Market volatility and unpredictability are well-known attributes of cryptocurrency. While highs and lows are expected, the bear season experienced this year shocked many investors. According to market analysts, coins like Polkadot (DOT) and UNUS SED LEO (LEO) might continue bearing for a while longer, so it is only wise to jump ship and restrategize your portfolio as an investor.
Looking over the shoulders of the bear market, the sun seems to be rising in a new alternative-investment cryptocurrency, Flasko, that is gathering momentum as it is set to begin its bullish run. Its liquidity will be locked for 33 years. And by passing the Solid Proof, investors are confident about their investment in this new cryptocurrency.
Polkadot (DOT) Has Continued To Decline Over The Past Few Days
A few months ago, this open-source blockchain utility token, Polkadot (DOT), was on a full-swing rise in the market. But, as expected, the 2022 crash took its turn on it and has since fallen far from its all-time high trading price of $55 by 88.47%. Some Polkadot (DOT) users are hoping for a possible rise in their portfolios as a token that enables data and communication sharing between blockchain and decentralized applications.
For shrewd investors critically watching the market, Polkadot (DOT) has seen a consistent decline over the past few days, and it’s currently down by 2.58% over the last 24 hours. Trading at $6.18 today, the ranking of Polkadot (DOT) continues to move disastrously for the token. Due to this, investors are opting out of the token for better coins like Flasko, with high growth potential.
UNUS SED LEO (LEO) Will Experience A Storm Before The Sun Rises
The UNUS SED LEO (LEO) is the native cryptocurrency for Bitfinex, a crypto exchange platform. Although 2022 was a disaster for many top coins like Bitcoin (BTC), UNUS SED LEO (LEO) managed to mitigate its decline in the market by losing only 4% in May. Due to this, some analysts believe UNUS SED LEO (LEO) to be a hedge that others could follow to prevent future crashes.
However, as promising as it might seem for UNUS SED LEO (LEO), the current trade state at $4.12 of this coin will see it get worse before it becomes a worthy investment. UNUS SED LEO (LEO) investors should be ready to see their portfolios with a possible decline as a short-term investment, but positivity is in sight for long-term runners. For investors not wanting to gamble their portfolio, alternative spiking coins like Flasko will be the better option.
Flasko (FLSK): A Bright Future Ahead For Early Investors
As the crypto market tries to recover from the crash, future coins, like Flasko, have already started showing off a solid foundation. Flasko will be an innovative investment platform that will allow its users to trade and invest in rare vintage wines, whiskeys, and champagnes, whilst investors will benefit from discounts and first access to new products.
Flasko presales price surged from a trade of $0.015 to $0.05, and it is suspected to rise 150x higher by the end of Q2 2023. This crypto will be the first cryptocurrency investment with a dedicated fractionalized NFT investment and trade platform, allowing a trillion-dollar wine, whiskey, and champagne company to be invested. News line shows that Polkadot (DOT) users and analysts see the potential and are decamping to the Flasko coin, which will be making millionaires out of users by 2023.
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