There are as many as thousands of cryptocurrencies that investors can choose from for investment, making it pretty hard to predict the token that would provide huge gains. But, with proper research and examination of fundamentals, you can make the right choice.
On the big news, Flasko keeps attracting new whales as its price pumps while XDC Network (XDC) and THORchain (RUNE) keep consolidating.
THORchain (RUNE) investors seek alternative investments like Flasko (FLSK)
Most technical indicators of the THORchain (RUNE) token favor a bearish trend, with the token trading at $1.30 after losing $4.2 over the last day. THORchain (RUNE) is a decentralized protocol allowing users to easily exchange digital assets without losing full custody. With THORchain (RUNE), people can easily swap an asset for another without needing an order book that provides liquidity.
THORchain (RUNE) has an ROI of around 4,000%, and analysts predict that it could increase in the future. Recently, the RUNE token integrated with Trust Wallet, but it has seen a 93.6% drop from its all-time high. Price reversals might be expected, but market analysts believe that it could take a long time to get back to its peak price level.
A look at the technical chart of THORchain (RUNE) token shows a consolidation trend in its price. A further look at its weekly chart shows a continuous downtrend after losing 2.3% over the past week. Analysts predict that an upside might be expected close to the $2 price level and a bounce back at the $1 price level. Currently, THORchain (RUNE) is trading within the 50 to 100 DMA, and if it crosses the 100 DMA level, investors might expect a strong upside momentum in the coming weeks.
XDC Network (XDC) Experiences A Downtrend After A Recent Uptrend
Some weeks back, the value of the XDC Network (XDC) token rose after it was announced that there would be an integration with STASIS, the issuer of one of the largest euro-backed stable coins, to let the EURS stablecoin on the XDC network.
During this time, XDC Network (XDC) rose, as witnessed in the 11.7% price increase in the past 30 days. XDC Network (XDC) is pegged at $0.025 after a 2.7% price decrease over the past day. A look at the past seven days shows the token lost 3.5% of its value, and analysts believe that in the coming months, the price of XDC Network (XDC) will start consolidating, which would lead to a price hike.
Flasko (FLSK) Price Increasing As Whales Are Attracted To Presales
Flasko will let investors fractionally and fully invest in NFTs tied to real-world luxury whines, whiskeys, and champagnes. Flasko aims to be the first alternative investment platform allowing investors to partake in the alternative industry. When a user buys a full NFT, they can get the product delivered to the location of their choice.
Additionally, Flasko will collaborate with luxury jewelry stores to ensure that the products are brought to the market while allowing investors to enjoy discounts and first access to products. Regarding security, Flasko has been audited by Solid Proof, and its liquidity will be locked for 33 years.
Flasko is still in its second stage of presale and goes for a price of $0.185, and analysts predict Flasko to surpass XDC Network (XDC) and THORchain (RUNE) by mid-2023. Savvy investors know that investing in a future blue-chip cryptocurrency like Flasko is the best way to profit.
We believe that Flasko is a promising investment for any portfolio. You can check it out below.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io