Can SparkPoint (SRK) cryptos' impressive rally woo investors?

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Can SparkPoint (SRK) cryptos' impressive rally woo investors?

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 Can SparkPoint (SRK) cryptos' impressive rally woo investors?
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Highlights

  • SparkPoint is a multi-blockchain non-custodial cryptocurrency wallet, which holds leading tokens such as Bitcoin, Ethereum, and various other ERC-20 and BEP-20, etc.
  • Powered with security and privacy as a wallet service, it provides an all-in-one web-based mobile application, which integrates cryptocurrencies along with the fiat currencies using blockchain technologies.
  • On 12 January, it was up by 172% and a massive volume rally of over 8,000%.

SparkPoint is a multi-blockchain non-custodial cryptocurrency wallet, which holds leading tokens such as Bitcoin, Ethereum, and various other ERC-20 and BEP-20, etc. Powered with security and privacy, as a wallet service, it provides an all-in-one web-based mobile application, which integrates cryptocurrencies along with fiat currencies using blockchain technologies.

With the multi-faceted wallet service, the users can pay their payments in either crypto or fiat form. With SparkPoint’s twin services, SparkEarn and SparkPlace, the transaction process is faster, cheaper, and efficient. These twin features allow the individuals to perform trading activities without the need of a middleman or a moderator.

Besides being cost effective for the users, the financial institutions too take advantage of the SparkPoint’s offerings. In fact, it allows the financial institutions to maintain accurate data on their customer profiles with the help of SparkPoint’s services.

SparkPoint has been gaining massive traction on Wednesday following the price rally. On 12 January, it was up by 172% and a massive volume rally of over 8000%.

Why SparkPoint is surging

SparkPoint has been rallying following its announcement of achieving an impressive start with the total sales of their NFT token Sparkies. The Sparkies NFT collection saw a huge sale of US$9.31 in BNB tokens, which has created a ripple in the market.

Besides, the successful achievement of the update on SparkPool has also sparked interest among the investors. The users can now stake their SRKb-BNB and SFUEL-BNB Farms in the liquidity pools of SparkPool.

In fact, it is one of the tokens, which has seen a decent rally of over 70% in the past few days. This has prompted the investors to further bet on the relatively unknown token, which promises to be potential sunrise crypto.

How is it faring?

SRK token is among the top 1,000 cryptos as per the market share and is ranked 762 on CoinMarketCap. According to CoinMarketCap, the SRK is trading at US$0.003092 with a volume of US$23,872,951 over a day. Today, the bullish trend further extended as it was up by 156.31% at the time of drafting with a live market cap of US$25,892,449 and a supply of 8,373,301,338 SRK coins.

Conclusion

Experts are predicting that SparkPoint could achieve its all-time highs in 2022. The year has started well for the project, and it would be hoping to consolidate its position and pricing further in the year. 

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