Despite emerging as some of the best cryptocurrency performers in the 2021 cryptocurrency bull run, analysts don’t expect explosive growth for Shiba Inu (SHIB) and Cronos (CRO).
A lot has changed since these two made all-time highs. For instance, Cronos (CRO), which relied so much on advertising, saw this avenue close after the FTX debacle. On its part, Shiba Inu (INU) has to contend with newcomers with higher potential.
The future looks favorable for Sparklo (SPRK), though. This cryptocurrency is still in the presale stage, and analysts believe it has the potential to do 1,000X once it is listed.
Shiba Inu (SHIB) No Longer The Darling Of Investors
Back in 2021, Shiba Inu (SHIB) was the darling of all investors looking for exponential returns on investment. Today, that excitement is all gone, and Shiba Inu (SHIB) is just another cryptocurrency.
Analysts believe that as new low-cap meme coins enter the market, Shiba Inu (SHIB) will struggle even more. That’s because, at its current market capitalization, the odds of Shiba Inu (SHIB) giving the same gains as those of 2021 are low.
Already new meme coins like Pepe Coin are showing the direction that meme coins are taking and why Shiba Inu (SHIB) could be history.
At the same time, Shiba Inu (SHIB) hasn’t made much progress in gaining value beyond being a meme coin. Shiba Inu (SHIB) is expensive to transact with because it runs on the Ethereum network.
Also, the huge number of tokens that Shiba Inu (SHIB) has and the slow burn rate means the odds of it gaining value substantially are low.
As such, it is unsurprising that those whales who previously found Shiba Inu (SHIB) exciting are now looking for new hidden gems like Sparklo (SPRK).
Cronos (CRO) Stagnates As Adverts-Driven Publicity Drops
Before the collapse of FTX, crypto advertising was a fantastic way for cryptocurrencies like Cronos (CRO) to create user awareness.
However, things are now different as regulators in different jurisdictions crack down on crypto-related advertising. The impact is that cryptocurrencies like Cronos (CRO) don’t get as much publicity as they would need to draw in new investors and users.
At the same time, Cronos (CRO)’s use case is nothing unique. Cronos (CRO) has to contend with many competitors, most of whom offer cheaper payment services.
Also, as investors look forward to the next crypto bull run, attention is shifting to new, high-potential cryptocurrencies with high potential. Cronos (CRO) is neither of that, and cryptocurrencies like Sparklo (SPRK) are taking its place.
Sparklo Creates Market Excitement As Investors Seek Growth
Growth-chasing investors are finding Sparklo (SPRK) interesting because it has a huge opportunity for growth once it goes live in the markets.
The excitement around Sparklo (SPRK) is cemented by the fact that it has a strong use case, something that is hard to find in most presale tokens these days.
Sparklo (SPRK) wants to change how people invest in precious metals. For those who previously couldn’t afford to buy precious metals, Sparklo (SPRK) is making it easy to do so by introducing fractional investing in platinum, gold, and silver through NFTs.
This is a big deal and has seen most analysts predict that Sparklo (SPRK) could break into the top 100 after the presale.
The Sparklo (SPRK) presale is also drawing a lot of investors because it is affordable and above board. InterFi Network audits the smart contract, and the Sparklo (SPRK) tokens are only going for $0.015 presale.
Buy Presale: https://invest.sparklo.finance
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