Shiba Inu and Cardano continue to remain some of the best cryptocurrencies in the market to this day. They are consistently in the top ten of cryptocurrencies in the market, with Shiba Inu also becoming the biggest meme cryptocurrency in the entire market.
But as both of these cryptocurrencies continue to plummet to new lows, many are speculating about who will come up and take the place of these two old and reliable cryptocurrencies. And for the most part, the market has spoken, as the newest fan favorite cryptocurrency happens to be Flasko.
Due to the current downward trend of the entire market, Shiba Inu and Cardano have both had a hard time making it by. Cardano has especially seen its prices drop, as the company continues to struggle against the many promising projects that are coming along right now.
Shiba Inu Less Likely to Reach its All Time Peak
Shiba Inu remains one of the biggest meme tokens in the market right now and happens to be one of the most lucrative coins for the most part. But as various cryptocurrencies start to enter the market, it is becoming very obvious that Shiba Inu will not be able to reach its real price any time soon. If anything its prices are currently plummeting, and all of the investors are struggling as a result.
While Shiba Inu did start out as a meme coin in 2020, it was able to grow into a very widely respected cryptocurrency that has garnered respect from various veterans of the industry. The fact that it started out as a meme coin was not even a secret, as some of its biggest whales, which included the likes of Elon Musk, called it a meme coin with pride.
While Shiba Inu did show some impressive growth throughout its early days, its most recent performance has been disappointing, to say the least.
Cardano Investors are not holding on
Cardano was another major cryptocurrency that continued to struggle despite it playing all of the right cards. For the most part, Cardano did not make any foolish decisions and was rewarding all of its investors very well.
However, as the entire market hit a slump, one of the first cryptocurrencies to really struggle as a result was Cardano. And as this cryptocurrency continues to plummet without showing any signs of recovery, investors are losing faith.
Flasko is One of the More Impressive Investment Opportunities
Apart from a wide range of investment opportunities, it is becoming very obvious that Flasko is the current Golden Boy of the market. Not only is it offering better returns to investors, but it is also offering better rewards to the people who decide to stay.