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There's no shadow of a doubt that we are very much still thick into the bear market.
With the cryptocurrency industry losing over $2 billion in market capitalization, crypto projects have had as much as 70-100% obliterated from their late 2021 prices, with several established projects even losing everything. Established cryptos like Cosmos (ATOM) and Ripple (XRP) weren't spared from this downturn.
However, diamonds are to be found even in bear markets in the crypto space, and one of those is Flasko. What is Flasko? Let's find out.
Cosmos (ATOM) was developed as a hub-and-spoke "internet of blockchains," whose ultimate goal is to foster interoperability across different blockchains so they can seamlessly interact with each other. Cosmos (ATOM) is also the native token supporting the Cosmos (ATOM) Hub, which connects blockchains together. The Cosmos (ATOM) token is used to incentivize network validators, pay out staking rewards and transaction fees, and vote on governance proposals.
The Cosmos (ATOM) network has great potential to gain mass adoption as more and more blockchains work on interoperability – however, it will take some time before Cosmos (ATOM) token prices reflect this. Cosmos (ATOM) is trading at $14, holding up fairly decently being just 68% down from its ATH.
It's been a rocky road for Ripple (XRP) this year, with Ripple (XRP) token prices fluctuating wildly despite its bullish showing when zooming out charts. Much of this uncertainty surrounding Ripple (XRP) can be linked to Ripple Labs' case with the United States Securities and Exchange Commission – the same case leaving Ripple (XRP) investors anxious about.
The most prudent for responsible investors is to wait until the SEC case is decided with finality before going long on Ripple (XRP).
Flasko is shaping up to be a better purchase in 2022 with all the uncertainty surrounding Cosmos (ATOM) and Ripple (XRP) with its unique value proposition allowing investors to buy in the trillion-dollar luxury spirits and wines industry – an industry whose assets continuously rise in scarcity and value.
Flasko investors have a unique opportunity to invest in rare wine and spirits NFTs that represent real assets, such as the finest, rarest wines of the world. Better still, Flasko investors can even get the bottles delivered to their residences all taken care of by the Flasko team. Imagine owning a portion or an entire bottle of rare Karuizawa vintage Japanese whiskey worth hundreds of thousands of dollars – and delivered straight to your home.
Flasko has just recently launched its presale, presenting a once-in-a-lifetime opportunity to invest early and experience parabolic gains. Flasko presale prices have risen from $0.015 to $0.04 – and crypto analysts tip Flasko tokens to hit the $3-$5 level by 2023. That's nearly a 100x from this point.
Ditch the meme coins – back a project with a full audit, 33 years locked liquidity, and real, tangible asset backing in a booming industry. Don't miss out on the Flasko presale.
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.
