After a shock sell-off, the bulls have regained control of the crypto market, with many cryptocurrencies, including Sparklo (SPRK) and Cardano (ADA) reacting positively to the trend change.
While Cardano (ADA), the more established project makes headlines, a new project Sparklo ((SPRK) is launching a new platform that will allow people to buy gold, silver, and platinum in small fractions. This is good news for those that have always wanted to invest in precious metals. Besides, Sparklo (SPRK) has other benefits we shall discuss soon.
Cardano (ADA) Marks Slightly Recovery From Bearish Trend
The crypto market is slowly recovering from a flash crash caused by false news of Mt. Gox beneficiaries selling their cryptocurrencies. Despite the chaos, Cardano’s (ADA) current price suggests it was less affected by the crash.
Cardano (ADA) has decoupled and is now trading at $0.4007, reflecting a 3.46% increase over 24 hours. While it is recovering from losses over the week, its on-chain metrics are positive. The trading volume has surged by over 98%, indicating the upswing is legitimate.
Given the current market volatility, Cardano (ADA) is expected to establish strong support at the $0.40 price level through Cardano (ADA) accumulation. Meanwhile, Cardano (ADA) typically moves with the market and has a strong correlation with Bitcoin.
Despite its independent bullish momentum, market influence cannot be ignored. If there is another cross-market sell-off, Cardano’s (ADA) growth may be adversely affected.
You can buy Sparklo tokens here.
Sparklo (SPRK): Invest In Silver, Gold, And Platinum With Token Presale
Sparklo (SPRK) is a Web3 Ethereum-based platform designed to make it possible for investors across all income brackets to invest in precious metals such as silver, gold, and platinum by utilizing fractionalized NFTs.
Investors have the option to either invest partially or acquire the entire NFT in order to receive physical delivery of the asset. Furthermore, Sparklo (SPRK) intends to collaborate with high-end jewelry retailers to feature their products on the platform, enabling users to purchase them directly. Offering competitive pricing, Sparklo allows users to buy and sell these precious metals sourced from leading brands.
Meanwhile, investors have a positive outlook on Sparklo’s potential, with numerous individuals anticipating the token to rank among the top 100 digital currencies in terms of market capitalization within the next year.
At the time of this writing, Sparklo (SPRK) is in the early phase of its presale and is priced at $0.015. However, the price is increasing by April 30th, from $0.015 to $0.017. Investors who buy the token will receive a 30% bonus on all buys.
Sparklo has implemented a tokenomics strategy with a maximum token supply of 1 billion tokens. The distribution of these tokens is as follows: 60% is allocated for the presale, 8% is designated for marketing initiatives, 8% is set aside for staking rewards, 10% is reserved for exchange listings, and 9% is dedicated to the advisory team.
Investors can buy the Sparklo token using different cryptocurrencies like Tether (USDT), Uniswap (UNI), Bitcoin (BTC), Binance Coin (BNB), Solana (SOL), Ethereum (ETH), Dogecoin (DOGE), and others.
Find out more about the Sparklo presale:
Website | Presale | Twitter | Telegram
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