safe narrative.
Let’s look at the attributes of the three cryptos on the market.
As a cryptocurrency protocol, Sparklo is the first platform for members who will fractionally trade and invest in NFTs backed by precious metals. Investors can easily access less risky assets but provide maximum returns.
The revolutionary platform has two investment possibilities: investors wishing to diversify their portfolio and broaden their asset classes and asset types that can buy Sparklo tokens and precious metals on the platform.
Moreover, it has strategic partnerships that ensure new products reach the market at extremely good prices. With its growth set skyrocketing exponentially, Sparklo can easily become the future blue chip crypto. The project is still in its early presale stages.
Experienced inventors pretty much know that buying SPRK tokens earlier will have significant gains. So, the time to buy SPRK tokens is now! With just a price of $0.015, analysts anticipate its value to increase by 4000% by the end of the year.
The InterFi Network has done audits on the platform and found it a safe investment. It has also secured team tokens for the next 1000 days and will lock liquidity for 100 years. KYC audits are underway and will be completed soon enough.
Side Note—the presale price will increase by the end of the week to $0.017, marking a 13% increase on all buys before launch. Investors will also receive a 30% bonus on each token buy. Therefore, the time to buy is now!
The (CAKE) token has been on a declining streak, making it look unappealing to investors. PancakeSwap (CAKE) is currently trading at $2.705, which is a -22% change in trading volume. The token drastically plunges on the market chart after breaking out.
Analysts don’t see any confidence in PancakeSwap (CAKE) ever recovering and showing bullish optimism. It has left a bad taste in investors’ mouths, with most of them wanting to sell it altogether.
They continue to say that a correction is long overdue since the market is oversold and PancakeSwap (CAKE) has significantly shifted from the EMAs. The bears have also impacted the prices of PancakeSwap (CAKE), making it go down further to the support level.
PancakeSwap (CAKE), therefore, has higher market volatility that investors are trying to avoid. They’ll look for alternative investments that have room for growth.
You can say that Flare (FLR) was on its way to making greater heights after its launch. However, in the last seven days, the token has surely tested the will of its investors—many are becoming anxious if the current downward spiral is here to stay.
Flare (FLR) has dropped in its trading price by -13.10% and is currently trading at the price of $0.027292. Technical indicators show that Flare (FLR) is bearish, while the greed index suggests 64(Greed).
Flare (FLR) recorded a 14/30, which is roughly 47% green days and a 5.42% price volatility in the last 30 days—meaning that it’s not a great time to buy Flare (FLR). Other alternative investments that have room for growth are better options.
With both pricing and partnership strategies set in place at presale stages, SPRK is set to gain significantly. Join Sparklo today, and help revolutionise the cryptocurrency sector!
For more information on the SPRK presale, check out these links:
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