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Ripple (XRP) and Tron (TRX) Face Competition from Flasko (FLSK)

2 mins
Updated by Petar Jovanovic
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Cryptocurrency investors constantly change their investment strategies and approaches to keep up with the market’s volatility and vitality. Every investor desires a positive return on their investments. 

As a result, they continue to make changes to their investment portfolio by adding optimistic initiatives and dumping negative ones. This global tendency has pushed Ripple (XRP) and Tron (TRX) investors to switch to Flasko, as the presale success of Flasko has attracted investors from around the world.

Ripple (XRP) had a nice pump this week; investors look toward the future

In recent months, the price of Ripple (XRP) has been quite unstable. On the growth chart, Ripple (XRP) has been on a bullish streak, but the absence of stability is limiting its progress. On a few days, the value of Ripple (XRP) rises, while on others, it falls. Although the price of Ripple (XRP) increased by roughly 16% in just five days last week, its overall weekly gain was only 3% due to some sharp drops. 

The pricing uncertainty is also due to the approaching conclusion of the SEC litigation against Ripple (XRP). Before putting any significant bets on Ripple (XRP), investors are awaiting the result of the litigation. Ripple (XRP) investors are looking toward a bright future its predicted Ripple (XRP) will rise around 25% within the next 6 months.

TRON (TRX) holders look for other alternatives as prices continue to fall

The TRON (TRX) coin, introduced by the TRON Foundation in 2017, is currently trading for $0.061, which is 79% lower than its all-time high price of $0.30 in January 2018. TRON (TRX) has struggled to demonstrate any evidence of progress in 2021-22. 

However, some observers think that the unfavorable trend in TRON (TRX) may have halted in the second week of September. TRON (TRX) has lately regained roughly 7% of its lost valuation from the June swing downtrend of $0.03. TRON (TRX) could lose up to 14% of its present value if it fails to grow.

Flasko (FLSK) has the potential to be one of the best-performing cryptos this year

Flasko’s innovative concept and one-of-a-kind platform for alternative investment have drawn an overwhelming number of investors. Flasko enables customers to invest in NFT, which is backed by rare wines, exclusive champagnes, and vintage whiskeys.

Flasko token developers passed their smart contract audit with Solid Proof and will lock liquidity for 33 years. To further provide safety to investors, the team will also lock their team tokens away for two years showing real commitment to the project.

During the first sixty seconds of the presale, the project sold almost 20 million of its allotment. Now, two weeks later, almost 60% of stage one allocation has been sold. It looks like Flasko will sell out of stage one early.

The Flasko presale price, currently $0.04, is predicted to grow to $2.90 by early 2023. Flasko is expected to be one of the top cryptocurrencies in 2023, according to experts. The team has prepared itself to be the most successful alternative investment of the decade. When considering the potential of this initiative, it is wise to participate in the Flasko presale now.

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