The post Flasko (FLSK) Rises As Cosmos (ATOM) And FTX Token (FTT) Run Into Trouble appeared first on Coinpedia Fintech News
Investments are in the red as the cryptocurrency market crashes badly in 2022, burning investors who purchased in at the peak of the bull run last year.
Since late 2021, the market capitalization of the cryptocurrency sector has decreased by over $2 billion. As a result, many cryptocurrency projects have had their prices wiped out by 70% to 100%, with some well-established projects even losing everything. Established cryptocurrencies like FTX Token (FTT) and Cosmos (ATOM) weren’t exempt from this collapse.
However, Flasko is one of the jewels that may be found in the cryptocurrency world even during “crypto winters.”
Cosmos (ATOM) Keeps Going A Downward Line
After failing to cross the $20 barrier mark, cryptocurrency analysts anticipate a significant reversal for Cosmos (ATOM). Cosmos (ATOM) is a well-known blockchain that strongly emphasizes interoperability between blockchain platforms for investors seeking usefulness. That’s what Cosmos (ATOM) excels at.
As more and more blockchains strive toward interoperability, the Cosmos (ATOM) network has a strong chance of becoming widely adopted. However, it will take some time until the pricing of Cosmos (ATOM) tokens reflect this. Cosmos (ATOM) is 70% below its ATH of $44.70 and is now trading at $13.
FTX Token (FTT) Will Face A Difficult Time
FTX (FTT) makes it simple to survive the recent decline in cryptocurrency prices. By using leveraged tokens and industry-first derivatives, it provides consumers with cutting-edge goods.
On FTX (FTT), users may trade derivatives, including cryptocurrencies such as options and futures. This exchange also employs a leveraged token structure instead of the more typical margin trading methodology.
This allows traders to drastically enhance their profits or losses; therefore, using it first requires considerable market knowledge. This rigid entry barrier will prove crucial in the future.
The price of FTX (FTT) is currently $24, down 71% from its all-time high of $84.18. No reasons are driving FTT prices higher. Therefore, investors are looking for alternative options. Flasko (FLSK) has arrived to give investors optimism in a challenging bear market.
Flasko (FLSK) May Be Among The Greatest Investments In 2023
With the confusion regarding Cosmos (ATOM) and FTX Token (FTT), Flasko is positioned to be a better investment in 2023. Thanks to its distinct value proposition, investors can invest in the trillion-dollar luxury spirits and wine industry, where assets are continuously becoming more valuable and scarce.
Investors in Flasko have a rare chance to purchase rare wines and spirits in NFTs backed by tangible assets, such as the greatest and rarest wines in the world. Also, Flasko will even take care of having the bottles delivered to investors’ homes if a user purchases the entire investment. Imagine receiving a rare Vintage Dom Perignon 1998 champagne bottle valued at hundreds of thousands of dollars delivered to your home.
The presale for Flasko just started, offering a once-in-a-lifetime chance to buy early and enjoy parabolic returns. Flasko presale prices increased from $0.015 to $0.04, and according to cryptocurrency specialists, the tokens will reach a price range of $3 to $5 by 2023. From here, that is almost a 100-fold increase.
Website URL: https://www.flasko.io/
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