When the digital currency sector crashed hard in 2022, those who had bought at the height of the upward trend a year earlier lost money. Even prominent coins like Algorand (ALGO) and Litecoin (LTC) began freefall after this news. It also didn’t help that FTX and BlockFi imploded in the past weeks.
Not everything is as dark as it seems; experts have found a project with fantastic growth potential bound to yield a return. That project is Flasko!
Litecoin (LTC) Not Providing Expected Returns
Litecoin (LTC) was created to become more practical for daily usage and less expensive operations. Owing to blockchain technology, Litecoin (LTC) allows multiple payments among countless devices and various enterprises.
Litecoin (LTC) has seen better days. Litecoin (LTC) was down almost 17% in the previous seven days and was valued at roughly $63 at the time of publication. This price is currently 84% down from its all-time high of $412.96, and Litecoin (LTC) holders now believe its glory days have passed.
Algorand (ALGO) In The Same Situation
Algorand (ALGO) is a trustless blockchain platform designed to allow and facilitate the creation of autonomous software. Algorand (ALGO) and FIFA have joined to offer authentic wallet technology for NFT sets and blockchain-based projects like booking and goods sales.
Nevertheless, the price of Algorand (ALGO) has struggled recently. Algorand (ALGO) saw a 28% price drop in the last month alone, causing panic among investors. They are now dumping Algorand (ALGO) in favor of other projects with more growth potential.
Flasko (FLSK) May Outperform Both ALGO And LTC In 2023
Flasko is paving the road for the resurgence of cryptocurrencies and maybe the fire that starts a fresh price surge. It will achieve this by establishing the first alternative-investment platform allowing users to acquire fractionalized NFTs.
Users can purchase NFTs fully or partially backed by a physical bottle of an elegant wine, whiskey, or champagne.
The creators of Flasko will also provide a new method for start-ups selling high-end beverages to promote their products to an entirely new market while giving early investors discounts and early access.
It would be best if you were not concerned about security since Solid Proof, a reputable auditing firm has completed Flasko’s audit. The Flasko team will entirely freeze team coins for three years and lock liquidity for 33 years, demonstrating their commitment to the future of Flasko.
The current price of Flasko is just $0.111, and analysts predict it is only bound to go up! According to them, a price point of $4 by mid-2023 may be possible.
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Source: https://coinpedia.org/press-release/how-do-litecoin-and-algorand-stack-up-against-the-flasko-presale/