As the year draws to a close, the pressure mounts for highly-rated assets like Algorand (ALGO) and Shiba Inu (SHIB). While these two cryptos have fared better than many others, they are still a far cry from investors’ expectations. Newcomer, Flasko, is set to overtake the duo in the race for a tenfold performance in the coming year.
Is Algorand (ALGO) Good Enough?
Founded in 2017 by MIT scholar Silvio Micali, Algorand (ALGO) operates as a pure proof-of-stake blockchain network.
The network runs on its native token, the Algorand (ALGO). Users who place their coins on the line enjoy the benefits of making key decisions through voting processes. Amongst other incentives, Algorand offered investors low transaction charges alongside speedy transactions. So there is little wonder that the company sold over 25 million Algorand (ALGO) tokens just about 3 hours into its 2019 launch.
While Algorand (ALGO) still holds a lot of promise, its investors have good reason to switch allegiance to a more promising newcomer.
Shiba Inu (SHIB): Keeps Investors Guessing.
The price of Shiba Inu (SHIB) has fallen by -20.9% in the past 30 days, signifying the spreading skepticism in meme coins. However, things have been pretty different from the beginning. Impressed by Shiba Inu (SHIB) ‘s ambition to trump the achievements of dog-themed cryptos such as Dogecoin (DOGE) and the pat on the back the coin received from Elon Musk, many investors showed up for it. True to expectations, the coin enjoyed a sharp rise in its first few days. However, given the future predictions of leading coin analysts, its investors anticipating a similar surge in price may have to wait a long while. 2023 isn’t the year. Alternatively, they could pay attention to the new rave of the moment.
Flask (FLSK): Set to Dominate?
Flasko, currently in its presale, is doing something new by offering investors the opportunity to trade and invest in fractionalized NFTs backed by real-world vintage whiskeys, wines, and champagne.
Already fully vetted by Solid Proof, world leading auditing firm, the alternative investment platform will lock its liquidity for 33 years. Its current price of $0.065 has attracted Shiba Inu (SHIB) and Algorand (ALGO) investors as they seek significant gains from investing into this promising project early. Analysts have predicted that the price of the Flasko token could reach $1.75 by January 2023.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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.
Source: https://cryptodaily.co.uk/2022/10/analysts-think-flasko-flsk-will-likely-100x-in-2023-as-algorand-algo-and-shiba-inu-shib-decline