When you intend to invest in the cryptocurrency market, you must choose tokens that have the highest potential to provide huge returns. Solana (SOL) and LEO Token (LEO) might be obvious choices for many investors with their records, but they might not be the best token for 2023.
Both tokens have been on a steep decline over the past months. This has left investors to turn to alternative investments like Flasko, which according to market analysts, can provide huge gains for investors during its presale.
Solana (SOL) Continues To Decline As Token Fall From All-Time High
Analysts believe that the price of Solana (SOL) will continue to decline due to negative news and bearish indicators. On 23 December, Solana announced the introduction of two ecosystems for NFTs, just behind Ethereum (ETH). The 30-day sales volume showed Solana topped BNB, Polygon, and Cardano chains.
Sadly, Solana (SOL) token has declined 96.1% from its all-time high of $259.96 in November 2021. Before the end of November, the Solana (SOL) price reached a low of $10.94 and is currently worth $10.04 after a 1.0% price decrease over the last day. Analysts predict that Solana’s (SOL) price might continue its downward movement.
One reason for this would be the weekly RSI which has dropped below 25 and hasn’t shown any bullish divergence, and there is currently no horizontal support. Analysts predict that Solana (SOL) might only reclaim a bearish momentum if the price can get to the $29 horizontal resistance area.
LEO Token (LEO) Investors To Consider Alternative Investments Like Flasko (FLSK)
Over the past 24 hours, the price of LEO Token (LEO) has reduced by 1.3% to its current price of $3.55. This continues its downward trend of the past week, losing 4.2% of the total value. LEO Token (LEO) trading volume increased by more than 10% over the past week, which is surprisingly opposite to its total circulating supply, which was reduced by 0.02%.
This has brought the total circulating LEO Token (LEO) to 985 million tokens. Currently ranked as the #21 token based on market cap, LEO Token (LEO) might not be a huge gain for investors in the short term. Analysts predict investment in the alternative sector like Flasko to provide gains that would recover investors’ losses.
Flasko (FLSK): Analysts Predict Presale To Help Investors Recover Losses
Though the cryptocurrency market shows signs of recovery, many tokens are still in steep decline. For an investor to make profits capable of recovering losses, they would have to invest in a token with long-term viability and strong fundamentals like Flasko.
Flasko aims to be the first innovative alternative investment platform to let users trade and invest in fractionalized NFTs tied to luxury, rare, and high-end champagnes, wines, and whiskeys. Flasko will also partner with luxury beverage shops to bring these products into the market while offering investors discounts and first-product access.
Flasko currently has a price of only $0.17 as it is still in the second stage of its presale, and since it has been audited by Solid Proof and has locked liquidity for 33 years, investors are assured of safety. Analysts even predict that Flasko might reach $5 by mid-2023.
Every savvy investor knows investing early in solid projects is the best place to make huge gains. We believe Flasko is a promising investment opportunity that you should check out below with the following links.
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