Despite the recent crypto crisis that has affected the confidence of Ethereum (ETH) and VeChain (VET) investors, new projects are emerging that can withstand market downturns due to their use cases and wide utility. Sparklo is an emerging cryptocurrency project that aims to revolutionize the precious metals investment sector through blockchain technology and NFTs.
Sparklo (SPRK) offers a 50% bonus to early buyers
Sparklo is developing a blockchain platform that will facilitate investments in precious metals. Investors will be able to acquire fractional shares of these valuable assets in the form of NFTs, while those who purchase full NFTs will receive the corresponding physical precious asset delivered to them.
Meanwhile, Sparklo will enforce a 1,000-day lock on the team’s tokens and lock its liquidity for 1,000 years. The aim is to maintain stability. Additionally, Sparklo’s smart contract has undergone a thorough audit conducted by InterFi Network, demonstrating the platform’s commitment to investors’ security.
Presently, Sparklo tokens are available for purchase at just $0.026 per token. While Ethereum (ETH) and VeChain (VET) may be experiencing a positive trend at the moment, Sparklo offers investors an opportunity to diversify their portfolios with tokens backed by precious metals.
Ethereum (ETH) makes a bullish run toward $1,900
Ethereum (ETH), the second-largest cryptocurrency in terms of market capitalization, is showing signs of a potential turnaround. Recent price charts for Ethereum (ETH) indicate a notable decrease in volatility, indicating that the bearish outlook on Ethereum (ETH) may be losing momentum.
This decrease in volatility often precedes trend reversals and signifies a maturing market that is reaching a consensus among investors. As of today, the price of Ethereum (ETH) stands at $1,856.37. This reflects a 2.16% price increase over the past 24 hours and a 2.12% price increase over the past 7 days.
VeChain (VET) price drops below major support
The outlook on the weekly time frame for VeChain (VET) appears to be relatively bearish. VeChain’s (VET) price has dropped below the significant $0.022 horizontal support level, which is a critical development considering that the token’s price had previously shown signs of reclaiming it earlier in 2023. Additionally, VeChain’s (VET) weekly Relative Strength Index (RSI) is providing a bearish reading. The RSI indicator is currently below 50 and is decreasing, indicating a bearish trend.
As of the time of writing, the price of VeChain (VET) is $0.01959690, accompanied by a 24-hour trading volume of $34,214,667. Over the past 24 hours, the token’s price has experienced a 0.82% increase, while over the past 7 days, it has seen a 0.16% price increase.
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
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