This week’s cryptocurrency market crash was brutal to Uniswap (UNI), Avalance (AVAX), and other leading currencies. However, despite this, The Hideaways (HDWY) saw an opportunity to highlight why this real-estate project might be the better option to overcome the bearish market in 2023.
Uniswap (UNI) Returns to Red in Reaction to FTX Bankruptcy
Uniswap (UNI) brushed 26.70% from its value this week, now sitting at a price level of $5.53 after the disputes on FTX.
The troubled crypto exchange has been in the spotlight in the past days following allegations of mismanagement of funds. FTC head Sam Bankman also rendered his resignation from office. With the immense volatility in the market, Uniswap (UNI) could stretch out its decline to $5.01 in 2023.
Assessing Uniswap’s performance, the adoption of UNI and other decentralized exchanges is bound to increase as the likes of FTX incidents pile up. However, Uniswap has given liquidity-related challenges, especially under rough market conditions.
A savior from intense market volatility is The Hideaways (HDWY), as the project locked its liquidity forever, securing investors from rug pulls.
Avalanche (AVAX) Heads Lower Despite Network Developments
In response to the FTX insolvency, Avalanche (AVAX) holders immediately dumped their holdings and hopped on The Hideaways (HDWY).
FTX is the second-largest crypto exchange worldwide, and its fallout brought cascading effects to Avalanche, reflecting a 31.50% downfall to $13.30 in the past seven days.
The positive developments on AVAX have failed to generate upward movements in its price. Recently, Avalanche unveiled a new collaboration with GMX_io for its liquidity mining incentive program, Avalanche Rush.
Nevertheless, despite the multiple attempts to pick up Avalanche’s (AVAX) price, bears are still in control, and its TVL continued to decline. Along with the slump, analysts look forward to a 2023 AVAX low of $17.82.
The Hideaways (HDWY) Exhibits Clear Bullish Confidence
The outperformance of The Hideaways (HDWY) was punctuated by its strong market position against the unprecedented challenges in the crypto industry.
FTX’s failure comes on the heels of a prolonged crypto winter that has dragged significant values of Uniswap (UNI) and Avalanche (AVAX). Fortunately, The Hideaways has made its way out of the bearish market thanks to its real-world utility, igniting bulls toward the project.
The Hideaways (HDWY) is a crypto-driven platform tied to trillion-dollar properties worldwide. Leading experts meticulously pick the real estate units to deliver high rental yield and capital gains to investors.
Remarkably, HDWY assures passive income per year, which is highly anticipated to surge along with staking. Moreover, about 40x return on investment (ROI) awaits investors in 2023, a safe haven from the projected declines of Uniswap and Avalanche.
The Hideaways (HDWY) presale is still underway with an offered price of $0.072. Make sure you check out their VIP tiers as the rewards they offer are truly amazing!
Bronze: $2,500
Silver: $5,000
Gold: $10,000
Platinum $20,000
Diamond $50,000
This is a project that has all the potential to become a top 3 cryptocurrency by 2025 so make sure you get in now, before the price rises!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto