This year many cryptocurrencies have taken big hits because of the bear market triggered by the terrible world economics. Tokens like Hedera (HBAR) and Tron (TRX) have been struggling to survive in the current market conditions, but it’s been getting increasingly difficult to do so as the bloody chart continues to persist.
On the other hand, Flasko, a new token, has been stunning many with its progress and experts believe it is positioned to make even greater gains compared to Hedera (HBAR) and Tron (TRX). Here’s why.
Hedera (HBAR) may take years before recording any real growth
The creation of Hedera (HBAR) was funded through an initial coin offering (ICO) that was held in August 2018, then it launched for the first time with open access to its mainnet just over a year later in September 2019.
The Hedera (HBAR) token acts as the fuel that powers Hedera services and is also used to secure the network. The Hedera (HBAR) token is currently worth about $0.05, and analysts have said it may not rise to $0.1 until 2024.
Tron (TRX) is down to 80% from its all-time high
Tron (TRX) has been around for a long time in the ecosystem. The Tron (TRX) token was initially launched on Ethereum but later moved to its own chain. Its aim is to eliminate middlemen between content creators and their money.
Since its launch, the Tron (TRX) coin has never crossed the $0.3004 boundary, and many believe it will take several years to get that far. The Tron (TRX) token hit its all-time high five years ago, and many investors have given up on waiting for the pump, which is exactly why they have their eyes peeled for better projects like Flasko.
Flasko (FLSK) is getting popular and offers lots of potential
Flasko started getting popular after it launched its presale some weeks ago, and it has continued to stun people with its progress ever since. Flasko’s goal is to help people invest in the highly liquid alternative markets of luxury and rare alcoholic beverages like fine wines, vintage champagne, and premium whiskeys.
Flasko investments will lead to an NFT being minted and made available on the specialized investment platform. The investments will be well protected in a licensed holding facility, and the liquidity will also be locked for 33 years to guarantee safety.
Flasko’s token is currently just $0.04 in its presale, but the prices will remain dynamic and are expected to increase soon. The Flasko roadmap is still in its first stage, so this is the best time to get aboard because it is almost certain that the price will increase.