Fantom (FTM) Price Shows Increase, but Investors Awaiting Rally as they Explore Sparklo (SPRK) for Diversification


The price of Fantom (FTM) has experienced a notable rise, rebounding more swiftly compared to other alternative cryptocurrencies and currently trading at $0.27. However, FTM investors eagerly await the breach of a demand wall at $0.48, a crucial level that would render 1.08 billion FTM profitable once again.

This breakthrough has the potential to reignite investor interest, which has waned recently, leading to a decline of approximately 9,000 investors in the past week. Looking for diversification options, investors are turning their attention to Sparklo (SPRK), a promising blockchain investment platform focused on gold, silver, and platinum, aiming to revolutionize the way people invest in these popular metals.

Investors Embrace Sparklo (SPRK) for Diversification Opportunities

Sparklo (SPRK), an innovative project tailored to the needs of long-term cryptocurrency investors, has gained significant attention within the investment community. This unique platform aims to provide fractionalized trading and investment opportunities in precious metals like silver, gold, and platinum, making it an attractive option in the world of cryptocurrencies.

One of the standout features of Sparklo is its commitment to investor security. The team has taken the unprecedented step of locking liquidity for a staggering 100 years, demonstrating a dedication to long-term stability.

Additionally, Sparklo has obtained a Know Your Customer (KYC) certification from Block Audit Report, a testament to its reliability and trustworthiness. SPRK, the native ERC-20 cryptocurrency of Sparklo, serves as the platform’s payment medium and offers potential governance rights, making it an integral part of the ecosystem.

Sparklo is currently in the third stage of its presale, offering SPRK tokens at an appealing price of $0.088 each.  Join the presale now!

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Fantom (FTM) Price Sees 15% Surge, Investors Awaiting Return to May Highs

Fantom (FTM) has experienced a significant price rise, outpacing many other cryptocurrencies in terms of recovery. Currently trading at $0.48, FTM has shown a relatively swift rebound, climbing from its five-month low of $0.23. Despite this positive momentum, FTM holders maintain a bearish outlook, leading them to exit the market.Investors eagerly await Fantom (FTM) price to rally back to $0.43, representing the average purchase price for approximately 1.08 billion Fantom (FTM) held by 10,000 addresses. Reaching this level would make this $291 million supply profitable, but it remains a distant possibility for now.

While there is another demand wall at $0.44, breaching it would only make 425 million Fantom (FTM), worth $114 million, profitable once again. The current challenge lies in reversing the effects of the June crash, a task that Fantom (FTM) is getting closer to accomplishing.The return to $0.62 or $0.64 would reignite investor interest and confidence and potentially attract the return of the 9,000 addresses that recently exited the market. The achievement of these price levels holds the potential to drive Fantom (FTM) prices even higher in the future.

Find out more about the presale with the links below;

Click here to buy presale

Check out the website

 

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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