2022 has been quite unfavorable for many cryptocurrency investors. Many traders have lost their investments even when investing in famed crypto projects. Shiba Inu (SHIB) and Solana (SOL) had a good start since their inception but were still affected by the general bearish market trend.
This resulted in a shift of investors’ focus to new alternative investments like Flasko, which analysts predict to perform over 4,000% by next year, providing enormous gains for investors.
Shiba Inu (SHIB) Is A Meme Coin On A Continuous Freefall
Also known as the Dogecoin (DOGE) killer, Shiba Inu’s (SHIB) price soared during the speculative market demand of 2021. But this changed in 2022, as Shiba Inu (SHIB) didn’t enjoy the same fanfare as last year. As a result, Shiba Inu (SHIB) fell from the top ten popular cryptocurrencies based on market capitalization in the previous months and now ranks 15th by the same metric. Even with its massive bull run during the last year, Shiba Inu’s (SHIB) price value has dropped by about 80%.
The fall in the price of Shiba Inu (SHIB) can be attributed to the bearish general market trend, which has pushed the coin lower. In the last 24 hours, Shiba Inu (SHIB) had a price change of -1.16%, which resulted in a current price of $0.0000099. Shiba Inu (SHIB) has also found it difficult to be stable in the past 90 days as it remains affected by the general market volatility. This has left investors in Shiba Inu (SHIB) seeking alternatives in Flasko presale.
Solana (SOL) Holders Keen On Flasko Presale
Within the past week, Solana (SOL) declined by 7.63% even though it ranks as one of the top ten most popular cryptocurrencies based on market capitalization. Solana (SOL) has been on a steady bearish trend for the last 90 days due to the general bearish market sentiments.
Ultimately, the increase in investors selling their Solana (SOL) assets can be linked to unfavorable market sentiment and other variables. From its all-time high of $260.06, Solana (SOL) is now priced at $27.91. Most analysts aren’t sure how high Solana (SOL) can go when the next bull circle begins. This is why Solana (SOL) investors are looking to Flasko presale, which promises more than 40x the initial investment.
Flasko (FLSK) Price Steadily Climbs Amidst Bearish Market Sentiments
Flasko will be the first and new investment allowing investors to invest in minted and fractionalized NFTs backed by rare wines, premium champagnes, and high-end whiskeys. This allows Flasko investors to get a share of the trillion-dollar wine and champagne market, which is known to grow in value continuously.
Irrespective of the current market conditions, crypto analysts predict Flasko will outperform most cryptocurrencies in 2023 and beyond. From an initial price of $0.015 to its current price of $0.065 in its second phase, the growth of Flasko can be seen by investors.
Flasko is doubtlessly one of the top alternative investments to consider if you want a cryptocurrency with the potential to provide substantial gains. You can use the links below to understand the project and participate in its presale.
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