Investors Dump Axie Infinity (AXS) And Uniswap (UNI) For Sparklo (SPRK) Due To Its 5,000x Potential

Investors Dump Axie Infinity (AXS) And Uniswap (UNI) For Sparklo (SPRK) Due To Its 5,000x Potential

Sparklo is a promising cryptocurrency project that is currently in the second phase of its SPRK token presale. Analysts have forecasted a potential growth of 5,000x in the coming months. As a result, several investors including those holding Axie Infinity (AXS) and Uniswap (UNI) are stacking large quantities of SPRK tokens.

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Sparklo (SPRK) to launch fractional NFTs for precious metals

Sparklo (SPRK) is about to launch an innovative platform that will open up opportunities for both low and high-income investors to buy and sell precious metals like silver, gold, and platinum. By leveraging fractionalized NFTs, investors can buy fractional shares or acquire the full NFTs.

The ongoing second stage of the SPRK token presale offers wise investors the chance to acquire large volumes of the token at just $0.030 each. Meanwhile, Sparklo has strategic plans to collaborate with jewelry stores, granting SPRK holders direct access to discounts and quality products before they are launched. 

The project holds huge promise, with investors expressing high expectations for Sparklo’s potential. Analysts anticipate that within its first year, Sparklo will secure a place among the top 100 cryptocurrencies based on market capitalization. You can buy Sparklo’s SPRK token using different cryptocurrencies like Solana (SOL), Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Dogecoin (DOGE), Uniswap (UNI), Tether (USDT), and several others.

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Uniswap (UNI) price plunges to new lows

The activity within Uniswap (UNI) has witnessed notable growth since the beginning of 2023, as reflected by the substantial gas consumption on the Ethereum network. In Q1 2023 alone, Uniswap (UNI) burned an impressive amount of over 29,333ETH (approximately $52 million). With Uniswap’s (UNI) price currently trading at $4.99, it has recently dropped below the significant psychological support level of $5. 

This price level also represents the lowest the altcoin has reached in the last six months. On May 24th, Uniswap (UNI) hit a new low and is now approaching the November 2022 low of $4.8. If the cryptocurrency falls below this point, it will reach a 12-month low.

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Bears take control of the Axie Infinity (AXS) market

As per CoinMarketCap, Axie Infinity (AXS) has lost the bullish momentum that it had at the beginning of this week. Today, the price of Axie Infinity (AXS) stands at $6.81, a decline of 2.38% in price within the last 24 hours. Over the last month, the price of Axie Infinity (AXS) has dropped by more than 17%.

Earlier today, Axie Infinity (AXS) managed to surpass the resistance level at $6.85 and convert it into a support level before falling to $6.81. Notably, Axie Infinity (AXS) is closer to its daily high of $7.13 than its 24-hour low of $6.54. 

Find out about the Sparklo (SPRK) presale using the links below:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance 

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