The value of almost all cryptocurrencies fell over 90% during the most recent bear market. Solana (SOL) and VeChain (VET) are not immune to this trend. Investors are beginning to change their investment philosophies as both coins exhibit a red pattern.
Investors are searching for creative, cutting-edge currencies that can generate sizable gains in the coming days; one such coin is Flasko.
The VeChain (VET) program aims to motivate a collection of computers to host a system that allows companies to create and use decentralized applications. VeChain (VET) is primarily powered by its native token, which users may use for paying, transferring, or holding.
In its early days, VeChain (VET) garnered a lot of attention but only reached a $0.267737 all-time high. This price did not live up to expectations, and it’s all been going downhill. VeChain (VET) is currently worth $0.0232, and holders are looking for a way out.
Dissatisfied VeChain (VET) investors have started branching out and looking at new projects with more room for growth. One such project is Flasko.
Considerable acclaim has been given to the Solana (SOL) network’s durability, effectiveness, and speed. Solana (SOL) ranked fifth in the top 10 coins per market cap at one point. This is also reflected in its price, reaching its peak of $260.06 in 2021.
But the bear market ravaged the crypto sector in 2022, and Solana (SOL) was not immune. Solana (SOL), which has a price of $23.46, has lost its spot in the top 10 coin lists and is now eleventh.
Even though Solana (SOL) might have some favorable price changes soon, we think focusing on alternatives with greater room for expansion would be safer. Alternatives like Flasko.
Crypto experts predict that the value of Flasko will increase by up to 4,000% in 2023 alone. Let’s examine why they would have predicted that, even though it seems too good to be true.
Flasko is developing an alternative-investment platform that merges the trillion-dollar rare wine, champagne, and whiskey sector with NFTs. This project has the potential to generate enormous returns, particularly for early investors.
Users can invest into NFTs fully supported and backed by vintage and appreciating champagnes, whiskeys, and wine on the Flasko platform. With an annual 28% return on investments, entry into the wine, whiskey, and champagne industry is bound to bring investors substantial profits.
High-end exotic beverage companies will work with Flasko to promote their goods to the Flasko audience to increase sales. Early investors will get first dibs on the items that Flasko will promote with their real-world partners, as well as discounts! This will enable the business to connect with a target market they might not be able to.
With such rewards, it is easy to see why Flasko is expected to increase in price over the next year. And with a current price of just $0.085, now is the perfect time to invest in a potential blue-chip cryptocurrency.
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