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Aave (AAVE) and Uniswap (UNI) are among the most prominent cryptocurrencies, having long been in the top 50 cryptos by market capitalization, largely in part due to the utility that they each brought to the space.
But not even established top 50 mainstays like Uniswap (UNI) and Aave (AAVE) were immune from the toxic fallout surrounding the world’s second-largest exchange, FTX.
Tokens in their presale stage, however, present the best chance for investors to make serious bank during bear season, and we’ve identified one that might just be the pick of the year: Flasko.
Uniswap (UNI) Holders Begin Heading for the Exits
Uniswap (UNI) was among the first “unicorns” of the crypto industry when the protocol enabled individuals to swap ERC-20 cryptocurrencies without the need for a centralized market maker. Consequently, Uniswap (UNI) surged to the top of the crypto market cap charts with its decentralized exchange powered by smart contracts.
Be that as it may, Uniswap (UNI) has lost 88% of its ATH values. Currently, one Uniswap (UNI) token is only worth $5.40. Buying the dip on Uniswap (UNI) is a risky proposition at this point, as altcoins are bearing the full brunt of the bear market. Not surprisingly, longtime Uniswap (UNI) investors holding heavy bags are looking elsewhere to make a profit.
Aave (AAVE) Token Prices Sink While Amassing Bad Debts
Aave (AAVE) made its name as a lending protocol when it launched as “ETHLend” in 2017. Individuals use Aave (AAVE) to take out crypto loans, stake for profit, and provide liquidity, besides being a governance token.
However, Aave (AAVE) is in debt due to its dealings. For instance, Aave (AAVE) is owed bad debts from its users, and it is thought that a good portion of those debts has gone uncollectible. This is bad news for Aave (AAVE) users and investors if crypto markets continue to plummet. The protocol may be in a terminal free-fall in worsening market conditions and a panic-induced bank run.
Flasko (FLSK) Expected to Go On a Parabolic Run in 2023
Investing in solid, viable cryptos through presales or ICOs is the best way to make money in crypto.
And with over 10,000 investors participating in its presale, Flasko might very well be the next crypto gem entering 2023.
Flasko is creating the infrastructure for investing in rare wines, whiskeys, and champagnes, an asset class that has performed better than traditional financial products. That makes Flasko the perfect crypto to stabilize volatile portfolios.
The Flasko alternative investment platform will allow individuals to buy NFTs backed by real bottles of investment-quality luxury wines, which have been provably appreciating in quality and demand.
Investors are lining up to get a piece of the action and taking advantage of discounted Flasko prices at $0.111 per token, the perfect time to get in crypto at the ground floor just before it lists on major exchanges and Uniswap. Flasko is poised to do a 50x in the coming year, with projected values expected to hit $5 per Flasko token.
With respective locks on dev token allocation (3 years + 3 years vesting period) and platform liquidity (33 years!), and a full audit from Solid Proof, Flasko is shaping up to be the blue chip of 2023.
It’s almost your last chance to participate in the presale. Follow the links below to learn more.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
