Investors Diversifying From Cardano (ADA) And Ethereum (ETH) And Buying Sparklo (SPRK)

The post Investors Diversifying From Cardano (ADA) And Ethereum (ETH) And Buying Sparklo (SPRK) appeared first on Coinpedia Fintech News

The battle between Ethereum (ETH) and Cardano (ADA) continues as the two projects angle for long-term dominance in the smart contracts market. While Ethereum (ETH) already has a clear lead in this space, Cardano (ADA) is catching up in adoption.

Despite the growing adoption of Ethereum (ETH) and Cardano (ADA), as investments, there are better alternatives. For instance, Sparklo, still in presale, has a tiny market cap compared to Ethereum (ETH) and Cardano (ADA). This has led many analysts to predict that Sparklo is headed for a 1,500% rally within the year.

Click here to buy presale

Sparklo’s (SPRK) unique case gives it massive growth potential 

Sparklo wants to make it possible for anyone, regardless of where they are or how little money they have to invest in precious metals. Through NFTs, Sparklo wants to fractionize gold and other precious metals. The best part is that the NFTs will be backed by actual precious metals, which means the NFTs can be converted into physical precious metals. 

The Sparklo team has also invested heavily in the aspect of security. For instance, Sparklo is being built with a 100-year liquidity lockup. This is meant to prevent a rug pull. Sparklo’s smart contract is also clean from exploitable vulnerabilities after a thorough audit by InterFi Network.

So far, the market response to Sparklo has been impressive, as evident in its upward price adjustments since stage one of the presale. Back in stage one of the presale, Sparklo traded at $0.015. In stage five of the presale, Sparklo’s price is $0.022, and analysts are optimistic about the future as the price is likely to launch around $0.077

Ethereum (ETH) gets security boost but investors focus elsewhere

Ethereum (ETH) has got a new client node called Reth. The new node increases the security of the Ethereum (ETH) network by introducing diversity in the network. However, the announcement has yet to impact the price. Like other altcoins, Bitcoin’s price action is the key driver of Ethereum (ETH) at the moment.

It indicates that investors are increasingly diversifying into newer cryptos with better ROI potential. 

Cardano (ADA) addresses increase but no increase in buying volumes

Cardano (ADA) has experienced a surge in adoption throughout December.. Data shows that Cardano (ADA) has been adding an average of 2400 new wallets daily throughout the month. However, despite the growing adoption, Cardano (ADA) is yet to show any significant price increase compared to most altcoins. 

Analysts believe investors are scouting for cryptos that can offer the most ROI. With another crypto rally potentially underway, investors want to make the most of their money. This explains why pre-sales like Sparklo have more momentum than Cardano (ADA). We recommend checking out the Sparklo presale link below to buy into what’s considered the next biggest thing in crypto

Find out more about the Sparklo presale with the links below;

Click here to buy presale