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Flasko (FLSK) Sees A Price Spike As Render Token (RNDR) And Loopring (LRC) Sink Lower

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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.

Follow the links below and buy into this future blue-chip coin:

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

Shiba Inu (SHIB) And Celer Network (CELR) Lack Use Cases In Comparison To Flasko (FLSK)

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Cryptocurrencies with actual use cases are closely watched by investors all around the globe, particularly if they notice rapid development amid challenging circumstances. Unfortunately, market uncertainty has slowed the growth of several popular cryptocurrencies. Investors should purchase presale tokens since investing in a growing currency at the right moment will ensure profitability.

With the recent market downturn, investors in Shiba Inu (SHIB) and the Celer Network (CELR) are migrating to Flasko.

Celer Network (CELR) On A Downtrend

On the Celer Network, through the mobile app CelerX and as a stake in liquidity backing auctions, individuals can use the Celer Network (CELR) tokens as a payment option. Lenders who stake more Celer Network (CELR) tokens earn income and are more likely to be selected as liquidity providers.

Nevertheless, the Celer Network (CELR) token’s recent performances have been dismal; it is now down 20% over the past 30 days. With this sudden price change, the Celer Network (CELR) token holders seek new projects with more potential.

The Price Of Shiba Inu (SHIB) Sinks Even Lower

Because the well-known meme token skyrocketed last year, Shiba Inu (SHIB) has likely been one of the most closely observed global coins. However, Shiba Inu (SHIB) has since encountered difficulties and is currently worth 75% less than last year. Investors are unsure if Shiba Inu (SHIB) can regain its initial enthusiasm.

The Shiba Inu (SHIB) coin is worth $0.000009394, and investors see dark days ahead. And we do not blame them; ultimately, Shiba Inu (SHIB) is a meme coin with no real-world use cases.

Flasko (FLSK) To Bring Innovation In The NFT Sector

Compared to coins like Shiba Inu (SHIB) and the Celer Network (CELR) token, Flasko has a unique distinction – real-world use case. How?

Users can purchase NFTs supported by premium champagnes, wines, and whiskeys on the first platform for alternative investments that Flasko will create. The fractionalization of NFTs, which stand in for Flasko investments, enables anybody to buy NFTs.

An enormous profit is ensured by early investment in new initiatives. Investors in Flasko may purchase the token at a bargain and make significant returns by 2023 with the current presale price of only $0.111. As various crypto experts believe Flasko may reach $3.80 in May 2023, buying now is a must!

For those wondering about security, Solid Proof has conducted an audit of Flasko, which it passed with high marks. Furthermore, team tokens will be locked for three years, while Flasko will freeze liquidity for 33.

If you invest now, you will also gain discounts and first dibs on brand-new items from high-end beverage startups that Flasko will collaborate with. If you find these perks intriguing, feel free to follow the links below:

 

Website: https://flasko.io

Presale: https://presale.flasko.io

Telegram: https://t.me/flaskoio

Twitter: https://twitter.com/flasko_io

Audit Necessary, Defends SBF on FTX Bankruptcy – Kevin O’Leary

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The Shark Tank investor Kevin O’Leary had a talk with Yahoo Finance Live on the recent FTX crisis. They talked about his opinion of SBF, his stake in the crisis, and his future intentions toward crypto.

Kevin O’Leary Says FTX Should be Audited and Defends SBF

Kevin O’Leary owned corporate accounts on FTX. In fact, he was a paid spokesperson and investor for the platform. When FTX collapse and rocked the crypto world last month, information about poor management is slowly emerging. They are allegedly mixing clients’ funds with Alameda Research, SBF’s crypto-trading arm. So, what is O’Learys’ take on the situation?

Kevin O’Leary was paid $15 million to be a spokesperson for FTX. No wonder he has nothing but nice words to say about SBF even after the collapse. Money really does corrupt. If you accept money in exchange for providing a service then shouldn’t you honor that agreement & provide the service as agreed upon?

During the interview, O’Leary said that he will get his money back from FTX. He also said that it is necessary to conduct an audit of the now-defunct crypto exchange. In one interview he believes SBF is innocent until proven guilty, but also said he has attorneys on standby ready to go to try and retrieve his lost funds on FTX.

This procedure is crucial to determine if Sam Bankman-Fried is responsible for any wrongdoing. He stated:

Keep your phasers on stun until we obtain the facts, then we are going to get that money back. Who’s going to jail? I am clueless. Who was dishonest? I am clueless. But I’ll investigate.

He further added:

I belong to the camp of individuals who believe that you are innocent until proven guilty. That is what I think. And I need the details. Therefore, if you tell me that you did or did not do anything, I will trust you until I discover that it is untrue. Right now, SBF is being attacked by people all over the world, accusing him of being a fraudster. People are stating that the money was stolen and buried elsewhere. If we have no mechanism to audit it, how can anyone know that?

O’Leary believes that even though FTX is in a horrible state now, it is still 100% auditable. Blockchain technology is built for financial transactions and this is exactly how we will use it.

Once they perform the audit, the truth will surface. By then, they can prosecute whoever broke the law. In the meantime, Kevin O’Leary suggests that we should not make baseless claims about SBF until we have the facts.

O’Leary says innocent until proven guilty. It is great in theory. However, there are many individuals who lost all their savings and life to FTX. Can these individuals bounce back is still a mystery.

