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It isn’t an easy task to invest in the crypto industry especially given the adverse market conditions it has been subject to over the past year. But hope springs eternal in crypto. Aave (AAVE) and Elrond (EGLD) are examples of cryptocurrencies that have gone on to make epic runs in the past year, much to the delight of early investors. But since then, both cryptos have struggled mightily. In 2023, we may see Aave (AAVE) and Elrond (EGLD) recover. But other options like Flasko are much more desirable for investors seeking to make a serious profit in 2023. Let’s find out why.
Aave (AAVE) Returns to ATH Levels Highly Unlikely in 2023
Aave (AAVE) is a blockchain protocol enabling borrowing and lending operations on the Ethereum blockchain. Lenders on Aave (AAVE) can earn interest from liquidity, while borrowers can use their crypto as loan collateral for tokens supported by the Aave (AAVE) lending platform. Aave (AAVE) was launched in response to the growing demand for a decentralized lending platform in the DeFi markets.
Aave (AAVE) most notably ran to an all-time high of $662 per Aave (AAVE) token, but today, the token trades at 91% below its ATH levels at $62. Investors hoping for an Aave (AAVE) bounce in 2023 might be wishful thinking. There’s no way Aave (AAVE) sniffs anywhere close to its ATH levels anytime soon.
Elrond (EGLD): Worth a Look in 2023?
Elrond (EGLD) is a fast-growing blockchain protocol launched in 2018. Elrond (EGLD) features a smart contract platform that offers fast, secure, and low-cost transactions. Elrond (EGLD) can purportedly process up to 15,000 transactions per second. It is on this basis that Elrond (EGLD) rose exponentially in prominence and value in 2021, hitting $545 per Elrond (EGLD) token.
However, today, Elrond (EGLD) is trading 92% below its ATH. Technical analysts believe that Elrond (EGLD) is more suited to making short-term rallies rather than long-term profit at this game stage.
Flasko (FLSK): Presale Phase Two Ongoing
In 2022, the only way to make real progress in cryptocurrency is to find projects with the potential for long-term viability and real-world use. Alternative investments platform Flasko has both in spades. Flasko will introduce the trillion-dollar rare wines, whiskeys, and champagne industry to crypto enthusiasts worldwide.
Flasko will create the first alternative-investment platform where users can buy, sell, and trade fractionalized NFTs represented by constantly appreciating rare bottles of luxury wines and rare whiskeys.
Premium beverage start-ups can also take advantage of the Flasko Launchpad to launch new products and open them up to new captive audiences. Flasko users will benefit from exclusive access and massive deals on said products.
Flasko is built for long-term success. With a fully-passed audit from Solid Proof and 33 years’ worth of locked platform liquidity, Flasko’s fundamentals and tokenomics are safe, and so are your funds. Currently, Flasko is available for $0.111 per token. Considering crypto analysts predict Flasko can rise to $5 in 2023, you should reserve your place at the Flasko presale.
Join Flasko by following the links below.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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