There are currently over 20,000 available cryptocurrencies in the market for investors to choose from. Some of these cryptocurrencies are good for investment, while the others, not so much. In the winter of 2022, many more cryptocurrencies with good prospects have downturned since the general market bias is bearish. Included are Chainlink (LINK) and Monero (XMR), which initially had the potential for enormous returns for investors but could not deliver excellent opportunities and returns.
Getting a good investment requires research and time, and if you want to make an excellent investment, you must ensure that the cryptocurrency offers a solid unity and use-case. For this reason, crypto analysts believe that new cryptocurrencies like Flasko would be excellent investments.
Chainlink (LINK): possible investment profits in the future
Chainlink (LINK) as a decentralized oracle network allows blockchain-based smart contracts access to live data. Smart contracts on the Chainlink (LINK) blockchain exist as a pre-written agreement that is automatically executed after a data analysis when specific criteria are met.
Several blockchain networks have included Chainlink (LINK) in their chain data projects, and the token’s value has increased. Chainlink (LINK) allows blockchain to use and connect existing data; therefore, the ability of Chainlink (LINK) to enable a transfer of external data into existing blockchain networks is essential.
At the time of writing, Chainlink (LINK) currently has a price of $7.28 after a decline of 23.06% in the last 30 days. However, some analysts still predict that Chainlink (LINK) might have possible profits in the future.
Monero (XMR): a valuable privacy cryptocurrency
Monero (XMR), as a decentralized platform, focuses on privacy by ensuring confidentiality and anonymity. Monero (XMR) allows transaction data and amounts to be confidential by hiding the user’s addresses. With this, Monero (XMR) significantly reduces privacy concerns, removing such issues that people might have.
Since Monero (XMR) addresses a significant problem of privacy-based blockchains that people have, cryptocurrency analysts and investors predict that Monero’s (XMR) value might likely soar in the near future. At the time of writing, Monero (XMR) had dipped by 9.4% in the last 30 days with a currency trading value of $144.78.
Flasko (FLSK): revolutionary cryptocurrency with huge potential
Flasko, as a revolutionary cryptocurrency, will let investors invest in fractional NFTs backed by real-life investments in the form of luxury and rare whiskey, wine, and champagne. With Flasko’s unique use case and utility, investors believe it has vast potential compared to Chainlink (LINK) and Monero (XMR).
With an audit passed by Solid proof, Flasko will lock its liquidity for the next 33 years, which makes it a very reliable long-term investment. This has made Flasko an alternative investment project that will be Blue Chip crypto based on its innovative concepts.
Flasko presale is currently taking place with a price of only $0.05, and it has seen tremendous success, with investors rushing to buy into the presale. Flasko value is expected to increase in the remaining months of 2022 and till 2023. With these, this would be the best time to invest in Flasko as an alternative investment with a huge potential that will result in huge profits.
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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