2022 has been rough for cryptocurrency investors as the space lost over $2 trillion in market capitalization, leading to an industry-wide dump across the board. Not even 2022’s highly-touted and hyped cryptos like Aptos (APT) and ApeCoin (APE) were spared from the beating. From the looks of it, Aptos (APT) and ApeCoin (APE) looked finished before they even got a chance to take off.
There are still gems even in the throes of this crypto bear market. One of which is Flasko, an alternative investment platform that’s drawing investors from Aptos (APT) and ApeCoin (APE).
Aptos (APT) Is Taking A Massive Dump After The Hyped Launch
Aptos (APT) drew massive attention after its mainnet launched last October. Consequently, Aptos (APT) drew massive funding from industry players, venture capital firms, and centralized crypto exchanges in the industry. Not long after that, Aptos (APT) hit all-time highs last October 19 when it hit $13.70. Last week though, in the wake of the FTX debacle, Aptos (APT) careened to $3.57 as its market capitalization halved.
Investors expecting Aptos (APT) to pump might be in for a rude awakening. There are serious doubts surrounding the need for recently-announced partnerships linked to the token or any good news that may lead to a price pump.
ApeCoin (APE) Is Plummeting Out Of The Sky
ApeCoin (APE) was released by Yuga Labs, the company behind Bored Ape Yacht Club (BAYC). ApeCoin (APE) initially performed well amidst a background of hype despite NFT interest having peaked well in 2021–with the token hitting all-time highs last April. Since then, though, it has been bad news for ApeCoin (APE), as the token bled out to $2.63, or 90% below its all-time highs.
Worse, Yuga Labs is reportedly under the crosshairs of the SEC, which is investigating claims whether the company violated laws through their digital asset sales.
Flasko (FLSK) Is Gaining Momentum Heading Into 2023
Flasko is an alternative investment protocol focusing on the trillion-dollar rare whiskeys, wines, and champagnes asset class that has performed better than traditional equities and commodities over the past few decades.
Flasko is building a platform allowing users to invest in fractionalized NFTs of rare whiskeys, wines, and champagnes backed by real casks and bottles of Flasko’s investment-grade luxury wines and whiskeys. This allows Flasko users to benefit from their constantly increasing quality and prices driven by their scarcity. Best of all, Flasko users can opt to redeem said NFTs and have the real, physical bottles that they represent delivered to their homes.
Flasko is launching its second phase presale. Over 10,000 individuals have expressed their interest in participating in the presale, with Flasko tokens available at the fantastic entry price of $0.085. Crypto experts predict Flasko to hit heights of $2.50 in 2023.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
