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  • Writer's pictureDavid Manion

Solana (SOL) and Cardano (ADA) Struggle From FTX Fallout; Flasko (FLSK) Targeting 50x in 2023

Cardano (ADA) and Solana (SOL) have been among the most prominent tokens in the past several years, with Solana (SOL) being the more remarkable of the two. Solana (SOL) was launched in 2019 and peaked in November 2021, with the token price hitting an all-time high of $260. Both Solana (SOL) and Cardano (ADA) have since taken a massive dump after FTX collapsed, with Solana (SOL) losing as much as 94% this year.

Not surprisingly, investors are looking for more innovative projects to invest in and profit from and, hopefully, recoup the losses they accumulated over the past year. One is the revolutionary alternative platform Flasko, which is in its second presale phase. Let’s examine why.

Solana (SOL) Bagholders Can’t Catch a Break

Solana (SOL) has been embroiled in multiple controversies, but perhaps none bigger than its close links to FTX and its beleaguered ex-CEO Sam Bankman-Fried, currently detained in a Bahamas jail. It was discovered that FTX held a significant amount of Solana (SOL) tokens (to 11% of the total token supply), which led to token prices sinking further down the abyss.

If that’s not bad enough, the string of security incidents on Solana (SOL) continues to plague the blockchain, with its decentralized exchange Raydium being compromised for about $2.3 million. That’s another hack in a string of security incidents that undermine Solana (SOL) and its token price.

Cardano (ADA) Struggling With Extremely Bearish Market Conditions

​​Cardano (ADA) prices continue to struggle, indicating lingering bearish market conditions for the smart contract platform. Cardano (ADA) lost almost 15.2% of its value over the last week. The continuing price decreases may linger on further, so individuals looking to buy the Cardano (ADA) dip should refrain from making big moves.

Cardano (ADA) prices fluctuate; the best (and only) way investors can profit from it is to buy it if token prices sink further. This is because, in theory, Cardano (ADA) would recover the gains it lost from the inevitable price correction. Cardano (ADA) may sink below its current price of $0.25.

Flasko (FLSK) Geared Up to Do a 50x in 2023

Want to make a SERIOUS profit in this bear market? Invest in presale ICO tokens with strong fundamentals and long-term viability, like Flasko.

Flasko is building the pre-eminent alternative investment protocol combining non-fungible technology and applying it in the rare wines, whiskeys, and champagnes industry.

Flasko NFT holders, in effect, will be able to use alternative investments as a hedge against volatility because of their inherent scarcity that drives up their value.

Flasko token prices are available at a special presale discount of $0.111. Based on its fully-audited smart contract by Solid Proof, locked platform liquidity for the next 33 years, and upcoming listing on Uniswap and other exchanges, it’s not surprising why crypto experts predict that Flasko may very well go on a 50x run to $5 in 2023.

Flasko’s phase two presale is nearing its close. Don’t miss this chance to get in on a real blue chip.

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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