Polygon (MATIC) and Solana (SOL) are among the top 20 cryptocurrencies, and they have significantly grown in value because they are backed up with innovative project concepts.
However, the 2022 bear market has made these cryptocurrencies lose around 80% of their value. Due to the same reason, investors are no longer interested in investing their money in these cryptocurrencies.
Polygon (MATIC) Struggles During The Bear Market
The bear market has significantly affected Polygon (MATIC). Throughout the past few months of 2022, Polygon (MATIC) has lost around 60% of its overall value.
Another major factor that is creating a negative impact on the value of Polygon (MATIC) is the hype around it being merged with Ethereum (ETH). This made cryptocurrency investors lose their interest in Polygon (MATIC). Since there is no serious backing, the value of Polygon (MATIC) tends to go down significantly.
Solana (SOL) Investors Are Losing Hope
Solana (SOL) was one of the most outstanding cryptocurrencies in 2021. However, this cryptocurrency could not do well in the year 2022. Some cryptocurrency investors believe that the hype around Solana (SOL) has gone down.
Solana (SOL) was able to overcome some of the most challenging aspects of traditional blockchains. The trading value of Solana (SOL) has gone down to around 90% of its all-time high trading value. Investors believe that it will not be able to recover in the near future.
Flasko (FLSK) Will Be A Solid Investment To Consider
Anyone looking for a cryptocurrency presale that offers huge potential may consider looking at Flasko.
Flasko will allow its users to invest their money in alternative assets, which include premium and luxury wines, whiskey, and champagne.
The development team behind Flasko locked its liquidity for 33 years. Flasko has also passed the Solid Proof audit, giving investors assurance that Flasko is a secure long-term investment.
The presale price is only $0.065, and Flasko has a potential of around 4,000% in 2023. Therefore, anyone who aims for amazing returns may invest in Flasko.
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.