As the crypto industry continues to grow, investors are always hunting for the upcoming blue-chip crypto venture. At this moment, a large number of Litecoin (LTC) investors have picked interest in Sparklo (SPRK) due to a desire to invest in precious metals like gold, silver, and platinum. Currently, Sparklo is amid its token presale, and investor enthusiasm toward the project has been high. Sparklo is working on a platform aimed at democratizing access to the precious metals industry for both low and high-income earners.
Sparklo (SPRK) is removing the barriers in the precious metals industry
Traditionally, investments in precious metals have been meant for the wealthy due to the large capital commitments involved. However, with Sparklo’s forthcoming project, a major shift is expected. Through the utilization of blockchain technology and fractionalization, Sparklo aims to make this sector universally accessible.
Upon investment in the platform, an NFT is created to signify the investor’s stake. These NFTs are backed by precious metals like gold, platinum, and silver. Moreover, Sparklo is set to partner with jewelry stores to introduce its products on its marketplace, providing investors direct access to these products at discounted rates.
Notably, the Sparklo team has already procured a KYC application from the Block Audit Report, indicating its dedication to transparency and adherence to regulations. Currently, the SPRK token presale is active with tokens priced merely at $0.026 each, creating an incredible opportunity for astute investors to get involved in the project before a potential 50x surge in prices.
Litecoin (LTC) price prediction
Litecoin’s (LTC) price has encountered resistance near the $95 mark following a consistent rise. As a result, Litecoin’s (LTC) price underwent a corrective decline and dropped below the $92 threshold. According to CoinGecko, the price of Litecoin (LTC) stands at $91.87. This reflects a 0.99% increase in price over the past 24 hours and a 4.82% increase over the last 7 days. During the latest decline, Litecoin (LTC) tested the 23.6% Fibonacci retracement level of the upward movement from the swing low of $5.26 to the high of $95.00.
Interestingly, unlike Bitcoin and Ethereum, Litecoin’s (LTC) bulls appeared to be defending against a further downside break. At present, Litecoin is consolidating above the $90 level. The coin is currently trading above $90 and the 100 simple moving average on the 4-hour chart. The immediate resistance is near the $93 zone, followed by a major resistance at approximately $95. A decisive breakthrough above this resistance level could initiate another robust rally toward the $100 and $105 levels.
Find out about the Sparklo (SPRK) presale using the links below:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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