Helium (HNT) and Fantom (FTM) have performed exceptionally well in the bull season of 2021 and are well-known in the cryptocurrency community. But, since the bear market of 2022, these coins have been experiencing losses and are expected to continue on a downtrend.
Analysts predict that even when they rise in the short term, they won’t provide many benefits since the crypto market is still recovering. Instead, analysts suggest investing in Sparklo as a better option over Helium (HNT) and Fantom (FTM) since it is still in its presale and is expected to provide substantial benefits.
Helium (HNT) Is Experiencing A Gradual But Steady Decline
With the bullish sentiments rampant in 2021, Helium (HNT) reached a high of $15 before the price sank due to the market downturn. 2022 hasn’t been good for Helium (HNT) like every other cryptocurrency, though Helium (HNT) could attain a height of $45 in January, it couldn’t sustain this level as it dropped to $28.31 in February, irrespective of the $200m funding.
Later, moving its tokens to the Solana blockchain in August improved the coin to $5.26, but it still went as low as $3.28 in September. After this, several uncertainties continued to affect the token. Analysts predict that recovery from these lows might be unlikely soon to investors as Helium (HNT) currently trades at $4.0789515 after a 24-hours price change of -2.91%, suggesting alternative investments like Sparklo as the next big thing.
Fantom (FTM) Price On A Steep Downward Trend Amidst The Market Decline
From Fantom’s one-year chart, we can see that Fantom (FTM) had an impressive 2021, as there were several integrations, partnerships, and collaborations. In 2022, Fantom (FTM) started from $0.017 and attained $0.872 in February, dropped then climbed back up to $0.957 during May. However, Fantom (FTM) couldn’t sustain these price points, as when the cryptocurrency markets fell, the price dropped to $0.263.
When the cryptocurrency world was hit by the news that Celsius (CEL) crypto platform had stopped transactions, Fantom (FTM) was struck to $0.1961 on 13 June. Since then, recovery has been filled with challenges though there was some recovery on 30 September 2022 when it traded at $0.2285.
Fantom (FTM) currently trades at $0.2054135, and some investors see this as an opportunity to buy the dip. But investors beg to differ as they predict that there might not be many gains in the short term and, as such, suggest looking at alternative investments like Sparklo.
Sparklo (SPRK) Is Set To Be A Blue-Chip Cryptocurrency
Analysts predict Sparklo to grow in the short term since it is a secure and long-term investment. It not only successfully passed an audit from Interfi Network but will also lock its liquidity for 100 years and ensure the team’s token is locked for 1,000 days.
Sparklo will be an innovative and unique alternative investment platform that will let users trade and invest in minted and fractionalized NFTs backed by gold, silver, and platinum. Additionally, analysts predict that Sparklo presale will soar in 2023, irrespective of the market conditions. With a price of only $0.013, getting early on the project would produce maximum results than the struggling Helium (HNT) and Fantom (FTM).
We recommend checking out Sparklo now.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
