In the previous weeks, Bitcoin (BTC) and Ethereum (ETH) have watched horrors in the wake of the FTX collapse. While it is excruciating for leading tokens, the blowup of the multi-billion-dollar exchange has pushed holders to The Hideaways (HDWY) as the market looked for better hedge potential.
The fallout from the FTX disaster devastated Bitcoin (BTC) as investors flew out of their holdings. The world's largest cryptocurrency has slumped 13.20%, falling over the $16,638.40 mark.
In addition, analysts even pointed out that Bitcoin is at risk of a massive decline to $11,800 in 2023 as the crypto winter could be prolonged.
Accordingly, market participants absorb recent events stemming from FTX's bankruptcy and the latest revelations about the exchange's mismanagement.
Crypto enthusiasts have cited that the underperformance of Bitcoin (BTC) will remain until the bulk of uncertainty has cleared up.
Conversely, The Hideaways (HDWY) found its way out of FTX chaos as traders hopped in towards the project, supported by its resilience on extreme bearish sentiment.
Ethereum (ETH) followed the domino effect following FTX's collapse, marking dismal forecasts. In light of the recent events, ETH has plummeted 5.70% to $1,211.25 over the past month.
The consequences of FTX's fall do not stop on the exchange itself. Consequently, its implosion spread an effect throughout the crypto world.
Surprisingly, presale superstar The Hideaways (HDWY) retained a steady standing despite the crisis, thanks to its permanently locked liquidity.
Meanwhile, FTX's failure will ultimately stave off big players like Ethereum (ETH) from uptrends, predicting ETH to sit at $479 at least through 2023.
Bitcoin (BTC) and Ethereum (ETH) holders have found a way to save their money through The Hideaways (HDWY), a safe haven from the FTX-stricken market.
A great triumph that makes The Hideaways is the potential massive gains it can deliver amid its small market cap of $45 million, notably smaller than BTC and ETH.
The Hideaways (HDWY) is the first to tap into the luxury real estate market by minting fractionalized NFTs, allowing traders to invest in real-world properties and obtain passive rental income.
Another reward is that investors could grab up to 40x ROI once partnered with HDWY. In addition, the real-estate project ensures your safety as it has passed a security audit from the German company Solidproof to assess the efficacy and reliability of the procedure.
Break the chains of the bear market by starting your journey with The Hideaways (HDWY) today!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.