Dreadful market conditions have obliterated the value of most cryptocurrencies in 2022. Not even the most well-known cryptocurrencies were spared from the pull of the bear market. These include cryptocurrencies like Ripple (XRP) and Gala (GALA), which have struggled mightily despite their respective support bases. However, the bear market also presents opportunities to invest in new projects that offer real-world utility, novel use cases, and massive potential for growth – Flasko is one of them. Here’s why we think Flasko will do better than Gala (GALA) and Ripple (XRP) in 2023.
Gala (GALA): turgid run continues
Gala (GALA) investors just can’t seem to get a break as Gala (GALA) token prices have continued their torrid run in 2022. Gala (GALA) is a blockchain-based crypto gaming platform that peaked amid industry hype in November 2021, where prices hit all-time highs of $0.84. However, since then, Gala (GALA) token prices have been bleeding out at an alarming pace, currently at $0.04 per token – a precipitous 95% drop in value. It’s clear that blockchain gaming protocols have seen their best days, with their target sector – video gamers – having little to no interest in playing NFT or play-to-earn games. Invest elsewhere.
Ripple (XRP): up 8% amid SEC speculation
Ripple (XRP) is one of the top cryptocurrencies by market capitalization, sitting at #6 – a testament to the token’s utility and value as a facilitator of cross-border payments and transfers. Ripple (XRP) token prices are up 8% in the last week, with Ripple (XRP) holders enjoying the fruits of a nice little pump during the ongoing crypto winter. As of this writing, Ripple (XRP) token prices are sitting at $0.51, surpassing a key price target at $0.50 amid speculation behind Ripple (XRP) Labs’ ongoing SEC suit. Thus far, the legal skirmishes between SEC are looking favorable for Ripple (XRP) – and if this happens, Ripple (XRP) investors might be in line for a pump. Don’t get your hopes up, though – with Ripple (XRP) firmly in the top 10, there’s not much room for parabolic growth.
Flasko (FLSK): alternative investment platform to skyrocket in price in 2023
The alternative investments sector, worth $13.4 trillion in value, allows investors to hedge their investments with constantly-appreciating investments in a wide array of unconventional markets. This includes the rare, luxury, vintage whiskeys, wines, and champagne sector – a sector comprising $1.4 trillion in value. Flasko is building the first alternative investment platform in the trillion-dollar luxury wines category – which is why we believe Flasko will go on a massive run in 2023. Flasko offers crypto investors an opportunity to buy and trade NFTs representing real-world assets of premium whiskeys, wines, and champagnes, with the option to have them delivered straight to their homes for their enjoyment.
It’s no surprise that crypto investors are eyeing the ongoing Flasko presale in an effort to shore up their portfolios and stay in the green despite the crypto winter. No other protocol offers a chance to invest in a platform with 33 years locked liquidity, a full audit by Solid Proof, and an opportunity to create significant gains, considering presale prices are $0.05 as of this writing. If you want to make parabolic gains, ditch Gala (GALA) and Ripple (XRP) – invest in Flasko.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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