Stellar (XLM) Could Post a Huge Drop Before the Year Ends, The Hideaways (HDWY) Smashes Initial Presale

Stellar (XLM) Could Post a Huge Drop Before the Year Ends, The Hideaways (HDWY) Smashes Initial Presale – CryptoMode

21 December 2022

in XLM

Reading Time: 3 mins read

Stellar (XLM)’s near and long-term charts are in the red. The coin had not given us its expected returns this year, and analysts warned of another drop that could erase 50% off its current price.

Fellow penny token The Hideaways (HDWY), on the other hand, smashes its initial presale. It sold half of its presale holdings in just a month after launch. Investors go for stability more than anything nowadays, and The Hideaways (HDWY)’s real estate anchorage is a strong selling point.

Stellar (XLM) Continues its Bearish Streak

Stellar (XLM) shows no signs of ending the drought. It printed another 2.0% drop to $0.082 on a bad crypto day.

Crypto majors like Bitcoin (BTC) and Ethereum (ETH) retraced to their support levels during the same session, with investors hedging against the volatility by buying into more stable projects like The Hideaways (HDWY).

Stellar (XLM)’s Relative Strength Index, a measure of buying and selling pulse of investors, shows sellers remain in the lead by a wide margin. The indicator has bottomed at 35.15, nearing slipping off to the oversold territory.

Stellar (XLM) bulls are having a hard time bringing the price back on the recovery track after the fateful FTX crash in early November.

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No Major Network Updates for Stellar (XLM)

To make matters worse, Stellar (XLM) is not working on any significant project. This means investors have nothing to look forward to until year-end unless there will be another crypto hype that could suddenly inflate prices.

The United Nations announced plans to send USDC, a stablecoin based on the Stellar blockchain, as an aid to displaced Ukrainians. USDC is convertible to a fiat currency which they can use for daily stipend in their current country of residence.

There is no major network news for Stellar (XLM) aside from this. On the downside, analysts project that XLM’s price could drop to $0.040 or a 50% dent from its current price if its lukewarm performance persists.

The Hideaways (HDWY) Smashes Presale Despite All the Challenges

The Hideaways (HDWY) is closing its initial presale positively while Stellar (XLM) investors mourn the loss of opportunity.

It is not too late, in fact, The Hideaways (HDWY) still has a huge room to grow. And the best time to invest is now when there is more trust and stability in the network while the price remains affordable for regular investors.

The Hideaways (HDWY) is the first crypto project to anchor its NFTs with real estate properties. Meaning, regardless of external volatility, the price will remain supported.

The Hideaways (HDWY) is holding a prize draw with a $100,000 reward waiting for the winner. With its current price of $0.10, this is your ticket to good fortune without breaking the bank.

Website: https://www.thehideaways.io

Pre-Sale: https://ticket.thehideaways.io/register

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto

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