Finding a good crypto to invest in when market conditions are extremely bearish is like finding a needle in a haystack. Here's the thing, though: the collapse of FTX, BlockFi, and Alameda Research has yet again triggered a downturn in the markets. That means even established cryptos like Uniswap (UNI) and Avalanche (AVAX) lost over 90% of their all-time high values in the past year.
If you want to make a serious profit during the bear markets, you need to determine which cryptos in their early stages or presale periods have the potential to succeed and what signs to look at. One of those cryptos in 2022 is Flasko, an alternative investment platform in the rare wines, whiskeys, and champagnes sector. We'll discuss why Flasko might very well be a better investment than Uniswap (UNI) or Avalanche (AVAX) in the years to come.
Uniswap (UNI) made its parabolic run to $45 on the strength of its product––a decentralized market maker and exchange, which saw Uniswap (UNI) firmly established in the top 10 cryptocurrencies by market capitalization.
But that's why Uniswap (UNI) is falling out of favor with investors. Uniswap (UNI) will take tens of billions in market cap to even get a sniff of its ATH values, and that money isn't going into Uniswap (UNI) anytime soon. Currently, Uniswap (UNI) trades at $6.30, 84% less than its ATH.
Avalanche (AVAX) is a smart contract platform that emerged in the wake of Ethereum's success. Avalanche (AVAX) offers higher throughput, lower transaction fees, and near-instant finality. During the 2021 bull run, Avalanche (AVAX) ran to the top 20 of cryptocurrencies by market cap, as its price per token spiked to $146. Since then, Avalanche (AVAX) has largely been bleeding out most of the value it accrued.
Avalanche (AVAX) will remain a strong competitor in 2022, but the competition is stiff. Investors tempted to buy the dip on Avalanche (AVAX) should expect a long, tough hold.
Flasko is expected to outperform Uniswap (UNI) and Avalanche (AVAX) in price action in 2023, with Flasko expected by analysts to surge from $0.125 to $5 in 2023. And you know what? It might just do so, given its unique value proposition and tokenomics.
Flasko will enable users to mint and own NFTs representing real-life physical bottles of the finest, investment-grade wines, whiskeys, and champagnes. It is an asset class that has performed better than traditional equities and benefits from their increasing asset values. Moreover, investors can even redeem their NFTs and have their underlying assets shipped to them anywhere in the world, straight from Flasko's temperature-controlled facilities.
The profit potential for Flasko is immense. Best of all, Flasko has ensured the viability of its platform by locking liquidity for 33 years. Moreover, in the spirit of transparency, Flasko is locking dev team token allocation for three years, followed by a vesting period. Lastly, Flasko has been fully audited by Solid Proof. Flasko has all the potential to skyrocket in value in the coming years.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.