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The cryptocurrency market has been on an exceptional run in 2023, with most digital assets being by at least 50%. However, Stellar (XLM) and Quant (QNT) have managed to remain outliers in the predominantly bullish cryptocurrency market.
While Stellar (XLM) and Quant (QNT) struggle with deep-rooted issues, which may cause further downtrends, a newcomer, Sparklo is stealing the show, with experts predicting a major rally for the asset after the presale.
Stellar (XLM) Continues to Struggle in Bull Market
The cross-border transfer and payment network that connects financial bodies, Stellar (XLM) has struggled in recent times. While many cryptocurrencies are in the green, XLM has been deep in the red.
Although Stellar (XLM) is building a network of interconnected global finance institutions, the project has not enjoyed as much mainstream adoption as is expected for a cryptocurrency that has been in the market for almost nine years.
Despite having an amazing foundation, Stellar (XLM) continues to struggle, especially to attract new investors. As a result, many existing investors have turned from Stellar (XLM) to other more promising projects like the new investment platform Sparklo.
Quant (QNT) Tanks After Hack
Cryptocurrency exchange, Bitrue suffered a $23 million hack, and Quant (QNT) was one of the most drained digital assets. CryptoNagato tweeted that the hacker had sold thousands of Quant (QNT) tokens and still held over 28,000 more coins.
Shortly after the hack was announced, Quant (QNT) began dumping. Quant (QNT) is still reeling from the effects of the hack and has dropped more than double-digits since the announcement was made.
Considering the trading pattern of Quant (QNT) InvestorsObserver has given the digital asset an average long-term technical score of 37, meaning that no significant positive price movement should be expected from
Sparklo Shines in Tumultuous Crypto Market
The struggle of many digital assets has not been the case for Sparklo. The revolutionary project that wants to change how investors interact with precious metals like silver, gold, and platinum, has enjoyed massive support from investors.
The interest is in Sparklo’s precious metals trading platform where investors will be able to buy fractions of precious metals – silver, gold, and platinum. These fractions will be minted as fractional NFTs and backed by the real precious metal.
The project holds so much promise that market analysts are betting on a top 100 spot for Sparklo in the first year of its launch. The project is currently in the first stage of its presale and is trading for $0.015.
To vet its smart contracts and reserves, Sparklo has been audited by the InterFi Network. In addition, the project is undergoing a Know Your Customer (KYC) audit, which will be received soon.
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
