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The price of Tron (TRX) has dropped significantly during this bear market, but the cryptocurrency has had a rocky history even before. Investors anticipating renewed crypto market momentum in the new year will not find this encouraging. TRON (TRX) and Dash (DASH), once perceived as amazing cryptocurrencies to invest in, are not reliable for increasing value anymore.
Alternatively, Flasko (FLSK), a fairly new protocol for liquor NFT trading, is considered to dominate TRON (TRX) and Dash (DASH) in 2023. Here’s why:
Tron (TRX) To Follow Terra (Luna) As It Stays Stable Artificially
Another stable currency threatened to replicate the narrative that unfolded a month ago when Terra (LUNA) lost its peg to the US dollar and devastated global crypto markets. However, prudent planning seems to have prevented the catastrophe for the time being.
The newly established algorithmic stablecoin USDD on the Tron (TRX) blockchain subsequently lost its peg to the US dollar, causing the price of the Tron (TRX) coin to drop to approximately $0.045. Over USD 2 billion has been added to the Tron (TRX) reserve by TRON DAO to keep the Tron (TRX) price stable against the USD Dollar. For how long Tron (TRX) ‘s stability will last? Only time will tell.
DASH (DASH) is surviving on external support
DASH (DASH) currently relies on donations from external sources to stay afloat, similar to Tron (TRX). Coinbase Pro. will soon support the Dash (DASH) cryptocurrency before the start of full trading; the professional trading platform will take Dash (DASH) deposits. NovaDAX, a Brazilian cryptocurrency exchange, and PumaPay, a cryptocurrency payments merchant solution, have announced their support for Dash (DASH).
The level of $95.4264, once supporting the DASH/USD pair but now acting as a barrier to buyers, is being aggressively defended by sellers. If the price moves above the average, we may expect a good trend and a rebound to $162 and above $188.5598 Dash (DASH). Since it’s pushed artificially, there’s not much chance that Dash (DASH) will reach its original level as it was during its peak.
Flasko (FLSK): Bringing the alternative-investments industry to the cryptocurrency space
Flasko is creating a platform whereby NFTs are backed by real-world classic wines, champagnes, and whiskeys, where cryptocurrency investors may buy and sell non-fungible tokens (NFTs) representing investments in rare, expensive alcoholic beverages.
Presale investors will receive benefits such as 100% off platform fees, as well as first-access to alcoholic beverages and discounts from Flasko’s partners from around the world. Experts indicate that Flasko is set to dominate Tron (TRX) and Dash (DASH) as early as the beginning of 2023.
Currently priced at just $0.025, experts predict it could increase by around 300% in the next couple of months. Check out these links to learn more about Flasko (FLSK):
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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