Solana (SOL) and Ethereum (ETH) Looking to Trend Downwards; Flasko (FLSK) Close to Peaking
Solana (SOL) and Ethereum (ETH) are examples of cryptocurrencies that have gone on meteoric runs thanks to the strength of their utility and their viability. However, not even Solana (ETH) and Ethereum (ETH) were unscathed by the freezing crypto winter which has gone on for almost all year. However, there are still diamonds in the rough – particularly in presale tokens with utility and long-term viability – one of which is Flasko.
Flasko is a new blockchain protocol aiming to build the first alternative investment protocol for the rare wines, whiskeys, and champagnes asset class, which account for a tenth of the $13.4 trillion alternative investments segment. Let’s take a closer look at all three cryptos in this article.
Solana (SOL) Is On a Downward Spiral of Doom
12 months ago today, Solana (SOL) was flying high – with presale and early buyers reaping the benefits as Solana (SOL) token prices were at their all-time high of $260 per unit. However, 12 months to the day you’re reading this, and Solana (SOL) prices have fallen through the roof – which is now trading at $16, or 94% down its ATH levels. Quite the fall.
Rumors of the Solana (SOL) ecosystem experiencing fallout from the sensational collapse of FTX and Sam Bankman-Fried make buying the Solana (SOL) dip a very risky proposition – tread lightly if you plan to do so.
Ethereum (ETH) Losing Post-Merge Momentum
Ethereum (ETH) is known for being the premier smart contract platform – specifically, the first – which has led to its astronomical rise in price and prominence as the cryptocurrency second only to Bitcoin. However, despite the “Merge,” or the Ethereum (ETH) network’s transition to a proof-of-stake consensus mechanism, its daily active address count has fallen by 500,000 – meaning activity on the Ethereum (ETH) and the number of active wallets sending and receiving it has fallen drastically.
That has set off some warning signs about Ethereum (ETH) token prices before the year ends, especially given the inflation-related macro risks that surround Ethereum (ETH) in this very moment.
Flasko (FLSK) Is Tipped to Moon in 2023
Flasko is bringing the lucrative world of alternative investments to a whole new audience. Alternative investments are known for being excellent hedges against inflation considering they have little to do with traditional financial instruments – and Flasko is enabling users to invest in expensive wines, rare whiskeys, and premium champagnes through NFTs, which can also be redeemed in exchange for the real, physical bottles that said NFTs represent.
Flasko is launching its presale with each Flasko token being priced at $0.077 – a fantastic opportunity to get into a promising project loaded with full potential. And get this: Flasko gives its presale buyers an extra layer of security by locking platform liquidity for over three decades, while passing a full audit from Solid Proof.
As of this writing, Flasko has over 10,000 investors expressing their interest in participating in its presale, making it one of the most exciting presale events of the year. With crypto experts predicting Flasko making a run to $3.50 by the end of 2023, we can definitely see why.
Book a seat to one of the most anticipated presales of the year.
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