Many investors have been left disappointed with the performance of Solana (SOL) and Polkadot (DOT) so far. Both coins have been unable to sustain any rally to take them to the crucial points investors hoped to reach. As a result, some investors are already adjusting their predictions, while many others remain bullish. Elsewhere, Sparklo presale is becoming more popular as investors join the alternative trade platform, which sets out to revolutionize the bullion trading industry. Sparklo focuses on the special three: Gold, silver, and platinum.
Sparklo Unveils Plans to Dominate Bullion Industry
Given the current high volatility of the Stock market, many investors are looking for a “safe” investment that keeps the value of their money despite ever-changing market conditions.
Of course, the precious metal industry would be the most attractive place for such investors. But unfortunately, problems like low liquidity and high cost of asset management have always been stumbling blocks.
Thankfully, Sparklo’s upcoming launch is set to sweep away these problems. Sparklo would allow traders worldwide to connect and conduct trade easily. Sparklo will always get the best prices because it has access to global markets. Users can quote prices from traders around the world, thus allowing Sparklo’s users to get the most competitive prices.
Furthermore, Sparklo makes trading efficient. Its blockchain network not only cuts the time taken to complete transactions but also eliminates many middlemen, allowing Sparklo to charge very cheap management fees. As a result, Sparklo’s users will only pay around 0.1% per year, which is very low compared to the standard 0.5% per year that many users in the bullion industry have to pay.
Despite being in its presale, Sparklo is one of the most talked about projects in the crypto market. Its current price is $0.017, but it’s expected to rise very soon. Right now might be the best time to invest in Sparklo to take advantage of the 30% token bonus that’s available from now to May 5th.
Solana (SOL) Unlikely To Reach $70 by the End of 2023
Solana (SOL) was trading around $90 by this time last year, but its price dropped shortly following the market crash caused by Terra’s collapse. Many investors were expecting a quick turnaround in 2023, but it seems that won’t be possible.
Solana (SOL)’s performance in 2023 has been stable but nothing more. It hasn’t had any of the sharp rallies many investors hoped for. Solana (SOL) started the year at around $9, almost ten times less than its value six months earlier.
Solana (SOL) rose from $9 to $24 within the first few weeks of January, and many investors were excited, thinking such rallies would continue. Instead, Solana (SOL) stagnated in that price range before dropping a bit to $21. It then rallied to $25 in March but dropped shortly after. At the time of this writing, Solana (SOL) is trading at $21, and its performance in recent months doesn’t suggest a sharp rally anytime soon.
Polkadot (DOT) is in a Crucial Race to Reach $8 by mid-2023
Polkadot (DOT) investors hope it could reach $8 by mid-2023. However, with about two months to go, it seems like a big task for Polkadot (DOT). The coin was trading at $16 by this time last year, and investors were hoping it could regain 50% of the value it lost since that time.
Instead, it started 2023 trading at $4.3. Polkadot (DOT) then rallied sharply to $6. It wobbled in that price range before jumping to $7 by the third week of February. This gave many investors hope that Polkadot (DOT) could reach $8 by mid-2023 when the market was expected to be headed for a complete bullish run. Unfortunately, Polkadot (DOT) dropped to about $5.3. At the time of this writing, Polkadot (DOT) is trading at $5.6.
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