With the latest dip in the cryptocurrency market, long-term growth of the crypto sector has hit a new low. The value of many popular cryptocurrencies has dropped by over 70%, however, some cryptos like Flasko continue to emerge and soar. In this article, we're looking at Flasko, a one-of-a-kind cryptocurrency, and why it may rise quicker than SHIB and DOGE.
To this day, the ever-expanding Shiba Inu community is a valuable resource, making it one of the market's most sought-after meme coins. However, many potential crypto buyers have been scared off by the currency's dismal performance this year. Primarily, its lack of scalability and absence of the backing of real world assets or actual use cases, make it difficult to expand the project.
In March alone, the number of SHIB transactions decreased from 329,893 to 216,260, which undoubtedly impacted the trading value that went down by over 75%. The Shiba Inu corporation plans on using a circulation strategy that will cause shortages in the coin in order to increase its value and the number of transactions.
Dogecoin (DOGE) was released in December 2013 and was one of the first meme coins. Although its inception was likely humorous, Dogecoin (DOGE) has grown to become the most popular meme coin on the market today. Additionally, it saw a rise in transactions when SpaceX and Tesla founder, Elon Musk, tweeted about it. However, the fame was short-lived as Musk went on to say that Dogecoin was a "hustle".
The value of dogecoins may fluctuate widely in the coming days as per analysts predictions. While price movement has been relatively flat during the first week of September trading, on-chain data indicates that large-cap players are re-entering the market.
Flasko (FLSK), which was established recently, is regarded as the best investment for 2022. The goal of the Flasko (FLSK) protocol is to create the first NFT investment marketplace for real, rare, vintage and exclusive alcoholic beverages. Users of Flasko (FLSK) can purchase an entire NFT and have the whiskey, wine, or champagne bottles delivered to their door at no extra cost.
Several prominent cryptocurrency analysts have lately forecasted that Flasko (FLSK) will increase in value to around $2.20 by the middle of 2023. As more FLSK tokens are sold, the presale price will rise from its current level of $0.065. The platform's liquidity is also due to be locked for 33 years, whilst the team will be unable to sell any of their tokens for the first two years and having passed its audit with Solid Proof all these points lead to making Flasko a safe investment. We believe Flasko has the potential for really significant growth.
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.