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Just like the total crypto market cap, cryptocurrencies such as Filecoin (FIL) and Aptos (APT) have been in a bearish trend in the past week, losing the gains recorded at the beginning of the year. Notwithstanding, one coin has been able to withstand the market’s bearish pressure and that is Sparklo’s SPRK. Besides, analysts have projected a 5,000x increase in the token’s value before the end of 2023.
Sparklo (SPRK) stuns the crypto space with innovative investment approach
Sparklo is one project that will take DeFi investment to new heights as it seeks to bridge the DeFi and precious metals industry. Sparklo’s platform will allow investors to buy and own fractional shares of gold, silver, and platinum in the form of NFTs.
Moreover, Sparklo plans to score partnerships with jewelry shops, allowing investors to enjoy discounts and exclusive access to new jewelry collections. The platform has implemented a 100-year liquidity lock and a 1000-day lock on the team’s tokens. InterFi Network has conducted a smart contract audit. Hence, investors have nothing to worry about.
Currently, Sparklo tokens are available for purchase at just $0.026 per token. With its innovative approach and strategic positioning, Sparklo is poised to become a prominent player in the crypto sphere.
Aptos (APT) plunges to $8.06
The latest analysis of Aptos (APT) price indicates that bears are controlling the market. Despite a strong bullish trend in the market over the past week, Aptos’ (APT) selling momentum is now gaining strength. Meanwhile, the 4-hour chart suggests a possible trend reversal. Sellers are striving to solidify their dominance, and if they successfully breach the support levels at $8.00, Aptos (APT) may experience further losses.
On the other hand, if Aptos (APT) buyers stage a comeback and push prices upwards, they could test the resistance at $8.55. At the time of writing, Aptos (APT) is trading at $8.06 today. This represents a 1.83% price decline in the last 24 hours and a 7.00% price decline in the past 7 days.
Filecoin (FIL) price analysis: a drop to $4?
On the 4-hour chart, Filecoin’s (FIL) price has formed a bearish pennant pattern, indicating a temporary pause in the ongoing downtrend. However, a breakdown below the support trendline of this pattern could trigger a significant bearish movement, projecting a potential 12% Filecoin (FIL) decline. If Filecoin’s (FIL) price continues to drop, it may find support at levels like $4.2, $4, and $3.55.
The price of Filecoin (FIL) currently stands at $4.45, accompanied by a 24-hour trading volume of $109,134,627. Over the past 24 hours, Filecoin’s (FIL) price has experienced a slight increase of 0.11% in price but has declined by -1.90% over the past week.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
