Shiba Inu (SHIB) and Sui (SUI) are two of the most talked about cryptocurrencies in the market today. Investors expected alot from these tokens, and they did perform until they didn’t.
Due to the growing disappointment in Shiba Inu (SHIB) and Sui (SUI) tokens, many investors are now researching alternative cryptocurrency options, with Sparklo emerging as a popular option.
Sui (SUI) Greeted By The Bears
The highly awaited native token Sui (SUI) and the SUI Layer 1 blockchain made its Mainnet debut on Wednesday, ushering in a new era for the cryptocurrency industry. The cryptocurrency community was enthusiastic at the announcement of Sui (SUI)’s launch on prominent exchanges, and Sui (SUI) did not disappoint. Its native token achieved over 2,000% growth in the first hour of listing and had a strong upward trend.
Sui (SUI) was seen to have hit the $2.16 mark at the time of its debut and listing on exchanges, before backtracking as a result of selloffs.
The prospects and price potential of layer 1 blockchain tokens have, however, caught the interest of cryptocurrency investors. On day 3 of its listing, Sui (SUI) has failed to maintain its price increase. Sui (SUI) has been greeted by the bears.
The layer 1 blockchain token’s current price decline may be due to sellers and dealers who took part in the Sui (SUI) recognition auction. Experts predict that more sell-offs will likely continue to negatively impact the value of Sui (SUI).
Shiba Inu (SHIB)’s Price Irritates Investors
Shiba Inu (SHIB), one of the most well-known meme currencies in the cryptocurrency industry, with an attractive dog logo and the allure of becoming a millionaire overnight. However, the stability of Shiba Inu (SHIB)’s price has recently irritated Shiba Inu (SHIB) owners.
Despite various attempts to raise the price of Shiba Inu (SHIB), such as its listing on important exchanges and numerous celebrity endorsements, Shiba Inu (SHIB) has struggled to advance. As a result, many holders have started looking for other opportunities in the bitcoin market.
At the time of writing, Shiba Inu (SHIB) is trading at $0.0000099 per (SHIB / USD) and has a $5.84 billion USD market value. The day’s overall trading volume was 92.74 million USD. The conversion rate between Shiba Inu (SHIB) and USD is updated constantly. Shiba Inu (SHIB) has declined by 1.39% during the past 24 hours. There are now 589,541.32 trillion US dollars in use.
Sparklo (SPRK): An Alternative Precious Metals Investment
Before Sparklo, It was challenging to invest in precious metals. However, with the introduction of Sparklo, investors will be able to invest wholly or partially in precious metals like gold, silver, and platinum using a cutting-edge technique.
The investing platform will enable investments in rare metals using NFTs and fractionalized NFTs. If the investor purchases the complete NFT collection as opposed to only a fraction of it, they will get the real asset and not just a digital replica.
Sparklo presale is currently ongoing with each Sparklo (SPRK) token going for just $0.019 and a 30% bonus package on all purchases ending on the 20th of June.
Additionally, the lock of liquidity for 100 years, a smart contract audit by InterFi Network, and a completed KYC audit all contribute to the security and confidence of Sparklo investments.
Find out more about the Sparklo presale
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