Cosmos (ATOM) Is Hit By The FTX Hammer, The Hideaways (HDWY) Attracts Investors

Cosmos (ATOM) Is Hit By The FTX Hammer, The Hideaways (HDWY) Attracts Investors
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Cosmos (ATOM) At Bearish Level Caused By FTX Decline, The Hideaways (HDWY) Gains Massive Developments

The recent market plunge triggered by the FTX bankruptcy created an uncertain domino effect that damaged major coins, particularly the scaling coin with a remarkable track record in creating massive returns, Cosmos (ATOM)

Due to the recent dip, Cosmos (ATOM) is losing its ground against the ongoing rising coin  The Hideaways (HDWY), a brand new real estate crypto coin that could revolutionize the world of crypto.

Cosmos (ATOM) Drops, Bulls Give Up

Cosmos (ATOM) has seen some drastic changes in the development of its network as it fights for survival after the recent Binance bailout of its crypto exchange rival FTX, causing the market value of the cryptocurrency to shift from side to side.

Despite obtaining a new mark of $15, data from Binance state that the network's growth was cut short by the fallout that surrounds the crypto market. The past few days have been filled with disturbance for the Cosmos (ATOM) platform, struggling to keep its heads up in its support level.

The market scare caused Cosmos (ATOM) bulls to withdraw their holdings in fear of capital losses. In addition,  The Hideaways (HDWY) entices the coin bulls and supporters amidst the FTX decline.

Cosmos (ATOM) Price Analysis On FTX Decline

Cosmos' (ATOM) market price loses its grip on the demand level of $13 as the coin's price trades at a low rate of below $10. According to market analysts, the cryptocurrency could experience another blowout if the effects of the FTX decline are not addressed appropriately.

The altcoin's price has been in an up-and-down movement , hitting a $9.5 mark before bouncing back to the $10 support level, unlike  The Hideaways (HDWY) with a constant upward movement and gains development, with the token currently available for a discounted $0.10.

The crypto's price trades below the daily 50 Exponential Moving Average (EMA) as Bulls are on their chairs before purchasing the crypto. That said, Cosmos (ATOM) is viewed to create another comeback if it gains steam and rises above its support level.

The Hideaways (HDWY) Steam Rolls Over Cosmos (ATOM)

Investors and traders found hope as  The Hideaways (HDWY) gained massive steam amidst the surging FTX contagion that devastated the crypto market. Crypto experts suggest purchasing the token as it provides remarkable investment returns that could benefit every investor's portfolio this 2023.

What makes the project so enticing is that it is the first platform to link crypto investing to luxury real estate investing. To add more info, investors can acquire these real-world properties by just purchasing a fractionalized NFT directly into the platform.

 The Hideaways (HDWY) is currently sitting at a $60 million market cap and a small trading price of $0.10, opportunity growth is far beyond what any investor can imagine as it looks to deliver more than 40× investment returns by the year 2023!

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