The post Sparklo (SPRK) Projected To Explode While Polygon (MATIC) And Optimism (OP) See Price Dumps appeared first on Coinpedia Fintech News
In the next bull run, projects with solid fundamentals and long-term growth potential will outperform those without. For this reason, investors have been flocking to the Sparklo presale as analysts predict a 2,200 rise for this token in the next five months! Even some Polygon (MATIC) and Optimism (OP) holders have begun migrating to it as their respective cryptos are on a downtrend currently. Keep reading to find out why!
Sparklo (SPRK) With Never-Before-Seen Capabilities
Sparklo hopes to enter and dominate the trillion-dollar metal investing market by establishing the first-ever metal trading and investing platform built on the Ethereum blockchain. This platform will allow global investors to invest in and trade fractionalized NFTs backed by real-life precious metals such as Gold, Platinum, and Silver!
Sparklo will also partner with significant jewellery stores to help them advertise their new items. In return, investors will receive first access and price cuts on all these jewellery pieces by Sparklo partners – benefits for all parties involved!
Safety is another crucial aspect that Sparklo will focus on as an InterFi Network audit has already been performed, and the team KYC audit is now wrapping up. Plus, the Sparklo team announced it would lock liquidity for 100 years while freezing team tokens for a thousand days, eliminating the chance of rug pulls!
One Sparklo token will cost you just $0.017, but not for long! The presale is advancing rapidly, and price hikes are occurring weekly, with some experts even predicting that it may reach $0.40 by December 2023!
Sign up for this unique presale now, as we believe it possesses excellent short and long-term upside potential you do not want to miss out on!
Polygon (MATIC) Falls Below $1
Recently, Polygon (MATIC) fell below $1 for the first time since the start of 2023. On-chain data indicates that with the conclusion of the ETH2.0 migration, investors in Polygon (MATIC) appear to be losing faith.
And the Polygon (MATIC) token price mirrors that as it now trades at $0.9584, a fall of 2.34% overnight. The trading volume for Polygon (MATIC) has also fallen by 10.24% in that same time, sinking to $346,635,990.
Bearish sentiment can also be noticed if we look at the Polygon (MATIC) technical analysis, which shows that its moving averages and technical indicators show strong sell signals. Experts predict that this bearish trend may continue, and investors are looking elsewhere for profits as Polygon (MATIC) may drop to $0.90 soon.
Optimism (OP) Shows A Negative Price Action
According to an announcement from Optimism (OP), the Bedrock update has entered its consensus phase. This marks significant progress for the Optimism (OP) ecosystem as it gets one step closer to lower transaction costs.
However, the Optimism (OP) token value has not responded positively to this news, as it now costs $2.10, down 1.29% in the last 24 hours. The Optimism (OP) trading volume decreased by 13% in that same period and now sits at $64,579,426.
We can also see that Optimism (OP) is moving below its daily moving averages, indicating a bearish trend. Because of these charts, analysts foresee a fall to its support level of $2 soon for Optimism (OP).
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
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