Dogecoin (DOGE) and Shiba Inu (SHIB) are among the most recognizable cryptocurrencies that emerged from the meme coin cycle that peaked in 2021, a time when anybody could just launch a dog-themed coin and watch it moon even without having no tangible utility.
Both dog-themed coins memorably went parabolic as prices soared to high heavens at the height of the 2021 bull run, but since then, Dogecoin (DOGE) and Shiba Inu (SHIB) holders have taken quite the pounding – especially those that bought at their respective all-time highs.
Crypto investors have since become savvier about investing in crypto, knowing there is far greater potential in protocols with real growth potential and utility. One of those cryptos is Flasko, whose presale is revolutionizing the alternative investments sector and bringing it to crypto audiences – making it a better investment than Dogecoin (DOGE) or Shiba Inu (SHIB).
Dogecoin (DOGE): Buying the Rumor, Selling the News
Dogecoin (DOGE) recently experienced quite a substantial gain this past week. Token prices increased from $0.07 to around $0.11, giving Dogecoin (DOGE) holders a bit of hope – but if we look closely, the price increase can be attributed to pure speculation behind Elon Musk’s purchase of Twitter. Nothing more, nothing less.
This might very well be a case of Dogecoin (DOGE) traders buying the rumor and selling the news – brace yourselves for continued turbulence on the Dogecoin (DOGE) front.
Shiba Inu (SHIB): Price Pullbacks are Likely
Like Dogecoin (DOGE), Shiba Inu (SHIB) was directly impacted by the acquisition of Twitter by Elon Musk. Shiba Inu (SHIB) spiked by 30% once the purchase was announced, as did Dogecoin (DOGE), with a 150% increase. Still, beyond speculation behind these two dog-themed coins being adopted as payment methods for Twitter, nothing has changed about their fundamentals and use cases. Shiba Inu (SHIB) and Dogecoin (DOGE) are still meme coins with very little to offer.
Price pullbacks are expected for Shiba Inu (SHIB) and Dogecoin (DOGE) – which might lead to renewed selling pressure and a sharp decline in demand once this anticipated integration with Twitter might not happen fast as people expected, or if it even happens at all.
Flasko (FLSK): Last Chance to Buy at Presale Prices
Flasko has turned heads across the crypto world thanks to its real utility, unique use case, and asset-backed protocol. Flasko is building the premier alternative investment protocol specializing in the trade of rare wines, whiskeys, and champagnes.
In doing so, Flasko opens the world of alternative investments to a new audience. In extreme volatility, Flasko arrives just in time to help boost crypto investors’ portfolios with exposure to an asset class that has performed better than gold or equities in the past several decades.
Everybody knows that the best way to make gains in crypto, like others, have with Shiba Inu (SHIB) and Dogecoin (DOGE), is to buy during presale or very early into a project’s lifecycle. Flasko gives millions of investors worldwide that opportunity, making it well-poised to go on an astronomical run in the coming years.
With 33 years of locked platform liquidity and a fully-audited smart contract, the Flasko presale is something you can’t afford to miss this year as the platform prepares for its imminent launch. Don’t say we didn’t warn you.
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.
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