Ripple (XRP) and Binance Coin (BNB) Could Be Overtaken By Flasko (FLSK) in 2023

Ripple (XRP) and Binance Coin (BNB) Could Be Overtaken By Flasko (FLSK) in 2023
Published on

As per CoinMarketCap, there are just over 21,000 coins presently. This astounding variety makes it difficult for most investors to choose even a few good contenders.

Some people could bet on the lowest-ranked and obscure coins on the market. Others who prefer familiarity may pin their hopes on established projects like Ripple (XRP) and Binance Coin (BNB).

Ripple (XRP) and Binance Coin (BNB) have been around for several years, with a few periods of impressive price appreciation. What's more, Ripple (XRP) and Binance Coin (BNB) have established social proof in the industry.

However, it's time for something new that will eventually hold these qualities in the future: enter Flasko.

Ripple (XRP): Well-established coin but hasn't been above $2 since 2018

A few years ago, Ripple (XRP) was in the top 3 of the most well-known coins after Bitcoin (BTC) and Ethereum (ETH). In the bull run of 2017, Ripple (XRP) reached an all-time high of $3.55

However, like many coins, its present value is nowhere near this peak. Ripple (XRP) is currently worth about 40 cents. The project still has a dark cloud hanging over it with the pending SEC case that began in December 2020. No one knows how much negative impact this will have on Ripple.

The other problem is that Ripple's (XRP) value proposition isn't compelling enough anymore. There are better projects with more features and fewer chances of price stagnation.

Binance Coin (BNB): Popular crypto but has also stagnated like Ripple

Like Ripple (XRP), Binance Coin (BNB) has been one of the industry's relatively 'safe bets' for some time. BNB belongs to Binance, which continues to be the largest exchange by trading volume. Still, despite this, Binance Coin has tanked along with the overarching crypto winter since late 2021.

Also, the exchange continues to face regulatory scrutiny and may be banned in more countries over time.

Flasko (FLSK): predicted to be a valuable gem in 2023

Flasko is the first platform incorporating NFTs with real world whiskey, wine, and champagne investments, allowing users to participate by investing into these fractionalized NFTs. With the Flasko token, users can trade fractions or whole parts of their NFT on a dedicated platform. If a user purchases an entire NFT, they can have it delivered to their location of choice, free of charge.

The developers have identified the growing premium beverage market, which has a market capitalization of $13.4 trillion dollars, and will offer an exciting way to get involved. They have already passed their audit with Solid Proof and the team have committed to locking liquidity for 33 years.

They are currently holding a presale, where the price of a token is just $0.04. Some cryptocurrency analysts have already been calling for the FLSK token to reach $1.80 by the end of the year, and in the region of $2.40 by February 2023. We highly recommend checking out this innovative upcoming cryptocurrency protocol.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

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.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net