Despite Apple-Fueled Metaverse Buzz, Sandbox (SAND) and Axie Infinity (AXS) No Match for Sparklo (SPRK)
Apple has been making headlines lately after it launched its […]
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Apple has been making headlines lately after it launched its mixed reality product. In the crypto market, the news of Apple’s entry into mixed reality has reignited interest in the Metaverse. This has put Sandbox (SAND) and Axie Infinity (AXS) back in the limelight. While Sandbox (SAND) and Axie Infinity (AXS) could benefit from growing the hype around mixed reality, they are yet to show any significant price moves. These cryptos are still heavily tied to Bitcoin, and analysts agree that the earliest Bitcoin can rally is in 2024.
This is why investors seeking big gains within 2023 are shifting more toward cryptos like Sparklo. Sparklo holds lots of potential because it is yet to hit exchanges. The potential for the price to expand once it gets listed has seen many analysts predict it could easily do 4,000% or more.
Sparklo (SPRK) bullish as it targets the precious metals market
Investors are always looking for new technologies that will allow them to diversify their portfolios. Sparklo, a new cryptocurrency, has caught the attention of analysts for its unique approach to the precious metals market. With Sparklo, investors can purchase fractional amounts of precious metals like gold as NFTs. What sets Sparklo apart is that these NFTs are backed by physical metals, providing a level of security not often found in the world of cryptocurrency. Investors that buy whole units of the NFTs and actually take physical possession of the precious metals. With Sparklo, investors now have a new way to access the precious metals market that was once exclusively for large investors.
In the world of cryptocurrency, safety and security are of utmost importance. With so many scams and vulnerabilities, it’s refreshing to find a crypto presale that prioritizes these aspects. Sparklo is one such presale, boasting an InterFi Network audit that confirms the smart contract is free from any vulnerabilities hackers might exploit. In addition, Sparklo has gone the extra mile by implementing a 100-year liquidity lockup, ensuring the project won’t run.
Investors who got into Sparklo’s presale early must feel good. The digital currency is currently in stage two of its presale, priced at $0.036. That might not sound earth-shattering, but considering in stage one, it was trading at just $0.015, that’s a pretty impressive rise. The price has been going up steadily since the start of the presale. Could this signal good things to come once Sparklo starts trading on exchanges? Analysts believe a 4,000% rally could be in the offing.
Sandbox (SAND) stagnant despite renewed buzz in the Metaverse
Sandbox (SAND) is making gains, but it’s a little. It’s almost a spike driven by Bitcoin’s price jump that has seen it recapture the $26k mark. Analysts expect that Sandbox (SAND) could see some more short-term gains as Apple’s recent product launch reignites interest in the Metaverse. However, analysts don’t expect a major rally since the news does not touch on Sandbox (SAND) directly. Most analysts agree that Sandbox (SAND) could see a 10X price rally if Bitcoin enters the market in 2024.
That’s a long time from now, and with the regulatory issues around Binance and Coinbase, Sandbox (SAND) investors are looking at alternatives. Sparklo, a crypto that analysts believe could do 4,000% in 2023, is one of those increasingly attracting Sandbox (SAND) investors.
Axie Infinity (AXS) is up but investors are not optimistic
Axie Infinity (AXS), like other cryptos in the top 100, has got a boost from Bitcoin’s price bump. However, without any major news around it, analysts don’t expect a major price run for Axie Infinity (AXS) in the short term. Besides, unlike in the past, Axie Infinity (AXS) is now just one among many other Metaverse cryptocurrencies in the market today. For this reason, analysts expect Axie Infinity (AXS) to remain slow for the better part of 2023.
This is why money is increasingly flowing away from Axie Infinity (AXS) into crypto presales like Sparklo. The Sparklo presale has been so well taken up that analysts predict record gains once it lists on exchanges.
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