• Cardano (ADA) and Avalanche (AVAX) have seen extended slumps in their prices, with both tokens trading close to 93% below their all-time highs.
• Flasko, an alternative investments protocol, is taking the spotlight from these older cryptos as it enters the second phase of its presale.
• Avalanche (AVAX) bears have failed to protect $11 support levels from a market sell-off, with tokens trading at $10.88 per token as of this writing.
The cryptocurrency market has gone through a few major paradigm shifts in recent times, with investors now looking for tokens with real-world utility and serious growth potential. This means that established cryptos like Avalanche (AVAX) and Cardano (ADA), which had been investor favorites at one time, have seen better days. The market capitalization of both of these tokens is far from what it was at their all-time highs, and it will take billions in market capitalization for them to get anywhere remotely close to those levels again.
It is in this backdrop that Flasko, an alternative investments protocol, is taking the spotlight from older cryptos as the year ends. The protocol is currently in the second phase of its presale and is being touted as a viable option for investors looking for returns similar to or better than those achieved by Cardano (ADA) and Avalanche (AVAX) in their heyday.
The performance of Avalanche (AVAX) in particular has been far from impressive this year. Bears have failed to protect $11 support levels from a market sell-off, with tokens trading at $10.88 per token as of this writing. This is indicative of a decrease in buyer momentum and an overall bearish trend for the token, which is down by almost 93% from its all-time high prices. The FTX collapse didn’t do Avalanche (AVAX) any favors either, leading to significant outflows of the token’s market capitalization to other, more promising protocols like Flasko.
Flasko, on the other hand, has been gaining traction in the market. It is an investment protocol that allows users to invest in assets such as stocks, bonds, and cryptocurrencies. It also provides access to new digital assets, such as NFTs, and other alternative investments. The protocol is designed to be secure and has a built-in risk management system that allows users to make informed decisions about their investments.
The second phase of the Flasko Presale is currently underway and is expected to end soon. Investors who participate in the presale will be able to purchase FLSK tokens at a discounted rate, making this a great opportunity for those looking to benefit from the potential of the project.
All things considered, it appears that Flasko is the best option for investors looking for returns similar to or better than those achieved by Avalanche (AVAX) and Cardano (ADA) in their heyday. The project has gained considerable traction since its launch and is currently in the second phase of its presale. With its secure design, risk management system, and access to a variety of digital assets, Flasko is a great option for investors looking to benefit from the potential of the project.