Every cryptocurrency trader and investor would agree that 2022 was filled with many uncertainties. Many cryptocurrencies crashed, and some, like ImmutableX (IMX) and Chain (XCN) tokens, are still experiencing the effects. But, market analysts predict a market reversal in the short term.
A lesson learned from the 2022 crypto market is that weak tokens will surely fail, but a token with solid fundamentals will stand the test of time. One such token is Flasko which continues to rise steadily even as the greater crypto market experiences a downturn.
Chain (XCN): Steep Decline Recorded In Recent Months
Chain (XCN) token cryptocurrency allows a connected and smarter economy for crypto enthusiasts. Also, it creates a basis for businesses and organizations to participate in the Web3 economy. Currently, the Chain (XCN) token has a price of $0.013 and a circulating supply of 21.4 billion. It has a market cap of $284 million that allows it to rank as the #100 cryptocurrency.
Over the past day, the Chain (XCN) token lost 15.6% of its total value, a continuation of the 42.3% loss over the past week. Chain (XCN) token has been declining over the past 30 days, and analysts predict this might continue in the coming months. A look at alternatives like Flasko would provide huge gains for investors.
ImmutableX (IMX) Token Declines Even With Recent Nft Success
Over the recent months, ImmutableX (IMX) achieved some success with GameStop, a large gaming company that built its NFT marketplace with the IMX token. Crypto analysts and enthusiasts expected a turnaround of events with this development. But, ImmutableX (IMX) couldn’t bring about a price reversal as the price continued to decline.
At the time of writing, ImmutableX (IMX) has a price of $0.40 after a 2.3% price decrease over the past day. A further look at the seven and 30 days shows ImmutableX (IMX) lost 11.9% and 8.4%, respectively. Analysts predict that the price decline will continue and expect investors to search for alternatives like Flasko for profits.
Flasko (FLSK) Price Continues Rising Amidst Presales
Flasko will create a platform that will meet the need of cryptocurrency investors to invest in an industry that steadily appreciates over time. Investors would invest in NFTs tied to expensive and rare champagnes, wines, and whiskeys, either fractional or full. When investors invest in a complete NFT, they will have their assets delivered to the location of their choice.
Also, Flasko will partner with luxurious beverage brands to bring these products to the market, with offers to allow investors to get first access and discounts on products. As Flasko price keeps rising, investors in ImmutableX (IMX) and Chain (XCN) are currently in a rush to partake in its presale because of its unique value proposition. Flask is currently on stage two of its presale and has a price of only $0.185, and with its potential, analysts predict that Flasko value will likely increase by 3,000% before the presale ends.
For the security of investors, Flasko has passed its audit from Solid Proof and will lock its liquidity for 33 years, making the project safe for investors. Market analysts believe that Flasko might very well be a blue-chip cryptocurrency. In any case, Flasko has high growth potential.
As every experienced investor knows, an early investment in solid projects like Flasko is a good way to make huge gains. We highly recommend that you check out Flasko with the links below.
Website | Presale | Telegram | Twitter
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Source: https://coinpedia.org/press-release/flasko-steady-rise-continues-immutablex-and-chain-struggle-to-keep-investors/