Cryptocurrency

Looking to Profit During the Bear Market? Avoid Solana (SOL) and Cardano (ADA): Choose Flasko (FLSK)

Market Trends

Crypto investors are rethinking their investment philosophies after the sensational bankruptcies and eventual fall from the grace of major players in the space like FTX, Alameda, and BlockFi in recent months. Solana (SOL) and Cardano (ADA), once thought to have unassailable positions in the market, have been obliterated in price and market capitalization. This has made crypto investors more discerning about what they invest in. Gone are the days of hype and memes. Now, investors are looking for utility and value.

The presale token Flasko is making waves in the space due to its value. In this article, we'll examine why Flasko might be a better move than buying the Solana (SOL) or Cardano (ADA) dip.

Solana (SOL) Losing Mindshare Among Holders

Solana (SOL) needs no introduction. The smart contract platform notably did an unfathomable run to the top 10 cryptos by market cap, with early Solana (SOL) investors laughing all the way to the bank at their good fortune as it hit its all-time high of $267. However, since then, it has been bad news for Solana (SOL) as token prices lost over 95%, plummeting to their current level of $14.

Unfortunately, Solana (SOL) has done little to assuage investor fears as the platform remains prone to outages and security incidents. Solana (SOL) investors, especially those who bought the top, are understandably angry.

Cardano (ADA) Faces Long Odds to Return to its Peak

Cardano (ADA) is yet another smart contract platform that, at one point in time, was the fourth-largest cryptocurrency in the world. However, Cardano (ADA) has since lost a great deal of momentum as the crypto winter left Cardano (ADA) prices falling by the wayside and getting stuck in the mud. Despite its Vasil hard fork, Cardano (ADA) has seemingly failed to recapture investor sentiment, with adoption still lagging.

Cardano (ADA) has lost 90% from its all-time high of $3.09, currently trading at $0.31.

Flasko (FLSK) Will Rise In The Crypto Charts During 2023

Flasko seeks to create the first alternative-investment platform allowing investors to buy fractionalized NFTs backed by real, physical assets in the form of investment-grade wines, whiskeys, and champagnes. In doing so, Flasko users can benefit from steadily appreciating prices and scarcity.

Investors who purchase full NFTs can have the underlying bottle of rare wine or whiskey sent to their homes for free upon redemption.

Flasko, through its launchpad, seeks to collaborate with companies engaged in rare wines and whiskeys, which they can promote on the platform. Flasko investors can gain exclusive discounts and first-priority access to such products.

Flasko has demonstrated good faith by locking liquidity on the platform for 33 years and a three-year lock on dev tokens. Top that off with a fully-passed Solid Proof audit, and you have a recipe for success that no other presale token has managed to put together. Flasko is built for long-term profitability and success.

The best returns to be made are investing in cryptos well before they hit their peaks. Flasko presale prices are currently at $0.125, an opportunity considering Flasko could easily hit $5 by 2024. There's no better time to buy into Flasko than right now.

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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.

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