A Smart Analysis Of Flasko (FLSK) Coin, Is It Worth Buying?

Key Takeaways:

  • Flasko was born amid the increasing growth of alternative investments market.
  • Analysts estimate FLSK will soar by 2,500% increase by 2023.
  • Flasko has been predicted to be the best investment of 2022.
A Smart Analysis Of Flasko (FLSK) Coin, Is It Worth Buying?

LAGOS (CoinChapter.com) — A new cryptocurrency project, Flasko (FLSK) coin, has launched in the ever-increasing blockchain space and is predicted to challenge top networks including Solana, and Cardano, among others for the top position in the industry.

In detail, Flasko coin is a cryptocurrency protocol that is focused on revolutionizing the crypto space with its new features. The protocol aims to be the first NFT whiskey, wine, and champagne investment platform.

Flasko FLSK coin price

According to its whitepaper, Flasko is creating a marketplace that enables users to fractionally and solely invest in asset-backed NFTs. Flasko intends to stand out among thousands of other digital assets with its concept. The crypto company also posited that it would offer a great opportunity to clients looking to make a long-term investment.

“Investors will be provided with the opportunity to benefit from the growth of the alternative investments market, specifically the premium beverage market. […] Using our launchpad and community, Flasko will partner with high-end beverage start-ups in order to facilitate their entry to the market.”

the whitepaper indicated.

Flasko also noted that it has completed its audits, making it a significant investment worth monitoring in 2022 and beyond. Although there isn’t enough evidence to recommend the project, several crypto experts have said that Flasko will prosper in 2022 despite the present downtrend in the industry.

Meanwhile, Flasko has launched stage one of the presale where already over 60 million tokens have been sold. According to the protocol, investors have been rushing to take part in this new initiative. Stage one of the presale is currently well underway, and the token price is projected to increase this weekend.

Flasko To Repeat Dogecoin, Shiba Inu Success

Furthermore, Flasko coin is swiftly making a name for itself in the cryptocurrency community because of its unique, uncomplicated approach. As a result of its easy features, experts say FLSK coin can repeat the success story of Dogecoin and Shiba Inu.

Recall that Dogecoin (DOGE) entered the crypto market in 2013, kicking off the memecoin industry. The memecoin has since gained popularity as the “people’s crypto,” and currently boasts of an army of social media followers.

Similarly, Shiba Inu (SHIB) almost repeated DOGE’s success story and currently ranks fourth in the crypto market. Flasko aims to break the mold and compete with these top memecoin. Additionally, the protocol has emphasized that it has the potential to compete with blockchain networks like Solana and Cardano.

Although Solana has retraced nearly 90% of its all-time high in Nov. 2021, making its current pricing a once-in-a-lifetime opportunity, analysts have projected a 2,500% increase for FLSK by 2023.

Is Flasko (FLSK) Coin A Scam?

Concerning investing in the new project it is important to ensure proper inquiries are made. A brief look at Flasko’s website shows that the company is relatively new with little information. The protocol whitepaper is poorly detailed and its claims aren’t backed with visible evidence.

It is also worth pointing out that the Flasko system has no named founders, which should be categorized as a red flag and warning to investors. Moreover, investors should beware of the platform without knowing who to hold accountable if it is another rug. Besides, the whitepaper also failed to mention crucial detail of what the crypto is based on.

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