Is It Over for Dogecoin (DOGE) and Shiba Inu (SHIB)? Meme Coins Being Ditched in Favor of Flasko (FLSK)

Author: Coinpedia

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Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Between 2021 and 2022, it’s safe to say that meme coins have had their day in the sun – the rise of Dogecoin (DOGE) and Shiba Inu (SHIB) last year was proof positive of the speculation and frenzy that surrounded them.

    Fast forward to today, where meme coin mania is firmly a distant memory, and Dogecoin (DOGE) and Shiba Inu (SHIB) are struggling mightily under the bear market, and whose investors are ditching them in favor of projects with real use cases and asset backing.

    One of these cryptocurrencies is Flasko – which has all the qualities that make a solid investment with a lot of room to make a big run.

    Dogecoin (DOGE): down 90% and losing meme momentum

    Dogecoin (DOGE) is the original meme coin initially developed as a parody of the wild speculation that surrounded the crypto space in 2013. Since then, Dogecoin (DOGE) has risen all the way to the top 10 cryptocurrencies by market capitalization – but the crypto winter of 2022 has obliterated any sort of momentum it once had and exposed its flaws. Dogecoin (DOGE) has long been criticized in crypto circles due to its uncapped inflation, seriously hampering its price potential.  True enough, Dogecoin (DOGE) has lost nearly 90% in value since the height of 2021 meme coin speculation – with Dogecoin (DOGE) investors looking elsewhere after aggressive rate hikes by the Fed. Steer clear.

    Shiba Inu (SHIB): hype all frosted over in crypto winter

    Shiba Inu (SHIB) is a meme coin that followed in the wake of Dogecoin (DOGE) and its successes in the crypto market. And for all the talk of Shiba Inu (SHIB) and its mythical rise in 2021 – to the tune of 46,000,000% – all the hype that pushed it to the top is gone as investors turn away from speculative investments and meme pumps in favor of more solid, sustainable, and asset-backed projects. One of the things that keep Shiba Inu (SHIB) from gaining more investor confidence is the fact that Shiba Inu (SHIB) founder, Ryoshi, is anonymous. Worse, he left Shiba Inu (SHIB) earlier in 2022. Not exactly something you’d want to invest in during a bear market, is it?

    Flasko: solid fundamentals, transparency, and plenty of room to grow

    Flasko is what Shiba Inu (SHIB) and Dogecoin (DOGE) investors tired of chasing memes are investing in. Flasko is an alternative investment platform offering solid fundamentals, a dedicated development team that locked Flasko platform liquidity for 33 years, a fully audited smart contract from one of the most reputable firms in the business (Solid Proof), and real asset backing with rare wines, whiskeys, and spirits painstakingly sourced from all over the world – all of which constantly increase in value.

    Flasko is going where no blockchain protocol has – in an industry worth trillions of dollars in value. If you’ve been waiting for a chance to invest in rare whiskeys, wines, and spirits, Flasko is your one shot in doing so. There’s no better time to participate in the Flasko presale than now.





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    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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