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Based on market capitalization, Litecoin (LTC) and Ripple (XRP) rank among the top 20 cryptocurrencies in the world. Since their inception, Litecoin (LTC) and Ripple (XRP) have hit a fantastic all-time high, but with the market crash of 2022, these coins were affected and have dipped from their initial value.
With this price downtrend, cryptocurrency enthusiasts might be keen on buying the dip, but top crypto analysts and investors are looking at other alternatives. Analysts predict that new and alternative investments like Flasko, with a unique utility and use case, might be better investments as Litecoin (LTC) and Ripple (XRP) dip.
Based on blockchain technology, Litecoin (LTC) is a digital native cryptocurrency that the populace can use for international and domestic payments. However, as seen in data from Binance, Litecoin (LTC) has been underperforming since the coin was hit by the general bearish market trend, with the coin being down by 11.90% in the past 90 days, 19.47% in the last 60 days, 9.18% in the previous 30 days.
Litecoin (LTC) also fell by 1.29% in the past 24 hours to trade at $50.68 at press time. There is also the possibility of Litecoin (LTC) going further down in the next few hours. The poor performance of Litecoin (LTC) comes after an official tweet from Litecoin's official Twitter page that they will add an MWEB feature to mobile phones.
This continuous price downtrend has left investors in fear of buying the dip, even with the possibility of a later uptrend. Instead, they are looking for alternative investments like Flakso that can provide enormous returns.
Ripple (XRP) uses blockchain technology to simplify international transactions and allows the Ripple (XRP) platform users to receive or send money at a bit of cost and reduced time. Its traditions are transparent and safe, which makes Ripple (XRP) a competition with centralized, traditional system solutions.
However, Ripple (XRP) was still affected by the crypto winter and the ongoing Securities and Exchange Commission (SEC) lawsuits. In the last seven days, Ripple (XRP) fell by 4.90% after an initial uptrend of 2.87% to currently trade at $ 0.4857. Though some crypto enthusiasts might be enthusiastic about a positive outcome to the Ripple (XRP) and SEC case, analysts and crypto investors are more in favor of looking towards alternative investments with unique utilities guaranteed to provide huge profits in the short term.
Buying the dip in Litecoin (LTC) and Ripple (XRP) might seem reasonable. Still, it can't compare to investing in new coins, which offer more potential before they become of high value by market capitalization. This is why investors are keen on new and alternative investments like Flasko.
Flasko will be a revolutionary and alternative-investment platform that allows users to invest in fractionalized NFTs backed by rare, high-end, and luxury wines, champagnes, and whiskeys. Developers of Flasko put much thought into building Flasko's platform by ensuring the liquidity will be locked for 33 years, getting a passed audit from Solid Proof, and real asset backing with premium and high-end wines, whiskeys, and champagnes that regularly increase in value.
With such details and data, Flasko is all investors need in a cryptocurrency, and with its current presale going for a price of $0.065, early investors are guaranteed huge returns. Analysts even predict that Flasko might perform over 4,000% by mid-2023. A complete sell out of stage one means stage two is now live!
If you missed getting in on Litecoin (LTC) and Ripple (XRP) before they hit their all-time highs, then checking out and investing in Flakso with the links below might be your best investment bet.
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.
