At a time when the economy is facing a disastrous situation, cryptocurrencies have proven to be a widespread investment.
Many investors have started moving to cryptocurrencies with aim of generating gains from crypto investments as they continue facing losses in other investments.
As the demand for cryptocurrencies has risen, new crypto is being launched on a daily basis. Therefore, it is quite difficult to establish which cryptocurrency is to perform well in the market.
At the moment, Shiba Inu (SHIB), Solana (SOL), and Flasko (FLSK) are considered highly promising. Many investors expect these cryptocurrencies to be highly lucrative but the reality can be much different.
Before investing in any cryptocurrency, it is important to look at its utility and future. Therefore, it is important to look at the performance of SHIB, SOL, FLSK, and see how their performance would turn out.
Shiba Inu and its Investors Want in on Flasko
Shiba Inu had been one of the top-performing cryptocurrencies in the year 2021. The meme coin had performed really well and helped people make millions of dollars in gains.
Unfortunately, Shiba Inu did not turn out to be a fair investment as its value has plummeted 87% from its all-time high.
The reason behind Shiba Inu’s demise is the lack of adoption in the real world. It has no utility to offer in real-time, meaning it has no future at all. Therefore, it is unsafe to invest in SHIB so the investors are moving to Flasko (FLSK).
Solana (SOL) Investors also wish to go for Flasko
Solana emerged as one of the most promising tokens in the cryptocurrency industry. The best advantage of Solana is that it offers high scalability to the users.
The blockchain network also lets developers create and deploy DApps in multiple languages. Over the course of time, Solana has gained huge popularity and adoption but things are looking bad for SOL in 2022.
This is because the network has been plagued with multiple outages and so far in 2022, it has suffered 8 outages.
It is a matter of concern for the investors and for the developers as well who are now finding other platforms to invest money.
For the investors of SOL tired of its constant outages, FLSK is proving to be a good choice as it is promising for the investors seeking gains in near future.
Flasko to Target a Unique Market
Flasko is emerging as an investment protocol that is going to target the premium champagne, rare whiskey, and luxury wine market.
The cryptocurrency has also become a highly anticipated protocol in the market with investors wanting to participate in its pre-sale.
It is expected to be a highly profitable cryptocurrency that may get launched in the year 2023 with a starting price of $3.50.