In November of last year, the market value of all digital assets, including cryptocurrencies, reached $3 trillion. In 2022, many common people made double-digit, if not triple-digit, returns on their investments.
But since then, many cryptocurrencies have seen losses. Because no one is quite confident of the development trajectory for presale tokens, newcomers like Flasko frequently garner more attention than more established crypto coins.
Bitcoin Cash (BCH) stagnates in the bear market
Bitcoin Cash (BCH) doesn’t need a central bank or trusted third parties since it is a permissionless, decentralized cryptocurrency. Unlike conventional fiat money, Bitcoin Cash (BCH) does not rely on monetary intermediaries like banks and payment processors. Governments or other centralized organizations cannot censor transactions. Because financial intermediaries have no authority over the Bitcoin Cash (BCH) network, money cannot be frozen or confiscated.
However, investors have lost faith in this alternative to Bitcoin (BTC) after its recent price drop. The coin is worth $115 at the time of this writing, which is a 97% fall from its all-time high of $4,355.
Quant (QNT) is not increasing as anticipated
With a June 2018 debut, Quant (QNT) set out to link networks and blockchains worldwide while maintaining the network’s effectiveness and compatibility. Developing the first blockchain operating system is the first initiative to address the interoperability issue.
Quant’s primary goal is to close the gap between various blockchains by utilizing Overledger. The Overledger network, which Quant (QNT) describes as the ecosystem on which the future ecosystem of the digital economy would be created, serves as the project’s skeleton.
Unfortunately, this cryptocurrency also sank into the bear market. At this point, it is priced at $133. It needs to rise 300% to reach its all-time high, which is highly unlikely.
Flasko (FLSK) is anticipated to take over in 2023
Investors have been drawn to Flasko’s innovative idea, which is creating an alternative investing platform where users are given the opportunity to invest in rare bottles and casks of whiskey, luxury bottles and casks of wines, and vintage bottles of champagne. Users will also have the opportunity to purchase a whole investment and Flasko will deliver the investment to the buyer’s destination of choice.
The developers have already had the smart contract audit with Solid Proof and secured liquidity for the near future. A sizable number of tokens were successfully sold in the first few hours of the sale-out.
Cryptocurrency analysts have predicted that the Flasko token could rise from its current price of $0.04 to $1.20 by the end of 2022. We certainly believe it is an excellent opportunity to get into a project early, this is often where significant profits are found.
Website URL: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
Disclaimer: All information from this press release was provided to Coin Edition by a third party. This website does not endorse, is not liable for, and does not hold control over this content. Coin Edition, this website, directors, officers, and employees are not directly or indirectly responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
