Former market leaders like Polkadot (DOT), and Tron (TRX), are now seeing more competition from newer, more innovative cryptocurrencies. Investors in cryptocurrencies like Polkadot (DOT) and Tron (TRX) have started looking for alternatives since the charts collapsed. Many whales are eyeing the presale Flasko as a platform with a lot of potential for growth.
The Value of Polkadot (DOT) Keeps Falling
If you’re looking for a cryptocurrency to invest in, Polkadot (DOT) may not be the greatest bet since its price movement has been horrible from the start of the bear market and may become significantly worse as we approach the crypto winter season.
In the current market, one Polkadot (DOT) costs US$6.32, down 7.4% from its previous closing. The previous 12 months have seen a -89.23% decline in Polkadot (DOT). Last year, at the height of the bull cycle, Polkadot (DOT) was trading at $55, but investors have since seen the price fall below $5 for Polkadot (DOT), which is not great news for its future.
As TRON (TRX) declines more, investors go elsewhere
TRON (TRX) token is now selling at $0.062, 80% down from its peak of $0.30. TRON (TRX) was released in 2017 by the TRON Foundation. As of now, 2022 and 2023 have brought no positive changes to TRON (TRX).
Experts are split on whether or not the recent downturn in TRON (TRX) has continued, although many believe it may have hit a halt in the second week of September. TRON (TRX) has recovered almost 7% of its June drop in value when it fell below $0.03.
Investors in Polkadot (DOT) and TRON (TRX) are both concentrating on the Flasko presale and are set to fully transfer their investments.
Flasko (FLSK) Appears To Be A Solid Bet For 2023
Since the cryptocurrency industry is expanding rapidly, investors are constantly on the search for a reliable cryptocurrency to put their money into for the long haul. Upcoming NFT platform Flasko is anticipated to expand in value by over 4,000% by February 2023.
Experts are confident about the growth of Flasko, mainly because it will allow investors to invest their money in expensive wines, whiskeys, and champagnes as fractionalized NFTs.
Most seasoned investors agree that the best returns can be obtained by investing early in promising ventures. Flasko has entered Stage 2 of the presale, and investors are rushing to purchase Flasko presale coins at just $0.065.
We believe that Flasko has all the potential to be a future blue-chip cryptocurrency project and it will be interesting to watch its growth.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.