The majority of investors and crypto enthusiasts struggle to make investment decisions. But as more cryptos have emerged, people have become intrigued by their intriguing differences. Chainlink (LINK) and Gala (GALA) investors have demonstrated some strength in the bear market, however, the future definitely looks uncertain for these and it all depends on whether investor confidence can return. Flasko is a new and innovative project that has just launched its presale funding round which we believe is an amazing opportunity to get into a project early.
Gala (GALA) – decline but potential
The 2022 crypto bear market has taken a heavy toll on Gala (GALA), the native token for Gala Games’ blockchain gaming ecosystem. Gala (GALA) symbolizes the declining interest in broadly speculating on blockchain gaming. The prices of Gala (GALA) tokens reflect the flight of investors and players that has since occurred.
Gala’s (GALA) token price has plummeted 91% from its November 2021 high, dropping from $0.71 to $0.06. As interest in blockchain gaming increases, we believe that investor trust in Gala (GALA) could too.
Chainlink (LINK) – suffering in the bear market
According to the daily chart, the Chainlink (LINK)/USD pair has had a significant fall over the last 24 hours. The decline of Chainlink (LINK) has been in line with its pessimistic outlook. According to CoinMarketCap, the price of Chainlink (LINK) has decreased by 7.86% and is currently trading at $6.71. It appears to have dropped below the $7.26 support level.
Since Sunday, Chainlink’s (LINK) price appears to have fluctuated around the $8 level. The Chainlink (LINK) /USD pair has been quite bearish for the past few hours, according to the daily price chart, which also shows that the MACD is still bearish territory.
Flasko (FLSK) – is this the best investment opportunity of 2022?
Flasko, a newly announced cryptocurrency initiative, promising to create a platform for alternative investments; specifically luxury and rare NFTs of wine, champagne, and whiskey. The first to merge the alternative investments industry with the crypto industry.
They have already completed their audit with Solid Proof and the founders have committed to locking the liquidity for 33 years – removing any possibility of a rugpull. Therefore, cryptocurrency analysts have been quick to turn their attention to Flasko and predict that the token could reach $3.55 by early 2023.
We believe that this is a seriously good opportunity to get in on a project that could return significant profits to those who invest in the presale and is definitely worth checking out.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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