With the ever-evolving nature of the cryptocurrency market, keeping up with the trends is vital in determining what to invest in.  For instance, following what big money players are doing is becoming increasingly important in choosing what cryptocurrency to buy. At the momen...
With the ever-evolving nature of the cryptocurrency market, keeping up with the trends is vital in determining what to invest in.
For instance, following what big money players are doing is becoming increasingly important in choosing what cryptocurrency to buy. At the moment, there is a lot of whale activity around Sparklo.
Analysts expect Sparklo, a cryptocurrency still in the presale stage, to outperform the market in the next bull run.
There is so much investor interest around Sparklo (SPRK) that some analysts believe it is a potential top 100 crypto that could do 4,000X once it hits the market.
Sparklo Demand Shoots Up Ahead Of Price Jump
Sparklo (SPRK) is still in the presale stage, but it has seen a considerable surge in demand in this period. This is mainly driven by the Sparklo (SPRK) presale price being set to go up from $0.015 to $0.017 on 30th April 2023.
Besides the upcoming increase in the presale price, investors have been flocking in to take advantage of the bonus Sparklo (SPRK) offers.
During the presale, Sparklo (SPRK) investors get 30% more for the tokens they buy. This is a big deal as it means getting access to more of a highly in-demand token with 4,000X or more potential.
Sparklo (SPRK) is increasingly gaining investor interest for its use case. Sparklo (SPRK) wants to make precious metals easily accessible to everyone. Through Sparklo (SPRK), investors can invest in tiny fractions of Gold, Platinum, and Silver.
Investors are also finding Sparklo (SPRK) attractive for being one of the most transparent presale cryptocurrencies in the market today. InterFi Network audits the Sparklo (SPRK) smart contract, and no issues have been found.
At the same time, Sparklo (SPRK) has a 100-year liquidity holdup. This means investors don’t have to fear that the founders will dump on them after the presale, as with many rug pulls.
Monero (XMR) No Longer A Darling Of Investors
Monero (XMR) was hot in the early days of crypto. Launched in 2015 while trading at cents, Monero (XMR) hit highs of over $500 in the 2017 cryptocurrency bull market.
However, things have since changed. While Monero (XMR) fundamentals remain strong, momentum has, over time, moved to other cryptocurrencies.
Today, Monero (XMR) is just another cryptocurrency in the top 100 and rarely gets any news or updates that would warrant market excitement.
Analysts don’t expect this scenario to change for Monero (XMR). With investors constantly looking for new cryptocurrencies such as Sparklo (SPRK), the odds are that Monero (XMR) may find it hard to retest its all-time highs at any point in the future.
Litecoin (LTC) Buying Volumes On a Year-on-Year Downtrend
Like Monero (XMR), Litecoin (LTC) was one of the cryptocurrencies that topped the charts in gains back in 2017. However, the bear market of 2018 and the subsequent entry of new cryptocurrencies giving investors better profit potential, saw investors gradually lose interest in Litecoin (LTC).
Litecoin (LTC) was also particularly hit because its founder sold all his coins at the peak of December 2017. This gave the wrong impression to investors, and Litecoin (LTC) is yet to recover from that.
Even in the crypto bull run of 2021, Litecoin (LTC) failed to retest its all-time highs. With weak prospects for growth, it is not surprising that Litecoin (LTC) investors are increasingly looking to new high-potential cryptocurrencies like Sparklo (SPRK).
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