Polygon (MATIC)’s market performance shows that the coin’s volatility has reduced significantly in the past few weeks despite having had few impactful price movements in the past three months. Furthermore, Flow Network struggled to reclaim the $1 mark after its March performance which sent its price tanking. Elsewhere, Sparklo (SPRK)’s presale is gaining momentum in the crypto market as the coin opens up new avenues for trading in the bullion industry. Sparklo (SPRK) aims to be the largest online market for precious metals.
Polygon (MATIC)’s Volatility Reduces in 2023
Polygon (MATIC) has recorded a largely stable performance in 2023. It hasn’t had any strong rallies; at the same time, its drop has been mild and has kept it in a close price range over the past few months. Polygon (MATIC) started the year around $4.3, but it rallied to $5.9 by mid-January. Polygon (MATIC) then rallied to $6.5 before reaching $7.5 in the 3rd week of February.
Unfortunately, the price dropped to around $5.5 by Mid March. Polygon (MATIC) started another rally to $6.1, but the price dropped back to $5.8 in the final weeks of April. Polygon (MATIC)’s investors might be happy over its stability in 2023, as it will come in handy when the bearish sentiment of the crypto winter ends.
Flow Struggles to Return to $1 after March
Flow’s 2023 market rally has cooled off since March. Flow had started to rally towards the end of what was generally a tough year for the entire crypto market. After finishing the year at $0.6, it rallied to $1.07 three weeks into the new year.
Flow’s price then wobbled in that price range until mid-February, when it was trading at $1.035. It then jumped to $1.36 by the next week. Only to drop to $0.8 by the 2nd week of March. Since then, Flow seems unable to reclaim the $1 mark. It has reached $1 occasionally, but it only drops shortly after. Flow is currently trading at $0.87.
Sparklo (SPRK) To Bring Bullion Markets Closer To Us
Have you ever wanted to get exposure to bullion markets? Thankfully, Sparklo has announced the upcoming launch of its trading platform that connects investors worldwide and provides a simple framework for investing in precious metals like gold, silver, and platinum.
Sparklo offers users a platform with high liquidity. Users can trade with colleagues anywhere in the world. This means far more liquidity for Sparklo. It also ensures that users get a quality trading experience. Sparklo offers some of the lowest management fees on the market. Its users would pay 0.1% per annum as management fees, while several traditional bullion trading platforms charge around $0.5% annually.
Sparklo’s users will get NFTs that represent their holdings. Users with a full NFT can choose to have the precious metals delivered to any location of their preference. Furthermore, Sparklo has announced that it will lock liquidity for 100 years while team tokens will also be locked for 1000 days. Furthermore, Sparklo has completed a security audit by Interfi, and the results are live on the website.
Like many, we believe Sparklo will be one of the best-performing coins in 2023. Now is a great time to invest in the project because it costs as low as $0.017 and investors who purchase Sparklo tokens between now and May 5th will get a 30% bonus.
Find out more about the Sparklo presale:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
