The crypto market is experiencing much-needed relief after recent declines, with price charts showing green. Pepe (PEPE) and Sparklo weren’t exempted from this bullish move, with whales accumulating both tokens to ride the full bullish wave.
Investors have been accumulating Sparklo in particular because of its significant growth potential, which we will explore in this article.
Sparklo (SPRK) brings a new spark to the rare metals industry
The traditional way of investing in gold is fast giving way to fractional investment, thanks to blockchain technology and cryptocurrency. Sparklo is bringing a new spark to the crypto landscape and the precious metals industry with its innovative ideas around investment in exquisite gold, silver and platinum bars. Through Sparklo, the crypto community will be able to invest in fractions of real-world assets through fractionalized NFTs. Each NFT will represent minted real-world assets and will be fractionalized to allow investment in bits, thereby making investments in them accessible to all, regardless of income.
Sparklo’s native token, SPRK, plays a vital role within the platform as a means of payment and offers the potential to earn governance rights. The token presale recently entered its third stage, with an SPRK token going for $0.055. With promises of huge gains in the future, thanks to its strong fundamentals and exceptional community, Sparklo appears to be a great investment option. According to analysts, Sparklo is on the verge of increasing by 2,000% before the year ends, making its current price a great entry point.
The Sparklo presale is selling out fast and some of the factors that have contributed to this are the immense confidence investors have in the project and the team’s emphasis on security. The smart contract has been audited by InterFi Network and liquidity will be locked for a 100-year duration. In addition, a KYC certification has been received from the Block Audit Report, which further bolsters confidence.
Whales accumulate Pepe (PEPE)
Pepe (PEPE) appears to be the new face of the memecoin frenzy after its remarkable rise this year. Although Pepe (PEPE) has significantly decreased from its peak this year, it still remains one of the most popular memecoins on the market today. Meanwhile, based on recent on-chain data, there seems to be an ongoing accumulation of Pepe (PEPE) tokens by whales.
According to Lookonchain, a whale spent 4.54 million USDC and 150 Ethereum (ETH) to purchase 3.43 trillion Pepe (PEPE) tokens on June 22. Whale accumulation is a bullish indicator, at least before the whales start taking profits. Pepe (PEPE) is expected to experience a soaring increase in the future based on its recent analysis.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.