Finding the right crypto investments is a daunting task. After the 2021 crash, there is no certainty when even the most stable currencies might fall. This is why crypto experts have come together to provide the prediction of which altcoin investments are going to be perfect for 2023, namely Monero (XMR), Polkadot (DOT), and Flasko. Let’s check out more about each of them.
Monero (XMR) Is Gaining Traction
Despite being one of the first cryptocurrencies, Monero (XMR) has been mostly ignored since the emergence of more popular and profitable alternatives. However, other, more real-asset-backed initiatives, such as Flasko, have attracted privacy-focused users away from Monero (XMR). The reason for it is that unlike currencies like Ripple (XRP) or Polkadot (DOT), individuals don’t acquire Monero (XMR) only to make fast cash.
Monero (XMR) has fulfilled an essential purpose as a leading privacy currency and continues to draw privacy lovers as one of the greatest privacy initiatives out there. This is also why Monero (XMR) has behaved in a highly consistent pattern over the last year and a half. Oversold levels on the Relative Strength Index (RSI) and bullish MACD circumstances suggest that the price of Monero (XMR) is unlikely to fall much further.
Polkadot (DOT) Investors Are Still Holding On To Their Investments
Polkadot (DOT) has not been particularly active this year. The native token has declined by 80%
over the previous year. In addition, the current price of $5.4 is a reduction of 98% from the item’s historical high of $55.08 in November 2021.
There is still a lot of potential in this currency. Polkadot (DOT) currently hosts the second-most-active developer community. Polkadot (DOT) developers handle 11,000 monthly actions. The network’s popularity is shown by the $1.5 billion locked value now on its most used parachains.
The Flasko (FLSK) Protocol Seems Solid and Promising.
The objective of Flasko is to make the market for costly, exotic, and lavishly priced wines, whiskeys, and champagnes accessible to the average investors as fractionalized NFTs. For only $0.099, you can buy Flasko presale tokens and access the trillion-dollar market for fine wines, whiskeys, and champagnes.
Successful audits by the German company, Solid Proof found no issues with Flasko’s smart
contracts. The 33-year liquidity lock demonstrates the platform’s dedication to the project’s long-term ambitions.
Flasko has all the investment-safe features, making it a good choice for investors seeking a
crypto project they can buy into at a low price and expect to see positive returns over the long
run. Flasko is expected to reach $7.66 by March 2023, as analyzed by crypto experts.
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Source: https://coinpedia.org/press-release/top-altcoins-investments-for-2023-monero-xmr-polkadot-dot-and-flasko-flsk/