Despite the bearish sentiments hanging over the crypto market for the last three weeks, projects have continued to see remarkable developments. Sparklo (SPRK) tops the list, successfully selling out the first presale stage and entering into stage two amidst the bearish market. On the other hand, the self-acclaimed Doge father, Elon Musk has issued a severe Dogecoin (DOGE) warning.
Sparklo (SPRK) completes stage one presale despite the bear market
Although the crypto market has been predominantly bearish over the last three weeks, Sparklo has successfully completed its first presale stage. Sparklo has been able to gather support from investors because of its unique offering as the first alternative investment platform where individuals can buy non-fungible tokens (NFTs) backed by precious metals like gold, silver, and platinum.
Unlike competing NFT marketplaces, the NFTs issued on Sparklo are backed by precious metals stored in highly secured vaults. If an investor purchases a whole NFT representing a gold bar, they can choose an address where the gold bar will be delivered to. All investors need to purchase any of these precious metals-backed NFTs is to open an account with Sparklo and deposit a fiat currency like USD or EUR.
The Sparklo marketplace provides enough liquidity for buyers and sellers. Sparklo also allows investors to instantly redeem their NFTs or digital tokens for fiat which can be withdrawn from the platform. By creating the world’s most accessible precious metals investment platform, retail investors are joining Sparkle in-mass. Sparklo is in the second stage of its presale and you can buy SPRK tokens for $0.026 apiece, and wait for the projected 4,000% gains over the next year.
Elon Musk issues Dogecoin (DOGE) warning
Elon Musk, a firm believer in Dogecoin (DOGE) has finallya broken his silence. In his latest interview with the Wall Street Journal, Elon Musk warned investors not to bet “the farm” on Dogecoin (DOGE). Although Elon Musk has bought Dogecoin (DOGE) in the past, he advised investors not to bet their everything on the meme coin. Despite the advice, Musk explains that Dogecoin (DOGE) remains his personal favorite digital asset.
Dogecoin (DOGE) did not react well to the comments from one of its biggest advocates. Over the last 24 hours, the price of Dogecoin (DOGE) has dropped by 3.5% and 10.4% over the last month. At the time of this writing, Dogecoin (DOGE) now trades at $0.07059 and is ranked as the eighth largest crypto with a market cap of $9.85 billion.
Find out about the Sparklo (SPRK) presale using the links below:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance