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Cronos (CRO) and EOS (EOS) holders are looking for a way out as their cryptos are sliding down the charts this past week. Our analysts believe they have found the perfect substitute – Sparklo, a Level One presale project that could surge by 3,900% soon! Today, we will examine this rookie and see how it compares to the above tokens!
Cronos (CRO) Introduces A Burning Mechanism Proposal
A proposal on the Crypto.com GitHub involves adding a burning mechanism to lower the inflation rate for Cronos (CRO). This proposal will be put up for a vote, and if the Cronos (CRO) community approves, it will soon be implemented.
Cronos (CRO) has been struggling in the last week as it trades at $0.0696, a fall of 3.06% in the past day alone. The technical analysis for Cronos (CRO) also paints a bearish sentiment, with all its technical indicators and moving averages showing strong sell signals.
With these charts showing red, many investors are sidestepping Cronos (CRO) for different projects with more room for growth.
EOS (EOS) Launches The Beta Of Its EVM
Recently, EOS (EOS) released “the next generation” of EVMs, enabling the deployment of dApps written in Solidity. The mainnet beta release, announced by the EOS (EOS), aims to improve interoperability between the EOS (EOS) and Ethereum (ETH) blockchain ecosystems.
Despite this development, the EOS (EOS) token is bleeding on the charts as it now has a value of $1.13, down 8.12% overnight. The moving averages and technical indicators for EOS (EOS) also leave much to be desired as they all display sell signals.
A strong bearish candle can also be seen, possibly meaning the EOS (EOS) price may drop to its support level of $1 soon.
Sparklo (SPRK) To Set Its Mark In The Metal Trading World
Sparklo will revolutionize the metal trading market by developing a unique alternative-investment platform specializing in rare metals such as silver, gold, and platinum – built on the Ethereum blockchain!
This platform will put a spin on this rising market as all investment opportunities will be minted into an NFT, fractionalized, and sold to everyday investors, fully or partially! Since every NFT will be backed by an actual rare metal, users who purchase the NFT fully will receive the asset!
The team’s tokens will be locked for 1,000 days, demonstrating their complete dedication to the success of the project. The Sparklo team additionally announced that liquidity would be sealed for 100 years, preventing rug-pulls from occurring! Moreover, a complete audit by InterFi Network and a KYC audit currently wrapping up are additional security measures that Sparklo has taken!
You can now purchase the Sparklo token for only $0.015, but this price may not be available much longer. As the presale continues advancing, so will the value.
With some analysts predicting that Sparklo could reach $0.60 by December 2023 – now is the right opportunity to purchase this potential blue-chip token for a low price!
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
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