As April of 2023 approaches, investors should look for coins that will provide massive returns for the next year.
However, while investors are looking for promising cryptocurrencies to invest in, analysts expect Binance Coin (BNB) and Ripple (XRP) to see declines as Sparklo (SPRK) has become a favorite of many investors.
Binance Coin (BNB) investors start buying into the Sparklo presale
The larger cryptocurrency market has seen bullish momentum in the past weeks. However, Binance Coin (BNB), the fourth cryptocurrency based on market cap, is up just under 1% over the past week. Meanwhile, over the past 14 days, Binance Coin (BNB) has gained 2.2%, just as the broader cryptocurrency market has gained. The Binance Coin (BNB) token is trading at $318.53 at the time of writing.
Investors are looking for a new pre-sale token called Sparklo (SPRK). It quickly gets the attention of the crypto community due to its unique blockchain based idea.
Ripple (XRP) token is falling after a recent bullish trend
Over the past weeks, Ripple (XRP) has been among the top performers. Ripple (XRP) tokens have seen a 30% price increase in a given time, while other coins are in the red. Ripple token (XRP) is trading at $0.5074 as the broad crypto market is up 0.47%. Over the past day, the coin is down 0.29% and 1.32% over the past 7 days.
However, market analysts noted exhaustion on its uptrend. For example, over the past seven days, Ripple (XRP) has lost 1.1% of its total volume, reducing its trading volume to $850.5 million. In addition, technical data shows that since April 9th, Ripple (XRP) has been in an overbought state and remains at this level.
With this, investors expect a price correction in the coming weeks. Market analysts suggest looking at alternative investments such as Sparklo, which could provide significant gains in the coming weeks.
Sparklo (SPRK) offers a unique protocol to the crypto industry, with It aims to create an easy way for investors to invest in gold, silver and platinum. It does this through hashed and minted NFTs. Purchasing the entire NFT will send the asset (gold, silver, and platinum) to the investor.
The team runs KYC software, the smart contract has passed its audit with flying colors while the team will lock in liquidity for life, providing reassurance to those who buy and sell Sparklo (SPRK) tokens.
Sparklo (SPRK) is currently going to Only $0.015. Although Binance Coin (BNB) and Ripple (XRP) may see some price action in the coming months, we think it would be best to look at other cryptocurrencies with high growth potential. We think Sparklo could be a worthwhile investment that you should check out.
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