Thanks to consecutive market crashes in 2022, Bitcoin Cash (BCH) is struggling to undo the damage its coin suffered last year. Its price has gotten off to a good start in 2023, but it hasn’t been able to sustain any rally or significant price jump.
On the other hand, Ripple (XRP) recorded its best price rally in March amid speculations that the Ripple-SEC court case was preparing for its final stages. Finally, the crypto market has responded positively to the new presale token, Sparklo (SPRK), as it aims to change how we invest in precious metals like gold and silver.
Sparklo (SPRK) Announces Upcoming Launch of Innovative Trading Platform
Sparklo, an investment platform, is causing massive excitement because of its upcoming launch. The platform will give investors an easy way to trade precious metals, which are considered a safe haven against inflation. Sparklo offers users low fees, wide access to gold and silver markets worldwide, instant payments, and a token bonus (if you buy now).
Sparklo’s users will also enjoy the comfort and safety of blockchain technology. Sparklo has already been audited by Interfi, and users are welcome to check the results on Sparklo’s website. Furthermore, Sparklo’s executives have announced that liquidity will be locked for 100 years.
One thing that makes Sparklo stand out is its exciting approach to investing in precious metals. The network relies on fractionalized NFTs to represent the size of an investor’s portfolio. Investors get full autonomy over their NFT holdings and they can trade or liquidate them or have the underlying asset delivered to them depending on the size of their NFT.
Despite the huge buzz Sparklo is causing in the Web 3 community, it would shock you to know that it’s still in presale. However, it’s growing fast. Sparklo’s price will rise from $0.015 to $0.017 as April ends. We believe now is the best time to join this exciting project because of the ongoing token bonus, where Sparklo will hand out a 30% bonus to new investors.
Ripple (XRP) Records Strong Performance in March and April as Expectations of Beating the SEC Increases
Unlike many cryptocurrencies that fell in March, Ripple (XRP) recorded a very strong market rally that took it close to 20% of the value it lost since last year. Ripple (XRP), like many coins, fell sharply last year and started to rally slowly in the first two months of 2023.
Ripple (XRP) was trading around $0.33 at the start of the year. It started an impressive rally that took it to $0.4 towards the end of January, but the price started correcting in February, and it gradually dropped to $0.36 by Mid February. Its strongest rally happened in March when its longstanding court case with the SEC was in the news.
As news of the court case swelled in March, Ripple (XRP)’s price jumped to around 0.54. It corrected a bit to $0.52 by Mid April but dropped a bit to $0.47 by the last week of April.
Bitcoin Cash (BCH) Starts Slow Recovery in 2023
Bitcoin Cash (BCH), like many others, was seriously affected by the market crashes of 2022. However, the project has begun a long slow recovery. Bitcoin Cash (BCH) was trading at around $99 by the end of 2022.
By the second week of January, it was trading at $124. Despite the bearish sentiment from the crypto winter, Bitcoin Cash (BCH) managed to keep most of its price gains despite rising and falling on several occasions. It rose to $145 by the third week of February, but the price corrected again to around $110. Bitcoin Cash (BCH) then jumped sharply to around $134, but the coin’s price dropped again to around $121 in mid-April.
Since then, it has struggled within that price range. Given its strong performance in the first four months of 2023, Bitcoin Cash (BCH) is expected to rally even stronger when the crypto winter ends.
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