Investors choose a particular cryptocurrency to invest in because they believe in the coin’s potential for investment returns. This is why investors usually search for cryptos with a significant return on investment. However, choosing a good coin can sometimes be challenging, and such coins must show innovation.
Established coins like Algorand (ALGO) and Fantom (FTM) have already given their investors several times their initial investment since their launch, but have started to decline in recent times. For this reason, investors are looking for alternative investments like Flasko, which has enormous growth potential for the short and long-term.
Algorand (ALGO): investors searching for alternative investments
Professor Silvio Micali of MIT created Algorand (ALGO) to solve problems faced by most conventional cryptocurrencies. Algorand (ALGO) coin is decentralized, scalable, and safe and uses ALGO coins as its native currency. Algorand (ALGO) differs from other cryptocurrencies because a random token group must approve a block before work can start on the next block.
This resolves forking issues, and since there is no fork, the agreement is quick, and Algorand (ALGO) recipients need not wait for confirmations. Currently, Algorand (ALGO) trades at $0.31 after a 30 day price reduction by 1.34% and a 14.16% drop in price during the last 60 days. With this, Algorand (ALGO) might not be able to provide promising returns, and investors are already looking for alternatives.
Fantom (FTM); will not get to its all-time high anytime soon
Fantom (FTM) has shown investors its capability since it is based on the Proof of stake consensus procedure. Additionally, Fantom (FTM) addresses the problem of delayed and costly blockchain transactions.
With the Fantom (FTM) network, users can easily handle more than 10,000 transactions in a second. However, Fantom (FTM) developers have stated that they intend to ensure that Fantom (FTM) can take more than 300,000 transactions within a second. Since they expect this to be done by mid-2023, investors might not be sure of profitable returns till 2023 and are therefore searching for alternative investments like Flasko.
Currently, Fantom (FTM) trades at $0.19 with a 5.69% price drop within the last 24 hour and a 25.27% dip in the last 90 days as seen on Binance. This continuous downtrend has left investors searching for alternative investments like Flasko.
Flasko (FLSK): the alternative investment set to provide profitable investment returns
Flasko has been gaining momentum in the cryptocurrency world for a while. Flasko will be the first cryptocurrency protocol that is an alternative investment that lets its users invest in vintage champagne, wines, and luxury whiskeys. Flasko is pretty promising since it has passed the audit by Solid Proof, and is willing to lock its liquidity for 33 years.
Also, investing in Flasko means getting a fractionalized and minted NFT backed by real-world assets. Flasko’s presale is ongoing and sold for a price of $0.05, and crypto analysts and experts predict the coin to soar by more than 4,000% in 2023. With Flasko’s unique concept and use case, it may become a top cryptocurrency in 2023. So, you shouldn’t miss this opportunity to invest in Flasko, which might be the next big thing in the cryptocurrency community.
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/is-there-hope-for-algorand-algo-and-fantom-ftm-investors-flasko-flsk-might-be-the-future/