Recent changes in the crypto space have shown that bears may be brutal to initiatives that lack the resolve to step up to the plate. Cryptocurrencies that are built to last have flourished during the recent market slump. And those who have not are crashing and burning.
Two of these are Shiba Inu (SHIB) and Chainlink (LINK), which have fallen in price drastically over the last few months. And while these coins suffer, investors see the light at the end of the tunnel.
Early project investment frequently results in significant returns. This is why the crypto project currently in presale, Flasko, has caught the eye of so many people.
Although Shiba Inu (SHIB) shows promise, it will always be viewed as a risky and unappreciated business, a meme currency. The meme token market has many “whales” which might lower the price by purchasing millions of coins. Shiba Inu (SHIB) has increased its utility over time to elevate its meme status, but it is still not a viable cryptocurrency with many real-world use cases.
Investors in Shiba Inu (SHIB) anticipated significant profits on their investments for 2022. Shiba Inu (SHIB) had an all-time high in October 2021 of $0.00008845, but since then, the price has fallen 87% to its current level of $0.00001123.
A blockchain-based platform called Chainlink (LINK) enables globally interconnected smart contracts. The team developed the platform to protect data and information outside the blockchain for smart contracts. Different blockchain networks can connect to external data sources, occasions, and payment methods via Chainlink (LINK).
Using coin market capitalization to its advantage, Chainlink (LINK) is among the top 25 digital currencies. The hype behind Chainlink (LINK) helped it reach its all-time high of $52. Since then, it has fallen off dramatically and is now priced at $7.64.
Through non-fungible tokens (NFT), Flasko hopes to promote participation in the cryptocurrency and alternative finance sectors by creating a platform for rare, expensive, and vintage champagnes, wines, and whiskeys with strong price history.
Furthermore, it will collaborate with luxury beverage start-ups to assist them in leveraging their goods, and investors will have access to the newest items first and receive discounts.
Crypto experts are intrigued about Flasko because of its novel business model of providing a cushion for crypto traders in a volatile market where values are constantly rising.
The enthusiasm is intense as Flasko conducts its presale. The value of Flasko tokens is currently $0.05, and everything is proceeding as planned for the groundbreaking investment protocol. According to crypto analysts, the Flasko price might reach $4 in 2023.
You can use the links below to learn more about participating in the presale for this brand-new business.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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