There are a few innovative and promising cryptocurrency projects out there, and these include Polkadot (DOT) and Avalanche (AVAX).
These projects are backed up with completely new ideas, but no matter how good the project idea is, both are currently struggling to increase their values. Investors are instead interested in investing in new alternative investments, like Sparklo.
Avalanche (AVAX) Is A Promising Cryptocurrency Trapped In The Bear Market
Most cryptocurrency investors agree that Avalanche (AVAX) is a promising cryptocurrency. This is why the token value associated with Avalanche (AVAX) raised to $146 back in November 2021.
However, the current trading price of the AVAX token is just $17. This is merely due to the bear market. When the bear market ends, Avalanche (AVAX is expected to show better returns.
Polkadot (DOT) Struggles In The Bear Market
Polkadot (DOT) was another prominent cryptocurrency project that could give stiff competition to Ethereum (ETH). That’s because the cryptocurrency enabled an innovative Decentralized Finance protocol within the blockchain. The high level of scalability associated with Polkadot (DOT) is one of the biggest factors behind its success.
Polkadot (DOT) can handle a higher number of transactions when compared to Ethereum (ETH). A good thing about the Polkadot (DOT) project is that it doesn’t need any sidechains in layer two, such as Polygon (MATIC).
Sparklo (SPRK) Is An Outstanding Alternative Investment
It is a wise decision to invest in initiatives that can provide significant profits rather than struggling ones. This is the key rationale behind why cryptocurrency investors must consider funding initiatives like Sparklo.
A brand-new cryptocurrency initiative called Sparklo will allow investors to purchase precious metals like gold, silver, & platinum in NFT form.
The Sparklo presale has recently begun, and the token price is only $0.013. According to cryptocurrency specialists, this will increase by 4,000% in the following months.
Also, Sparklo’s liquidity is secured for 100 years, and Interfi Network assessed the project. These demonstrate how amazing the Sparklo initiative is.
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