• Ethereum (ETH) and Dogecoin (DOGE) are leading a shocking rally, with ETH trading above $2,100 for the first time since May 2022 and DOGE at multi-month highs.
• This rally is causing speculation that we may be entering an altseason, where non-bitcoin digital assets outperform BTC.
• Sparklo, an interesting project building the industry’s first fractional investment platform for silver, gold, and platinum has entered its presale.
Altcoin Rally
Since the start of the year, Bitcoin has been the star of the crypto market rally, leading the top 10 cryptos by market cap in gains. However, Ethereum (ETH) and Dogecoin (DOGE) are now leading what is a surprise altcoin rally. In the last week alone, ETH has risen by 9.5%, trading above $2,100 for the first time since May 2022 while DOGE has jumped 8.9% to trade at multi-month highs.
Speculation of Altseason
The normal trend in crypto markets is to follow Bitcoin’s sentiment but this current rally does not correlate with what Bitcoin is experiencing at present – leading experts to believe we may be entering an altseason – where non-bitcoin digital assets outperform BTC. Crypto trader Michaël van de Poppe told his 160k YouTube subscribers they have a window of „at least a few months“ before Bitcoin will correct and make way for altcoins to flourish again.
About Sparklo
Sparklo is an interesting project set out to build industry’s first fractional investment platform for silver, gold and platinum – allowing users to invest small amounts into these precious metals without having to buy them in their entirety; essentially allowing everyone access to investing in these commodities regardless of their budget or wealth status. The project recently announced it had entered its presale phase.
Investment Considerations
Investors should consult a professional financial advisor prior to making any investments as there are various factors which can influence results such as market conditions and volatility among others.. It’s also important that investors do their own research into any given asset before investing as there can be hidden risks which should be taken into consideration when making decisions about investments in cryptocurrencies or other assets like silver or gold.
Conclusion
As Ethereum (ETH) and Dogecoin (DOGE) lead what could potentially be an altseason; Sparklo enters its presale stage with plans to build industry’s first fractional investment platform for precious metals like silver ,gold & platinum giving everyone access regardless of budget or wealth status . Investors should exercise caution as there can always be hidden risks when it comes making decisions about investments in cryptocurrencies or other assets like silver or gold so consulting a professional financial advisor is advised prior to doing so .