Investors usually scramble to get into tokens that have sound potential and can provide massive gains. Popular cryptocurrencies such as VeChain (VET) and Dogecoin (DOGE) have positively impacted the market and offered immense profits for investors.
On the other hand, Sparklo, a new alternative investment protocol currently in its first stage of the presale, has gathered attention from investors. Analysts predict that Sparklo will surpass VeChain (VET) and Dogecoin (DOGE) and will be the best investment in the coming months.
VeChain (VET) Might Not Provide Gains In The Short Term
VeChain (VET) token started to trade for $0.24 on 24th August 2017. It later had a price of $0.001678, which was its all-time low on 13th March 2022. By June 2020 VeChain (VET) token broke the resistance of $0.0082, and the price rose to $0.022 by July 2020 and closed the year at $0.0220. October 2021 was very profitable for holders of VeChain (VET) tokens as VeChain (VET) token rose to a high of $0.12 on 9th October 2021, $0.12 on 23rd October, and $0.18 on November 2021.
Since then, the price of the VeChain (VET) token has been on a free fall to $0.078 by 14th December 2021 and $0.085 by the year’s end. Presently, the VeChain (VET) token costs $0.019. Its highest price was in march when it had a price of $0.085. This has resulted in analysts expecting little returns for the coming months; this is why they recommend Sparklo.
Dogecoin (DOGE) Price Not Showing Promise Amidst Whales Moving Over $410m
Recently, there has been a sudden movement of large amounts of Dogecoin (DOGE) by whales. This was discovered by monitoring services where a whale moved more than $400,000M worth of Dogecoin (DOGE) coin on-chain during the market downturn.
Data from a whale monitoring service, Whale Alert, showed that a whale moved $410,000M Dogecoin (DOGE) through several transactions, of which no transaction went to any known cryptocurrency exchange wallet.
Since no coins were sent to a cryptocurrency trading platform, analysts need clarification on whether whale intends to divest their Dogecoin (DOGE) coin holding or if the movement is for other reasons. Because of this, the price of Dogecoin (DOGE) experienced a 31.30% price reduction in the past seven days to trade at $0.085.
Sparklo (SPRK) Aims To Be The Top Cryptocurrency In The Coming Months
Sparklo will be the first alternative investment platform to create an NFT marketplace where investors and users can trade in fractionalized or minted NFTs. These NFTs are pegged to real-world assets like gold, silver, and platinum. A complete purchase of an NFT will result in the real-world asset being delivered to the investor’s location.
Sparklo is currently worth $0.013 and is in its first presale stage. We believe this is an excellent opportunity to enter a future blue-chip cryptocurrency at a fantastic price. Investing early would provide the best returns. Analysts even predict that the token will rise in the coming months by 100x.
Interfi Network audited the smart contract, and its liquidity has been locked for 100 years. The teams will also be unable to sell their tokens for 1,000 days. This ensures that Sparklo remains a secure and long-term investment.
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