Stellar (XLM) and Ripple (XRP) Losing Mindshare; Flasko (FLSK) Rises in Popularity

Stellar (XLM) and Ripple (XRP) Losing Mindshare; Flasko (FLSK) Rises in Popularity
Written By:
IndustryTrends
Published on

Perhaps the most trusted measure of confidence and growth in a project is a continuous increase in price. And while the crypto market has no shortage of established and new projects turning up daily, not all of them have attained any measure of success nor growth momentum. Even established cryptos like Stellar (XLM) and Ripple (XRP) have experienced turbulence despite having already gone parabolic to the delight of their presale and earliest investors – but with little growth potential moving forward as far as price is concerned.

At the same time, new protocols like Flasko offer investors a chance to buy into a lucrative niche and take advantage of constantly appreciating, steady returns to strengthen their portfolio and hedge riskier bets – while allowing them to invest at the earliest stages of the project that may very well go parabolic.

Stellar (XLM): slow development dragging prices down

Stellar (XLM), also known as Stellar Lumens, was an altcoin developed to support digital representations of various types of fiat currencies. Stellar (XLM) also serves as the platform's native token. Stellar (XLM) currently trades around $0.11, 92% below its all-time high. But at one point in time, Stellar (XLM) was the #4 largest token by market capitalization, just behind Bitcoin, Ethereum, and Ripple (XRP)

However, Stellar (XLM) holders have had nothing but bad news since, largely due to its small circulation volume and that the development activity actually occurring on the platform is low. Needless to say, Stellar (XLM) has lost a lot in terms of mindshare among crypto investors.

Ripple (XRP): SEC drama continues

Ripple (XRP) has been around for a while, but Ripple (XRP) token prices have been suppressed for quite some time now. Ripple (XRP) is a cryptocurrency developed to enable fast and secure cross-border and cross-platform transactions that seeks to simplify payment services worldwide.

However, the ongoing SEC drama against Ripple (XRP) has led to a ton of volatility much to the chagrin of Ripple (XRP) holders. The recent gains Ripple (XRP) made in light of the lawsuit may very well just be a case of traders buying the rumor and selling the news. Tread carefully.

Flasko (FLSK): bringing alternative investments to a broader audience

Cryptocurrencies with unique value propositions and real-world asset backing are worth their weight in gold, especially if the assets they are backed with have performed better than gold. Alternative investments allow investors to reduce their risk exposure through investing in unconventional markets – including rare wines, whiskeys, and champagnes. Enter Flasko: the project building the first alternative investment protocol for the luxury wines, whiskeys, and champagnes sector. Flasko enables users to buy physical bottles of rare wines, whiskeys, and champagnes represented by full or fractional NFTs on the platform. This allows every investor to participate and benefit from the hedging power of alternative investments which, prior to Flasko, had been restricted to high-net worth institutional investors.

With Flasko's utility, it's no surprise that investors are piling into the Flasko presale to help strengthen their portfolios in the bear market. No protocol offers the same potential as Flasko does to invest in a real asset-backed alternative investment platform with 33 years locked liquidity, a full audit by Solid Proof, and an opportunity to create significant gains. Don't miss the Flasko presale before the rocket takes off!

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

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.

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net