In cryptocurrency, newcomers with long-term profit potential are beginning to gain traction. Investors are picking those newcomers instead of popular currencies after the recent bear market left many in the red. Cardano (ADA) and OKB (OKB) were not exempt from this.
One of those new additions is Flasko, whose presale has piqued the interest of many. Let’s find out why!
Cardano (ADA) Tries To Rebound
Cardano (ADA) is a blockchain platform that utilizes the proof-of-stake mechanism. The ADA token powers this platform. Recently, the Cardano (ADA) community saw some promising innovations, like the continuation of testing for the DJED stablecoin.
However, this did not correlate to the Cardano (ADA) token price. Cardano (ADA) currently trades at $0.2583, dropping 3% and 18% on the weekly and monthly charts. A price drop like this puts bears firmly in control of the Cardano (ADA) coin.
OKB (OKB) Holders Seek A Way Out
OKB (OKB) is the native token of the OKX crypto exchange. The use applications for OKB (OKB) range from settling trading costs to allowing holders to participate in network decision-making.
In recent developments, the OKX exchange announced it would list the BNB coin. This revelation caused a ripple effect which saw OKB (OKB) rise by 3% in the last week. OKB (OKB) is valued at $23.08 currently, far below its peak of $44. Although OKB (OKB) could seem like an enticing investment at this time, investing in other projects with more growth potential and practical applications is a wiser choice.
Flasko (FLSK) Gains Worldwide Attention
The Flasko platform will bring the always-appreciating whiskey, champagne, and wine industry to cryptocurrency enthusiasts. Since this industry provides a 28% average yearly return on investment, combining it with cryptocurrency is a perfect recipe for long-term profits!
It aims to achieve this by establishing the first alternative-investment platform where traders can purchase fractionalized NFTs with actual luxurious bottles or barrels underpinning them. This novel idea puts a creative spin on the NFT sector as a whole!
The Flasko team launched the presale three months ago, and it has already reached Stage Two. The demand and hype behind it are strong, reflecting the price. It is currently worth just $0.111, and more price hikes may come soon. Many established analysts predict a $4 price point by mid-2023 for Flasko is possible. That is nearly 4,000% of the jump!
If you are worried about security, the Flasko team has shown that they are in it for the long run, and no rug-pulls may occur. It has a completed audit through Solid Proof, one of the most popular auditing firms globally. Moreover, Flasko will lock liquidity for 33 years while freezing team tokens for three years.
Flasko has a lot of room to flourish and could even wind up being a blue-chip cryptocurrency. So buy in now!