Binance Coin’s (BNB) Recent Uptrend Predicted to Be Followed by a Reversal As Investors Choose Sparklo (SPRK)

With Binance Coin’s (BNB) repeated test of its resistance, which it has failed to break recently, investors see more potential in the Sparklo presale. This is due to Sparklo’s potential to record more growth than Binance Coin (BNB) and because it is significantly cheaper. Consequently, Sparklo’s presale trumps Binance Coin (BNB), with investors pulling out their money from the project to invest in the Sparklo presale.

Sparklo (SPRK): Imminent 2023 Top-Gainer Token

With tokens failing to break resistance and most already at their peak, investors are flocking to the Sparklo presale, which is still at its bottom. The significance is that Sparklo has only upward movement set in its sights, which early adopters can profit from.

Sparklo, as a blockchain-based investment platform, allows investment in fractionalized NFTs backed by precious metals such as gold, platinum, and silver. The revolutionary project allows investment in real-world assets, which can be physically collected after the purchase of the complete NFT and not fractions of it.

The presale costs just $0.017, with an additional 30% bonus for investors who purchase the tokens up until May 5th. Its projected growth of 3,000% in the following year, predicted by analysts and experts, shows Sparklo will be one of crypto’s top gainers in 2023.

In an attempt at transparency, the team has completed the smart contract audit, which was performed by the InterFi network. In addition, the KYC audit is also in its final stage, which aims to bring transparency to the project. Further, the liquidity has been completely locked for 100 years, which aims to improve security and investors’ confidence.


Binance Coin (BNB): Recent Price Uptrend is Primed to be Followed by a Reversal

2023 was a challenging time for the Binance ecosystem, which faced numerous challenges and hacks. Nevertheless, the native token of the Binance ecosystem, Binance Coin (BNB), is gaining momentum in the crypto market.

The chain’s recent decision to cut transaction fees by over 40% saw an influx of users to the network, which might have contributed to Binance Coin’s (BNB) recent uptrend. This won’t be the end of enticing development in the network, as the Luban hard fork testnet was performed on the BNB Smart Chain on April 27th. This improvement intends to usher in numerous improvements and new features on the network. Although the Luban upgrade is currently only available on the testnet, it should be launched on the mainnet soon.

While the network’s commitment to improvement is commendable and some metrics have improved in the chain, investors’ perceptions about Binance Coin (BNB) have yet to be completely swayed. Binance Coin (BNB) currently trades at $335, and after recording uptrends in recent times, it has yet to break its resistance after repeatedly attempting to do so.

This makes investors believe its recent uptrend of 4% and 6.5% in the past 24 hours and 30 days, respectively, at the time of writing will be followed by a reversal. Consequently, the Sparklo presale, which offers more potential, is seen as a more viable investment than Binance Coin (BNB).

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