As volatility increases, established cryptocurrency coins are vulnerable to unexpected price movements. Render Token (RNDR) and Loopring (LRC), two popular cryptocurrencies, might have adverse price movements in 2023. Nevertheless, new cryptocurrency projects like Flasko are currently capturing the attention of many crypto enthusiasts.
Keep on reading to learn why Flasko may top the charts in 2023.
Render Token (RNDR) Down 88% In The Last Year
The Render Network links creators who need more processing power to render their scenes to suppliers who are paid in the Render Token (RNDR) for their GPU resources. Anyone with a modern GPU may contribute rendering power under the framework in return for a Render Token (RNDR).
The Render Token (RNDR) value saw a slight 4.83% rise in the last seven days, but the past year for this coin has been pretty bad overall. The Render Token (RNDR) suffered a price drop of nearly 88% in the past 12 months, as the token is currently trading at $0.5207. Although the Render Token (RNDR) may experience an upward swing in the coming weeks, we believe investing in projects with room for growth is more beneficial.
Flasko (FLSK) Presale Gains More And More Popularity
The Flasko platform offers a high liquidity asset class for crypto owners aiming to meet the market demand for exotic, unique, and fine wines, whiskeys, and champagnes.
The minds behind Flasko seek to accomplish this by creating the first alternative-investment platform where investors may buy whole or partial NFTs backed by the bottle of wine, whiskey, or champagne it represents.
A user can also have the actual bottle brought to their preferred location if they buy the whole NFT. That’s correct; if you acquire a complete NFT, a bottle of Dom Perignon Brut may arrive at your home.
The Flasko team will lock the liquidity for 33 years, and a Solid Proof audit has been passed, two positive signs for a new crypto project.
The Flasko presale is in Stage Two with hopes of launching on Uniswap soon. As the presale advances, so does its price. Flasko is valued at only $0.111, an excellent entry point for investors who want to capitalize on the projected 4,000% rise in 2023.
Loopring (LRC) May Never Reach $4
The Loopring (LRC) token pays for network and activity costs on the Loopring protocol. Loopring (LRC) is essential to the functioning of the trading platform since it supports the safety and reliability of the network. Loopring (LRC) was once a worthwhile cryptocurrency asset for traders. Unfortunately, that time has passed as the coin lost nearly 90% of its value in the last year.
At this time, the price of Loopring (LRC) is $0.2457, a drop of 11% over the past week, and analysts say that this negative trend will continue. Investing in Loopring (LRC) is not so desirable as the coin continues to stumble.
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