The cryptocurrency sector has been going through a difficult time after its market cap fell from $2.2 trillion in January this year to its current value of $937 billion. After experiencing so much pain throughout the year, it could be the best time to start allocating solid projects to one’s portfolio.
There is hope that the global macro environment will slowly start to improve. When this happens, investors will want to hold projects that will offset their 2022 losses and make sizable profits in the process.
This requires having a portfolio that consists of well-known projects such as Chainlink (LINK) and VeChain (VET) or, better yet, something as new as Flasko.
Should You Buy Chainlink (LINK) in Q4 2022?
Chainlink (LINK) looks set to explode in the future after the project announced that SWIFT is using Chainlink’s “Cross Chain Interoperability Protocol in an initial proof of concept.” SWIFT is the bedrock of financial transactions as it is a messaging platform for initiating international payments.
This is a major partnership that shines the spotlight not only on the Chainlink (LINK) ecosystem but the entire crypto sector. Chainlink’s native token, LINK, will skyrocket due to the partnership.
Chainlink (LINK) has glimpses of what it could do as its price registered big moves in the middle of the bear market, only to surrender the gains due to broad market conditions.
VeChain (VET): Now is the Time
VeChain (VET) is 90% down from its all-time high of $0.2782 in March 2021. A year earlier, it had reached a low of $0.001678.
VeChain (VET) is selling at a discount, and even if the market conditions worsen, VET’s price has already taken a very big hit.
Why Flasko (FLSK) is a Good Buy in Q4 2022
The year is coming to an end as the last quarter is already underway. The market has taken a beating since the start of the year, but this will surely come to an end at some point. It could be by the end of the year or beyond.
The ongoing bear market has claimed many victims, with the Terra Luna collapse shaking the crypto tree.
However, the upside to the bear market is that it leaves behind strong projects with the potential to be around for a long time. Flasko is a new project being developed during one of the harshest periods in the history of the crypto industry. This speaks volumes about the uniqueness of its idea and the planning that was put in place before launch.
For the uninitiated, Flasko is a cryptocurrency protocol that is breaking new ground by being the first NFT platform backed bt wine, whiskey, and champagne. Each investment results in an NFT being minted.
The entire Flasko ecosystem is woven together by the FLSK utility token. Investors can simply catch the early bird specials and buy the FLSK token during the presale for $0.065 per token.
The project’s tokenomics are meant to ensure investor safety and the project’s longevity. A total of 1 billion Flasko tokens will be issued, with 35% (350 million) of the token supply reserved for the presale stage. The remaining tokens are earmarked for exchange listings, marketing, partnerships, development wallet, charity, and protocol community investments. Flasko will have its trading platform in the future.
Flasko is an important project with the potential to grow and offer investors huge returns. Q4 of 2022 is likely to be the best time to buy FLSK tokens for $0.065 each. We believe it is best to get in before it’s too late.