This year’s adverse market has been particularly severe. Crypto investors have lost their investments while participating in renowned crypto projects.
Shiba Inu (SHIB) and Solana (SOL), two tokens that have performed well since their introduction, are among those that have suffered losses.
In this article, we look at the differences in the performance of a coin with high potential called Flasko (FLSK), and that of Solana (SOL) and Shiba Inu (SHIB).
Solana (SOL)-Lightning speed transactions yet declining price
Solana (SOL), the fifth-largest cryptocurrency by total value, has gained popularity in recent months due to its rapid transactions and low fees.
More than ever, people are looking for the cryptocurrency Solana (SOL). Even after Solana’s hot wallets were compromised and its balances were lost, it continues to be the top sought cryptocurrency.
Solana (SOL) is presently trading at $41.37 with a $1,115,335,439 24-hour trading volume. The price of Solana (SOL) fell by 4.3% the day prior.
There are 508 million SOL coins in circulation, with 350 million currently in use. Solana (SOL) could be ready for a move upwards, however, being so far off its all-time high, investors might look for safer and higher potential options in this bear market.
Shiba Inu (SHIB) – A short-lived recovery
Holders of Shiba Inu (SHIB) saw 30% gains over the previous week. The Merge’s prior date of September 15, 2022, was set by Ethereum core developers, igniting investor interest.
Over the previous four months, whale activity on the Shiba Inu (SHIB) network surged. A total of 433 transactions with a value greater than $100,000 were seen on the network.
Fifteen transactions totaling 82.9 million Shiba Inu (SHIB) tokens burned within the previous 24 hours.
Burning the Shiba Inu (SHIB) token will permanently eliminate SHIB from the available supply. Shiba Inu’s value is anticipated to increase as fewer tokens are circulated (SHIB).
2.5 million Shiba Inu (SHIB) tokens were burned during the last two hours. Only time can tell if this will have a positive impact in the long run.
Flasko (FLSK) – Could provide an opportunity for significant returns
Investors in cryptocurrencies have already shown interest in the Flasko presale since it is anticipated that by the end of 2022, Flasko will outperform popular crypto assets.
Flasko aims to lead the market in bringing the $13.4 trillion dollar alternative investment industry to the crypto space.
FLSK token holders will benefit in various ways by investing early in this project. Having already completed and passed its audit with the reputable Solid Proof, the future really looks bright for this project.
The simple, unique, yet appealing concept of the company has already attracted attention from key cryptocurrency figures.
Currently selling at a price of only $0.015, it is an amazing opportunity to invest early in a project that has real potential in the future. We could see this reaching $2.80 by early 2023.
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