The protracted bearish market sentiment that has defined 2022 has obliterated the gains most cryptocurrencies made during the height of the industry reaching all-time highs across the board in 2021. Leo Token (LEO) and Chiliz (CHZ) are prime examples of cryptocurrencies that have seen substantial declines leading investors to hedge bets in newer investment protocols with much higher potential to grow exponentially in price. Flasko is one of those investments. Let’s explore these cryptocurrencies in this article.
Leo Token (LEO): performing reasonably well in 2022 despite recent struggles
Leo Token (LEO) is the native currency powering the ecosystem of cryptocurrency exchange Bitfinex. Leo Token (LEO) has largely bucked the trend unlike most cryptos in 2022, but its price has since stalled at the $5-6 levels since July.
Needless to say, Leo Token (LEO) holders remain optimistic given Leo Token (LEO) just hit its all-time high of $8 last February – but as crypto winter continues, Leo Token (LEO) holders are expected to receive diminishing returns. Unsurprisingly, Leo Token (LEO) investors are looking to high-potential cryptos like Flasko to hedge their positions.
Chiliz (CHZ): down 77% from all-time highs
Chiliz (CHZ) is another established cryptocurrency most known for its partnerships with well-known sports teams, with the Chiliz (CHZ) infrastructure supporting the fan tokens of partners like Paris Saint-Germain and Manchester City. The partner teams use the Chiliz (CHZ) project’s Socios platform to enable fan interactions. Fans can use the Chiliz (CHZ) token to buy merchandise, attend events, and access team-themed collectibles.
Chiliz (CHZ) is trading at $0.20 as of this writing, a 77% decrease from its March 2021 all-time highs of $0.87. That said, Chiliz (CHZ) investors who bought near or at the top are looking for ways to hedge their tricky positions with crypto projects with infinitely higher potential to go parabolic – such as Flasko.
Flasko: presale sensation might be the sleeper crypto pick of 2022
Flasko has drawn attention from crypto investors who can spot a token with the potential to appreciate in value. We agree. After all, Flasko is a unique alternative investment platform that enables everyone to hedge their losing bets or make a profit on the rare wines and liquors industry – an industry set to grow to $1.4 trillion by 2027.
Flasko launched its presale a couple of weeks ago at $0.015 – and prices have now climbed to $0.025. It’s early days if you want to get in on the Flasko action, though; seasoned crypto analysts predict Flasko to potentially 30x by mid 2023. Investors can be sure of the Flasko team’s commitment to the project being a success, thanks to Flasko passing a full audit by Solid Proof with the Flasko devs locking platform liquidity for the next three decades.
In our opinion, Flasko is a sleeper candidate for the best new crypto of 2022, offering investors a chance to get in what is sure to be a highly-touted project.
Don’t miss a unique opportunity to get in on the ground floor of a project predicted by experts to go to the moon!
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