Each bull run has new shiny projects that steal the show. The 2020 – 2021 bull run had several cryptocurrencies that increased significantly in value.
Shiba Inu (SHIB) gained a massive 46,000,000% in 2021. Although it is just a meme coin, it outperformed several cryptocurrencies by a mile. Solana (SOL) was another big gainer as its price skyrocketed from under $1 in 2020 to a high of $258 in 2021.
The hunt for the next crypto gem is on, and Flasko is a new cryptocurrency project that investors should seriously look at.
How Shina Inu (SHIB) and Solana (SOL) Succeeded in the Last Bull Run
Shiba Inu (SHIB) had a roller coaster ride as its market cap soared beyond what many thought possible. Shiba Inu’s token, SHIB, made significant gains that are a cocktail of many factors.
Shiba Inu (SHIB)’s value rose as several cryptocurrency exchanges listed the SHIB token. This increased Shiba Inu’s community because many people had access to it.
A strong community is one of the key components that drive the success of a cryptocurrency project. A good example is Chainlink, a leading cryptocurrency that owes much of its success to work done by a community known as the Link Marines.
The launch of the ShibaSwap decentralized exchange was another key factor that contributed to Shiba Inu’s historic run. The decentralized exchange allowed SHIB holders to stake their tokens and earn passive income. This incentivized holding and, in the long run, romped up SHIB’s demand.
And Shiba Inu’s biggest secret weapon is its ability to create social media buzz. It is common knowledge that a cryptocurrency can surge significantly if it can create social media hype. Shiba Inu (SHIB) did just that, and crypto investors’ appetite for the meme coin increased.
Shiba Inu’s success was one-of-a-kind. However, other cryptocurrency projects, such as Solana (SOL), had a great run too.
Solana (SOL) is a layer 1 blockchain that competes with the likes of Ethereum. Its major selling point was that it was faster, cheaper, and more scalable than Ethereum. In essence, it had great utility and was solving a problem that the blockchain world required.
Will Flasko Headline the Next Bull Run?
No one knows when the next bull run will be, but it is coming. And when it comes, will Flasko be in the headlines?
Flasko is an alternative investment platform that aims to bring the world of whiskeys, wines, and champagnes to the cryptocurrency sector. Flasko claims to be the first to go this way. This gives Flasko a big headstart.
Flasko has great tokenomics, with a significant portion of its total token supply reserved for marketing, partnerships, and exchange listing.
If the FLSK token is listed on major exchanges, this could unlock new potential investors. This increases liquidity and, in turn, drives FLSK’s price higher.
As it reaches more people, Flasko will likely build a bigger, strong, and more vocal community that would support the project.
Flasko seems to have what it takes to be the Shiba Inu (SHIB) or Solana (SOL) of the next bull run. However, what matters more is that investors start buying the FLSK token during the ongoing Flasko presale.
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