Cryptocurrency is a volatile and oversaturated market, which makes it imperative for investors to find projects with the potential for significant profits.
While meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) already had their bull runs, investors are curious if Sparklo, a token with strong fundamentals, will have a similar bull run.
Dogecoin (DOGE): How often will Elon Musk have to save and pump it?
Dogecoin (DOGE) is a popular meme coin among crypto enthusiasts and investors. It is currently the world’s 8th largest cryptocurrency by market cap. With over a 30,000% increase in price since its launch, it is safe to say that the token can’t have such a bullish run again.
Nevertheless, Twitter CEO Elon Musk, who hasn’t been shy about showing his love for the meme coin both online and offline, always tries to rally the token’s price. Besides tweeting in support of his favorite meme coin, Elon recently changed the Twitter logo to that of Dogecoin (DOGE), albeit briefly, causing a 30% spike in the price of Dogecoin (DOGE).
However, it remains to be seen how often Elon Musk will have to openly show his support for Dogecoin (DOGE) before it rallies. Such dependency on an individual is making investors look out for better opportunities, with Sparklo an interesting option.
Shiba Inu (SHIB) Moves to Become More than a Memecoin
Shiba Inu (SHIB), just like Dogecoin (DOGE), is a meme token. It is currently the world’s 14th largest cryptocurrency by market cap, trading at $0.00001094. While Shiba Inu (SHIB) started as a meme coin with no utility, use cases have been added to the token over the years. In addition, it is set on making a historic move in the crypto space.
The ongoing development of Shibarium and the recent release of its beta’s public documentation show Shiba Inu’s commitment to expanding its ecosystem. Shibarium, an upcoming layer-2 blockchain network for Shiba Inu (SHIB), built on Ethereum, will completely transform the meme coin into an ecosystem. This network can be launched as early as the next two to four months, according to Shytoshi Kusana, the lead developer. So far, the layer-2 scaling solution has been tested, showing impressive performance.
This move will see Shiba Inu (SHIB) become more than just a meme coin and provide room for upward price movement. While this is great for Shiba Inu (SHIB), investors still believe the coin has reached its peak. The search to be early adopters has led them to Sparklo, where they hope to have a run similar to what Shiba Inu (SHIB) had in the past.
Sparklo (SPRK): The Token With Fundamentals Preparing to Have a Memecoin Bull Run
Sparklo is a token with strong fundamentals that hopes to revolutionize the crypto ecosystem. As a precious metal investment platform, unprecedented in crypto’s history, investors can fractionally invest in precious metals such as silver, gold, and platinum. Investors’ fractional investment is represented as a digital asset in the NFT; however, by completing the NFT, investors will have their assets personally delivered to them.
With such strong fundamentals and a price of just $0.015, analysts believe the price can increase as much as 1,000% next year. Furthermore, the team is currently auditing its KYC after successfully passing its smart contract audit. This reassures customers as they go on their quest for profit in Sparklo.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
