It’s been a while since Litecoin (LTC) and Tron (TRX) flashed some buying signals. But investors are determined to send the two tokens back to recovery after underperforming this year.
Litecoin (LTC) and Tron (TRX) together with the presale token The Hideaways (HDWY) all get a buy rating from analysts following the latest crypto bull run.
Litecoin (LTC) Liquidates $1.5 Million Shorts
Litecoin (LTC) erases $1.5 million worth of short positions between October 25 and 26.
Moreover, on-chain analysis shows Litecoin (LTC)’s mining profitability bottomed at less than 0.5 which is half this year’s average. The decrease in miner profitability is positive for the price – climbing to $56 at press time.
Litecoin (LTC) is trading at a historical buy zone. Analysts say this is a good opportunity to enter the trade, along with other trending tokens The Hideaways (HDWY) and Tron (TRX).
Litecoin (LTC)’s whale transactions increased in the past weeks and hit $1 million last week. This shows an increased market appetite for the token for the first time since the start of 2022.
Tron (TRX) Welcomes its 117th Million User
Tron (TRX) updates hitting 117 million users despite the increased market competition and the unprecedented resignation of its founder and CEO, Justin Sun, earlier this year.
Tron (TRX) fostered meaningful partnerships this year. Recently, it has been selected as Dominica’s official digital coin tender as part of the country’s attempt to boost its tourism activities.
At press time, Tron (TRX) is trading at $0.06 with a 1% hike, leveling on the same threshold as the new crypto project The Hideaways (HDWY) is selling at $0.06.
The Tron Network is one of the first to advocate the decentralization of digital entertainment, aiming to eliminate third-party service providers like Google and Apple Store which cut a big percentage off creators’ revenue.
The Hideaways (HDWY) Gets Unexpected Demand
The Hideaways (HDWY) gets analysts’ buy recommendation after industry research confirmed expectations that the project will rise from $60m now to $900m in 2023.
The project, operating in the luxury real estate business, offers investors an opportunity to participate in property acquisition crowdfunding without needing to shed a huge pile of cash.
The Hideaways (HDWY) will sell fractionalized NFTs that are backed by real-world assets starting at $100. These properties are handpicked by property experts to make sure their monthly yields are higher than the average market price.
The Hideaways (HDWY) has already sold 50% of its presale offering just a month after launching and is forecasted to give investors a 40x ROI in 2023. Don’t miss your chance – this is your best time to invest. There is a huge 100% bonus available for a limited time only and the price rises this week!
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
