The ebbs and flows of the crypto industry were out in full force in 2022, where ApeCoin (APE) hit both its all-time high and all-time low, and where major cryptocurrencies like Cronos (CRO) weren't spared from the market crash. At the same time, opportunity often knocks quietly in the crypto space, with high-potential projects like Flasko just entering its presale phase. Let's talk about these three cryptos and see which one stands out as a worthy investment in 2022.
ApeCoin (APE) mooned just right before the crypto markets took a turn for the worse––consequently, ApeCoin (APE) investors' euphoria was short-lived. Since then, ApeCoin (APE) has gone nowhere but south as market conditions turn for the worse. What has ApeCoin (APE) done since launching, anyway? It is clear that there is a lack of innovation and desire to be at the forefront of the industry. ApeCoin (APE) has yet to present a cohesive roadmap. At this point in time, ApeCoin (APE) isn't looking too attractive as an investment if you wish to profit in 2023. Moreover, to gain any sort of utility in ApeCoin (APE), you need to hold Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs. Pass.
Cronos (CRO), launched as the "Crypto.com Coin," was developed as the native token of the Crypto.com exchange and its ecosystem. Cronos (CRO) is primarily used as a tool to transfer value on the Crypto.com blockchain. Cronos (CRO) is used in DeFi, NFTs, and yield farming on the Crypto.com ecosystem.
However, Cronos (CRO) has since lost over 93% of its value, trading at $0.064 after peaking at $0.97 in November 2021. Investing in Cronos (CRO), therefore, might not be as tantalizing a prospect moving forward. Experts predict tough times for Cronos (CRO), with token prices continuing a descent.
Flasko is drawing massive attention in the crypto world with the launch of its Phase Two Presale, offering Flasko tokens at a presale discount of $0.111. And with Flasko's utility––that is, to bring alternative asset investing into the crypto space through investing in rare wines, whiskeys, and champagnes––an asset class that has performed better than traditional equities in the past decade.
With its unique value proposition of enabling users to mint and trade NFTs representing actual bottles of luxury wines and whiskeys, crypto analysts expect Flasko to hit heights of $5––or a 50x increase–by 2023.
Presale and early investors won't only gain exclusive access and discounts on the Flasko Launchpad, a launchpad for companies in the rare wines, whiskeys, and champagnes industry, but also get lifetime discounts on platform trading fees.
Flasko has covered all its bases as far as security, tokenomics, and long-term success are concerned. First, Flasko has passed an audit from renowned German audit firm Solid Proof. Second, Flasko has frozen team tokens for a period of three years followed by another vesting period of the same duration. Lastly, the Flasko dev team has imposed a 33-year platform liquidity lock, ensuring the safety of Flasko as a blue-chip crypto in 2023.
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.