Flasko, a new protocol with a unique goal, has taken the cryptocurrency world by storm, while legacy coins like BNB and LTC are recording bloody charts and negative price action. If you are wondering why a new token still in pre-sale outperforms two of the most influential tokens in the ecosystem, keep reading.
Binance Coin (BNB): Investors were missing out on gains
Binance Coin (BNB) is a utility token that is used to perform operations on the Binance Smart Chain. Token holders can choose to share it on Binance to earn more Binance Coin (BNB), making it an easy way to earn passive income.
Binance Coin (BNB) is currently down about 59% from its all-time high, and while Binance Coin (BNB) has a valid use case, investors are concerned that there may be no room for any real pumping as in the market Bearish showed no signs of surrender. Some who fear a sharp decline have cracked Binance Coin (BNB), so they can easily move their funds if the need arises.
Litecoin (LTC): 85% down from all-time high
Litecoin (LTC) was created to solve the problems of slow and expensive transactions. Litecoin (LTC) was conceived around the time when miners wanted to run on a less expensive platform, and because it was in demand, the Litecoin (LTC) token was a great success.
At its launch, Litecoin (LTC) was worth $3, but it quickly grew, and by 2020 it had gained 140% of its value. By the end of 2021, Litecoin (LTC) was worth around $146, but thanks to the crypto winter, the price has dropped to $61 and it doesn’t look like it will continue any time soon.
Flasko (FLSK): a new protocol with a big future
Flasko, a $0.025 token currently in presale, has been on many people’s minds for many reasons. The Flasko protocol aims to be the first to integrate alternative investments with cryptocurrency, by allowing its users to invest in rare whiskeys, wines and champagne that are known to appreciate in value. Not only that, but users will be able to purchase these investments in full and Flasko will present them to the buyer’s destination for free.
Flasko completed a full audit using Solid Proof and actually rose from $0.015 to $0.025 with price increases on the horizon. The team also mentioned that the liquidity will be shutting down for 33 years, which is great move to give Investor confidence during uncertain market conditions.
It’s definitely worth checking out this exciting protocol!
Twitter (NYSE:): https://twitter.com/flasko_io