Although the cryptocurrency sector is rapidly increasing, one of the main drivers of this growth is the value that each project’s supporting infrastructure initiatives provide. Polkadot (DOT) and Polygon (MATIC), two cryptocurrency initiatives that have developed their blockchains, are undoubtedly dominating the market. However, the blockchains built by new cryptocurrency ventures like Flasko are more competitive.
Polygon (MATIC) Investors Are Hopeful
The community of Polygon (MATIC) applauds the news that the project will take part in a fresh round of funding for a Web 3.0 business. The price of Polygon (MATIC) increased by 4.89% to $0.77 in response to the news, demonstrating the community’s support for the management’s most recent action. The same session saw a 12% increase in trading volume to $333 million.
One of the most important projects in the cryptocurrency world as of this writing is Polygon (MATIC), which has a market valuation of $8.7 billion.
Polkadot (DOT) Investors Are Still Holding On To Their Investments
Polkadot (DOT) has not been very active this year. The native token has decreased by 80% since the previous year. Furthermore, the current price of $6.25 represents an 88% decrease from the item’s all-time high of $55.08 in November 2021.
The coin still has a lot of promise. The second-most active developer community is now on the Polkadot (DOT) network. Developers for Polkadot (DOT) process 11,000 activities each month. A $1.5 billion Total Value Locked recently sitting on the network’s popular parachains demonstrates how well-liked it is among the community.
Flasko (FLSK) Presale Has Been Successful
Flasko has developed an alternative investment approach for cryptocurrency traders and investors that enable them to participate in the constantly expanding market for fine wine, whiskey, and champagne NFTs, backed by real-world inventory that is steadily growing in value.
The possibility of new low-cost initiatives like Flasko should be taken into account by investors. Experts have not only forecast that these current protocols would yield higher returns, but investing in them will also give investors a chance to participate in the $1.4 trillion rare wine, whiskey, and champagne market, which is constantly expanding.
To determine the protocol’s viability and security, the German company Solid Proof has already audited the platform. The project’s developers have also made sure that it would provide everything needed for investors to help it become a Blue Chip company over the coming years.
For long-term, more significant payouts, we advise you to invest your money in the protocol’s tokens right now.
Source : Cryptodaily