Though the cryptocurrency market seems to be growing in recent months, many coins continue to decline. As this downtrend continues, every cryptocurrency investor and enthusiast must choose a cryptocurrency that would bring huge returns.
Chain (XCN) and Maker (MKR) are among the cryptocurrencies that continue on a downtrend. Though they have impressive and unique features, they still need to provide gains for investors. This has led investors to seek other alternative investments like Flasko, which has seen an increase in the number of whales that have bought into its presales, leading analysts to predict that it may become a top investment in 2022.
Chain (XCN) Downtrend Continues
Chain (XCN) was founded in 2014 and is a web3 infrastructure provider. The Chain (XCN) platform aims to allow easy access to smart contracts and provide scalability. In addition, chain (XCN) focuses on streamlining the onboarding process and lets users stake Chain (XCN) while earning rewards.
Chain (XCN) currently trades at $0.063 after a 25.83% increase in price in the past day. However, this price increase couldn't offset the past and continuous decline that Chain (XCN) has witnessed. After all, in the last 90 days, Chain (XCN) showed a 29.17% decrease in price, bringing the coin to a low.
Though the one-day price change gives investors hope for better results, analysts predict that the decline will continue, so investors need to look for alternatives that can provide good returns.
Maker (MKR) Investors Looking To Buy Into Flasko (FLSK) Presale
Maker (MKR) is an Ethereum-based peer-to-contract lending platform that encrypts Ethereum (ETH) to let users access over-collateralized loans. 2021 was very bullish for Maker (MKR), like most other cryptocurrencies. It recovered in January after a slight loss and traded over $2,000 before reaching an all-time high of $3,000 in February 2022. By March, a retracement occurred, but it later achieved an all-time high of $4,100 in April.
Currently, Maker (MKR) trades at $891.71 after a 2.4% price reduction in the last 24 hours and a current market cap of $871.76M. Maker (MKR) has a trading volume of $27.47M and a circulating supply of 977,631.04. With this coin's decline in the past 90 days, investors are more interested in something other than the coin and are therefore looking at alternative investments like Flasko.
Flasko (FLSK) Has The Potential To Rank Among The Top Cryptocurrencies In 2023
Flasko will offer investors the opportunity to invest in a platform where they can buy and trade minted and fractionalized NFTs backed by real-world utilities in the form of wines, champagnes, and whiskeys. In addition, investors in other cryptocurrencies and whales are buying into Flasko, which is currently in stage two for only $0.077.
Developers of this high-growth potential coin promise that the liquidity will be locked for 33 years after a successful audit from Solid Proof. This makes Flasko a safe and risk-free investment. Moreover, analysts predict Flasko to perform over 3,000% by next year.
The best time to invest in a cryptocurrency is in its early stages, so this would be an ideal time to buy into Flasko since it is predicted to be a blue-chip cryptocurrency in the future. You can learn more about Flasko and its ongoing presale by clicking on the links below.
