Will the FTX Collapse Impact the Ripple (XRP) and Cardano (ADA) Price?

The Hideaways Cardano Ripple

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 (XRP) Encounters a Roadblock on its Legal Battle

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) is Hitting all the Right Notes, But the Price Struggles

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 Take The Hideaways (HDWY) Over Ripple (XRP) and Cardano (ADA)

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:

  • Free 5* holidays, including flights
  • Global concierge platform worth over $50,000
  • Discounted luxury travel experiences
  • 1 free private jet flight per year

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

HDWY

Join our WhatsApp and Telegram Community to Get Regular Top Tech Updates
Whatsapp Icon Telegram Icon

Disclaimer: Any financial and crypto market information given on Analytics Insight are sponsored articles, written for informational purpose only and is not an investment advice. The readers are further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Conduct your own research by contacting financial experts before making any investment decisions. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims. We do not represent nor own any cryptocurrency, any complaints, abuse or concerns with regards to the information provided shall be immediately informed here.

Close