With Chainlink (LINK) having a price correction after its recent bull stint, investors are unsure how long the price reversal will last. Alternative projects to invest in have been sourced by investors, with Sparklo presales being a common theme.
The project’s fundamentals mean its presale will be successful. Hence, investors are identifying it as a better investment than waiting for Sparklo (SPRK) to rally.
Chainlink (LINK): Correction After Price Surge
Chainlink blockchain makes use of a decentralized oracle network to allow secure interaction of blockchains with external data feeds. Chainlink (LINK) is the native token of the Chainlink blockchain, which is also the 19th largest token in the world by market cap.
Chainlink (LINK) recently had a bull run that saw its price spike from $7.5 to $8.1 between April 14 and 15 and stayed above $8 three days later. However, the token is in a correctional phase, with its value now at $7 at the time of writing. While this might be a bit worrying, it should nonetheless be chalked up to the normal crypto market’s behavior.
Chainlink’s (LINK) ecosystem is currently exploring the idea of NFT lending and renting and how it can affect the gaming market. This exciting idea will create income for both players and developers in the GameFi niche.
With new developments springing up in the ecosystem, Chainlink (LINK) might not take too long to reach its all-time high of $52. Nevertheless, it will take some effort on the part of the blockchain to match or surpass it.
Chainklink’s (LINK) current bear phase is discouraging some investors who believe they can make more profit by investing in another project. This faction sees the Sparklo presale as a way to make profits in the ranging market.
Sparklo (SPRK): Does it Have the Fundamentals to Ride the Bullish Wave?
Sparklo is a rare metal investment platform. The platform allows fractional investment in rare metals like gold, platinum bars, and silver, which are real-world assets. Fractional investments by investors are tokenized in the form of an NFT, which also has its utility. The precious metal will be delivered to the investor after they have completely bought the asset.
Sparklo’s unique protocol positions it to have an uptrend, which is why investors are interested in the presale.
Sparklo (SPRK): Will it be the Best Presale Ever?
Investors couldn’t hide their excitement about Sparklo’s presale, which goes for only $0.015. With the promise of high returns, investors are putting their money into the presale. According to analysts, there is a likelihood that the value of the token will increase by over 1,000%. As early adopters, investors will see the returns of their investments.
Furthermore, the audited smart contract, locked liquidity (100 years), and ongoing KYC audit mean the Sparklo presale might just be one of the best in the crypto space.
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
