Polkadot (DOT) And Avalanche (AVAX) Under Bearish Strain, Sparklo (SPRK) Now The Best Investment Choice
Over the last few weeks, Polkadot (DOT) and Avalanche (AVAX) have been on a downward trend, erasing their gains to start this year. However, amidst the bearish market conditions, there is one coin that has managed to resist the downward pressure: Sparklo’s SPRK. Moreover, analysts have forecasted a 5,000x surge in the token’s worth in the coming months.
Sparklo (SPRK) captures the interest of crypto investors
Sparklo is set to revolutionize DeFi investments by bridging the gap between the precious metals industry and the DeFi sector. Through its platform, Sparklo will enable investors to acquire fractional shares of gold, silver, and platinum in the form of NFTs.
Additionally, Sparklo will establish partnerships with jewelry shops, providing investors with benefits such as discounts and exclusive access to the latest jewelry collections. Meanwhile, the platform has implemented robust security measures, including a 100 years liquidity lock and a 1000 days lock on its team’s tokens.
Additionally, InterFi Network has conducted a thorough smart contract audit on Sparklo’s platform, certifying it is safe for investors. Presently, Sparklo is available for purchase at an affordable price of just $0.026 per token. Experienced investors are already pilling loads of SPRK ahead of the project’s launch.
Polkadot (DOT) price decline extends, more drop incoming?
Polkadot’s (DOT) price analysis signals a bearish outlook as the market undergoes a notable decline. Over the past 24 hours, there has been a slight decrease in Polkadot’s (DOT) price, indicated by its sideways movement. Currently, Polkadot (DOT) is trading at $5.23, reflecting a 0.39% decline in the past 24 hours and a 2.43% decline over the past 7 days.
Polkadot (DOT) is now approaching a critical support level of $5.15. If the token’s price falls below this level, it may further decline to $5. On the upside, a significant resistance level is observed at $5.40. A breakthrough of this resistance could potentially trigger a rally towards $5.71, indicating a 6% appreciation if achieved by Polkadot’s (DOT) price bulls.
Circle launches EURO-based stablecoin on Avalanche (AVAX)
Circle, the issuer of USDC, has introduced Euro Coin (EUROC) on the Avalanche (AVAX) Network. In a tweet posted on May 25, Circle announced the availability of its EUROC stablecoin on the Avalanche (AVAX) blockchain, marking its expansion to multiple chains.
Circle firmly believes that introducing the Euro Coin to Avalanche (AVAX) will not only enhance the liquidity of the Euro but also provide global users with the option to engage in euro transactions using Euro Coin on the Avalanche (AVAX) network. However, despite this recent addition to the Avalanche (AVAX) Network, its native token, AVAX, is trading at $14.04, representing a 0.94% decline in the past 24 hours.
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
The post Polkadot (DOT) And Avalanche (AVAX) Under Bearish Strain, Sparklo (SPRK) Now The Best Investment Choice appeared first on CoinChapter.
Filed under: Bitcoin - @ June 2, 2023 10:00 am