Cronos Sees Slight Price Increase As Investors Flood Sparklo Token Presale

Cronos Sees Slight Price Increase As Investors Flood Sparklo Token Presale

Time Stamp: June 6, 2023 5:52 AM
Cronos Sees Slight Price Increase As Investors Flood Sparklo Token Presale PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The cryptocurrency market is known for its volatility, characterized by significant price fluctuations. However, tokens like Cronos (CRO) have been at the receiving end of the negative volatility of the crypto market. Now, many of its investors are seeking tokens with more stability and profitability and have redirected their focus to Sparklo’s SPRK, a token currently in the second phase of its presale stage.

Sparklo is currently developing an innovative Web3 blockchain-based platform to facilitate the trading of rare metals like silver, platinum, and gold. The primary objective of this platform is to improve accessibility to precious metals, particularly for retail investors. To achieve this, Sparklo plans to leverage NFTs to fractionalize investments, enabling individuals to purchase smaller portions of precious metals.

At present, Sparklo is in the second stage of its token presale, offering the SPRK token at just $0.03 apiece. Meanwhile, investors’ security is a priority for Sparklo. Hence, it will lock its liquidity for 100 years and the team’s tokens for 1000 days to prevent a sell-off. The Interfi Network has also audited the platform’s smart contract. 

Interestingly, the precious metals industry is worth over $14.99 trillion. Among the top metals, gold takes the lead with a market cap of $13.3 trillion, followed by silver at $1.42 trillion, and platinum at $273 billion. This makes Sparklo a project that you should consider. Sparklo holds considerable growth potential, with projections suggesting a possible surge of 5,000x in the coming months. To be part of this project, click on the links below.

Cronos (CRO) price sees little increase after hitting new lows

On Friday, May 26th, the price of Crono (CRO) experienced a significant drop to $0.06, marking its lowest point since January 2023. This decline coincided with long-term holders exiting their positions, leading to bearish sentiment in the Cronos (CRO) network. According to the In/Out of The Money Around Price (IOMAP) data from IntoTheBlock, Cronos (CRO) has potential support around the $0.057 range. Approximately 1,690 investors purchased 3.88 million CRO at an average price of $0.057, indicating a potential area of resistance.

However, if the bearish momentum persists, Cronos’s (CRO) price can slide further toward the predicted level of $0.052. On the other hand, the bearish price prediction could be invalidated if the bulls manage to break above the critical resistance zone at $0.063. According to CoinGecko, the price of Cronos (CRO) stands at $0.058687. This represents a slight increase of 0.39% within the past 24 hours but a decline of 2.87% over the past week.

For more details on the project, follow the links below:

Buy Presale | Website | Twitter | Telegram

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