Solana (SOL) and Ripple (XRP) have made headlines due to their astronomical price increases since their presale, to the delight of their early investors. However, since then, Solana (SOL) and Ripple (XRP) have failed to recapture the lofty heights they once achieved due to a long crypto winter.
But despite the recent market downturn, the appeal of cryptocurrency remains firmly etched in the minds of millions and millions of investors worldwide – especially those that have utility and real asset backing. Flasko is one of them – and its presale gives investors a chance to take advantage of alternative investments and their constantly appreciating value.
Solana (SOL): poor price performance dissuading new investment
Solana (SOL) is a layer one smart contract platform notable for its astronomic run – to the tune of a 400% increase in market capitalization in the summer of 2021. Needless to say, Solana (SOL) presale buyers and early investors made a pretty penny as Solana (SOL) token prices hit an all-time high of $260. Solana (SOL), at its peak, was once the fifth-largest crypto by market cap – operative word being “was.”
Since then, Solana (SOL) has been exposed due to numerous outages, hacks, and security incidents that have plagued the platform. Solana (SOL) is trading at $17, or roughly 93% below its ATH levels.
Ripple (XRP): still a far cry from $1
Ripple (XRP) prices have been erratic in recent months. Ripple (XRP) has demonstrated its viability as a cryptocurrency, particularly as a means of transfer for other currencies or commodities. Despite Ripple (XRP) showing an upward trend, the fact is that there’s very little room for growth for the cryptocurrency – confounding investors who wish to buy into it. The best time to buy Ripple (XRP) was when it first launched, not now that it is 89% down from its ATH price.
There are far more cryptocurrencies out there that offer substantial room for growth than Ripple (XRP) – with Flasko being one of them.
Flasko (FLSK): presale phase two taking off
Forget Solana (SOL) and Ripple (XRP) – the real gains to be made this crypto bear season is in presale tokens that offer superior utility and real-world asset backing like Flasko.
Flasko is building the first alternative investment platform for rare wines, whiskeys, and champagnes – an asset class that has proven to be recession-proof, considering their constantly rising prices, quality, and scarcity over time.
Since launching its presale, over 10,000 investors have expressed their interest in using the Flasko platform. Big things are expected for the alternative investments platform, since Flasko removes the barrier to the exclusive alternative investments sector and democratizes it for everyone to take advantage of.
Flasko was built for long-term viability and success, with its liquidity on the platform being locked for the next 33 years and its smart contract fully audited by Solid Proof. Flasko ticks all the boxes of a successful project that’s set to skyrocket in value – don’t miss the presale event of the year.
At a price of just $0.077, the Flasko presale presents an excellent opportunity to get into a project with significant growth potential very early.
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.
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