Sparklo (SPRK) Stage One Presale Attracts Investors, Arbitrum (ARB) Sell-Off Continues as Price Drops 4.88%
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Recently, the crypto and blockchain space has been receiving massive attention from investors and users alike. Investors are always on the lookout for opportunities to diversify their portfolios and make profitable investments.
Meanwhile, Sparklo’s (SPRK) stage one token presale has caught the attention of many as tokens like Arbitrum (ARB) continue to witness price decline.
Arbitrum’s (ARB) Price Continues To Decline After Airdrop Dump
On April 18th, the price of Arbitrum (ARB) dropped significantly after reaching a 7-day all-time high of $1.82. Presently, the token is striving to recover and stabilize.
Although the token has recorded huge declines lately, it still remains above its major horizontal support level, and the wave count suggests that a positive market trend could still be possible. Is it possible for Arbitrum (ARB) to retest its recent peak?
The price of Arbitrum (ARB) made a breakthrough on April 14th, surpassing the $1.50 horizontal resistance level and achieving an all-time high of $1.82 four days later. Typically, following a breakout, the previous resistance level becomes a new support level.
Meanwhile, Arbitrum (ARB) confirmed $1.50 as a support level on April 19th after the token shed off price gains but was able to rebound at the $1.50 horizontal area. At press time, CoinMarketCap data shows the Arbitrum (ARB) is trading at $1.51, after dropping by over 4.88% in the past 24 hours.
Sparklo (SPRK): Invest In Rare Metals Like Gold And Silver
Sparklo is a metal trading platform where people can buy fractionalized NFTs supported by precious metals such as gold, platinum, and silver. This would be the first-of-its-kind in the crypto space and a revolutionary idea for crypto investment.
What sets Sparklo apart from other crypto platforms is its inclusive approach, which allows even low-income investors to participate by purchasing fractions of rare metals through the Sparklo (SPRK) token.
This innovative investment scheme will promote accessibility to a larger pool of investors, making it easier for many to invest in previously inaccessible assets.
Meanwhile, Sparklo places a high priority on safety measures to protect users’ interests. The platform will lock liquidity for a century and also free team tokens for a period of one thousand days.
Additionally, InterFi Network has recently audited the platform’s reserve while its KYC audit is close to completion. During this initial stage of the presale, the Sparklo is priced at $0.015.
Interestingly, the price of the token is expected to rise significantly after its launch. Moreover, industry analysts are optimistic about its future potential, predicting a surge of up to 3,900% by Q4 2023, with the token potentially reaching a value of $0.60.
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