Shrewd investors will tell inexperienced or beginner investors that the cryptocurrency market is highly unpredictable and volatile. Many who have tried to outwit the market have failed and lost their investment capital. However, you can get a lot of insight by watching and learning from trends.
You can also look at the fundamentals of a cryptocurrency to determine its validity. Because of this, analysts have researched three cryptocurrencies, Wrapped Bitcoin (WBTC), LEO Token (LEO), and Flasko, which investors can invest in, but analysts predict Flasko to surge in the short term.
Wrapped Bitcoin (WBTC) Price Fluctuates As The Market Show Signs Of Recovery
Wrapped Bitcoin (WBTC) is a unique token that brings Bitcoin (BTC) to the Ethereum blockchain. Wrapped Bitcoin (WBTC) gives dApps, institutions, and traders a bridge to Ethereum’s network and maintains bitcoin exposure. Furthermore, it aims to combine Ethereum’s programmability and Bitcoin’s (BTC) price value.
As seen on Binance, Wrapped Bitcoin (WBTC) currently costs $20,268 and is ranked #18 by market capitalization. Wrapped Bitcoin (WBTC) has a total market capitalization of 4.98 billion. Over the last day, Wrapped Bitcoin (WBTC) decreased by 0.63%.
Like most cryptocurrencies, Wrapped Bitcoin (WBTC) is having a hard time. In the past seven days, Wrapped Bitcoin (WBTC) has been down by 1.55% and still shows some risk segments. Though Wrapped Bitcoin (WBTC) has some solid fundamentals, analysts predict that it might be the best investment for the short term since there is the possibility of an uptrend.
LEO Token (LEO) Is Looking To Increase In Price In The Long Term
Data from Coingecko shows the currency price of LEO Token (LEO) is $4.75 and is currently ranked #22 in the entire cryptocurrency space. It has a total circulation supply of 933.5 million and a market cap of $4.43 billion. The daily chart shows LEO Token (LEO) has a 1.5% price increase to stay at its current price.
Over the past seven days, LEO Token (LEO) has shown good progressive growth, with investors harvesting some profits. When compared with the price in the last 30 days, we can see that there was also a tremendous price increase in value. With this recorded price increase, LEO Token (LEO) stands as a good coin for every investor to add to their portfolio for the long term.
Flasko (FLSK) Is Predicted To Rank Among The Top Cryptocurrencies
Flasko, as a new alternative investment cryptocurrency, has had massive fanfare in the cryptocurrency space. Flasko is the first alternative investment to allow users to trade in fractionalized and minted NFTs, backed by rare wines, luxury whiskeys, and fine champagnes.
Investors hope for huge returns since it has successfully passed its Solid Proof audit and will be locking its liquidity for 33 years. Therefore, investing early in a project like Flasko would yield bountiful returns.
Though Bitcoin (BTC) could see some positive price action and create returns for investors, we believe it would be worthwhile to look at other cryptocurrencies like Flasko, which is predicted to be a future blue-chip cryptocurrency. Flasko is currently in its presale for only $0.077, and investors think now is an excellent time to buy into the project.
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