Dogecoin (DOGE) and Shiba Inu (SHIB) Face Serious Rivalry in Flasko (FLSK)

This past year, Dogecoin (DOGE) and Shiba Inu (SHIB) have lost a significant portion of their market value and investor optimism. In the top 20 cryptocurrencies by market cap, Dogecoin (DOGE) is just holding on to the tenth position while Shiba Inu (SHIB) has dropped to the fourteenth. We can see that the meme coin concept has collapsed in 2022 as these two examples keep falling.

Flasko, an alternative investment platform for premium wines and whiskeys, has started making headlines with its ongoing presale. It is unsurprising that investors in meme coins have changed their equity to more lucrative projects in recent weeks.

Shiba Inu (SHIB) Is in a Slump

Shiba Inu is one of the market’s most looked at meme coins because of the community’s continued growth. For early investors, the incredible heights Shiba Inu (SHIB) reached in 2021 seem like an old but happy remembrance.

However, the cryptocurrency’s poor performance this year has scared away a lot of prospective purchasers. It is challenging to extend the project primarily due to its lack of scalability and realistic use cases.

At the time of writing, SHIB is worth a low $0.00001098 but still down 86% from its all-time high of $0.00008.

Dogecoin (DOGE) Proves That Even Top Crypto May Fall

Dogecoin (DOGE) has become the most well-known meme coin on the market today, despite its creation being undoubtedly satirical.

But like most meme currencies, it has struggled with declining investor interest, which has caused a sizable billion-dollar drop in market value. It’s safe to say that Dogecoin’s (DOGE) initial euphoria has subsided, and investors are racing to locate cryptocurrencies with observable real-world usage and the potential for significant development.

It is currently priced at $0.06, a 91% fall from its peak of $0.74.

Flasko (FLSK) Expected to Be a Top Crypto Dog in 2023

This innovative and unique upcoming platform, Flasko, will give users the opportunity to sell, buy, and fractionally invest in rare and luxury beverage-backed NFTs (whiskey, wine and champagne). Investors within the VIP tiers will be entitled to a host of benefits including: lifelong free premium whiskey, wine, and champagne.

Many cryptocurrency fans are already intrigued by Flasko’s novel presale coin. By investing early in Flasko’s current presale, customers can acquire 100% of an NFT and get the whiskey, wine, or champagne at their residences. Investors in Dogecoin (DOGE) and Shiba Inu (SHIB) are already swarming to the Flasko presale since it is predicted that it will surpass these two well-known crypto assets.

This could easily be one of the best opportunities of 2022 and we would highly recommend checking it out.

For more information about Flasko visit: Website, Presale, Telegram, Twitter.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.