Investors Flock To Sparklo (SPRK) As Hope Fades For Avalanche (AVAX) And Solana (SOL)

Investors Flock To Sparklo (SPRK) As Hope Fades For Avalanche (AVAX) And Solana (SOL)

The crypto market is at the tail end of a prolonged bear market if the recent market rally is anything to go by. As has been the case with previous crypto cycles, analysts believe this is a perfect time for investors to start scouting for high-potential cryptos.

One cryptocurrency that analysts are betting big on is Sparklo. Sparklo (SPRK) is a new cryptocurrency still in the presale stage. Sparklo is already getting so much hype that some expct it to do 4,000X from its presale and make it into the top 100 cryptos by market cap.

Sparklo Sparks Excitement Even Before It Hits The Market

Sparklo (SPRK) is still in the presale phase, but it is already generating much buzz in the market. Part of it is the bonus that investors are getting.

When an investor buys Sparklo (SPRK) at its current presale price of $0.015, they get an extra 30% tokens.  There is also growing FOMO around Sparklo (SPRK) ahead of the price increase to $0.017 on 30th April.

However, it is not just the pricing driving excitement around Sparklo (SPRK). The use case is quite exciting to investors as well.

Sparklo (SPRK) also has a solid use case that has excited investors about its future. Sparklo (SPRK) is looking to make it easy for investors to buy gold, silver, and platinum as NFTs.

Sparklo (SPRK) is also one of the most transparent presales around. The Sparklo (SPRK) smart contract is fully audited by InterFi Network and shown to be clean. Sparklo has a liquidity lockup period of 100 years.

This significantly reduces the chances of Sparklo (SPRK) pulling a rag pool on investors.

Avalanche (AVAX) Slides As Ethereum Dominance Rises

Avalanche (AVAX) was one of the cryptocurrencies that hit the market as potential Ethereum killers.

At the time, Avalanche (AVAX) was of the top-performing cryptocurrencies as investors flocked in for its scalability and low cost.

However, like other Layer-1 blockchains, Avalanche's value has drops significantly as developers and investors gravitate towards Ethereum. Analysts don't expect things to change, so the prospects for Avalanche (AVAX) to rally again are low.

At the same time, Avalanche (AVAX) has recently suffered from a perception that it is centralized. This is likely to see Avalanche (AVAX) struggle relative to new cryptocurrencies that are getting a positive reception from investors.

Sparklo (SPRK) is one of the cryptocurrencies that analysts see surpassing Avalanche (AVAX) in gains by a huge margin. Already momentum is building up, while Avalanche (AVAX) struggles with declining volumes.

Solana (SOL) Stagnates After Two Years Of Controversy

Solana (SOL) has been struggling since its peak in November 2021. Besides the bear market hitting the entire crypto market, Solana (SOL) has had multiple issues affecting its price over time.

One issue that holds back Solana (SOL) is the frequent network outages that have affected it in recent highs. Analysts believe this has significantly dented investor perception of Solana (SOL).

Solana (SOL) also has to contend with the growing perception that it is centralized, hence a risk to users.

All these issues and the fact that Ethereum has firmly cemented its position in the market make it hard for Solana (SOL) to ever return to its glory days of 2020/21.

Instead, analysts expect Sparklo (SPRK), which is where Solana (SOL) was at ICO, to deliver the exceptional returns investors want.

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