Place/Date: - May 7th, 2023 at 8:44 am UTC · 3 min read
The crazy run of Shiba Inu (SHIB) left the crypto community stunned, with the search for the next project with a similar price movement ongoing. Luckily, the launch of Sparklo has improved investors’ confidence, who believe Sparklo, despite being a token with real-life use cases, can have a similar bullish run as Shiba Inu (SHIB).
By following projects with great potential, investors are now putting their money into the Sparklo presale.
Shiba Inu (SHIB) is undoubtedly one of the most popular meme coins in the global crypto market and community. Despite being a memecoin with no real utility, this hasn’t stopped its popularity. Shiba Inu (SHIB) is currently the 15th largest coin by market cap, per CoinMarketCap.
The acceptance and popularity of meme coins have led to their surge, with competition now high in the ecosystem. Nevertheless, Shiba Inu (SHIB) only trails Dogecoin (DOGE) in the market cap for meme coins.
According to research conducted by CoinGecko, Shiba Inu (SHIB) is the most popular memecoin in the United States, using page views as a metric. Further, Shiba Inu (SHIB) is also the most popular memecoin in India.
The popularity of Shiba Inu (SHIB) across countries and continents has seen it experience exponential growth in the past. However, at the moment, Shiba Inu (SHIB) has been experiencing a decline, which isn’t surprising as it only mirrors the current global crypto market.
Nevertheless, investors are still unconvinced about Shiba Inu’s (SHIB) future growth, believing it has had its run and might have peaked. This has led to their interest in a new project, Sparklo, and its presale, which might have a similar run to Shiba Inu (SHIB).
Sparklo isn’t a memecoin, as it has real use cases. Nevertheless, with the excitement around the project, it might just have a similar run as other popular memecoins. As a tangible asset investment platform, Sparklo aims to provide investment in precious metals such as gold, silver, and platinum through NFTs. Through fractionalized NFTs, investors can own bits of rare metals, which they can completely and physically own after purchasing the entire NFT collection.
The Sparklo presale is currently live and goes for a cheap price of $0.017, with a further 30% bonus until May 5th. Its projected growth, according to analysts, can exceed the 5,000% mark in just a year. Considering this, investors have been accumulating as much Sparklo as they can, making it one of the hottest presales at the moment.
Lastly, the ongoing KYC audit, the completed audit of the smart contract by InterFi Network, and the liquidity lock for 100 years have resulted in confidence in the project. Consequently, new investors are lining up to invest in it.
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