If you are invested in Ripple (XRP) and Cardano (ADA), chances are your crypto portfolio barely made good cash this year.
The year's not yet over. XRP and ADA are posed to some more retracements before the end of 2022 as investors turn over to the presale token The Hideaways (HDWY) which has been predicted by many leading analysts to achieve growth of over 20,000% in 2023.
Ripple (XRP) is failing to keep its price steady at the $0.50 level. This zone is often met with a huge selling pressure from investors wanting to reinvest in projects like The Hideaways (HDWY).
Ripple (XRP) declined 0.70% to $0.45 in the latest charts. Analysts say XRP's multiple rejections in the $0.50 resistance could have a negative long-term impact on the price and open an opportunity for $0.30.
The recent price dent happened despite the community agreeing for the Ripple (XRP) network to support non-fungible tokens on October 31.
This year has been difficult for many crypto majors including Ripple (XRP) as it continuously battles against the legal case filed by the SEC.
Ripple SEC update – the case looks like it may fall in Ripple's favor but there are better investment options available to you for 2023.
Cardano (ADA) is walking on a tightrope after falling below $0.40. ADA shed another 0.80% to $0.39 – a critical support zone.
In a recent interview, Cardano (ADA)'s founder said great cryptocurrencies have to go through periods of collapse. Although he did not make it clear if the statement is made to address Cardano (ADA)'s underperformance this year, crypto fanatics say it could be.
Cardano (ADA) is not living to our expectations, with the price down 80.80% year-on-year. It stayed in the red for the most part of October and ended the month with a 9.04% fall. This weakness could not be attributed to the weakness in the broader crypto market as The Hideaways (HDWY) is set to achieve huge growth in 2023.
Analysts are increasingly becoming supportive of The Hideaways (HDWY) over Ripple (XRP) and Cardano (ADA).
It launched last month and has become extremely popular thanks to the project's ability to combine crypto and real estate investment. The project are making real estate accessible to everyone and the project is going to benefit as a result. You now have the ability to be invested in mansions all over the world at just the click of a button!
The Hideaways (HDWY) give investors a good number of opportunities to make good money. The project generates monthly rental yields from its luxury real estate acquisitions which it redistributes to investors in USDT and ETH.
Staking reward is also high, with an estimated 90% APY – this could further increase upon its launch on decentralized exchanges this November.
The Hideaways (HDWY) is the crypto project you don't want to miss in this bear market. Secure your tokens before the price rises tomorrow and make the most of your gains!
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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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.