Investors must look for profitable cryptos as the cryptocurrency market corrects from the previous bearish trend. Many cryptocurrencies were affected by the last general bearish trend, leaving some cryptos losing every value while others declined. It has then been challenging to find a cryptocurrency that has not been affected by the bearish sentiment or will provide gains in the coming months.
The market decline has impacted even tokens like ChainLink (LINK) and Stellar (XLM). In the wake of investment opportunities for 2023, market experts suggest Sparklo as the best alternative investment cryptocurrency for every investor.
ChainLink (LINK) Investors Hope As Price Shows Recovery
ChainLink (LINK) has declined for the past months, with CoinMarketCap showing that ChainLink (LINK) achieved its all-time high of $52.70 on May 10, 2021. Since then, the token has been on a steady downward trend. Over the past 30 days, ChainLink (LINK) has lost 7.6% of its total volume, followed by a 14-day loss of 15.4%.
Presently, ChainLink (LINK) trades at $6.61 after a 4.0% price change in the last 24 hours. Nevertheless, analysts predict ChainLink (LINK) will soon experience a bull run, making it a good token for investment. This price increase started in the last seven days, as seen in its 1.5% increase.
By market value, ChainLink (LINK) ranked #23 and took the first position on the 24 hours list of top gainers in the first week of November, such data makes ChainLink (LINK) bullish. Also, market experts predict that ChainLink (LINK) might achieve a target price of $15 in the coming months.
Stellar (XLM): Analysts Unsure Of An Upward Trend In The Coming Months
Stellar (XLM) token has had a bad experience over the past two years. During these times, it dropped out of the top ten cryptocurrencies in the market due to its blockchain technology which is quite different from other cryptocurrencies.
Stellar (XLM) token achieved an all-time high of $0.087 on January 3, 2018. But compared with its all-time high, we can find that the value of Stellar (XLM) tokens has dropped from an astonishing 90%. With Stellar (XLM) token’s current 25.6 billion total circulating supply, analysts anticipate the amount of gain that Stellar (XLM) token can make if a potential spike occurs.
Currently, this token trades at $0.08, and analysts predict it might not provide substantial gains in the short term, leaving investors searching for alternatives that can provide gains quickly.
Sparklo (SPRK) Is The Best Alternative Investment For 2023
If you seek an alternative investment that can provide substantial gains in the coming year, then Sparklo might be the best token for you. Sparklo will be the first alternative investment platform to let users trade in fractionalized NFTs. These NFTs are backed by gold, platinum, and silver.
Sparklo will partner with luxury jewelry shops to ensure the products enter the marketplace. Investors will be able to enjoy first access to the products and also product discounts. Sparklo currently goes for only $0.013, and analysts predict this price will increase in the coming months.
It is common knowledge that investing in a token with a solid and unique utility can provide enormous profits. We believe investing early in Sparklo would be the best choice since it has high growth potential.
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