Bitcoin’s recent move to $19,000 is received positively, with some of the crypto majors like Ethereum (ETH), Cardano (ADA), and Ripple (XRP) all trading in the green zone.
But the positive momentum does not extend to pump-and-dump tokens led by Terra Luna Classic (LUNC) and OAX (OAX), which fell during the day.
Investors, already recognizing this could lead to irreversible losses, focus on The Hideaways (HDWY) – a new crypto project the market is loving lately.
Terra Luna Classic (LUNC) Falls as Sentiment Bottoms
Investor appetite for Terra Luna Classic (LUNC) has shifted to other trending coins like Ripple (XRP) and Algorand (ALGO). This left the token’s price gasping in anticipation of the next market hype.
At press time, LUNC is trading with a 1.15% decline to $0.00027. The week has not played out well for the token, sending its price to a 5.19% discount in the last 7 days.
On the upside, the token’s price is up 169% in the 30-day charts, which means investors who entered the same period last month are enjoying triple-digit gains.
Analysts advise investors to turn to projects with real-world use cases like The Hideaways (HDWY) if they are looking into coins that would give them LUNC-like gains.
At least, these cryptocurrencies have a better long-term chance than Terra Luna Classic (LUNC) which functions no more than a defunct crypto project after the de-pegging of UST.
OAX (OAX) Falls Big as Last Week’s Adrenaline Falls
After making a nearly 50% gain on Saturday, OAX (OAX) is back to base. The token shed 24.74% to $0.28 in the latest charts.
Price started falling after reaching an all-time high of $0.38 on September 22. Bulls could no longer push further as buying exhaustion began to take hold.
Analysts expect sellers to take the lead for now as positive sentiment continues to wane off.
Technical indicators show OAX (OAX) had officially descended from the overbought territory – Relative Strength Index settled at 67.0 during the session.
The Hideaways (HDWY) is a Stable Investment
The Hideaways (HDWY) gives real-world utility not found in Terra Luna Classic (LUNC) and OAX (OAX).
What do The Hideaways offer you?
- Invest in real luxury property for as little as $100
- Get a minimum of 20% passive income
- Let The Hideaways do all the work with rental management and extra income from memorable events like weddings
This may sound obvious, but investors nowadays are buying into cryptos that are backed by real-world usage rather than those with imagined use cases.
And investors should have confidence in The Hideaways ($HDWY) as:
- Team tokens are locked for 2 years, so they have to work long before seeing any benefits compared to the $HDWY community.
- Liquidity locked forever protects your money and means that no ‘rug pull’ can happen.
- Smart contract audit already passed by the security firm SolidProof. Again, make sure that no malicious code can hurt you.
Compared to LUNC and OAX, at $0.03, The Hideaways seems like a no-brainer investment to us. We expect it to finish the presale at around $0.15, only if it keeps up its fantastic pace.
Check them out:
Website: https://www.thehideaways.io
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
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Source: https://coinpedia.org/press-release/terra-luna-classic-lunc-and-oax-price-prediction-as-new-presale-rockets/