Cryptocurrency

Cardano (ADA) and Ripple (XRP) Lose Big Over Alameda Bankruptcy, While Flasko (FLSK) Selling Out Presale Phase Two

Written By : Market Trends

The Alameda Research/FTX collapse has caused far-ranging consequences in the crypto industry, leaving nothing in its fiery wake. Prices are down across the board.

Not even the top 10 mainstays, Ripple (XRP) and Cardano (ADA), were able to weather the storm, as the industry lost over $2 trillion in market capitalization.

Nevertheless, opportunity always knocks on the market. Crypto experts tip Flasko to be THE can't-miss presale event of 2022 and may outshine Cardano (ADA) and Ripple (XRP) in price performance in 2023. Let's explore these three cryptocurrencies and determine which is best.

Cardano (ADA) Failing to Regain Investor Mindshare

Cardano (ADA) was founded by Ethereum (ETH) co-founder Charles Hoskinson. Cardano (ADA) is a smart contract platform designed for efficiency and scalability to improve on Ethereum's drawbacks. Cardano (ADA) drew plenty of attention shortly after it launched, especially as Cardano (ADA) prices soared to all-time highs. It is once the fourth-largest cryptocurrency by market capitalization.

However, ever since hitting an ATH of $3.12, Cardano (ADA) has performed poorly, with not a lot of development activity compared to other newer chains. That's something for Cardano (ADA) investors to think about before buying the dip.

Ripple (XRP) Continues to Flounder

Ripple (XRP) is known for being a cryptocurrency that facilitates cross-border payment processing services. Its speed and efficiency have led Ripple (XRP) to be adopted by key banking and financial institutions such as MoneyGram and American Express. However, Ripple (XRP) token prices seem to be suppressed amid litigation from the US Securities and Exchange Commission (SEC). According to the SEC, Ripple (XRP) may be classified as an unregistered security. Not surprisingly, Ripple (XRP) holders are getting anxious.

Several cryptocurrencies have delisted Ripple (XRP) in light of its lack of usage, leading prices to drop nearly 87% from all-time highs.

Flasko (FLSK) Democratizing Alternative Investments for Everyone

Scratch Ripple (XRP) and Cardano (ADA) from your Christmas crypto shopping lists in favor of a project with real legs to go parabolic – Flasko.

Flasko is building an alternative investment platform enabling individuals to invest in the rare champagne, wines, and whiskeys asset class that has performed substantially better than financial instruments over the past several decades.

On the Flasko platform, users will be able to invest in digital NFTs of bottles of rare wines, whiskeys, and champagnes backed by their physical equivalents and benefit from their appreciation in quality and price over time.

Better yet, Flasko NFT holders can trade them for their real bottles shipped straight to them from Flasko's facilities to their homes.

More than its unique value proposition, Flasko's appeal lies in its security. With a fully-passed audit done by Solid Proof, and platform liquidity locked in for 33 years, Flasko has gone above and beyond to secure the protocol's future and prevent any chance of shenanigans from happening. It's easy to see why crypto analysts are tipping Flasko to go on a 5,000% run from its current presale price of $0.111 to $5 by 2023.

Don't miss a chance to invest in a blue chip. Visit the links below to get in on the Flasko presale.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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