The Sandbox (SAND) and Chainlink (LINK) are unique cryptocurrencies with distinctive catalysts. The Sandbox is a metaverse blockchain with SAND as its native token and has had an impressive rally for some time, where it surged about 100x to a recent all-time high. On the other hand, Chainlink (LINK), as an oracle network, is aimed at allowing the integration of blockchain networks with off-chain data.
Several investors might have noticed that these two tokens outperformed certain top coins and provided substantial gains during the previous bullish market rallies. But both tokens were still part of the cryptocurrencies affected by the market decline that has been ongoing in the past month. For this reason, investors are keen on rising and new alternative cryptos like Flasko, which is set to provide substantial profits even during a market decline.
The Sandbox (SAND) Investors Find Alternative Investments Amidst The Market Crash
The Sandbox (SAND) is a world-building platform based on blockchain technology, and is mostly seen as an asset that people can buy low and sell high for profits. At press time, Sand, as the 46th largest cryptocurrency by market capitalization, had a price of $0.072 after one day fall of -2.75% and a -7.72% fall in the last seven days.
This decline of this cryptocurrency can be attributed to the fall in prices of The Sandbox (SAND) virtual land. According to reports, The Sandbox (SAND) virtual lands fell by a quarter in the past nine months, and this requires caution from investors who intend to invest in this crypto.
Also, the price drop of The Sandbox (SAND) can be directly linked to the general cryptocurrency market decline. As an altcoin correlated to market trends, its price would be brought down by current bearish sentiments in the whole cryptocurrency industry.
Chainlink (LINK): Bearish Future Continues
Chainlink (LINK) currently trades at $6.63 after a price depreciation of -1.71% in the past day. A significant cause of this could be the high declining rate of whale transactions and active addresses, just like how traditional investors are losing interest.
Whale’s decline in interest could negatively affect Chainlink (LINK), as shown by the chart’s continued downtrend. From this, analysts can infer that the interest in new addresses transferring LINK is declining. When put together, both factors can let analysts and investors foresee bearish sentiment for the future of Chainlink (LINK) and so search for alternative investments.
Flasko (FLSK): Set To Provide Substantial Returns Amidst Declining Market
Flasko is a new alternative investment that would let investors invest in fractionalized and minted NFTs backed by rare and luxury wines, champagnes, and whiskeys. This market is proven to increase in value and provide substantial investment returns.
With a successful Solid Proof audit and liquidity to be locked for 33 years, Flasko is a secured long-term investment. After the success of the first stage of the presale, the second stage is ongoing for a price of only $0.065, and analysts predict that it could provide more than 4,000% returns.
If you are interested in Flasko’s unique value proposition and project, check the links below to learn more about Flasko and join the second phase of the presale.
Website: https://flasko.io
Presale: https://presale.flasko.io
Telegram: https://t.me/flaskoio
Twitter: https://twitter.com/flasko_io
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
