Ripples (XRP) and Terra (LUNA) are cryptocurrencies that have recently declined in value due to the overall bearishness of the cryptocurrency market.
In the heat of this bearish market, Flasko has managed to take out some rays of hope to investors. Flasko will create the first alternative-investment platform tailored for cryptocurrency investors.
The Rise and Fall of Ripple(XRP): A Journey From All-Time-High to Rock Bottom
Ripple (XRP) has been on a downtrend since it hit its all-time high of $3.84 on January 4th, 2018. Ripple (XRP) price has been steadily declining and recently found support at $0.24. Ripple (XRP) is trading at $0.45 and down 2.08% in the last 24 hours.
One of the main reasons for Ripple’s fall has been the SEC’s crackdown on ICOs which has made investors wary of investing in cryptocurrencies.
Luna (LUNA) Massive Price Decline
Terra (LUNA) was one of the top digital assets in early 2022. It has since fallen from grace and is now ranked close to 35th according to market capitalization after reaching an all-time high of $119.18.
Terra (LUNA) experienced a massive fall due to its connection to TerraUSD (UST), the algorithmic stablecoin of the Terra network. Over $2 billion worth of UST was unstaked (removed from the Anchor Protocol) on May 7, with fast trading of hundreds of millions of dollars.
Why Flasko (FLSK) is positioned to be a market leader in 2023
Flasko is a rising star in the bear market with a current price of only $0.077. In 2023, Flasko will be an alternative investment platform allowing investors and users to invest and trade fractionalized NFTs backed by high-end rare, luxury, vintage whiskeys, wines, and champagne.
Investors can invest in NFTs representing real luxury investments in bottles and casks of the most expensive, constantly-appreciating spirits and even have them delivered straight to their homes – no matter where they are. By investing in Flasko, you’ll have a chance at becoming part of the future blue-chip cryptocurrency market.
Flasko is expected to rise in 2023 due to the increasing demand for alternative investments and the fact that the liquidity will be locked for 33 years. This assures investors and guarantees that the project has come to stay.
Investing in solid projects early is where significant gains are often made. We highly recommend checking Flasko out.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
