Traders frequently ignore looking at tokenomics, and investors, and end up impulsively investing in cryptocurrencies like Polkadot (DOT) and Acala (ACA).
That’s bad, as you’ll soon realize all the coins are held by Venture Capitalists who pump the price to make you buy and then dump on you. Look at the crypto market now – and tell us we’re wrong!
Analysts say investors should look more into tokenomics and utility than popularity if they want to succeed in the crypto market. The Hideaways (HDWY) is one of the rare crypto projects that guarantees not only massive returns but also offers real-world utility.
Polkadot Wrapped In Bear Claws
Polkadot price analysis indicates a price decline today due to the poor market conditions for cryptocurrencies. DOT price has fallen to the $6.08 range due to the bears’ efforts to keep their strong momentum.
A strong bearish trend is strong for DOT. The bears have been outperforming the bulls for the previous few hours by scoring several victories. The selling activity has recently increased due to the coin’s dramatic value drop to $6.08.
However, given that the positive momentum appeared to be returning over the last week, it may rebound and push the price above the $6.26 mark.
Acala Price Struggles
Acala (ACA) has been trading on low volume for the past few days. ACA token is trading at $0.162850, a drastic decline from its 7-day ATH of $0.208464. The crypto is 6.2% down from its 24-hour high of $0.176487.
ACA recently bounced back from burning stablecoins after a mining incident. Other 35 accounts were found to have acquired 12.38 million USD that had been incorrectly minted.
Since the incident, investors have become wary of ACA tokens and switched to cryptocurrencies with fewer issues.
The Hideaways Tokenomics Is Better Than DOT And ACA
The Hideaways (HDWY) has given much thought to how it will distribute its tokens to control risks and guarantee liquid assets to keep prices moving.
HDWY’s tokenomics, which renowned security company SolidProof has already audited, and is shown in the image below.
The platform allows holders to gain 20% of the rental income on properties without legal, financial, and government fees, as well as house deposits.
They handle all of the marketing and sales for you, you just have to list your NFT on their marketplace when you want to reallocate a portion of your portfolio.
On top of that, our analysts love that they have already audited their contract and getting more! They’re taking investor security very seriously unliked Acala’s stablecoin which got hacked.
Liquidity is locked forever and HDWY tokens are locked for two years, this will be the best presale investment – especially compared to holding Polkadot (DOT) and Acala (ACA)
And we reached out to them, and they let us know that they accept DOT as payment – so its very easy to buy if you hold it.
Join The Hideaways Next Presale:
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.
Was this writing helpful?
This news is republished from another source. You can check the original article here
Be the first to comment