For investors, decentralized financial services (Defi) solutions make it easier not just to buy and sell cryptocurrency. In addition to staking, trading, and investing in other blockchain-based initiatives and decentralized organizations, holders may use their cryptocurrency to buy goods and services. Cryptocurrencies on the blockchain are digital analogs of the existing financial system, allowing for the same kinds of transactions.
Let’s check how the new and upcoming Flasko platform is stealing Solana (SOL) and Shiba Inu (SHIB) investors.
Solana (SOL) Is Having A Hard Time
Solana (SOL) is a lightning-fast blockchain technology that can handle thousands of transactions per second. In 2017, it was developed by Anatoly Yakovenko, formerly Qualcomm’s Chief Technical Officer. The lightning-fast performance of Solana (SOL) is its primary selling feature. Compared to other protocols like Ethereum, Solana (SOL) can complete transactions very quickly. This makes it excellent for applications that need to handle many transactions fast, such as video streaming or gaming. While Solana (SOL) showed a lot of potential initially, the price of Solana (SOL) coin started to decline in 2021, and it shows no signs of recovering, which is why investors are shifting their investments from Solana (SOL) to Flasko.
Shiba Inu (SHIB) Is A Dying Currency
The second-largest meme currency Shiba Inu (SHIB), had a 19.30% decline over the last week, reaching a price of $0.0000119. However, other market players anticipate a crash of Shiba Inu (SHIB) below $0.000097 this year, believing that the recent price increase is likewise ephemeral. Thus, Flasko is expected to hit the $3 mark upon its release in 2023, but Shiba Inu (SHIB)’s chances of doing so are slim. Experts predict that Shiba Inu (SHIB) is a dying currency with low potential, which is why Shiba Inu (SHIB) investors are also jumping ship.
Investors’ Confidence in Flasko’s Cryptocurrency (FLSK)
The upcoming crypto platform Flasko will facilitate the buying and selling of fractionalized NFTs secured by expensive wines, whiskeys, and champagnes. Anyone who purchases the NFT in its entirety may have the bottle of liquor sent to whatever location they choose at no extra cost.
Numerous seasoned cryptocurrency specialists anticipate that by mid-2023, Flasko could reach the top 30 cryptocurrencies, making it one of the fastest-growing cryptocurrencies of 2023.
Leading cryptocurrency analysts said Flasko will increase in value by more than 3,000% from its current presale price of $0.085 by March 2023.
Check out the links below to stay updated about the Flasko presale.
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