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Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]
Sep 24, 2022
Investors of the virtual real estate cryptocurrency Decentraland (MANA) and Sandbox (SAND) are losing hope following analysts predicting a 60.00% drop for the two tokens by the end of this year.
In the ICO market, The Hideaways (HDWY), which offers more practical and utility gains than Decentraland and Sandbox looks set to pump hard. Analysts project that it will boom by 7,000% to 9,000% by the end of 2022.
The 3D virtual real estate metaverse has not recovered even though most parts of the crypto market have shown signs of revival.
In the third week of August this year, the price of Decentraland’s native token, MANA, had plunged by more than 21.00%.
At the end of last month, it traded at $0.85, which is down by 85.60% from its record high of $5.90. On September 18, it plummeted even more and traded at the lowest price of $0.74, breaking the support zone of $0.75.
In the previous seven-day period, the digital asset tumbled by 7.69%, following a sharp drop of 18.66% over the past 30 days. This bearish momentum is forecasted to continue for the rest of this year until 2023.
Thus, MANA’s holders had flipped their investment to The Hideaways (HDWY), which is forecasted to have a long-term bullish trend and tagged as the most profitable real estate crypto asset in 2022 and 2023.
After the recent crypto crash, the 2D gaming real estate cryptocurrency has continued to be dragged down by the current murky macroeconomic environment.
The price of Sandbox’s native token, SAND, declined by 10.00% in the previous week, following a nine-month decline. Besides, it sharply slid by 84.52% year-to-date.
As of September 2022, it is trading at $0.90, falling from its peak price level of $8.38.
Due to the Federal Reserve’s commitment to increase the interest rate hike until the United States inflation cooled down, analysts projected that Sandbox would further decrease by 30.00% to $0.60.
With a prolonged economic slowdown brought by the ongoing war in different parts of the world coupled with the disruptions driven by the never-ending coronavirus pandemic, crypto experts predicted SAND to plunge another 60.00% to $0.19 by the end of this year.
This projection was a massive turn-off for traders who invested in the ongoing presale of The Hideaways (HDWY), which has been so popular in the crypto-land space.
Unlike Decentraland and Sandbox, The Hideaways offers possession of the fractionalized non-fungible token (NFT), which is 100% backed by real-life luxury properties.
This allows investors to purchase a part of realty for as little as $100, paving the way for global property investment on the blockchain.
A massive bonus offering is available for this weekend only, with investors who become a VIP tier member (starting at $2,500) having their total HDWY token holdings uplifted by a massive 50%
Already an investor? Jump up a VIP tier and they’ll do the same for you.
This is the biggest bonus offer we’ve ever seen from an ICO stage token, so it’s little wonder that the offer is selling quickly. The project has already reached 50% ownership, so there’s limited investment space remaining and investors will need to move quickly to take advantage.
This new real estate project has partnered with huge property and accountancy companies to guarantee 100.00% transparency for its users.
Crypto experts believe that The Hideaways is the best early investment opportunity for 2022 and 2023, with a starting price of only $0.01 on its ongoing presale event.
Furthermore, HDWY is forecasted to increase by more than 10,000% once it hits the market after launch.
Website: https://www.thehideaways.io
PreSale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
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