IInvestments are in the red as the cryptocurrency market crashes badly in 2022, burning up investors who bought in at the height of last year’s bull run.
Since the end of 2021, the market cap of the cryptocurrency sector has fallen by over $2 billion. As a result, the prices of many cryptocurrency projects have been wiped out by 70% to 100%, with some established projects even losing everything. Established cryptocurrencies like FTX Token (FTT) and Cosmos (ATOM) were not exempt from this collapse.
However, Flasko is one of the jewels to be found in the cryptocurrency world even during “crypto winters”.
Cosmos (ATOM) continues on a down line
After failing to breach the $20 barrier, cryptocurrency analysts are expecting a significant trend reversal for Cosmos (ATOM). Cosmos (ATOM) is a well-known blockchain that places a strong emphasis on interoperability between blockchain platforms for investors looking for utility. This is where Cosmos (ATOM) excels.
As more and more blockchains strive for interoperability, the Cosmos (ATOM) network has a good chance of becoming widespread. However, it will take some time for Cosmos (ATOM) token pricing to reflect this. Cosmos (ATOM) is down 70% from its ATH of $44.70 and is now trading at $13.
FTX Token (FTT) is facing a difficult time
FTX (FTT) makes it easy to survive the recent drop in cryptocurrency prices. Through the use of leveraged tokens and industry-first derivatives, it offers consumers cutting-edge commodities.
On FTX (FTT), users can trade derivatives, including cryptocurrencies such as options and futures. This exchange also uses a leveraged token structure instead of the more typical margin trading method.
This allows traders to drastically increase their profits or losses; Therefore, its use first requires significant knowledge of the market. This rigid barrier to entry will prove crucial going forward.
FTX (FTT) is currently priced at $24, down 71% from its all-time high of $84.18. There are no reasons driving up FTT prices. Investors are therefore looking for alternative options. Flasko (FLSK) has come to give investors optimism in a challenging bear market.
Flasko (FLSK) could be among the biggest investments in 2023
With the confusion regarding Cosmos (ATOM) and FTX Token (FTT), Flasko is positioned to be a better investment in 2023. Its strong value proposition allows investors to invest in the trillion-dollar luxury spirits and wine industry, where assets are continually becoming more valuable and scarce.
Investors in Flasko have a rare opportunity to purchase rare wines and spirits in NFTs secured by material assets, such as the best and rarest wines in the world. Moreover, Flasko even takes care of the bottles being delivered to investors’ homes if one user buys the entire investment. Imagine receiving a rare vintage Dom Perignon 1998 champagne bottle worth hundreds of thousands of dollars delivered to your door.
The presale for Flasko has just started, offers a unique opportunity to buy early and enjoy parabolic returns. Flasko pre-sale prices rose from $0.015 to $0.04, and according to cryptocurrency specialists The tokens will reach a price range of $3 to $5 by 2023. From here almost a 100-fold increase.
Website URL: https://www.flasko.io/
Pre sales: https://presale.flasko.io
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