Solana (SOL), and Binance (BNB) are undoubtedly 2 of the biggest blockchains globally but their price levels in recent months have declined constantly.
Solana (SOL) and Binance (BNB) investors are looking for crypto market updates that give them positive Solana news and Binance news but this has not been forthcoming.
Instead, they have found The Hideaways, a new project with a market cap of just $45m. Recent crypto market updates have indicated that the project could rise to $900m in 2023 and demand for the HDWY token has grown off the back of analyst recommendations to buy now whilst the HDWY token is priced so low.
Solana (SOL) Price in 2023
What is Solana (SOL)? Solana (SOL) started as one of the safest and most lightweight blockchains until the early months of 2022.
This is when the Solana (SOL) price dropped when Solana (SOL) was exposed to a network vulnerability and Solana (SOL) was hacked.
Will the Solana price recover in 2023? We think Solana (SOL) has the potential to be a good crypto in 2025 if the Solana (SOL) network becomes more secure.
Binance Coin (BNB) Suffers After Hack
In the early days of this week, unexpected news came up that the BNB Chain was exploited and over $31 million worth of BNB was instantly minted.
The BNB hackt drove a wedge through BNB price from $297.86 weekly high to its current price at $269.02. BNB has down by -7.23% in the last week and down by -62.34% in the last 6 months.
The BNB price dropped as a result of the mint which is like adding too much supply to the market when there’s little or no demand as the bear market is still ruling the crypto market.
$45m Valuation Makes The Hideaways a Winner
The Hideaways ($HDWY) presale started 3 weeks back but has become an investor favorite due to the $45m valuation it currently has.
The project will allow crypto investors to purchase shares in NFTs that are backed by physical luxury properties situated across the world and hand picked by experts for their ability to deliver passive income. This passive income is boosted by staking rewards to give a yield of over 90%.
Analysts this week confirmed that in 2023, they expect the HDWY market cap to be $900m,, meaning if you buy now then you could 20x your investment.
The first of these price rises will happen this Sunday when the HDWY token increases to $0.06 in price. This is a fantastic opportunity to take advantage of an upcoming price rise and you will also receive a 50% bonus on your investment.
To be part of The Hideaways (HDWY) visit;
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/10/the-hideaways-hdwy-joins-2023-best-crypto-list-as-solana-sol-and-binance-coin-bnb-crash