Will Flasko (FLSK) Make Big Moves Like Internet Computer (ICP) and Thorchain (RUNE)?
One of the most interesting things about the crypto industry is how cryptocurrencies can explode and have parabolic runs to the upside. This applies to both large-cap and low-cap cryptocurrencies.
Cryptocurrencies such as Thorchain (RUNE) and Internet Computer (ICP) have recorded major rallies in the past. The question that remains is whether Flasko (FLSK), a new cryptocurrency backed by a groundbreaking idea around alternative investments, will rally as much.
What Causes Explosive Cryptocurrency Rallies
There are no two cryptocurrencies that are created equally. The main purpose of each token is to get as many investors as possible for it to succeed. However, the project needs to market itself to convert crypto enthusiasts into token buyers.
Projects need to create hype to do this, and there are several ways to do it. Some cryptocurrency projects may raise funding from notable investors. This easily gets them in the headlines. Retail investors will line up to invest in the project.
Apart from fundraising, marketing is another major factor. The crypto market is like a jungle, and those who shout the loudest may be heard by almost everyone. The projects will also need to send the right message. Otherwise, all that shouting will be for nothing.
Marketers also need to build strong communities that are incentivized to see the project succeed. This could be in the form of airdrops or token giveaways. When people own a token, they want to see its token price rise.
The token utility is important as it results in investors interested in scooping up the cryptocurrency. ICP and RUNE are good examples.
Exploring Thorchain (RUNE) and Internet Computer (ICP) Price Action
Thorchain (RUNE) was created to address impermanent losses – the temporary suffered by liquidity providers when they contribute to liquidity pools.
Thorchain token, RUNE, has experienced violent price movements, making it a good choice for traders. This also makes Thorchain (RUNE) a good choice for investors who want to hold the asset for the long term. Thorchain (RUNE) reached a high of $21 during the 2020 – 2021 bull market but has since surrendered the gains as it is trading just below $1.50.
Those in the crypto space know that this is the perfect time to buy Thorchain (RUNE) because of its usual explosive price movements. When the market reverses, investors want to be holding Thorchain (RUNE) because if it quickly moves to the upside, they can take profits immediately.
Thorchain’s price movement is similar to that of Internet Computer (ICP) The Internet Computer is a blockchain that can be used to build any type of online system.
Internet Computer (ICP) is 99% down from its all-time high of $750, reached in May 2021. If Internet Computer (ICP) repeats its previous price movement, investors will likely enjoy a 150x move.
While this sounds exciting, we believe the potential for higher returns lies in investing in newer projects such as Flasko.
Will Flasko (FLSK) Explode?
Flasko is an innovative alternative investment platform that allows investors to invest in vintage whiskeys, wines, and champagnes. Each investment is minted as a fractional NFT and can be traded.
Token enthusiasts can buy the FLSK token for only $0.065 during the presale. Flasko investors can earn an average return of 28% on their investments.
Flasko is working towards building new strategic partnerships and listing on major exchanges. This will increase liquidity and the demand for the Flasko token.
The Flasko token will likely have some explosive moves as more investors add the token to their portfolios.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
The post Will Flasko (FLSK) Make Big Moves Like Internet Computer (ICP) and Thorchain (RUNE)? appeared first on Analytics Insight.
One of the most interesting things about the crypto industry is how cryptocurrencies can explode and have parabolic runs to the upside. This applies to both large-cap and low-cap cryptocurrencies.
Cryptocurrencies such as Thorchain (RUNE) and Internet Computer (ICP) have recorded major rallies in the past. The question that remains is whether Flasko (FLSK), a new cryptocurrency backed by a groundbreaking idea around alternative investments, will rally as much.
What Causes Explosive Cryptocurrency Rallies
There are no two cryptocurrencies that are created equally. The main purpose of each token is to get as many investors as possible for it to succeed. However, the project needs to market itself to convert crypto enthusiasts into token buyers.
Projects need to create hype to do this, and there are several ways to do it. Some cryptocurrency projects may raise funding from notable investors. This easily gets them in the headlines. Retail investors will line up to invest in the project.
Apart from fundraising, marketing is another major factor. The crypto market is like a jungle, and those who shout the loudest may be heard by almost everyone. The projects will also need to send the right message. Otherwise, all that shouting will be for nothing.
Marketers also need to build strong communities that are incentivized to see the project succeed. This could be in the form of airdrops or token giveaways. When people own a token, they want to see its token price rise.
The token utility is important as it results in investors interested in scooping up the cryptocurrency. ICP and RUNE are good examples.
Exploring Thorchain (RUNE) and Internet Computer (ICP) Price Action
Thorchain (RUNE) was created to address impermanent losses – the temporary suffered by liquidity providers when they contribute to liquidity pools.
Thorchain token, RUNE, has experienced violent price movements, making it a good choice for traders. This also makes Thorchain (RUNE) a good choice for investors who want to hold the asset for the long term. Thorchain (RUNE) reached a high of $21 during the 2020 – 2021 bull market but has since surrendered the gains as it is trading just below $1.50.
Those in the crypto space know that this is the perfect time to buy Thorchain (RUNE) because of its usual explosive price movements. When the market reverses, investors want to be holding Thorchain (RUNE) because if it quickly moves to the upside, they can take profits immediately.
Thorchain’s price movement is similar to that of Internet Computer (ICP) The Internet Computer is a blockchain that can be used to build any type of online system.
Internet Computer (ICP) is 99% down from its all-time high of $750, reached in May 2021. If Internet Computer (ICP) repeats its previous price movement, investors will likely enjoy a 150x move.
While this sounds exciting, we believe the potential for higher returns lies in investing in newer projects such as Flasko.
Will Flasko (FLSK) Explode?
Flasko is an innovative alternative investment platform that allows investors to invest in vintage whiskeys, wines, and champagnes. Each investment is minted as a fractional NFT and can be traded.
Token enthusiasts can buy the FLSK token for only $0.065 during the presale. Flasko investors can earn an average return of 28% on their investments.
Flasko is working towards building new strategic partnerships and listing on major exchanges. This will increase liquidity and the demand for the Flasko token.
The Flasko token will likely have some explosive moves as more investors add the token to their portfolios.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
The post Will Flasko (FLSK) Make Big Moves Like Internet Computer (ICP) and Thorchain (RUNE)? appeared first on Analytics Insight.
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.