New tokens and coins are being introduced regularly in the crypto space. Yet, only a few of them have practical real-world applications. Currently, investors are always monitoring the market looking for new projects that offer immense returns on investment. A recent project that has caught the attention of the Avalanche (AVAX) holders is Sparklo, thanks to its unique use case and attractive rewards offered in stage two of its presale.
Sparklo (SPRK) set to democratize precious metals investment
Sparklo aims to revolutionize the precious metals industry by establishing a platform that allows individuals across different income brackets to access the sector. Sparklo is poised to transform the precious metals investment sector which before now was only open to the affluent due to high capital requirements.
By harnessing the power of blockchain technology, NFTs, and fractionalization, Sparklo aims to democratize this sector, making it accessible to individuals from all income brackets. Those who invest using the SPRK token will receive an NFT that represents their investment. Meanwhile, these NFTs are backed by valuable metals such as platinum, gold, and silver. Sparklo also plans to collaborate with jewelry stores, enabling investors to directly access these products at discounted prices.
Transparency is a key focus for Sparklo. This is evident through its acquisition of a KYC application from the Block Audit Report. Currently, the SPRK token is in its second presale phase, offering a compelling opportunity to smart investors to amass through tokens at an attractive price of just $0.026 per token. With future projections indicating a potential increase to $0.050, this is the best time to invest.
Avalanche (AVAX) surpasses the $14 price level but remains bearish
Over the weekend, Avalanche (AVAX) experienced a significant increase in selling pressure, leading to a bearish breakout and a drop in price to around $13.8, marking a multi-month low. Although there was a slight upward movement on the 24-hour chart, the weekly chart displayed a poor performance for Avalanche (AVAX). The technical outlook for Avalanche (AVAX) remains bearish, with low levels of demand and accumulation.
Meanwhile, Avalanche’s (AVAX) price action has been influenced by the uncertain state of Bitcoin (BTC), which recently re-entered the $27,000 range, causing indecisiveness in other altcoins, including Avalanche (AVAX). Currently priced at $14.33, representing a 3% decline in the past 24 hours, Avalanche (AVAX) is trading near its immediate resistance level of $15. A breakthrough above $15 could drive the altcoin toward $15.80 and potentially $16. However, the entrance of more buyers into the market is crucial to generate demand and support Avalanche’s (AVAX) upward price movement.
Find out about the Sparklo (SPRK) presale using the links below:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
