The post Apecoin (APE) and MultiversX (EGLD) Lose Investors to Sparklo (SPRK) as Experts Predict a 4,000x Year appeared first on Coinpedia Fintech News
The fast-paced nature of the cryptocurrency market means investors are on the constant lookout for projects offering great investment opportunities. At a point, Apecoin (APE) and MultiverseX (EGLD) were a perfect fit for investors.
However, for several reasons, Apecoin (APE) and MultiversX (EGLD) no longer hold as much appeal as they once did. As a result, these investors looking for alternative investment platforms, have stumbled upon Sparklo which experts believe has the potential for a 4,000x year.
Apecoin (APE) Loses Investor Allure
Bored Ape Yacht Club (BAYC) is one of the most successful NFT collections. Building on its success and popularity, BAYC launched Apecoin (APE) in March 2022 via airdrop and the crypto was an instant hit.
Apecoin (APE) was so successful that it caused the Ethereum (ETH) blockchain where it was launched to halt. However, Apecoin (APE) has lost interest and momentum since it launched, causing many investors to find alternative opportunities.
The fall of ApeCoin (APE) can be hinged on its use. Apecoin (APE) was designed to be the utility and governance token behind the APE ecosystem. Asides from this, there is little left Apecoin (APE) is used for asides trading.
MultiversX (EGLD) Investors Grow Weary
MultiversX (EGLD) offers more utility as it builds a highly scalable, secure, and decentralized blockchain network. the MultiverseX (EGLD) project was created to enable faster new applications, for users, businesses, society, and governments.
MultiversX (EGLD) allows developers to deploy highly scalable smart contracts, DeFi protocols, and dApps on the platform. However, not as many developers as MultiversX (EGLD) would have liked are building on the network.
The low developer activity hasn’t helped the growth and price movement of MultiversX (EGLD). This is why investors are slowly moving out of MultiversX (EGLD), despite it being one of the more unique projects.
Sparklo To Be the Best Investment of 2023
Sparklo has been dubbed one of the best investments for 2023 because it has both utility and solves problems. Sparklo is building the first-ever blockchain-based investment platform where people can trade gold, silver, and platinum.
Gold, silver, and platinum are very expensive metals often sold in bars (when not a piece of jewelry). In addition, finding where to buy and hold these precious metals is an even bigger challenge.
On Sparklo investors will be able to buy fractions of these assets as NFTs. The NFTs will hold the same value as the portion of gold, silver, or platinum they buy. Even better, these NFTs are backed by actual gold, silver, and platinum.
Sparklo’s presale is presently underway for $0.015. Experts estimate Sparklo can generate a 4,000x return in the first year of operation due to its problem-solving framework and potential market share.
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