Cryptocurrency markets are in flux today, with some digital assets seeing major gains while others experience significant losses. The decliners are Shiba Inu (SHIB) and Uniswap (UNI), down 68.83% and 85.5%, respectively.
However, there was one bright spot amid the carnage. Flasko, a new cryptocurrency platform that allows users to invest in rare, luxury, vintage whiskeys, wines, and champagne, soared up a staggering 131.48% in its presale phase.
With its unique focus on rare assets, Flasko is well-positioned to continue attracting attention from investors in the months and years to come.
The Shiba Inu (SHIB) Declines Amid the Crypto Market Turmoil
The Shiba Inu (SHIB) coin is an Ethereum-based altcoin created in early August 2020 by an individual or group called Ryoshi. It rapidly gained popularity due to its Dogecoin-inspired meme culture. It was a hot coin with over USD 41 billion market capitalization by October 2021.
However, Shiba Inu (SHIB) experienced a 68.83% decline from its high value, probably due to concerns over the lack of fundamentals supporting the coin’s price. Shiba Inu (SHIB) has no team, product, or roadmap.
Uniswap (UNI) in the Cryptocurrency Volatile Market
Uniswap (UNI) is a decentralized protocol that allows users to trade Ethereum-based tokens. It uses an automated market maker (AMM) model to provide liquidity. The Uniswap (UNI) token reached its all-time high in February 2021 at $44.97, with a market capitalization of almost USD 5 billion.
The price of Uniswap (UNI), has also declined significantly, shedding about 85.5% of its value and currently trading at $6.68. This decline is basically due to the recent crypto market volatility.
Whether Uniswap (UNI) will rise again will depend on macro-economic market conditions, however, it could perform relatively well during the next bull-run.
Why Flasko (FLSK) Is the Best Bet in a Rough Market
Flasko will be the first alternative investment platform that enables users to trade and invest in fractionalized NFTs backed by premium, rare, and expensive whiskeys, wines, and champagnes.
The presale token price is $0.077, with many analysts predicting the token to reach the price region of around $2.70 – $3.30 by June 2023.
German firm, Solid Proof, has audited the Flasko token, and liquidity will be locked for 33 years, providing peace of mind to potential investors.
Given the market’s tremendous potential for alternative investments, we believe Flasko will be an excellent choice for those looking to make significant gains.
Check the website and invest now.
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.