It’s safe to say that meme coin mania is over, and the only viable projects worth investing in are those that have real, tangible utility. Not those created merely as a joke, like Dogecoin (DOGE), or as a joke of a joke, like Shiba Inu (SHIB). Granted, meme coins can catch fire with the right amount of hype, but only utility or functionality will sustain them over the long term.
And with the absolute shambles the crypto market finds itself in right now, meme coins are fast losing mindshare. But the bear market still presents plenty of opportunities if you know where and how to look for gems. We’ve got one for you: alternative investment platform Flasko, which we think ticks all the boxes for a project that’s set to skyrocket even as we face a protracted crypto winter.
Dogecoin (DOGE): This Dog Coin Has Had Its Day
Every dog has its day, as the saying goes, and Dogecoin (DOGE) sure had its day in 2021, when it hit an all-time high of $0.74 – quite the epic run considering Dogecoin (DOGE) was developed as a parody on the unbridled speculation in the crypto space. Dogecoin (DOGE) launched the animal-themed meme coin craze that had a bunch of speculators gambling on random coins named after dogs and food.
And despite the best efforts of Elon Musk and Mark Cuban to shill the coin, Dogecoin (DOGE) ultimately lost steam and failed to hit the $1 mark, and it’s been stuck in a terminal free-fall since. Dogecoin (DOGE) is trading far below its ATH by over 90%, and that might not change anytime soon.
Shiba Inu (SHIB): Don’t Expect Another 46,000,000% Increase
Shiba Inu (SHIB) is another meme coin that followed in the wake of Dogecoin (DOGE) and its success in the market. Early investors to Shiba Inu (SHIB) benefited tremendously after it hit a 46,000,000% increase at the height of its popularity, but the red flags still remain. Shiba Inu (SHIB) founder Ryoshi and his team remain anonymous – exacerbated by the fact that the former has already severed ties with Shiba Inu (SHIB).
Moreover, the crypto market’s underperformance hasn’t helped Shiba Inu (SHIB) holders, who seem to be left holding heavy bags – especially those who bought Shiba Inu (SHIB) at all-time highs. Since then, Shiba Inu (SHIB) has virtually flatlined – and without real utility, stability, and asset backing, the project looks to be dead in the water.
Flasko (FLSK): Opening Up Alternative Investments to Millions
Flasko is a new blockchain protocol opening up the $13.4 trillion alternative investments industry to millions of crypto investors worldwide. Flasko investors that participate in the presale aren’t just in for Flasko token prices that will surely increase in value – they will also have a chance to take advantage of alternative asset investments in rare wines, whiskeys, and champagnes and their constantly increasing scarcity and value.
Flasko has just launched its presale at $0.065 per token, and with its real-world asset backing, locked liquidity for 3 decades, and a fully-passed audit by Solid Proof, Flasko is well-poised to succeed in the years to come – in opening the alternative investments industry to millions, Flasko has the utility and viability to perform better than Dogecoin (DOGE) or Shiba Inu (SHIBA) ever will from this point forward.
Website: 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/2022/10/27/flasko-flsk-poised-to-skyrocket-during-bear-market-dogecoin-doge-and-shiba-inu-shib-losing-mindshare-fast/