Shiba Inu (SHIB) And Solana (SOL) Investors Move To Presale Token Flasko (FLSK)

Many new coins have entered the crypto space, with the majority of them being disastrous flops. To be successful, a crypto project must have the perfect time, the genius idea, the great solution, the ideal team, and one more thing: a lot of excitement. Cryptocurrencies cannot exist in the absence of excitement.

Timeline of , Shiba-inu, Solana

Solana, the fastest-growing cryptocurrency ecosystem and blockchain in the world, has dropped by 6.54% in the last week. Moreover, the price continued to decline by  1.07% in the past 24- hours. As the bulls and bears haggle between the 8-day exponential and 21-day simple moving averages.  The Solana price is now auctioning at $32.

We have about three months left, yet many are still searching for the best crypto investment in 2022. At the start of the year, the entire market cap of digital currencies was around $2.26 trillion. But currently, we are sitting at roughly $1.03 trillion, less than half the value.

SHIB's burning mechanism continues to see new heights, and  at the time even reaching rates in the four-digit mark. Different aspects ranging from buying sprees given the discounted prices to the latest upgrades in its ecosystem aided the token's growth.

SOL is currently not performing quite well, which is an expectation considering the lingering bear market. The asset has struggled to keep its head above the $35 zone, hanging on by a thread.

A new Burning Protocol powered by Shibburn would be introducing Shiba Inu to millions of new investors while setting fire to tens of billions of SHIB Tokens. The well-known SHIB Burn tracking website, Shibburn.com, has announced its plan to launch its official Radio app on Alexa Skill, iOS, and Android.

While Bitcoin is facing a downfall, so do other currencies including meme coins like Dogecoin and Shiba Inu. Shiba Inu has recently emerged as the most talked about cryptocurrency in the system. One of the reasons for SHIB to gain such traction is due to its token-burning campaign which has reached new heights.

The meme coin currently under the spotlight for its token-burning campaign hit a new burn rate high this Monday. Shiba Inu, the dog crypto, burned close to 200 million coins within the last 24 hours.

The overall crypto market has yet again dropped below the $1 trillion mark and is now positioned at $996.5 billion, and several major cryptocurrencies have lost their crucial levels and dipped massively. SHIB Inu is no exception to this.

Over 1.3 trillion Shiba Inu [SHIB] tokens have been accumulated following the 6% dip in price as of 13 September. According to a SHIB watchdog, ShibaPlay, transactions had been going on in hundreds of millions since the second most valuable meme coin lost hold on crucial support levels.

The recent sell-off in the crypto market offset the prior recovery in Solana price. The buyers currently stall this downfall at local support of $32.7, but the low volume activity in their attempts keeps the correction threat on the table.