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Ripple (XRP), Stellar (XLM), Flasko (FLSK): Which Is The Best Buy for 2023?

14 January 2023
in XLM
Reading Time: 4 mins read
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Ripple (XRP), Stellar (XLM), Flasko (FLSK): Which Is The Best Buy for 2023?
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The crypto industry took a massive setback in 2022 as bearish market headwinds, and the respective collapses of players like FTX and Terra obliterated trillions of dollars off the market value of the entire sector. Top 20 mainstays like Ripple (XRP) and Stellar (XLM), for instance, experienced record lows during the year. Be that as it may, there are still plenty of opportunities for investors to make some serious profit by investing in the right tokens early. Flasko is one of those tokens. Let’s talk about Stellar (XLM), Ripple (XRP), and Flasko, and their prospects in 2023.

Ongoing Ripple (XRP) Case with SEC Suppressing Prices

Ripple (XRP) has long been established in the cryptocurrency market while bringing good profits to early Ripple (XRP) investors. However, Ripple (XRP) prices have been suppressed greatly over the past two years due to its ongoing litigation with the Securities and Exchange Commission (SEC). Despite Ripple (XRP) Labs recording a few courts wins, the case doesn’t seem to be ending anytime soon. Consequently, the litigation has done reputational damage to Ripple (XRP), with investors bailing out of the project in favor of higher-potential cryptos due to the skepticism surrounding its chances of winning the lawsuit.

Ripple (XRP) may surge to new highs when the SEC case is settled, but if it doesn’t, we can expect further outflows from Ripple (XRP). Tread lightly with Ripple (XRP) if you’re considering it.

Stellar (XLM) Not Expected to Bounce Back Anytime Soon

Stellar (XLM) grossly underperformed this year, even compared to its contemporaries in established cryptocurrencies over the past several years. Stellar (XLM) prices remain 92% below their all-time highs, with no end in sight expected soon. Stellar (XLM) ran into a series of massive retracements, where prices bottomed out to $0.071 in the past month.

Crypto experts are warning Stellar (XLM) investors to rethink their positions, as Stellar (XLM) prices are expected to sink further before the year ends. With the lack of development activity and a dearth of partnerships, Stellar (XLM) isn’t exactly exciting investors about its prospects, especially with the FTX collapse fresh in most people’s minds.

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Flasko (FLSK) Tipped to Increase By 5,000% in 2023

While Stellar (XLM) and Ripple (XRP) have struggled to recapture their former status, presale tokens with serious potential, like Flasko are fast attracting investors across the board.

Flasko will be the first alternative-investment platform upon which users may trade and purchase NFTs backed by real rare bottles of wines and whiskeys to take advantage of their constantly increasing prices, quality, and scarcity over time.

Alternative investments have long been lauded for their ability to perform as hedges against inflation and volatility, and Flasko is no different as it democratizes them to a new audience. Moreover, Flasko enables new luxury beverage startups to market their new products on the Flasko Launchpad platform, giving users discounts and the first crack at the latest products and discounts.

Best of all, Flasko has completed a full audit from Solid Proof, and has locked platform liquidity for the next three decades to ensure the success of its platform. With current presale prices at $0.1575, Flasko is predicted by many to reach the highs of $2; $2.70 – $3 in 2023.

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.

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