The crypto industry has taken a beating after $2 trillion worth of market capitalization was wiped out in a span of months, shaking the trust of investors all over the world. The market downturn has forced investors to reconsider their portfolios and divest from purely speculative projects, meme coins, and tokens with no tangible real-world utility. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), despite their astronomical rises, experienced precipitous drops after losing as much as 90% of their all-time highs.
On the other hand, there are still plenty of gems to be found, such as crypto protocols with utility, use cases, and real-world asset backing, such as Flasko. Unsurprisingly, meme coin investors are ditching their holdings for projects like Flasko.
Dogecoin (SHIB): meme magic all but finished
Dogecoin (DOGE), once one of the crypto world’s darlings, has struggled throughout 2022 with the original meme coin losing a big chunk of its market capitalization. Dogecoin (DOGE) investors and advocates – including Elon Musk and Mark Cuban – once thought Dogecoin (DOGE) would hit the $1 mark last year, but all that hype has aged faster than a piece of cheese under the midday sun. There’s just not much value in meme coins like Dogecoin (DOGE) and its cousin Shiba Inu (SHIB) right now, given their speculative nature and lack of utility in most cases.
Speculators hoping for a Dogecoin (DOGE) bounce might be asking for the moon.
Shiba Inu (SHIB): friends don’t let friends invest in memes of memes
Like Dogecoin (DOGE), Shiba Inu (SHIB) investors have taken a beating in this unforgiving crypto winter – but it’s hard to blame anyone else but meme coin speculators that buy because of memes rather than utility and long-term viability. After all, Shiba Inu (SHIB) is a meme coin of a meme coin, and the rampant speculation and meme coin craze is (thankfully) gone in light of prolonged bearish market conditions. Unfortunately, someone has to say it: Shiba Inu (SHIB) holders hoping for another 46,000,000% increase are just whistling in the dark – and holding the bag.
Flasko (FLSK): the bridge to the $13.4 alternative investment market
Finally, a project with utility, viability, and real asset backing in a trillion-dollar niche. Flasko is building an alternative investment platform for the rare wines, whiskeys, and champagnes industry. Flasko enables users to hedge their portfolios with steadily increasing investments in rare bottles of premium bottles of the best whiskeys, wines, and champagnes represented by NFTs backed by a real inventory of said drinks – even sending them straight to their homes.
With presale prices at just $0.05, Flasko has plenty of room for massive growth. And with its status as the first mover in the alternative investment niche, 33 years locked platform liquidity to ensure its stability and development, and a fully-audited smart contract by Solid Proof, Flasko has gone above and beyond to ensure that the project will be a resounding success in the future. There’s no better time to get into Flasko than now – while the going is still early.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io