Logo
Cardano Ecosystem

Cardano Feed

04/26/2023

·

491 views


Forget Dogecoin (DOGE) and Uniswap (UNI) – Sparklo Is The Real Deal For 100X Gains

Dogecoin (DOGE) and UniSwap (UNI)were hot in the crypto rally of 2021, but changing market dynamics don’t seem to favor them any longer.

Forget Dogecoin (DOGE) and Uniswap (UNI) – Sparklo Is The Real Deal For 100X Gains

Dogecoin (DOGE) and UniSwap (UNI)were hot in the crypto rally of 2021, but changing market dynamics don’t seem to favor them any longer. 

While they could give some gains long term, market analysts are under no illusions that Dogecoin (DOGE) and Uniswap (UNI) could still give investors the parabolic gains of 2021. 

On the contrary, analysts believe investors will look for low-cap cryptocurrencies with hype and fundamentals. Sparklo is one of the new cryptocurrencies that perfectly fit this metric. 

Dogecoin (DOGE) As The Musk Appeal Losses Its Value 

Dogecoin (DOGE) is one of the oldest cryptocurrencies around, but it was only in 2020 that it gained market traction. This was after billionaire Elon Musk started talking about Dogecoin (DOGE), pushing its value close to $1.

However, this appeal seems lost. Nowadays, Musk talking about Dogecoin (DOGE) does not excite the market much. Evidence of this is the recent move by Musk to change the Twitter logo to the Dogecoin (DOGE) logo. 

In the past, the Twitter Logo change would have triggered a parabolic rally for Dogecoin (DOGE). However, the move only triggered a roughly 35% rally in Dogecoin (DOGE) price before the price receded. 

Besides, even if Dogecoin (DOGE) were to rally again, its already high market cap means the possibility of it going past $1 is low. That’s a low return when you factor in Dogecoin’s (DOGE) current price. 

It’s insignificant compared to the 100x, or more, potential of a new cryptocurrency like Sparklo (SPRK).

Uniswap (UNI) Stagnates As Investors Chase Gains Elsewhere

Is Uniswap (UNI) a fundamentally strong cryptocurrency? Absolutely. However, in the crypto market, it’s not all about fundamentals. Investors want high gains, and as things stand, Uniswap (UNI) cannot offer that. 

That’s because Uniswap (UNI) is no longer unique. Unlike a few years ago, Uniswap (UNI) today has many competitors with better metrics regarding transaction costs and other services. 

At the same time, Uniswap (UNI) is already a mature cryptocurrency. Unlike years ago, Uniswap (UNI) is among the large-cap cryptocurrencies that dominate today's market. 

This means there is little chance of Uniswap (UNI) giving investors anything they can’t get from investing in any other cryptocurrency.

The real gains are in Sparklo (SPRK), which is still a small-cap cryptocurrency and is where Uniswap (UNI) was when it did its ICO.

Sparklo At A Perfect Entry Price For Long Term Investors

Sparklo (SPRK) is currently in the presale stage and is only going for $0.015. Since it is yet to hit the market, there is considerable room for growth as investors learn about it and it hits major exchanges after the presale.

Besides the potential for gains, as the market cap expands, Sparklo (SPRK) also has a pretty strong use case. Sparklo (SPRK) wants to change how people buy precious metals: Platinum, Gold, and Silver. 

With Sparklo (SPRK), investors can buy just a fraction of these precious metals as an NFT. This means for the first time; investors will be able to hold NFTs that hold some real value beyond hype and speculation. 

Investors are also excited that Sparklo is built on the idea of transparency. There is a KYC audit, and the smart contract is fully audited by the InterFi network. 

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Cardano Feed

See more
Staking Baskets ITN Review
Cardano Feed
Staking Baskets ITN Review

yesterday at 5:55 PM

·

38 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)