The post Binance Coin (BNB) Dips Alongside Ethereum (ETH) While Flasko (FLSK) Surges High appeared first on Coinpedia Fintech News
Many investors and cryptocurrency enthusiasts have considerable investments in Binance Coin (BNB), and Ethereum (ETH) have witnessed a decline in their portfolios. This is following the fall of significant cryptocurrency assets this winter. Even with Ethereum (ETH) protocol changes, like the merger with Beacon Chain and Binance Coin (BNB) stability, the prices are still dipping.
Despite the downturn in the market and the possibility of these coins regaining their value, there might not be many expected gains. Instead, a look at rising coins like Flasko, having real-life assets and utility, might be the best option for investors to recoup their losses.
Binance Coin (BNB) Price Dips Amidst Smart Chain Exploit
Binance Coin (BNB) is Binance’s native cryptocurrency. It is used for all transactions on the Binance Smart Chain. At its peak, Binance Coin (BNB) hit an all-time high (ATH) of $690. However, Binance Coin (BNB) saw one of its most enormous losses as a top 5 coin following a hack that saw the coin dropping to around $279.
This resulted in a pause of the Binance Smart Chain, followed by swift actions to contain the exploit. However, Binance Coin (BNB) has since shown signs of recoupment after the hack, with Binance Coin (BNB) trading at $281 at the time of writing. As a result, investors can expect better days as the market stabilizes.
Ethereum (ETH) Prices Continue On A Downtrend
Concerning market capitalization, Ethereum (ETH) remains the second-largest cryptocurrency asset for investors. This is because Ethereum (ETH) has a lot of use cases and innovations, like its usage in smart contracts, which made things easier for investors performing transactions in the decentralized finance industry (Defi), Dapps, or decentralized apps.
However, Ethereum (ETH) has declined by 1.21% in the past 24 hours and is currently trading at $1,325. Overall, Ethereum’s (ETH) market dominance showed a downward bias, as seen in an 18.71% decrease in the last 30 days and a 21.60% decrease over the previous 90 days, as gathered from Binance.
Flasko (FLSK) Investment Set To Achieve Massive Price Surge
With Flasko’s recent presale price, it has already set itself as a significant contender in the crypto industry with people who believe in its potential.
Flasko will be building a cryptocurrency protocol which is the first asset that combines crypto and real-world assets in the form of luxury and rare spirits, champagne, whiskeys, and wines. With this, investors have the opportunity of investing in an asset that increases in value.
The uniqueness of Flasko sets it apart from others, and since the liquidity will be locked for 33 years and it passed an audit with Solid Proof, it shows its legitimacy and profitability in the short term.
Currently, Flasko presale is priced at $0.05 and with a good prospect. Flasko’s potential price surge makes it an alternative investment that can generate profit larger than what Binance Coin (BNB) and Ethereum (ETH) can provide in the short term.
It is not too late to get in on the presale event. We recommend checking out Flasko now.
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