The FTX collapse tests how quickly crypto majors could recoup losses. Sadly for Avalanche (AVAX) and Litecoin (LTC) holders, sellers continue to outweigh buyers in the latest charts.
The Hideaways (HDWY) is turning out to be the unexpected savior during this time, with analysts giving the new crypto a projected 1,500% price hike before the end of its presale event.
Avalanche (AVAX) Updates Double-digit Losses
Avalanche (AVAX) gets a massive price correction from the FTX fallout. AVAX declines 10.33% to $13.26 in the latest charts – investors who entered the trade 7 days ago suffer a bigger loss, seeing their ROI decline by 32%.
Avalanche (AVAX) has been struggling to find a footing lately. As the uncertainty takes hold of the broader crypto market, investors veer away from noticing its latest win with the newly-introduced Avalanche incentive program.
Analysts say it’s best to stay away from cryptocurrencies with a big market capitalization and take chance on low-cap tokens like The Hideaways (HDWY) in this risky market condition.
Avalanche (AVAX) is currently valued at $3.98 billion and ranks among the top 20 largest crypto projects by market value.
Litecoin (LTC) Falls from a Dangerous Support Level
After hitting a monthly high at the $73 zone, Litecoin (LTC) correction came worse than expected.
LTC had just fallen below the dangerous support level found at $60.00 and is currently trading at $59.19. The price is down 5.58% in the last 24 hours and 14.58% in 7 days.
The recent fall signals it’s time for holders to go elsewhere, as falling below a critical support level means the market should expect bigger declines coming soon.
For investors looking for a safe way out, the best move is to take chance on lower-priced cryptocurrencies like The Hideaways (HDWY) which can give a better value for money.
Why is Everyone Else Going to The Hideaways (HDWY)?
At this point, investors are not willing to risk a huge pile of cash just to lose more.
For those looking for a good investment to make in this volatile trading environment without breaking the bank, The Hideaways (HDWY) is the best way out.
The new cryptocurrency project sold half of its presale holdings just a month after entering the market. Why is everyone loving it?
The Hideaways (HDWY) is the first to back its NFTs with real-world properties. And these are not just regular rental properties – The Hideaways (HDWY) acquisitions are carefully selected by a team of real estate professionals to ensure investors are getting the most out of their money.
The best thing about HDWY is that it currently sells cheaply at $0.072. This is the perfect choice to make for the current market condition as this penny token is set to hike by 6,000% by the end of this year.
Read more about it here:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.