The bear market is a toxic environment for any cryptocurrency, and the one that started earlier this year still persists, spelling doom for some tokens and trouble for others, including Dogecoin (DOGE) and Tron (TRX). Both tokens have been operating for years now, but all those years of experience have not stopped them from suffering in this bear market.
While Dogecoin (DOGE) and Tron (TRX) struggle to stay afloat, one of the few projects that seem to be thriving amid the terrible market condition is Flasko. Here is why.
Dogecoin (DOGE): Price fluctuations continue to worry investors
Dogecoin (DOGE) stunned many in 2021 when its value skyrocketed by over 4000% however, that was during the bloom of the bull run. In this market, Dogecoin (DOGE) token value has fluctuated so much that many investors have chosen to disembark.
Those who remain hopeful that the Dogecoin (DOGE) token developers can find a lasting and suitable use case for it, but their faith is quickly diminishing. As it stands, Dogecoin (DOGE) is worth $0.06, and its most loyal supporters hope it can go even higher in the next bull run.
Tron (TRX): Dying a slow death?
Tron (TRX) reached its climax five years ago when it started trading for $0.3. Since then, it has declined in value and popularity and has not been able to break the record. This little fact has made many investors bearish on the Tron (TRX) token.
Nearly all of Tron (TRX) token’s value has been released into circulation however the price still remains less than $0.1. Some experts call this a slow rug, but many still believe that with the right attention and environment, Tron (TRX) can do numbers again.
Flasko (FLSK): The token with potential to 120x by 2023
Flasko recently became the top choice of many smart money whales. It aims to bridge the gap between alternative-investments and cryptocurrency. This will allow Flasko investors to invest in rare alcoholic beverages such as whiskeys, wines and champagne, that have proven to be excellent investments over the years.
Flasko has earned the trust of many because they plan to lock away liquidity for a significant 33 years as a signal of their intentions to become a leading player in the alternative investments industry within the crypto space. They have also completed their audit with Solid Proof.
The Flasko token is currently at $0.025, and experts predict that it will reach $2.40 by 2023 and will result in early investors being greatly rewarded.
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