Dogecoin (DOGE) And Ethereum (ETH) Resilient But Money Flowing More Into Sparklo (SPRK)

Bitcoin holds steady above $27k, major cryptocurrencies like Ethereum (ETH) and Dogecoin (DOGE) are already showing upside momentum despite all the uncertainties in the global markets.If, by any chance, this means a potential crypto bull run is around the corner, then it would spell good tidings for low-cap cryptos. That’s because cryptos that enter the market just before bull runs tend to give a good ROI.

Sparklo is one of the upcoming cryptocurrencies that could change fortunes if the current resilience in the crypto market continues. Some analysts predict that Sparklo (SPRK) has the potential to do 4,000X in gains within 2023.

Sparklo presale gains momentum as investors eye 4,000X gains

Sparklo (SPRK) is following the steps of other recent crypto presales that have given investors 1,000%-plus in gains. Sparklo (SPRK) is currently in its second presale stage after a successful first-stage presale. The second stage of the presale is doing well too, and the price has already been adjusted upwards from $0.019 to $0.036. Investors are rushing in to take advantage of the presale.

Sparklo (SPRK) has an interesting use case that could transform the trading of precious metals. Sparklo aims to achieve two goals: Cut out the middleman in precious metals trading through P2P trading, and make it easier for the small guy to buy precious metals in the form of redeemable NFTs.

Even as the Sparklo (SPRK) team focuses on building the platform, they know decentralized platforms’ challenges, especially the risk of hacks. For this reason, the Sparklo (SPRK) team has ensured that the reputable InterFi Network thoroughly audits the smart contract. At the same time, Sparklo (SPRK) has a 100-year hold on liquidity to forestall a rug pull by the founding team.

Combining the above factors gives Sparklo (SPRK) a real potential for 4,000X or more gains.

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Ethereum (ETH) has a confluence of positive indicators

Ethereum (ETH) is in the middle of positive news that could see it do well in the short term. One good news about Ethereum (ETH) is that transaction fees are dropping. This is likely to spur activity on the Ethereum (ETH) network, a factor that could play a positive role in the price of Ethereum.

At the same time, Ethereum (ETH), available for trading on exchanges, is shrinking. This follows an increased pattern of investors moving their Ethereum (ETH) into cold storage. This means demand is increasingly chasing the shrinking supply of Ethereum (ETH), which is good for the price.

A positive outlook for Ethereum (ETH) also spells good tidings for Ethereum-based tokens, especially upcoming ones like Sparklo (SPRK).

Also read: https://coingape.com/crypto-presale-projects-to-invest/

Dogecoin (DOGE) transaction numbers hit all-time highs

Dogecoin (DOGE) has been making headlines recently and for all good reasons. The recent launch of the DRC-20 standard for launching tokens on the Dogecoin (DOGE) network is one of the biggest.

As more meme coins launch on the Dogecoin (DOGE) network, the number of transactions is surging. Despite the surging transaction numbers, the price of Dogecoin (DOGE) is yet to show any significant rally in the price. Instead, investors focus more on upcoming cryptos like Sparklo (SPRK), which have a low market cap and strong use case that could slingshot their prices to the stratosphere.

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