This year has been challenging for investors and crypto enthusiasts, with widespread severe investment losses since the beginning of the year. Though the crypto community has been engulfed in many challenges, the bear season is ending, giving way to new opportunities for investors to diversify their portfolios. A way out is for investors to invest in cryptocurrencies that are blue-chip projects.
With the continued downtrend of EthereumPoW (ETHW) and The Graph (GRT), presale gems like Flasko, which offers significant high-profit potential, would be the best option for investors who intend to diversify their portfolio and make profits before the year ends.
EthereumPoW (ETHW) Price Surges, Then Tanks Continuously
EthereumPoW (ETHW) is one of Ethereum’s popular blockchain proof-of-work (PoW) consensus mechanisms. On September 15, EthereumPoW (ETHW) surged by about 70% from $35.4 to $60.68 after Ethereum announced the Merge. This gave investors a reasonable prospect of the coin’s future, though EthereumPoW (ETHW) was priced at almost $139 when listed on CoinMarketCap. Despite this recent rally, EthereumPoW (ETHW) remains far from its all-time high of $141.36.
After EthereumPoW (ETHW) experienced a brief price surge, it began on a continuous downward spiral, eventually leading to the coin getting priced at $6.34 at the time of writing. This is more than a 90% value loss since its all-time high.
EthereumPoW (ETHW) aimed to give miners financial shelter since The Merge made mining rigs obsolete. However, with EthereumPoW (ETHW) falling prices and other tech problems, miners are migrating to existing proof-of-work (PoW) blockchains. This increases the need for EthereumPoW (ETHW) investors to diversify their portfolios by investing in alternatives.
The Graph (GRT) On A Freefall, Investors Expect A Long Road To Recovery
The Graph (GRT) is based on blockchain technology that enables data indexing across various chains whose data are used by DeFi projects in the Ethereum blockchain ecosystem. Even though The Graph (GRT) has a unique and widespread data indexing similar to Google, it hasn’t had a good run since achieving its all-time high of $2.87 last year.
Its native cryptocurrency, GRT, currently trades at $0.08, which is quite a poor performance despite its recent price recovery. Crypto analysts foresee a long road before investors can recover from the continuous trend, let alone make profits.
Flasko (FLSK) Offers The Highest Profit-Making Potential For Investors
With Flasko, investors can buy and sell fractionalized and minted NFTs backed by rare and luxury wines, champagnes, and whiskeys. As an alternative investment, the first stage of the presale token has been completed, with investors making profits. In terms of preventing risk, Flasko developers passed their audit with Solid Proof and will be locking its liquidity for 33 years.
Flasko is aimed at providing an efficient market for rare and luxury wines, or champagnes which is a market that gradually increases in value. With the beginning of the second stage of the presale, investors who missed out on the first stage can enter with a price of $0.065 and wait for the suspected 40× price pump by Q1 2023. You can learn more about Flasko by visiting the links below.
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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