Recovering the fund would be a miracle. How is it possible for them to wait until the audit result is out, and wait for a court ruling? The best way to move on from this chapter is to conclude it immediately and seek a better exchange.

Hilarious watching two very different conclusions these people have to the SBF/FTX scam:

Joe Rogan, no crypto experience eating shrooms live on air understands it was a ponzi.

Kevin O’Leary, professional fund manager paid $15M by FTX needs more info & would invest in SBF again.

Coinbase Asks Users to Switch USDT for USDC

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Coinbase Exchange has REMOVED ALL FEES on the $USDT for $USDC trading pair. They are encouraging people to “switch to the trusted and reputable digital dollar”.

USDC is backed by US government treasuries and therefore “risk free” whereas USDT is backed by some US government treasuries, commercial paper and other investments, therefore not risk free.

The events of the past few weeks have put some stablecoins to the test and we’ve seen a flight to safety, Coinbase said in blog post published Friday morning Asia time. We believe that USD Coin (USDC) is a trusted and reputable stable-coin.

Coinbase tweeted, Tether was the first stablecoin in the world and has been trusted by millions around the world since its inception. In fact if you ask people outside a narrow group in the US they’d pick tether over USDC.

Both are stablecoins. You give one fiat dollar— you get one virtual dollar. They differ on if they can give your fiat dollar back when you ask for it. $USDT had first mover advantage, $USDC has the trust and transparency that people need at this time, But never forget USDC can blacklist you on command.

Circle, continues a long pattern of false & misleading public statements. In November, Circle wrote they’d file audited financials showing profits – they didn’t. Coinbase pushes USDC they’re literally invested in Circle.

It seems they have been paying firms to pump USDC market cap. Always beware when companies offer free stuff. The door in is usually big, but the door out is small.

Days after the FTX collapse, Tether (USDT) was knocked off its peg and traded as low as 93 cents. The majority of trading pairs on exchanges have returned to $1, though CoinGecko data shows that it continues to trade at 99 cents on some pairs at Binance.

Better to increase USDC trading pair volume on Exchanges so everyone can be shifted to USdc or busd or dai on their own. Busd have volume in Binance, USDC have volume in Coinbase but USDT have volume on all exchanges, USDT can’t collapse, Clark wrote on Twitter.

Meanwhile, Users of Coinbase Wallet are experiencing some hiccups while trying to trade on the platform.

Icarium said;

Coinbase mobile iOS app completely down? Not working it logged me out

Is USDC becoming another AllaireCorp Spectra?

When Nigeria Becomes A Member of G5

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Goldman Sachs puts out these documents and many rejoice. But what is not written tells the bigger story. If one country has 10 people and each performs an economic activity modeled as $100, you can say you have $1,000  total economic value created. But another country has 1000 people and each runs $2 activity, the total value becomes $2,000. In the GDP ranking of nations, the latter will be on top of the former because $2,000 > $1,000. Is that the whole story?

The latest report of Goldman Sachs is partly modeled on the hypothesis that having more people, no matter how productive, can generate more aggregate of economic activities which will translate to higher GDP. That is why Nigeria is expected to become a member of G5 in fifty years, the top-five largest economies.

But being real, you will ask: what are the anchors and pillars that will take Nigeria to the next level? You posted an article with Kunle on WhatsApp/FB/LinkedIn; the responses came. You posted the same article as Adamu; a completely different response came. Then you posted the same as Ndubuisi;  entirely new responses emerged. Check – the citizens started reading  from the author’s name, unbounded from the points made in the posts. How can a nation progress with that mindset?

Do you agree with Goldman Sachs?

Comment on Feed

Comment 1: Going by history of hypothetical projections layered on the previous models of Goldman Sachs, it will be wise to agree with them.

However, recent machinations and nationalist trade policies of countries like the U.S, the projection might be shaken in terms of when China will overtake the U.S as the largest economy. For instance, China’s aging population and America’s continued green card program can make a difference.

Also, U.S democratic tenets versus China’s increasing autocratic state could change the dynamics in the long run. Especially as it concerns attracting relevant skills and creating of local unicorns which Will largely define countries level of growth and national security dynamics.

Again, lessons from the Ukraine war and the increasing need for nations to form alliance with NATO where U.S calls the shot could be a major destabilizing factor.

More so, the U.S have proven to be laser focused on competing with China (essentially to delay or deter china from growing above U.S economy) and with the fervency with which the competition is shaping up, there might be likelihood of conflict which might nullify this projections.

So, without sound gloomy, 50 years from now might witness a regional or third world war which could disrupt the current model.

On the flip side, you have consistently maintained that Nigeria needs a new playbook focused on production mechanisms leveraging on entrepreneurial capitalism to leapfrog development, beyond the numbers.

While there is still time to get the right policies to match this level of growth, we need to begin now.

Overall, the projections seem plausible. Nigeria can achieve greatness within that timeframe.

Comment 2: Well, GS did its projection based on population growth, and not on productivity. So it’s possible that by 2075, Nigeria’s population will be about 500 million, with probably $5 trillion GDP. This might put it among the G5, yet with a big BUT.

It’s not like Nigeria’s GDP will climb to $20 trillion by 2075, so it’s more or less like finishing top of the class, without anyone asking you who you competed with, the quality and quantity.

Since 2014, we were proclaimed a $500 billion economy, almost ten years after, we are still a $500 billion economy. That should tell you all need to know about this geographic space called Nigeria.

Most of us are dead by 2075, so we might not be around to argue if it’s correct…