Whales in the cryptocurrency market are holding onto a variety of popular coins including Solana (SOL) and Quant (QNT) in the hopes that a slight price increase will help them recover some of the substantial losses they have sustained in recent months.
Moreover, analysts are getting excited about a new cryptocurrency called The Hideaways (HDWY). So let’s see what The Hideaways (HDWY) has to offer.
Solana (SOL)
The SOL coin is the native cryptocurrency of the Solana network. The currency is used to stake prizes and cover transaction fees. Many projects, especially in the gaming and NFT industries, are moving to Solana (SOL) because of its low cost and rapid speed.
Companies like Coinbase and Binance—all leaders in their respective fields—have backed this endeavor. Nonetheless, this isn’t always good news for long-term investors; for example, FTX’s illiquidity led to a 62.69% drop in Solana (SOL) as investors were forced to sell their shares.
As an additional selling point, Solana (SOL) has extremely low transaction fees, typically around a dollar. As an added bonus, Solana’s Sol Sea NFT marketplace has been very successful. Since Solana (SOL) offers better rates and other advantages, many NFT patrons have migrated their collections there.
If Solana (SOL) wants to see its price recover to its all-time high of $260, it will need to allay investor fears about centralization, win back the confidence of its backers, and show that it can weather the storm.
Quant (QNT)
Using over-ledger technology is integral to the Quant (QNT) project’s conceptual framework. It makes it possible for cryptocurrencies to communicate with one another across different blockchains.
Customers of Quant (QNT) are primarily banks and investing organizations. When FTX fails, its clients will likely flock to Quant (QNT), a cryptocurrency with a solid reputation for decentralization and openness.
QNT is responding positively to the present volatility, with a 2% increase in price to $121. Despite its modest recovery pace, Quant (QNT) is expected to outperform its first half of 2022 in the remaining months of the year.
The Hideaways (HDWY)
An innovative new cryptocurrency, The Hideaways (HDWY) fractionalizes luxury real estate in hotspots like Santorini and Bali. Because a unique piece of real estate backs each fractionalized NFT, investments in them carry virtually no risk.
In addition, The Hideaways attracts the most investors because:
- SolidProof has found its smart contract to be the safest of any it has tested.
- Team tokens are locked for 2 years, and its liquidity is locked forever.
- For added safety, a network of real estate experts from around the world is keeping an eye on a portfolio of properties supporting the project.
The project also creates real-world passive income of at least 20%, which is awarded in staking rewards in the form of $ETH, $USDC, or $USDT.
Get in on this limited-time offer to purchase The Hideaways (HDWY) tokens!
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 sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.