In 2023 we have witnessed some of the most unimpressive price rallies in a long time, probably because we are only just coming out of crypto winter. Coins like Zcash (ZEC) and Mina Protocol (MINA) have struggled significantly to maintain any positive price action.
At the same time, some new tokens like Sparklo (SPRK) continue to generate market hype, especially as its presale tokens are expected to rise in value by the end of April. Investors are excited because Sparklo brings an innovative way to gain exposure to precious metals – a concept that’s still very new to the web 3 community.
Zcash (ZEC) has Been Unable to Hold at $40 in the Past Three Months
Zcash (ZEC) is facing significant market pressure, resulting in its inability to reach and hold at the crucial $40 mark. Towards the end of February, Zcash (ZEC) was trading at $50.44, but its price dropped sharply towards the middle of March after news that Zcash (ZEC) was among 280 blockchains at risk of bug attacks.
Since then, Zcash (ZEC) has struggled to recover to $40. It reached $42 by early April, but the coin fell sharply again. Right now, it is trading at around $38.34. Zcash (ZEC) is one of the largest privacy coins but it faces intense competition from Monero, Dash, Horizen, and Verge.
Mina Protocol (MINA) fails to sustain February rally
Mina Protocol (MINA) is another token that has fallen sharply in the past few weeks to undo its February and early March price rally. By the end of January, Mina Protocol (MINA) was trading at $0.66, but it rallied by almost 50% to reach $1.12 by Mid-march, before dropping sharply back to 0.65.
The bearish run in March was short lived, and the coin’s price rallied to $0.9. Unfortunately, April has been rough for Mina Protocol (MINA). It hasn’t been able to sustain any bullish run. Despite trying to break above the $0.9 mark, Mina Protocol (MINA) dropped sharply back to $0.6. It will be interesting to see Mina Protocol (MINA) performance in the coming week, especially as the overall market becomes more bullish
Sparklo (SPRK) Presale Continues to Wow Investors As Token price is Expected to Rise by the End of April
One token investors can’t seem to get off their lips is Sparklo – a trading platform that caters to users who want to invest in gold, silver, and platinum. The precious metals industry has long been considered a haven against inflation. Recognizing the need of many investors at this economically challenging time, Sparklo presents a new, easy, and affordable way to gain exposure to your favorite precious metals. Sparklo offers the best of both worlds – low fees, broad access to precious metals from almost any location, and safety.
Sparklo relies on Fractionalized NFT technology to simplify the trading process for their users. A person’s holdings will be represented by NFTs allowing users to liquidate or trade NFTs among colleagues. Sparklo also offers delivery of physical assets to investors who purchase a full NFT. Sparklo is a safe platform for investors – it has already locked liquidity for 100 years. Furthermore, it has passed a security audit from Interfi, and the results are published on the website, which will be linked below. Sparklo’s price is just around $0.015 but it is expected to reach $0.017 by the end of April. Even better, investors who purchase Sparklo token now will get a bonus of 30 extra tokens, so now it’s a great time to join this project.
Find out more about the Sparklo presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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