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Many early Uniswap (UNI) and Algorand (ALGO) investors have made bank – but long-term holders are getting antsy as the industry slogs through the worst crypto winter it has experienced in a long time – and with previous highs unlikely to be recaptured in a long time.
Luckily, an intriguing new crypto project called Flasko (FLSK) might just be what investors have been waiting for – a chance to get on the ground floor of a crypto project with real-world utility and the potential to go on a huge run.
Uniswap (UNI) is the leading Ethereum-based decentralized exchange and automated market maker that uses the power of smart contracts to process automated trades. Unsurprisingly, Uniswap (UNI) plays a key role in decentralized finance (DeFi) as a liquidity provider.
But despite a relatively strong August, Uniswap (UNI) is closing out the month by trading back at $6, which is more or less the same level as it did in July. However, Uniswap (UNI) holders have reason to be upbeat, considering the Uniswap (UNI) Foundation just got the green light and $74 million in funding to build out the protocol, tighten up transaction processes, and shore up governance initiatives.
Uniswap (UNI) price figures to recover, but until then, investors might be turning their attention to tokens with more profit margins like Flasko (FLSK) – and we totally get that.
Algorand (ALGO) is a smart contract platform looking to compete with payment processing giants Visa and MasterCard. Moreover, Algorand (ALGO) is among the crop of so-called "Ethereum Killers," like Avalanche, Solana, and Polkadot. And despite a lackluster August trading at $0.29, Algorand (ALGO) holders are buzzing about the recent significant developments and hype surrounding the company.
Algorand (ALGO) recently partnered with the world football governing body FIFA as its official platform. Algorand (ALGO) is also working with the organization to create a FIFA-sponsored crypto wallet. Moreover, a former Ripple exec joined the Algorand (ALGO) team. All these developments are good news for Algorand (ALGO) investors holding on to hope for better days in 2022.
Flasko (FLSK) is an exciting upcoming NFT project providing the cryptocurrency world the opportunity to meet the alternative investment world. By opening the door to the increasing trillion-dollar market of luxury wines and spirits in the form of NFTs. Flasko will enable token holders to invest in the trillion-dollar luxury wines and spirits industry by purchasing NFTs of luxury whiskeys, wines, and champagne which experienced analysts identify, track, and store in insured and licensed warehouses.
Flasko (FLSK) is expected to perform exceptionally well in 2022 despite the bear market conditions, with a 70x by January 2023 a real possibility. Consequently, Flasko is entering the ranks of the most intriguing cryptos to watch in 2022 and beyond.
We believe this project is definitely one to look into, especially at the current price of $0.015, if you're looking for a token with massive potential.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram:https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
