By The world of cryptocurrency is a dynamic space with different cryptos vying for investment and attention. Two assets that are in the spotlight currently are Sparklo (SPRK) and Ethereum (ETH).
Given its prospects as the first precious metals investment platform on the blockchain, analysts have predicted that Sparklo (SPRK) will outperform Ethereum (ETH) in the coming months.
Ethereum (ETH) Price Begins Recovery, Aims For $1,900
Ethereum’s (ETH) price has dropped below $1,820 but is still trading above $1,800. It has since started to recover, similar to Bitcoin’s bounce from $27,000. ETH/USD surpassed resistance levels at $1,825 and $1,840. Additionally, Ethereum (ETH) broke a bearish trend line with resistance near $1,828 on the hourly chart.
The Ethereum (ETH) price recovery began immediately after it was announced that First Republic Bank (FRC) was struggling and could go into government receivership. Crypto, which includes Ethereum (ETH) has a recent history of rallying on the failures of traditional banking institutions.
Ethereum (ETH) now trades above the 50% Fib retracement level from its recent high of $1,890 to a low of $1,807. Meanwhile, the $1,880 zone is the first resistance, followed by a significant resistance at $1,900 and a main resistance level at $1,920.
If the token’s price manages to close above $1,900 and surpass $1,920, it may trigger bullish momentum and push toward the $2,000 resistance level. Further gains could potentially lead to Ethereum (ETH) reaching the $2,080 resistance level.
Sparklo (SPRK): Revolutionary Platform for Fractional Metals Investment
Sparklo (SPRK) is a metals investment platform that lets users invest in silver, gold, and platinum through fractionalized NFTs. Each investment yields an NFT representing a fraction of the luxury asset. Users can either invest in the NFT partially or buy it completely to receive the physical asset at a location they choose.
Additionally, Sparklo will partner with luxury jewelry stores to list their products on its market so users can get them first-hand. With Sparklo, users can purchase and sell these precious stones at favorable rates from top brands. The platform also supports these brands by bringing their products to market, and in return, offers users exclusive discounts and early access to new products.
Sparklo has a tokenomics plan that includes a maximum token supply of 1 billion. Of these tokens, 60% are designated for the presale, 8% for staking rewards, 8% for marketing, 10% for exchange listings, and 9% and 5% for advisory team tokens, respectively.
To participate in the Sparklo (SPRK) presale, all you need is an Ethereum wallet that supports ERC-20 tokens, for example, MetaMask, Trust Wallet, or MyEtherWallet. Afterward, they must purchase ETH from a cryptocurrency exchange like Coinbase or Binance or a peer-to-peer marketplace like LocalCryptos.
The first stage of the token presale is currently ongoing and smart investors can dive in for $0.015 per token. You can buy Sparklo (SPRK) with Ethereum (ETH), Solana (SOL), Bitcoin (BTC), Apecoin (APE), and Binance Coin (BNB).
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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