What’s The Best Coin To Buy? Dogecoin (DOGE) Vs. Cronos (CRO) Vs. The Hideaways (HDWY)

What’s The Best Coin To Buy? Dogecoin (DOGE) Vs. Cronos (CRO) Vs. The Hideaways (HDWY)

While the cryptocurrencies appear to be significantly under bearish pressure, Dogecoin (DOGE) and Cronos (CRO) are trying their best to recuperate, while The Hideaways Black Friday presale attracts massive whales.

Since most assets have suffered severe losses, and the weekend not providing any big moves, it's best to side with coins with long-term potential.

To know which coin will benefit you most, our analysts have broken down the following.

Dogecoin Price Boosts Thanks To Elon Musk

Analysts believe that the Dogecoin (DOGE) price is on the verge of reaching the ultimate collapse stage when a decline of around 87% is certainly possible. Since the asset has maintained a strong downward trend for more than a year, the low pressure is anticipated to worsen quickly.

In addition, if the price of Dogecoin continues to decline, it may eventually reach the range of $0.014 to $0.01 it traded at the start of 2018.

However, since the year's beginning, the price of DOGE has increased by roughly 4,889%. Due to its popularity and accessibility, DOGE offers a lucrative career path. Earlier this year, DOGE gained notoriety due to Elon Musk's tweet, which reaffirmed his support for this cryptocurrency and allowed it to make actual gains.

Cronos Drops From ATH

The lower trend line that Cronos's (CRO) price has been trading along since the start of the 2021 trade has now been breached. Around $0.089929, the price started to decline and hit the key support levels.

After a brief period of consolidation, the price plummeted sharply, and the next leg down could potentially cause it to lose the $0.1 support.

At the time of publication, CRO was trading for $0.074464. Since reaching an all-time high of $0.965407 in November 2021, Cronos has lost about 93% of its value.

However, CRO is suffering from a 45% monthly decline, bringing it close to the bottom of a parallel channel that has been decreasing and acting as support for most of the year. Now might not be the time to buy CRO.

The Hideaways Promises Secure Investment

In terms of cryptocurrencies, The Hideaways (HDWY) is showing promise. The opportunity to invest in luxury real estate anywhere in the globe can be had for as little as $100.

Investors can profit more from HDWY NFTs than they would from more conventional real estate investments since a tangible asset backs them.

Investing in The Hideaways (HDWY) is risk-free as long as

  • During two years, team tokens are locked.
  • SolidProof approves The Hideaways' smart contract.
  • For the next millennium, liquidity is locked.

These elements are completed by The Hideaways (HDWY), guaranteeing the project will flourish and grow in the years to come. By January 2023, our analysts project that the HDWY coin will be valued at $1.

Buy HDWY tokens for a small fraction of what they'll be worth in 2023 and beyond.

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.

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