The FTX collapse has seen the price of Ripple (XRP) and Cardano (ADA) struggle to outpace their support zones – XRP and ADA remain grounded below $0.40 and analysts say they will stay within this line for the time being.
Investors in Ripple (XRP) and Cardano (ADA) have been selling in favor of The Hideaways (HDWY) – a project that is still rising despite the FTX collapse, with a price rise imminent.
Ripple (XPR) is not getting the backing of the entire financial markets industry, after all. FinTech company InvestReady has recently filed for court approval supporting the US SEC's bid to consider XRP a security asset.
The news sent Ripple (XPR) 5.04% lower to $0.37. The price is down 25% in the last 7 days which gave investors a signal to buy into The Hideaways (HDWY) to recur losses.
Aside from its legal dilemma, Ripple (XRP) is one of the most actively traded coins on the FTX platform – the exchange's impending collapse means that the price is up for bigger retracements this November.
Cardano (ADA) hits all the right notes with its NFT and smart contracts department. But the price is not reacting well to the recent developments.
Cardano (ADA) is trading at $0.34 which is below its cycle low of $0.40. The price has declined 20% over the last 7 days – at the same time when network activity hit above 10,000 transactions.
Analyst forecast gives Cardano (ADA) a sell rating. Agreeing to expert advice, many investors turned to The Hideaways (HDWY) – a project that has already sold over 60% of its presale tokens just a month after launching.
Cardano (ADA) is having an underwhelming performance for 2022, with the price down 83.22% year-over-year. It struggles to keep pace with rival Ethereum (ETH) which is up 38% against ADA over the same timeline.
Investors choose to put their trust in The Hideaways (HDWY) more than Ripple (XRP) and Cardano (ADA) as the FTX collapse news impacted the Ripple (XRP) and Cardano (ADA) price.
The Hideaways (HDWY) is the first crypto project to tap into the trillion-dollar potential of the luxury real estate market and crypto experts have highlighted it as a project that could lead to the widespread adoption of crypto – this is a project with the potential to be a top 5 cryptocurrency by 2025.
By selling NFTs that are backed by real-world luxury properties, The Hideaways (HDWY) ensures you are getting the most stable and high-yielding investment available in the market today.
For as low as $100, investors get a chance to earn passive income aside from a potential 16,000% projected price hike target for HDWY this year.
Investors who are able to invest more than $10,000 will be rewarded with an industry leading VIP scheme that includes:
The Hideaways (HDWY) currently sells at a low price of just $0.072. Don't miss your chance to pick up what has the potential to be the best crypto investment of the decade!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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