The cryptocurrency market is currently in an uncertain position as regulators across the globe continue to pile pressure on the market. Two cryptos that could benefit immensely if the situation improves are Binance Coin (BNB) and Conflux (CFX). These two can potentially do 5x, as current pointers are showing.
For investors looking for big gains in the 1,000x range or more, then Sparklo is where the big gains are likely to come from.
Sparklo wants to make the precious metals market more accessible to the average investor. Unlike the current setup, anyone can invest in gold, silver, and the like through Sparklo. This will be possible through NFTs, where investors can buy tiny fractions of their favourite precious metal. But that’s not all; those with the money to purchase whole NFTs can take physical delivery of the NFT they are buying.
However, that’s not the only reason why Sparklo is exciting the market. There is also the fact that it is safe. Its smart contract is audited by InterFi and found to be bug-free. Also, with a 100-year liquidity lockup, the founding team has no pathway to pull a rug pull.
While it is still in presale, investors are also increasingly drawn by Sparklo’s price action. To understand why it was trading at a meager $0.015 in stage one of its presale. After several presale adjustments in stage one and stage two, its price was at $0.04 and in its current stage 3 one SPRK token is $0.055 . Investors expect even bigger returns once Sparklo enters exchanges.
Conflux (CFX) could benefit from an influx of Chinese investors
Arthur Hayes, the founder of Bitmex and one of the most influential voices in crypto, believes Chinese investors could drive the next crypto bull run. Arthur’s sentiments, if they come true, hold good news for Conflux investors. That’s because it is the only regulated cryptocurrency in China. This means that if Chinese investors flood the crypto market, Conflux would be one of the first cryptos they turn to. This has led many analysts to believe it is a 100X crypto.
While that’s a potentially high return, Conflux is no match for cryptos still trading in the basement, such as Sparklo. Given its current presale momentum, analysts expect Sparklo to do at least 1,500% within 2023.
Binance Coin (BNB) resilient despite Binance’s regulatory issues
Binance has been under a lot of pressure lately. Naturally, this means Binance Coin is also under much stress. After the SEC issue in the US, Binance announced that it would no longer be able to operate in the Netherlands after failing to obtain a virtual license. Despite all these issues, Binance Coin is holding steady. This indicates that Binance Coin could easily do 5X or more in a full-blown bull market once the regulatory environment clears up.
That’s exciting, but it is nothing compared to Sparklo, which analysts believe has the potential to do 1,500% or more in gains once it starts trading on exchanges.
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