Dogecoin (DOGE) In The Red Zone and Investors Diversify with Sparklo (SPRK)

When Dogecoin (DOGE) came out, it was seen as a joke and it was intended to be a joke or meme cryptocurrency that took a bit away from the serious tone among cryptocurrency enthusiasts and communities at the time. However, the project saw an exponential level of growth in its value and even sparked an entire industry of competing meme coins to follow it.

Those who missed that altcoin now have the opportunity to make an investment in another cryptocurrency that is primed for success. Analysts predict that the Sparklo project can climb in value by 4,000% in the upcoming months and today, we will be exploring why this might be the case.

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Dogecoin (DOGE) decreases in value by 11.9%

While Dogecoin (DOGE) is primarily made as a joke, this does not mean that it does not undergo any development. Recently we saw the release of libdogecoin 0.1.2 and last month, the blue bird logo on Twitter was switched to an image of a Shiba Inu dog, or the “Doge” meme as it is known online. Both of these aspects ultimately had an impact on the value of the Dogecoin (DOGE) cryptocurrency.

As of May 12, 2023, Dogecoin (DOGE) traded at $0.072223. Within the last 30 days, Dogecoin (DOGE) saw a decrease of 11.9%. Within the last week alone, the cryptocurrency declined by 8.2 in value. Based on its recent performance, it is clear why some investors and traders are beginning to diversify.

Sparklo (SPRK) introduces new way to invest in silver, gold and platinum

The Sparklo platform will be developed as a means of enabling investors the opportunity to begin making investments within the precious metals asset class. On top of Sparklo, anyone will gain the opportunity to make investments in silver, gold and platinum. 

What this means is that non-fungible tokens (NFTs) get minted, then fractionalized. Investors then have the opportunity to either buy an entire NFT or just buy a fraction of it. Those that do get an entire NFT can then have it delivered to them anywhere.

During the stage two presale of the SPRK token, it is offered at just $0.022. The platform has been audited by the InterFi network and the team completed a KYC procedure. Moreover, analysts predict a 1,500% jump in its value in the upcoming months.  As for its liquidity, it will be locked for a total of 100 years in order to prevent a rug pull.

The the right cryptocurrency to diversify with in 2023

With the recent decrease in the value of the Dogecoin (DOGE) cryptocurrency, it is clear why many have begun eyeing different projects. 

As a result, Sparklo has gained a significant level of appeal. Based on the research conducted, the SPRK token represents one of the highest-growth altcoins for 2023 and investors curious about jumping into it can do so at the links below.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance