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The post Promising Cryptocurrencies for 2024 Include Sparklo (SPRK), Decentraland (MANA), and Trust Wallet (TWT) appeared first on Coinpedia Fintech News
After the numerous downturns from the previous year, the crypto market has started showing recovery signs, and investors must find the right coins that would go on a rally. Additionally, experienced investors must choose coins with high growth potential and can provide immense returns.
Though this can be challenging, market analysts have listed the top cryptocurrencies with a bullish run at the end of 2023; they are Sparklo, Decentraland (MANA), and Trust Wallet (TWT).
Sparklo (SPRK) Is Predicted To Rank Among The Top Cryptocurrencies Of 2023
Many crypto analysts predict Sparklo to perform better than Decentraland (MANA) and Trust Wallet in 2023. Sparklo value is expected to rise exponentially; due to its uniqueness, Sparklo will let investors invest in fractionalized and minted NFTs backed by gold, silver, and platinum. Investors who purchase a complete NFT would get their assets delivered as an added benefit.
Sparklo will also partner with luxury jewellery brands to ensure these products enter the market and that investors can get first access and discounts. Sparklo is closing its presale and goes for a price of only $0.0088 with a 30% bonus for Christmas and Boxing day. However, analysts predict a more than 40x price increase in the coming months.
BUY SPARKLO TOKENS NOW
Sparklo has been audited by Interfi Network and has a 100-year liquidity lock. Although Decentraland (MANA) and Trust Wallet could witness positive price actions in the coming months, we believe it would be best to look at alternatives with higher growth potential. Savvy investors know that investing in projects with good fundamentals is the place to get substantial gains. We highly recommend you check out Sparklo’s presale.
Decentraland (MANA) Token Is Recovering
Decentraland (MANA) is a cryptocurrency that powers the Decentraland virtual reality platform. MANA tokens can be used to purchase virtual land, goods, and services within the platform.
Decentraland (MANA) was first introduced in 2017 through an initial coin offering (ICO), which raised approximately $25 million. It was officially available to the public in February 2020. Since then, the price of MANA has been subject to volatility, as is typical with many cryptocurrencies.
In 2021, the price of MANA experienced significant growth, reaching an all-time high of over $5. After this significant increase, Decentraland (MANA) has been decreasing.
The start of 2023 has been a good year for Decentraland (MANA) as its price shows some promising trends. Currently, the price of Decentraland (MANA) is $0.637264 with a 24-hour trading volume of $135 million.
Trust Wallet (TWT) Investors Are Expecting Positive Trends
The FTX collapse affected a majority of tokens, but the Trust Wallet Token (TWT) is among those not affected and even made huge gains during the period. In November, Trust Wallet Token (TWT) rose by 70%, and this uptrend continues. On November 8, buyers pushed the Trust Wallet Token (TWT) over the resistance of $2.45 to currently trade at $2.63.
The 20-week exponential moving average shows it is gradually moving up. This tells investors that buyers have the advantage, but the overbought readings on the relative strength index suggest a correction or consolidation in the coming weeks.
Analysts predict that Trust Wallet Token (TWT) might consolidate within a high of $2.72 and a low of $1.80 in the coming weeks. A move above the $2.72 price level would suggest a further bull run that might see Trust Wallet Token (TWT) achieve a price level of $3.70. Conversely, if Trust Wallet Token (TWT) breaks below $1.80, it tells investors that traders are exiting the market.
Buy Presale: https://invest.sparklo.finance