The cryptocurrency market has been thrown for a loop this year. With almost all currency prices going down 90% and the recent bankruptcies of FTX and BlockFi, finding an excellent place to put your money is tricky. Even prominent coins like Chain (XCN) and Chiliz (CHZ) are showing red charts, but our analysts have found a perfect alternative – Flasko!
Let’s see what Flasko offers and why it may be the best investment in 2023!
Chiliz (CHZ) Loses Bullish Momentum
The Chiliz (CHZ) network, which enables sports clubs to issue supporter coins, has shed its positive line, which the bears appear to be exploiting. Chiliz (CHZ) is used by sports enthusiasts to promote various content for specific teams and nations but has fallen over the past week.
The Chiliz (CHZ) downfall started long before the World Cup kicked off. The current price of Chiliz (CHZ) is $0.1652, down nearly 9% in the last week and a 27% fall in just 30 days. This downward trend is bound to continue, and Chiliz (CHZ) holders are leaving.
Chain (XCN) Price Sinks Even Lower
Developers created the Chain Protocol to support Web3 and a variety of goods. The Chain Protocol’s management coin, known as Chain (XCN), allows users to vote on system updates and different community-run initiatives. Tools from Chain (XCN) are easier to set up and maintain a public blockchain.
Unfortunately, the hype for Chain (XCN) is long gone. Chain (XCN) is currently worth $0.0404, a 76% fall from its peak of $0.17. And with the fact that Chain (XCN) has been showing red charts for over a month, we believe investing in this coin is not a wise idea.
Flasko (FLSK) Set To Revolutionize The NFT Sector
The Flasko presale is the talk of the town at the moment, but why? Flasko will create the first (and best) alternative-investment platform merging the appreciating whiskey, wine, and champagne industry with NFTs.
And with an average of 28% yearly returns, this combination is bound to yield long-term profits! Flasko hopes to accomplish this by minting fractionalized NFTs with the actual real-world bottle of luxurious whiskey, fine wine, and rare champagne supporting it.
To show their long-term commitment to the project, the Flasko team will lock liquidity for 33 years while freezing team tokens for three years. Taking it a step further, Solid Proof has also completed an audit of Flasko, which is always a plus!
The Flasko presale is relatively young but has already reached Stage Two with aspirations to launch on Uniswap soon. With the presale price being only $0.099, this is the perfect time to buy into a coin that is predicted to reach $4 by May 2023!
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