The cryptocurrency industry has historically gone through boom and bust cycles, with the most recent crypto winter extending from 2018 to late 2020.
Crypto analysts predict that another crypto winter is looming over the market as top coins like Bitcoin are affected by inflation. Other crypto coins like Solana (SOL) and Dogecoin (DOGE) are unlikely to escape the freezing trail of the next crypto winter.
In volatile times like this, experts advise crypto holders to start investing in other projects with real-world utilities, such as The Hideaways (HDWY).
Is Solana Still A Worthy Investment In 2023?
SOL is down -0.70% today and 7.05% over the past week, trading at $33.06. SOL gained momentum after hitting a weekly low yesterday at $33.03 and is now higher by .03%.
The SOL price has declined since the beginning of the bear market and the hack that occurred at the beginning of this year.
Although Solana is trading slightly above the 100-day moving average, the bears still own most of today’s trading volume. Experts suggest that SOL may not be the best investment in 2023.
Dogecoin Plunges Further
DOGE is currently down -1.14% in the last 24 hours and is currently trading at $0.06152. The coin plunges further, down -7.90% from its 7-day ATH of $0.06679 and 4.41% from its 7-day ATL of $0.05892.
The meme currency is getting close to the 200MA on the 4-hour timescale, which is a crucial support for the coin and, if it holds, will signal the continuation of the bullish trend.
On the daily timeframe, the 100MA acted as resistance to force the retest; analysts predict the bears will win over the bulls. DOGE may not make its way to the top cryptocurrency projects in 2023 because it appears to be a project in decline.
The Hideaways May Increase By Over 150x Like Solana and Doge Did
The Hideaways (HDWY) is an initial coin offering (ICO) that allows investors to increase their wealth exponentially.
Investors can generate profit ($ETH, $USDC, $USDT) from events held at their property, like weddings, and rental income from short-term holiday lets, and guarantees a minimum yield of 20% from rental income.
The price of the HDWY presale is expected to rise by over 500% in the next 2 months. Holders of HDWY can use the platform to create a global real estate portfolio without being constrained by conventional real estate investing restrictions.
Start investing in HDWY for as low as $100 without concern for home deposits or other legal, financial, or administrative costs.
The Hideaways (HDWY) smart contract is already audited by SolidProof – a top smart contract security audit firm.
They are locking liquidity forever, which is super bullish in this bearish environment, and they are locking team tokens for 2 years – ensuring the team is locked into the success of $HDHWY.
Invest In The Hideaways Now:
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