2022 has been a brutal year for crypto investors thus far – especially the ones who bought in their selected cryptocurrency investments at their very top (or thereabouts). ApeCoin (APE) and Dogecoin (DOGE) holders aren’t exempted from the general market downturn, despite both tokens rewarding early investors who cashed out at their respective peaks.
Fortunately, it’s all not doom and gloom – there’s always room for new, unique investment opportunities in crypto. One of those projects is the luxury spirits and wines alternative investment platform Flasko, which could end up outperforming ApeCoin (APE) and Dogecoin (DOGE) in 2023.
ApeCoin (APE): reduced interest in NFTs tanking prices
ApeCoin (APE) was airdropped to Bored Ape Yacht Club holders in March 2022 to much fanfare, with the ApeCoin (APE) token skyrocketing in price from $7 at launch to $39 at its all-time high. ApeCoin (APE) has since suffered a precipitous 90% decline from ATH levels, currently trading at $5.50. It’s just been six months ApeCoin (APE) launched, and another big run is within the realm of the possible. But with the drastically reduced interest in NFTs, it’s unlikely to see ApeCoin (APE) breaching anywhere as high as $20 in the immediate future.
It’s early days for ApeCoin (APE), but the future looks bleak – we can definitely understand why ApeCoin (APE) holders are reducing their exposure and investing in projects with unique selling propositions and parabolic potential like Flasko.
Dogecoin (DOGE): diminishing returns dissuading investors
Dogecoin (DOGE) is an open-source, P2P currency launched as a parody of the wild speculation surrounding the crypto industry back in 2013. However, once Dogecoin (DOGE) reached peak hype levels after being adopted as a payment method, so did its token price – with an ATH of $0.74.
Dogecoin (DOGE) has since fallen off by the wayside, trading at $0.06, but it remains a mainstay in the top coins by market capitalization. Dogecoin (DOGE) has a dedicated community and big-time backers, but it might have already peaked.
Flasko: one-of-a-kind investment opportunity in rare wines and spirits with explosive potential
It’s a known fact that the luxury wines and spirits industry is worth trillions of dollars and constantly appreciating in value. Flasko is an alternative investment platform that enables people to invest in the growing trillion-dollar market in rare whiskeys, wines, and champagnes. Flasko is currently running its presale and is currently priced at just $0.025.
The Flasko team has locked up liquidity for 33 years (guaranteeing their commitment to the Flasko project’s success), and its smart contracts have been audited by Germany-based Solid Proof.
It’s clear Flasko has great potential for a big run in the immediate future and getting in early on a project is often where significant gains are made. Check out the project through the links below: