Sparklo, Monero – Top Gainers in the Crypto Market, While Cosmos Battles SEC Allegations

The post Sparklo, Monero – Top Gainers in the Crypto Market, While Cosmos Battles SEC Allegations appeared first on Coinpedia Fintech News

The crypto market is building up massive momentum as coins bid to outlive one another. Sparklo (SPRK) and Monero (XMR) are some of the top gainers in the crypto market, putting up impressive price performances in the last few hours. However, Cosmos (ATOM) is poised to succeed despite battling with SEC allegations.

Sparklo (SPRK) consolidates as more investors join the project

After recording huge sales in the first and second presale stages, Sparklo is exceeding expectations in the crypto market, attracting more investors to the project. When launched, Sparklo will be the first innovative blockchain platform where investors will be able to purchase solid metal products such as gold, silver, and platinum that are converted into NFTs.  The NFTs will serve as a digital placeholder for these solid metal products. Investors can buy a fractional or a whole NFT. Purchasing a whole NFT comes with the advantage of free delivery. 

Sparklo will also collaborate with jewellery sellers to sell their products to the crypto community. The project team will lock the SPRK token liquidity for 100 years and the team token for 1000 days to prevent cases of manipulation and dubious transactions. Also, the project has been certified okay with Interfi Network auditing the project and the BlockAudit Report Team conducting the project’s KYC verification. These further prove the reliability of the platform.

Sparklo is currently in the third stage of the token presale, with the token selling for only $0.055. Crypto analysts have projected that the SPRK token could rise to become a  blue-chip cryptocurrency very soon. We believe this is highly possible considering the novel idea the project is bringing to the crypto world.

Monero (XMR) maintains an impressive start as price surges significantly

Monero (XMR) is an anonymity-providing decentralized blockchain where users’ transactions are kept private. It currently has the upper hand against the bear market, polling a 2.31%  value increase in the last few hours to push the price to $147.64 currently. The positive price movements of Monero have also increased the market capitalization and the trading volume by 3.23% and 32.31%  to $3 billion and $77 million respectively.

The price analysis shows that Monero is on an uptrend as the price closes in on the next resistance level of 145.00. Crypto analysts have predicted that it may increase to $165.70, which remains possible if the present momentum is sustained. Although it is showing progress, some projects are doing better than this. An example is Sparklo which is enjoying rave reviews and is expected to surge significantly soon. Hence, investors are moving to the Sparklo project to garner profits.

Despite the SEC allegation, Cosmos (ATOM) is primed to reach the next resistance level of $8.95

The apprehension occasioned by Cosmos (ATOM) mentioned in the US SEC lawsuit against major crypto has not affected its price. It has experienced an impressive 4.20% increase in the last few hours, pushing the price to $8.82 currently. The 24-hour trading volume also saw a significant increase of 58.27%, reaching $97 million at the moment.

Cosmos exceeded the crucial support level of $9.22 last week and is now eyeing the $8.95 resistance level to banish the threat of the bear market. Crypto analysts believe that if it manages to rally to the next resistance level, there is a high chance that Cosmos may go on a massive bull run. While it is primed for success, investors are exploring alternative projects like Sparklo to boost their earnings. 

Find out more about the presale with the links below;

Buy presale  | Check out the website  | Check out the telegram channel