Cryptocurrency investors had a profitable year in 2021, but 2022 hasn’t been great for many traders and crypto enthusiasts as the general market trend was bearish. Due to the devastating REDs of coins, investors sought ways to diversify their investment portfolios and make more profitable returns.
Investors in popular cryptocurrencies like Stacks (STX) and Celsius Network (CEL) aren’t too keen on profits in the short term. Therefore, they are looking towards cryptocurrencies with unique utilities like Flasko, which top crypto analysts have predicted to surpass others in 2023.
Stacks (STX) Unable To Maintain Its Value
As a layer one blockchain solution, Stacks (STX) aims to address decentralized applications and smart contract development through the use of Bitcoin (BTC) cryptocurrency. Stacks (STX) chose Bitcoin (BTC) because it is already widely used and can address security and privacy issues.
In recent months Stacks (STX) has been facing a downtrend. It declined by -4.32% in the last seven days and still showing certain risks for the past few days. Stacks (STX) might have good fundamentals, but analysts don’t think it would be profitable in the short term.
In the previous month, Stacks (STX) price was reduced by -10.69% and currently trades at $0.29. While some might interpret it as a good buy opportunity, a further look at the 90-day price change shows a -30.41% price decrease. With the continuous loss of value over such long periods, analysts aren’t too keen on Stacks (STX) making huge profits in 2023.
Celsius Network (CEL) Is Way Down From All-Time Highs
Celsius Network (CEL) coin is the native cryptocurrency for the Celsius network as it ranks among the top digital cryptocurrencies. As a blockchain protocol, Celsius Network (CEL) uses programmability as its primary emphasis point to spread awareness. With Celsius Network (CEL), programmers can develop and create smart contacts which can automatically execute tasks after meeting specific criteria.
From an all-time high of $ 8.0232862, Celsius Network (CEL) token currently trades at $0.98079 after a seven days price change of -3.34%. According to Binance, Celsius Network (CEL) ranks number 119 in the whole cryptocurrency ecosystem, with a market capitalization of $234.27M and a total circulation supply of 238.86M.
In the last month, Celsius Network (CEL) coin price decreased by -37.95% while there was also a 90-day price change of +24.85. The past rise and sudden price drop could be an investment opportunity for holders of Celsius Network (CEL) coins. Some analysts suggest that CEL might not get to any new all-time high soon and are more comfortable with alternative investments.
Flasko (FLSK) Could Get A Significant Price Increase In 2023
After the conclusion of Flakso’s first stage of the presale, this coin ranks among the top rising cryptocurrency set to provide massive profit returns in 2023. Flasko will be the first alternative investment platform that allows investors to buy or sell minted and fractionalized NFTs backed by luxury and rare wines, champagnes, and whiskeys.
With the second stage of the Flasko presale going on for a price of $0.065, analysts predict it could rise by 4,000% in the coming year. Investors are secured from risks knowing that Flasko successfully passed its Solid Proof audit and will lock its liquidity for 33 years. You can still participate in the Flasko presale by following the links below.
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://coinpedia.org/press-release/flasko-flsk-looking-to-surpass-stacks-stx-and-celsius-network-cel-in-2023/