It’s Over for Solana (SOL), and ApeCoin (APE) As Flasko (FLSK) Surges Amid Market Downturn

Solana (SOL) has blossomed into a rich, diverse blockchain ecosystem for DeFi and NFTs with its epic run to all-time highs coinciding with the exuberance that surrounded what was known in industry circles as “NFT Summer” in 2021. Consequently, the latter saw NFT collections like Bored Ape Yacht Club reach insane valuations. Ultimately, Bored Ape Yacht Club released a token called ApeCoin (APE) in the wake of its success, which hit a delayed ATH in 2022, long after the NFT circus had left town.

However, the market downturn has completely wrecked Solana (SOL) and ApeCoin (APE) token values and dragged them to the muck where they remain, with no end yet in sight.

Few tokens are built to survive a bear market as frosty as this one, but we believe Flasko can. We’ll give you a quick rundown on these three tokens and their viability.

Solana (SOL): 96% Down From All-Time High

Solana (SOL) was the talk of the crypto town when it ran from sub-$0.10 prices to $260 at last year’s bullrun, much to the delight of its early buyers and presale investors. The media circus surrounding Solana (SOL) saw the token become the fifth-largest cryptocurrency by market capitalization.

But since then, Solana (SOL) has been the subject of security incidents, blockchain outages, scams, and hacks that have bedeviled the platform. Solana (SOL) crashed to $13. Do NOT buy the dip as Solana (SOL) isn’t going to hit $260 soon.

ApeCoin (APE): The Bloom Is Off The Nft Rose

ApeCoin (APE) was a product of the exuberance that the NFT space exhibited before it all came crashing down with the crypto winter. ApeCoin (APE) enjoyed a pump to ATH levels at $27. But fast forward to today, and nobody cares about Bored Apes anymore.

ApeCoin (APE) prices have also sunk by as much as 93% in recent weeks, and no amount of smug self-assurance and cope will ever change the fact that ApeCoin (APE) just has no real utility.

Flasko (FLSK) Presale Phase Two Launched

There’s still plenty of value in the crypto space, even during the bear season, and it is in tokens that offer real-world use and asset backing.

Flasko is one of those projects. Flasko is trying to build the first alternative investment platform for rare wines, whiskeys, and champagnes. Vintage wines and whiskeys are an asset class that constantly increases in quality, price, and demand over time. It is immune from fluctuations in financial markets that affect the entire space, making the asset class an excellent inflation hedge.

Flasko is bringing that utility to the crypto space to the delight of over 10,000 investors signing up for its presale. With its platform liquidity locked for the next three decades and its smart contract fully audited by Solid Proof, Flasko will run hard to the top.

The Flasko presale offers investors an excellent opportunity to invest in the project with real utility, asset backing, and organic demand at its earliest phase. Especially considering the price of the token is just $0.085, we strongly believe that this could be 20X by January 2023 to around the $2.00 region.

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

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