Fantom (FTM) and Cardano (ADA) are Proof of Stake assets, and both are now trading at low prices in the $0.2 to $0.3 region. Coin holders who participate in a cryptocurrency’s consensus process, known as “Proof of Stake,” “stake” their coins to verify exchanges. Recent months have witnessed significant price decreases for both.
But which one is the better investment now and in the future? The answer might surprise you because it’s “neither Fantom (FTM) or Cardano (ADA” because the best crypto investment for 2023 is Flasko.
Failure Of Cardano (ADA) To Generate Profits
Many people consider Cardano (ADA) to be a viable alternative to Ethereum. But the bear market has presented Cardano (ADA) with several difficulties. As we near the end of 2022, Cardano (ADA) has not fared well. The year 2022 is seen by several investors as the turning point when it will begin to gather momentum. Investors are losing trust since Cardano (ADA) has not been able to generate any positive returns. The price of Cardano (ADA) will likely continue to fall during the next several months. This is why Cardano (ADA) investors are cashing out quickly and participating in the Flasko presale.
Fantom (FTM) Is Falling Daily
There have been significant declines in the value of nearly every non-stable coin token in the top 100 cryptocurrencies over the past day, but Fantom (FTM) has fared the worst. Fantom (FTM)’s cryptocurrency is declining in value due to the abuse of a decentralized finance (DeFi) application built on its blockchain, in addition to the general sell-off momentum in the cryptocurrency market. Fantom (FTM) investors are in turmoil, while many have ditched Fantom (FTM) investments for other much better investments like Flasko.
Flasko Is Expected To Grow Exponentially In 2023
In 2022, many crypto currencies failed miserably to increase or retain their values, mainly because they weren’t backed by lucrative assets. The Flasko team took note of that and is in the process of creating the unique Flasko NFT platform, which will allow investors to purchase NFTs backed by expensive bottles of wines, whiskeys, and champagnes.
Yes, you heard that right! Crypto investments will be backed by bottles of expensive beverages, and after purchasing an entire NFT of a bottle, Flasko will deliver it to you at no additional cost! This unique idea attracts numerous investors, and Flasko is set to become the fastest-growing cryptocurrency of 2023.
Since Flasko is still in the presale stage, the token is extremely cheap, with a price of only $0.099 at the time of writing; the price is expected to rise by as early as January 2023 by 3,000% of its current value!
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Source: https://coinpedia.org/press-release/flasko-is-getting-more-attention-while-cardano-and-fantom-are-losing-value/