Polkadot (DOT) Down by 50% amid Impressive Litecoin (LTC) Performance and Sparklo (SPRK) Presale

Despite a largely bearish atmosphere, some cryptocurrencies have grown impressively in the past  few months. Polkadot (DOT) and Litecoin (LTC) have shown their year-on-year performance, and they are a stark contrast to each other. While Polkadot (DOT) has fallen sharply from where it was a year ago, Litecoin (LTC) has recovered impressively, despite the crypto winter. Now the market is gradually recovering, it would be impressive to see how these cryptocurrencies perform. Finally, investors who desire exposure to gold and silver are pumped by the upcoming release of Sparklo (SPRK) – the world’s first crypto exchange dedicated to precious metals.

Polkadot (DOT) Drops by 50% in Year on Year performance

Polkadot (DOT) is down by more than 50% from a year ago. Then, Polkadot (DOT) was worth around $16.7 and had an average daily trade volume of over $500 million. Today, its price has dropped to about $6, with a daily trade volume of about $150 million. Polkadot’s (DOT) drop can be attributed to the crypto winter, among other factors. 2022 was far from the best year for cryptocurrencies as the market witnessed two major collapses. The FTX-led collapse was worse for the market as it made investors a bit wary. Polkadot (DOT) has posted an average market performance in the last three months, so it would be interesting to see if it can reclaim its previous $16 price position.

Litecoin (LTC) Price Recovers Impressively

Litecoin (LTC) has pulled off an impressive price recovery that brings it close to its highest year-on-year price level. Litecoin (LTC) was trading for $106 but dropped sharply to $44 by June 2022. The coin continued to struggle despite being affected by the crypto winter. By mid-February 2023, Litecoin (LTC) was back to $106. It dropped again in March but has recovered since and is now trading around $90. In a market where the crypto winter wiped out more than 50% value of most crypto coins, it is no exaggeration to say that Litecoin (LTC) has pulled off something impressive.

Sparklo (SPRK) Presale Causes Buzz in Investment Community

Speaking of inflation and loss of value, many investors have been looking for alternative investments that protect wealth, especially after 2022 and early 2023. Thankfully, Sparklo has announced the upcoming launch of its trading platform, which will cater to traders looking to invest in gold, silver, and platinum. Sparklo will give users from around the world never-before access to precious metals.

The platform will rely on fractionalized NFTs for its precious metals investments. The share of a person’s portfolio would be the same share of the NFT minted to represent a bar of gold, silver, or platinum.

Investors who purchase a full NFT, and thus a full precious metal bar, can deliver the asset to their homes or any secret location they want. Sparklo is creating a community of investors, allowing traders to buy or sell Sparklo NFTs, representing a person’s share of precious metals, thus increasing overall liquidity for Sparklo.

Users who invest in these precious metals via Sparklo’s trading platform will also enjoy some of the lowest fees available. To show they mean business, Sparklo has locked up liquidity for the next 100 years, while team tokens have also been locked for 1000 days.

Currently, Sparklo is trading for just $0.015, and we believe investing in Sparklo at this price point would be a great opportunity. To find out more about the presale, check the links below.

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance