By 
In the crypto market, optics are as important as the fundamentals. When investors are optimistic about a cryptocurrency, it can rally regardless of the fundamentals. The same applies in reverse.
This is the case with Vechain (VET), which continues to see a price decline despite its strong fundamentals. Similarly, volumes have significantly declined for ApeCoin (APE) despite its strengths in the NFTs space.
Analysts don’t expect these cryptocurrencies to pick up any time soon as new cryptocurrencies like Sparklo offer investors a higher potential for gains. The momentum around Sparklo (SPRK) is already so high that analysts believe this cryptocurrency is headed into the top 100 by market cap within 2023.
Vechain (VET) Stagnates As Newer Cryptos Take The Stage
Vechain (VET) has been stagnant for a while now, and even in the March/April 2023 crypto rally, it didn’t see much in gains. Analysts believe as new cryptocurrencies with enough hype enter the market, Vechain (VET) will be unable to sustain momentum going into the future.
At the same time, many other cryptocurrencies already offer Vechain (VET)’s key selling point. This, coupled with weak marketing, means the potential for Vechain (VET) to give investors exponential gains is pretty weak.
Its large market cap also hampers Vechain (VET)’s chances of exponential gains. At its current market capitalization, the odds of Vechain (VET) giving investors anything more than 5X in gains is pretty low.
On the other hand, cryptocurrencies like Sparklo (SPRK) that are still trading on the ground floor have huge potential, and investors and analysts are betting big that 1000X or more in gains is possible.
ApeCoin (APE) Stagnates As Investors Seek Better Opportunities
ApeCoin (APE) today is a pale shadow of what it was in 2021. At the time, ApeCoin was all the rage as the next big thing in NFTs. However, ApeCoin (APE) has since fallen out of favor with investors.
One of the key reasons ApeCoin (APE) has lost favor with investors is the issue surrounding the ownership of the BAYC line of NFTs. Crypto is a high-risk market, and any controversy always causes investors to flee and, in most cases, never to return.
At the same time, ApeCoin (APE) is struggling because NFTs without substance beyond hype have lost favor with investors. For this reason, ApeCoin (APE), whose market traction was based on meme NFTs, has lost momentum.
That and ApeCoin (APE)’s huge market cap means it stands no chance compared to new market entrants like Sparklo (SPRK).
Sparklo Takes The Market By Storm With Its Revolutionary Concept
Sparklo (SPRK) stands out because it is new and has quite a strong use case. With Sparklo (SPRK), investors can invest fractions of precious metals like Platinum, Gold, and Silver as NFTs.
Unlike ApeCoin (APE) NFTs and many others in the market today, Sparklo (SPRK) NFTs have underlying value backed by some of the best assets globally.
At the same time, Sparklo (SPRK) is still in the presale stage, which means anyone buying now is early. At the moment, Sparklo (SPRK) is trading at $0.015 presale.
Investors also love that Sparklo (SPRK) is an incredibly transparent cryptocurrency compared to most. InterFi audits Sparklo (SPRK)’s smart contract. There is also an ongoing audit for KYC. With all these factors at play, Sparklo (SPRK) is undoubtedly a potential top 100 cryptocurrency in the making.
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
Comments