Top cryptocurrencies like Cardano (ADA) and Polygon (MATIC) were not spared by the prolonged bear market of 2022. Both established, top 10 cryptos have largely decreased in value since the beginning of the year, offering investors who bought near or at all-time high prices stuck holding heavy bags.
On the other hand, new cryptos with solid fundamentals, transparent governance/tokenomics, and unique use cases in lucrative market sectors like Flasko for the luxury spirits and wines industry are poised to outperform and outgain Cardano (ADA) and Polygon (MATIC) in 2023. Flasko is generating massive interest in its presale and its token price reflects that, with Flasko recording an increase from $0.015 to $0.04.
Cardano (ADA) is a smart contract platform launched as a more ecologically sustainable alternative to Ethereum (ETH). Cardano (ADA) is ranked #8 among the largest cryptocurrencies by market capitalization, with the token hitting $3.10 at its highest.
However, Cardano (ADA) is now trading at $0.45, nearly 90% below its peak despite the upcoming Vasil hard fork expected to increase the blockchain's scalability. Many Cardano (ADA) holders who bought at higher prices are at the point of capitulation in favor of cryptos that can generate higher returns.
Polygon (MATIC) established itself as a layer 2 solution enabling Ethereum (ETH) users to take advantage of fast transaction speeds, low gas fees, and greater scalability to use the latter's ecosystem of dapps, NFTs, smart contracts, and more. Polygon (MATIC) is also the ERC-20 token serving as the native cryptocurrency of the layer 2 platform.
The main function of Polygon (MATIC) token is to enable transactions, pay gas fees, and act as a governance token for the Polygon (MATIC) ecosystem. But despite a successful Ethereum (ETH) merge, Polygon (MATIC) prices have failed to break past $1, trading at $0.75 – 75% below its $2.92 all-time high.
Flasko is a unique alternative investment platform enabling Flasko token holders to invest in the de luxe rare wines and spirits sector – something that's never been done before in crypto. That makes crypto experts bullish on Flasko, considering its unique selling proposition providing a hedge for crypto investors in a highly-liquid sector that constantly appreciates in value.
The bullishness is palpable as Flasko conducts its presale. Flasko token prices have since risen from $0.015 to $0.04, and all signs are looking up for the unique investment protocol, as many crypto analysts have predicted Flasko to hit heights of $3 by April 2023. At $0.04, buying into the Flasko presale now is a bargain set to pay off in the near-term. Flasko boasts a completed audit with Solid Proof and liquidity locked down for the next 33 years.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
