Since mid-November, the total amount invested in cryptocurrency has dropped by almost 30%, and several of the largest cryptocurrencies have seen their value decrease as well. The overall economy has had a significant role in this decline. As expected, the Federal Reserve has indicated that it would begin tightening its stance after months of fiscal and monetary stimulus.
As investors fled riskier assets, the cryptocurrency market crashed, making popular altcoins lose their worth. In such chaos of the crypto market, Flasko is emerging as a ray of hope for big and small investors alike with highly affordable presale tokens and a potential to skyrocket sooner than you might expect!
Things Aren’t Looking Too Good For Solana (SOL)
One of the best-performing digital currencies in 2021 was Solana (SOL). It began the year as the 120th most valuable cryptocurrency by market cap. It ended as the 5th most valuable cryptocurrency, surpassing industry giants such as Cardano (ADA) and Polkadot (DOT).
However, Solana (SOL)’s quick expansion has not been problem-free. Over the last six months, the ecosystem that supports over a thousand projects has experienced many outages. In September, the Solana (SOL) network was down for 17 hours, making it the worst incident since the release of Solana (SOL).
While some may simply attribute this to the network’s infancy, others may worry that the network is prioritizing speed at the expense of security. Investors have become wary of the Solana (SOL) token since it has not had nearly the amount of use time as other, more mature smart contract cryptocurrencies. This is why Solana (SOL) investors are diverting their attention to presale Flasko as their primary investment.
Investors Lost Hope In Polygon (MATIC)
Polygon (MATIC) is the first Ethereum-based project to provide a workaround for Ethereum’s scalability problems. Polygon (MATIC) provides a menu of blockchain options. It will lead to blockchain networks that are less efficient overall but which are stable even when running at maximum capacity.
Polygon (MATIC) was negatively impacted by the current bad market. The cost of Polygon (MATIC) dropped drastically from a high of $2.54, and currently, it sits at $0.85. Polygon (MATIC) investors are losing faith despite the creator’s efforts to revive.
Flasko (FLSK) Stealing The Spotlight
Flasko has been the talk of the town since major cryptos, like Solana (SOL) and Polygon (MATIC), have taken a massive hit. Flasko seems a more promising investment to crypto experts mainly because Flasko investments will be fractionalized NFTs backed by physical assets of expensive wines, whiskeys, and champagnes.
With Flasko’s presale token costing only $0.065 currently, crypto experts predict a rise of 2,500% in value in early 2023, making Flasko one of the fastest-growing cryptocurrencies of 2023.
Moreover, Solid Proof has successfully audited Flasko, and liquidity is locked for 33 years, ensuring there is no rug-pull. Considering all of the above, we believe Flasko could be one of the best investments in 2022 and going into 2023.
Definitely check out Flasko below:
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