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ApeCoin (APE) and Cronos (CRO) Holders Remain Bearish, While Flasko (FLSK) Continues Rising

16 January 2023
in ApeCoin
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ApeCoin (APE) and Cronos (CRO) Holders Remain Bearish, While Flasko (FLSK) Continues Rising
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Despite the bearish market conditions, new cryptocurrencies are being launched every day. And choosing the one that could give you serious profits can be a tall task for many investors. However, there are two things to keep in mind if you wish to be profitable in crypto: you need to invest in protocols with real-world use, and you need to invest in them early before said protocols skyrocket in recognition, hype, and value.

It is for these reasons that crypto experts believe Flasko will outperform Cronos (CRO) and ApeCoin (APE) in 2023 and beyond.

ApeCoin (APE) Trading 87% Below its All-Time High

ApeCoin (APE) is the native token of the Bored Ape Yacht Club (BAYC) ecosystem, the NFT collection surged into popularity at the height of NFT mania in 2021. Moreover, ApeCoin (APE) also serves as the ApeCoin (APE) DAO’s official token, used to propose and vote for governance, partnerships, and strategies adopted by the DAO.

However, besides DAO governance, there’s little utility for regular investors interested in ApeCoin (APE). Moreover, you need to hold NFTs of BAYC and Mutant Ape Yacht Club (MAYC) to use ApeCoin (APE). ApeCoin (APE) is trading at $3.60, or 87% below its ATH levels earlier in 2022. There are strictly better cryptos to buy in besides ApeCoin (APE) in 2023.

Cronos (CRO) Fails to Take Off

Cronos (CRO) serves as the native token of the Cronos ecosystem by Crypto.com. It’s a decentralized blockchain that supports the trading, payment, and financial operations of the Cronos (CRO) blockchain and powers its products. Cronos (CRO) can also be staked for yield by validators, helping increase the value of their assets besides offering novel revenue streams through rewards for processing transactions.

However, following the collapses of Terra Luna and FTX, investors are wary of decentralized cryptos managed by a centralized entity like Cronos (CRO), which eventually led to the collapse of both ecosystems. After all, there’s not much that Cronos (CRO) offers besides access to its DeFi and marketplace ecosystems that other L1 smart contract platforms already do. Consequently, Cronos (CRO) token prices have been struggling to take off because of this reality.

Flasko (FLSK) Breaks Presale Records as Phase Two Continues

Ditch Cronos (CRO) and ApeCoin (APE) as the year ends – the real profits are to be made in investing in protocols during the presale stage.

One of those promising protocols is Flasko, which is building the first alternative investment platform focused on the rising wine, champagne, and whiskey asset class. Investors will be able to buy and trade NFTs representing real bottles of rare, investment-grade wines, whiskeys, and champagnes and help serve as a hedge against volatility because of their constantly-appreciating prices.

Flasko will also enable companies in the luxury beverages sector to use the Flasko Launchpad and market their products to a high-end fan base. Flasko users are also entitled to discounts.

Over 10,000 investors have expressed their interest in participating in the Flasko presale. You can, too, and take advantage of exclusive presale discount prices of $0.1575 per Flasko token, a bargain considering experts predict Flasko will hit $5 by August 2023.

Don’t miss this chance to invest in a blue chip that’s been audited by Solid Proof and with locked liquidity for the next 33 years.

Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

 



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