2022 is closing up shop, but the headwinds in the financial markets are showing no signs of abating. Nowhere is the volatility inherent in the crypto market more evident than the losses metaverse token holders, particularly individuals invested in Axie Infinity (AXS) and Decentraland (MANA), have been experiencing all year round.
The sensational falls from grace that industry players like FTX, Alameda, Terra, and BlockFi, just to name a few, couldn’t have helped, with crypto prices all down across the board.
However, hope springs eternal in the crypto industry. If you search deep enough, you will find gems like Flasko waiting to be discovered. Let’s look at Decentraland (MANA), Axie Infinity (AXS), and Flasko – and determine which crypto is the best buy for 2023.
It’s All Over for Axie Infinity (AXS)
Axie Infinity (AXS) used to be one of the most prominent cryptocurrencies of the metaverse bull run in 2021, with one Axie Infinity (AXS) token once valued at $165. However, after metaverse speculation wore off, it has been bad news for Axie Infinity (AXS) holders as it trades at 96% below its ATH levels at $6.
It’s hard to see Axie Infinity (AXS) getting close to returning to its once-vaunted position, considering the exodus of players Axie Infinity (AXS) has experienced since its fall. Without a steady stream of players, Axie Infinity (AXS) has little to no value to bank on moving forward.
Decentraland (MANA) Lacking Sustainable Interest?
Decentraland (MANA), like Axie Infinity (AXS), is another metaverse-related token that went on a parabolic run at the height of speculation in 2021. However, Decentraland (MANA) has since gone on a precipitous slide amid criticisms about the viability of the metaverse first came out. With plenty of competition, a lack of interoperability, and a lack of a serious use case, interest in Decentraland (MANA) has been curtailed. Decentraland (MANA) is trading 95% below ATH levels, currently at $0.29 per token as of this writing. Decentraland (MANA) investors will be holding heavy bags in 2023.
Flasko (FLSK) Surges On With Phase Two Presale Momentum
Forget Decentraland (MANA) and Axie Infinity (AXS). Invest in a protocol that’s yet to make its big run. Flasko has emerged as the most highly-awaited presale event of 2022 with its novel alternative investment platform that combines non-fungible tokens with the lucrative asset class of rare wines, whiskeys, and champagnes.
Rare wines and whiskeys have been lauded for their stability and constant appreciation in quality and value, making them excellent hedges against market headwinds.
Flasko enables users to mint, hold, trade, or redeem NFTs backed by real, physical bottles of the finest wines, whiskeys, and champagnes. Holding said NFTs enables Flasko users to benefit from their increasing prices. Trading on the Flasko marketplace enables them to profit from price appreciation, and redeeming their NFTs will allow them to consume their investments and receive them anywhere they are in the world.
It’s easy to see why Flasko is expected by crypto analysts to do a 50x from its current presale price of $0.1575 to $5.50-$6 by the end of 2023. After all, it’s hard to find a cryptocurrency in its earliest stages that has been fully audited by Solid Proof and has platform liquidity locked for the next 33 years. Don’t miss out on a presale blue chip – get in on Flasko using the links below.