With the latest dip in the cryptocurrency market, the 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.
Shiba Inu (SHIB) – Will it see a rise in transactions anytime soon?
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) investors looking to shift to other currencies
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”.
As per analysts’ predictions, the value of dogecoin may fluctuate widely in the coming days. 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) on the road to success
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 by more than 9,500% by the middle of 2023.
As more FLSK tokens are sold, the presale price will rise from its current level of $0.025. The currency’s liquidity is being locked for 33 years, the team is unable to sell any of their tokens for the first two years, and having passed its audit with Solidproof all these points lead to making Flasko a safe investment.
Please check the links below to learn more about Flasko (FLSK):
Website | Presale | Telegram | Twitter
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