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2022 is coming to a close, and the hits just keep on coming for the crypto industry––and perhaps none as greater thus far than the fall of FTX, the world’s second-largest crypto exchange once thought too big to fail behind its marketing push and its cabal of tech darlings supporting it. The failed bailout of FTX by Binance led to crypto prices falling.
Some top 25 mainstays, like Shiba Inu (SHIB) and Cosmos (ATOM), have fallen by more than 85% of their previous highs, making them unsuitable investments for individuals who wish to make significant gains. However, the emergence of Flasko is offering Shiba Inu (SHIB) and Cosmos (ATOM) holders an opportunity to get in on the first floor of a protocol that’s just about to skyrocket.
Shiba Inu (SHIB) Investors’ Motivation to HODL
Shiba Inu (SHIB) has received criticism for its lack of real-world utility and value. Consequently, since Shiba Inu (SHIB) is yet to partner up with other projects to create new and exciting products, analysts see Shiba Inu (SHIB) as just another also-ran that has had its day in the sun. The thrill is completely gone, and the hype train has long left the building. Once upon a time, tech figures like Elon Musk were known to be Shiba Inu (SHIB) backers, but it appears they had already quit on the token a long time ago.
It’s better to invest in tokens with significant potential rather than betting on meme coins coming back in vogue, like Flasko.
Cosmos (ATOM) Holders Following Suit
Cosmos (ATOM) investors were crestfallen after having failed to break through the $20 threshold, with Cosmos (ATOM) token prices sitting at $10.33 right now. While some pundis still predict a turnaround for Cosmos (ATOM), considering its value in trying to create “the internet of blockchains.”
Since interoperability is the future of distributed ledger technology, Cosmos (ATOM) may yet have another big run. But Cosmos (ATOM) investors take note: it will take a long time before this translates into high Cosmos (ATOM) token prices. Cosmos (ATOM) is trading 76% below its peak of $44.70.
Flasko (FLSK) Lauded for Highly Successful Presale Launch
Alternative investments are the next big thing in crypto. And Flasko is bringing it to the world with its platform supporting the rising $1.4 trillion-worth rare wines, champagnes, and whiskeys asset class. Flasko is designing a protocol to combine this highly liquid asset class with NFT technology. Flasko enables investors to buy fractionalized NFTs representing real casks and bottles of the finest investment-grade whiskeys, wines, and champagnes.
Presale investors can buy Flasko tokens at $0.099, while getting early access and discounts to new luxury beverages launched by Flasko partners.
More importantly, Flasko has taken significant steps to protect investor funds by successfully passing a full audit from German audit firm Solid Proof. Moreover, Flasko team tokens are frozen for three years, and Flasko token liquidity is locked for 33 years, ensuring the long-term viability and profitability of the platform in the coming years.
Participate in the can’t-miss presale event of the season using the following links.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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