Published 3 weeks ago • 3 minute read

Sparklo (SPRK) will be a safe investment despite Limewire listing Ripple (XRP) and Litecoin (LTC) selling pressure


Sparklo is a revolutionary blockchain platform deployed at the perfect time, considering the current crisis that could unfold with traditional currency. Sparklo's unique technology sets it apart, which offers increased transparency and security, making it a safer investment option than conventional methods.

Despite some recent selling pressure on Ripple (XRP) and Litecoin (LTC), Sparklo remains a solid investment option. Investing in precious metals has always been smart, especially during economic uncertainty. With gold nearing an all-time high, Sparklo's specialized focus on precious metals positions it as an attractive investment option.

Limewire adds Ripple (XRP) as a payment option amidst a downward trend

Limewire, the renowned online marketplace for NFTs and tokens, has recently integrated Ripple (XRP) as a payment option for its public token sales. The integration follows a call to the Ripple (XRP) community, which generated an overwhelming response of over 1,800 retweets, exceeding the initial request of 300 retweets. This move is similar to the integration of Cardano (ADA) on the platform following a similar request.

Despite the exciting news of Ripple's integration, XRP faced a downward trend, losing almost 7% over three consecutive days. More concerning, each day's losses were higher than the previous day, leaving Ripple (XRP) trading at approximately $0.43. Although the dip in price may cause concern amongst XRP investors, Limewire's move to add Ripple (XRP) as a payment option provides a glimmer of hope for the cryptocurrency's future. As the crypto market remains volatile, staying informed and exercising caution when investing in digital assets like Ripple [XRP] is essential.

Litecoin (LTC) struggles as the crypto market remains volatile

Litecoin (LTC) is facing short-term selling pressure as the cryptocurrency market continues to experience uncertainty. Over the weekend, Litecoin (LTC) dropped to $80, close to breaking the psychological level after being at $89.7. On May 8th, Bitcoin (BTC) remained in the $27k zone after losing the $28k price range. This downward trend could further expose Litecoin (LTC) to price slumps.

The futures market for Litecoin is currently bearish, with the open interest (OI) rate fluctuating between $340 - $350 million recently but now dropping to $337 million. The exchange Litecoin (LTC) long/short ratio also shows short positions dominating at 50.55% in the past hours, indicating that short-sellers have the upper hand. Although the spread was small, short-sellers could still attempt to crack the $80 support.

Sparklo (SPRK) is an innovative blockchain-based metals investment platform

Sparklo (SPRK) is a game changer in metals trading. With over 80 million tokens sold in just two weeks and Stage One already 97% sold, the platform has received an overwhelming response from over 2,700 sign-ups and 1,000 holders. With the downturns of Ripple and Litecoin (LTC), investors are looking for a haven to park their funds. By contrast, Sparklo saw a drop-dead bull market.

During its presale period, the SPRK token trades with a price of $0.022, making this the perfect time to invest in Sparklo. The platform solves many problems faced by traditional and existing platforms. With lower fees, it enables a greater volume of trading. It is an excellent investment opportunity, according to top crypto analysts who predict the price to increase by over 1,500% by the end of 2023. Moreover, it has also been audited by the InterFi Network and its liquidity will also be locked for a total of 100 years. 

With deposits and withdrawals almost instant, investors no longer have to suffer lengthy delays, which are common on trading platforms. Get ready and sign up for the presale below to become an early investor.

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