The cryptocurrency market lost its spark at the start of 2022. The FTX cryptocurrency exchange and BlockFi, a crypto lender, have collapsed in a single month. This bearish momentum impacts the value of some popular cryptocurrency projects, like 1Inch (INCH) and Fantom (FTM).
Investors have picked up on Flasko, a new cryptocurrency with massive potential. Let’s investigate the basis behind the buzz!
1Inch (INCH) Continues Sinking
The decentralized exchange (DEX) organizer 1Inch (INCH) was developed to sort over several DEXs and identify the most profitable ones for individuals. Initial 1Inch (INCH) buyers made a ton of money. Nevertheless, 1Inch (INCH) currently trades at a lower price than most other crypto coins.
At the time of writing, 1Inch (INCH) is worth $0.5319 after a 15% price drop in the last 30 days. Due to this negative downturn, crypto analysts advise 1Inch (INCH) holders to seek out new projects with more growth potential to reimburse their losses.
Fantom (FTM) May Rise, But Not For Long
Fantom (FTM) claims to address problems with smart-contract systems, particularly payment pace, which the company claims are less than 2 seconds. Fantom (FTM) is showing advances on its weekly charts amid the crypto industry’s ongoing battle to rebuild its vigor following several setbacks that kept piling up against it.
Fantom (FTM) has particularly increased by 30.29% during the last week, but some analysts believe this won’t amount to much due to its 0.40% loss in the daily chart. And even though Fantom (FTM) may keep this positive trend going, investing in projects with more room for growth is a better choice.
Flasko (FLSK) Combines A Rising Industry With NFTs
In a market where cryptocurrency investors are leaving coins like 1Inch (INCH) and Fantom (FTM), Flasko is generating a lot of attention. The basic concept behind this currency has also substantially impacted the situation described above.
Users may employ the Flasko alternative-investment platform to purchase NFTs backed by upscale beverages, including rare whiskey, fine wine, and premium champagne.
Besides that, Flasko will work with high-end businesses to ensure that the items from these businesses reach more individuals. They may also be transported to their intended location with a complete NFT purchase while providing investors exclusive deals and early access to the item.
Flasko has passed its audit through Solid Proof with flying colors regarding project security. The Flasko team will also lock liquidity for 33 years, meaning no rug pulls are in store for this project.
Crypto experts believe Flasko will reach $3 by March 2023, a massive gain from its current price of $0.099. We believe that this is one of the top 10 coins to keep an eye on in the coming months, so start following it using the links below:
Website URL: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Source: https://www.thecoinrepublic.com/2022/12/03/1inch-inch-and-fantom-ftm-are-expected-to-lose-ground-against-flasko-flsk/