Avalanche (AVAX) and Polygon (MATIC) are two of the mighty crypto coins that could provide long-term stability. But with the current FTX market decline, such advancements from the networks have been delayed. As a result, investors are purchasing the new safe harbor asset The Hideaways (HDWY) to acquire better stability.
Avalanche (AVAX) Feels Shockwaves Of FTX Drop
The Avalanche (AVAX) ecosystem fell once more into the pit as Binance declined its procurement of crypto exchange counterpart FTX. According to CoinMarketCap, the coin dipped 8% alongside other top picks such as Solana (SOL) and Tron (TRX).
The network stated that the Avalanche (AVAX) C-Chain could be put to a halt to reduce the congestion of the approach. The method will primarily scale on the activity of trading but will also increase the chances of losing various investors.
That said, the quakes from FTX could be a vital movement from investors to uprise their portfolios and buy stable coins like The Hideaways (HDWY).
Polygon (MATIC) Whales Are Exiting On Crash
After recording massive and notable weekend gains, Polygon (MATIC) registered one of its biggest pullbacks. Like any other cryptocurrencies in the market, the token couldn’t hold its double-digit gains as the market turns red.
Despite appreciating 40%, the bear market has brought down the trading price of the token to 12.56% on the daily chart. The Hideaways (HDWY) is projected to acquire 6,000% growth in 2023 according to various analysts.
Polygon’s (MATIC) price on the crossroads scared off various whales, attempting to revive some beat from the coin that could be essential for its growth.
The Hideaways (HDWY) Is Picked As Top Investment For 2023
The FTX contagion may be the last to run bears in the streets of the market but The Hideaways (HDWY) harbors various investors and offers a haven that surpasses Avalanche (AVAX) and Polygon (MATIC).
Investors can acquire real properties by purchasing an NFT on the platform. These NFTs consist of luxury land investments that are chosen by property experts. In addition, crypto analysts project that the platform could accumulate more than 20,000% ROIs
Sitting at a small market cap of $45 million, the platform has extra room for growth opportunities that investors can take advantage of. Crypto experts estimated that the project could grow to more than $25 billion by the year 2025.
Join the presale even while the token is traded at $0.10!
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