Exchange Tokens GateToken (GT) and Huobi Token (HT) Growth Rates Pale in Comparison to Sparklo Presale
The last bear cycle left no stone unturned, with exchange tokens like Huobi Token (HT) and GateToken (GT) also affected.
The last bear cycle left no stone unturned, with exchange tokens like Huobi Token (HT) and GateToken (GT) also affected. With some recovery shown in relation to the last bear market, GateToken (GT) and Huobi Token (HT) nonetheless show less growth, especially when compared to the Sparklo presale, which is a favorite among investors.
GateToken (GT): Exchange Tokens Are in a Bearish Market
Quarter 1 of 2023 saw crypto exchanges record a 40% increase in comparison to the prior quarter. GateToken (GT) saw immense growth in the first quarter of the year, increasing by 72% in value.
Nevertheless, GateToken (GT) is trading on bearish lines, down by 2.9% in the past 7 days and in a downtrend in the past 24 hours to trade at $5.1. The relatively bearish tendency of exchange tokens, GateToken (GT) included, which have their value significantly tied to their exchange, has proven to yield lower profits on investment recently.
Conversely, investors are choosing the Sparklo presale over GateToken (GT) because of its unique fundamentals and room for growth.
Huobi Token (HT) Launches Spot and Future Markets for SUI Token
Huobi Token (HT) is Huobi Global’s exchange native token, whose value is heavily reliant on the exchange. As a centralized exchange, positive public sentiment about it and its reputation impact Huobi Token (HB) price.
The highly anticipated Sui Network and Sui Token launch happened today, May 3. Sui Network is a decentralized smart contract platform that has its token, SUI, launched on Huobi, among other exchanges.
In a recent tweet, it was announced that Huobi will launch trading for the SUI spot and futures markets. Regarding SUI’s popularity and the trade that follows it, the exchange is about to experience some traffic. This, in addition to other activities on the exchange, will see Huobi Token (HT) escape its bearish descent of 11% in the past 7 days. At the time of writing, Huobi Token (HT) is presently trading at $3.7.
Sparklo (SPRK): The 4,000% Investment-Token
Analysts have predicted a 4,000% growth in Sparklo from its current price, which it is expected to attain in a year. Sparklo is the first investment platform to deal in precious metals like platinum, gold, and silver. It is a blockchain-based investment platform that aims to provide investment in non-fungible tokens backed by real-world assets.
The presale is currently going for $0.017. However, with the further addition of a 30% bonus until May 5th, there is so much excitement around it. To provide transparency, a KYC audit is ongoing, and a smart contract audit has been completed by InterFi Network. Lastly, its liquidity lock for 100 years has proven the project and investment to be safe, thereby improving confidence.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
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