As the cryptocurrency market keeps evolving, it is full of ups and downs. The recent bankruptcies of prominent crypto players like FTX and BlockFi caused a price drop for many crypto coins, including Immutable X (IMX) and Axie Infinity (AXS). But do not panic; we have found a suitable replacement poised to bring you large fortunes in the future – Flasko!
Immutable X (IMX) May Never Reach Its ATH Again
Immutable X (IMX) is a layer 2 scalability option for NFT applications built on Ethereum. Impressive attributes of Immutable X (IMX) include its versatility, relatively low gas costs, and quicker project launch times.
Due to the hype surrounding Immutable X (IMX), it peaked at $9.50. At the time of this writing, Immutable X (IMX) is worth $0.4745, a drastic 95% drop from its all-time high. Although it may reach a high price point again in the future, now Immutable X (IMX) holders are leaving to find other projects with more potential for growth.
Axie Infinity (AXS) Still Seeing Red Charts
Over the last 30 days, the impact of the bear market has been worse, with Axie Infinity (AXS) reporting a decline of about 23%. Axie Infinity (AXS) is trading at roughly $7.03 and is the 56th-largest cryptocurrency by market valuation, having mounted a minor rebound over the past week.
Axie Infinity (AXS) is currently down 95% from its $164.90 peak, and investors are looking for a way out. Given that the bear market is not expected to stop anytime soon, the community shouldn’t have high expectations for Axie Infinity (AXS).
Flasko (FLSK) Brings Innovation To The Crypto Market
Let’s look at all the fuss as many Immutable X (IMX), and Axie Infinity (AXS) owners leave for Flasko. Flasko will create the first alternative-investment platform to enable users to purchase and trade fractionalized NFTs underpinned by bottles of the finest whiskey, wine, and champagne.
Additionally, it will work with upscale beverage firms to help them advertise their products, and early investors will have first access to new products and discounts.
Flasko offers three VIP levels or Clubs (Wine, Whiskey, and Champagne) for users who make significant investments. These have a lot of advantages and rewards, ranging from a personal account manager available 24/7 to two yearly trips to the Champagne region of France!
Flasko’s current price of only $0.099 makes it an excellent entry point for everyone. Leading crypto analysts forecast that by the middle of 2023, the price of the Flasko token will have increased by over 4,000% and reach $4.
It has high ambitions and could become a blue-chip coin. Please feel free to click on the following links to learn more about Flasko:
The post Immutable X (IMX) And Axie Infinity (AXS) Face Strong Competition From Flasko (FLSK) appeared first on Analytics Insight.