The crypto market has been experiencing price fluctuations lately, with many altcoins making impressive gains. Among the top-performing altcoins is Sparklo (SPRK) which has been leading the bullish movement, with significant price gains on the horizon.
At the same time, other altcoins such as Cardano (ADA) and Render Token (RNDR) have also seen remarkable price increases.
Sparklo’s (SPRK) Metal Trading Platform Gains Massive Traction
Sparklo (SPRK) wants to create a unique investment platform designed exclusively for the crypto industry. It will offer fractional ownership of precious metals such as gold, silver, and platinum, allowing investors to diversify their portfolios using the SPRK token.
To enhance its performance and minimize risks, Interfi Network has audited Sparklo’s (SPRK) reserves. Also, the platform has locked its liquidity for 100 years, while team tokens will remain locked for 1,000 days.
Furthermore, the project has implemented stringent KYC procedures to ensure secure and transparent transactional movements. The outcome of the KYC verification will be released soon.
Currently, in the first stage of the presale, early investors can purchase Sparklo (SPRK) for $0.017. Additionally, a 30% bonus reward will be granted for every order, allowing investors to acquire 1,300 SPRK for every 1,000 SPRK purchased.
Cardano (ADA) Network Transaction Increases
According to Cardano’s (ADA) latest monthly report for April, the network experienced a healthy uptick in transaction activity, with a 2.49% increase to 65.6 million transactions, and a 1.19% growth in the number of wallets.
Meanwhile, most of the Cardano (ADA) transactions were simple transactions, accounting for 49% of total transactions, while smart contract transactions grew by 30%, and metadata made up the rest. The report highlights that Cardano’s (ADA) growing utility is driving significant growth.
Despite the positive network activity, the price of Cardano (ADA) has seen a decline in the past 24 hours, trading at $0.385405, reflecting a drop of 0.06%. The bearish sentiment of Cardano (ADA) has persisted, with an additional drop of 2.45% in the past seven days.
Render (RNDR): Will Bears Overtake Bulls?
Despite experiencing a downturn in the recent market environment, Render Token (RNDR) remains one of the top-performing tokens in the market. Recent market data indicates that the token’s price has increased by 19% since last week.
Additionally, recent Render Token (RNDR) on-chain developments favor the bulls, indicating that the token’s position in investor portfolios is secure. However, the bears are currently attempting to breach the $2.1 level for Render Token (RNDR).
As a result, traders and investors should take measures to defend this support level, as a bearish break below this price point could result in Render Token (RNDR) dropping to $1.574 in the long run.
By press time, the price of Render Token (RNDR) is $2.12, a 0.29% price decline in the last 24 hours and a 4.77% price increase for Render Token (RNDR) in the past 7 days.
Find out more about the Sparklo presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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