The presence of numerous memecoins and tokens with less-important utilities has led to an increasing appreciation for tokens with tangible use cases and fundamentals. Sparklo is an example of such a project with unique and innovative fundamentals, resulting in the wide acceptance of its presale.
Nevertheless, Shiba Inu’s (SHIB) bullish run is marveled at by the whole crypto community. Consequently, investors who missed out on Shiba Inu (SHIB) are buying Sparklo.
Shiba Inu (SHIB): The Token Burn Not Enough to Result in a Significant Price Change
Shiba Inu (SHIB) is growing in popularity across social media platforms, notably Twitter, where it has been able to build a community of over 3.7 million followers. This is no easy feat, placing Shiba Inu (SHIB) as one of the most popular tokens, albeit a memecoin, in the world.
As a meme-inspired token, its value is tied to hype and has no tangible utility. Nevertheless, its strong followership has been able to push Shiba Inu (SHIB) to the 15th largest token by market cap and to its current price of $0.00000989 at the time of writing.
A recent development in the Shiba Inu (SHIB) ecosystem currently happening is the token burn, which within the last 24 hours totaled over 15 million tokens. The removal of the Shiba Inu (SHIB) from circulation is being executed by sending it into Inferno wallets.
This recent development is intended to reduce the circulating supply of Shiba Inu (SHIB), which should drive its price upward. Nevertheless, this still won’t produce a significant increase in the price of Shiba Inu (SHIB). The lack of actual use cases for Shina Inu (SHIB) remains investors’ primary concern. With its current use cases, it will likely not experience considerable growth.
At the time of writing, Shiba Inu (SHIB) has experienced a downtrend of 2% in the past 7 days and a further 10% in the past 30 days. This further bolsters investors’ conviction that the token will not see significant growth anytime soon and that the Sparklo presale is a better investment.
Sparklo (SPRK): The Investment Platform Backed by Silver, Gold, and Platinum
Sparklo is an investment platform built on blockchain technology intended to provide better access to investment in precious metals. The platform aims to allow investment in rare metals through fractionalized NFTs backed by gold, platinum bars, and silver. With its innovation, Sparklo is ready to disrupt the investment industry.
Furthermore, its presale costs only $0.017, with an additional 30% bonus slated to run until May 5th. This has created excitement around the project, with investors accumulating as many tokens as they can. This also positions early adopters well to enjoy the full bullish ride of Sparklo, which is projected to surpass 2,000% growth in the coming year.
In addition, the team managing the blockchain-based investment platform is undertaking a KYC audit after the smart contract audit by InterFi Network has been passed. Lastly, the lifetime liquidity lock of 100 years signifies investment security, which most presale tokens cannot promise.
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
