Experts in the cryptocurrency market predict that when the value of ApeCoin (APE) and Binance Coin (BNB) declines, they will be replaced by other, more promising initiatives like Flasko. Since Flasko is backed by physical assets that the investor can get delivered once purchasing the NFT, it’s understood that an investment backed by real-life products has more stability than digital-only cryptos.
ApeCoin (APE) Loses Favor With Investors
ApeCoin (APE) has already plummeted 81% from its all-time high of $39 to its current price of $5.09. This is why investors in ApeCoin (APE) are looking for a substitute token with a niche use. There has been a lot of talk about Flasko lately, and some investors are beginning to trade their ApeCoin (APE) for Flasko.
It’s easy to see why ApeCoin (APE) holders are hedging their bets and putting their money into niche players like Flasko. A gloomy future awaits ApeCoin (APE) as 2023 approaches.
Binance Coin (BNB)’s Time Is Up
From January to May 2021, Binance Coin (BNB) appreciated by 1,760%, from $37 to $692. However, as is typical in the cryptocurrency market, the coin saw a 69% fall two weeks later. Even if total cryptocurrency market capitalization reached a milestone of $3 trillion in November, Binance Coin (BNB) could not generate another all-time high during that month.
Binance Coin (BNB) investors have every reason to wonder whether the price of $465 is sustainable since it is 33% lower than its all-time high. Especially considering that not very long ago, investors had to pay up to 3% each week to maintain short positions in futures markets in the hopes of betting on a price decline of Binance Coin (BNB). Many Binance Coin (BNB) investors have already started looking for alternate investments, and Flasko seems to be the most promising replacement.
All Eyes On Flasko (FLSK)
Flasko is an upcoming crypto/NFT platform that will allow investors to invest their money in rare and expensive wines, champagnes, and whiskeys as fractionalized NFTs. To avoid the possibility of a “rug pull,” the initiative will lock liquidity for 33 years.
FLSK is the native token of the Flasko platform, and it is the currency that users will use to purchase and sell NFTs. Investors have already started investing by the thousands as Flasko enters its second presale stage.
Flasko’s current price is $0.065 per presale token, and experts predict a rise of 3,450% by January 2023, making it one of the fastest-growing cryptocurrencies of 2023.
Check out the links below to learn more:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Post fetched from this article