Dogecoin (DOGE) and Shiba Inu (SHIB) are the only tokens failing against the bears among the top 15 cryptocurrencies with the most significant market capitalization.
Both tokens made retracements during the day, which leaves investors thinking about where they should invest next.
The Hideaways (HDWY) has smashed its presale performance at the right time, making it an attractive saving grace now that meme coins are up for severe reversals.
Dogecoin (DOGE) Gets Some Petting – From Whales
Dogecoin (DOGE) has recently been declared among the top cryptocurrencies that whale traders have loved. Reports show more than 5% of the meme token’s total holdings are held by investors with 100 million to 1 billion DOGE tokens in their wallets.
What does whale dominance mean for the market? Volatility. The more people holding significant stakes in a cryptocurrency, the more likely the price will fall once they start moving their holdings around.
The price has been up 4.37% in the last 7 days. Still, chart patterns reveal a bearish pennant pattern which signals that DOGE will continue trading sideways in the coming days.
The latest charts show Dogecoin (DOGE) is down 0.06% to $0.064. Traders early to see this fall as the start of a losing streak have reinvested their profits in The Hideaways (HDWY), which recently announced a 100% jump in its presale price.
DOGE’s RSI – an indication of buying and selling appetite – has played between 44.0 to 54.0 during the session, which is a clear signal of ongoing volatility.
Shiba Inu’s Price Will Remain in the Hands of Bears
On-chain analysis reveals Shiba Inu (SHIB) has added 35,000 new investors to its native token, SHIB, over the last 90 days. ROI for the period is at 7%, which means these traders who invested in the meme token three months ago are yet to make significant gains from their investments.
Top Crypto to Invest In While Dogecoin (DOGE) and Shiba Inu (SHIB) are Trading in the RedBefore they can make something out of it, Shiba Inu (SHIB) is already showing signs of sluggish trading ahead. Its RSI tanked to 32.0 on September 21 – near the oversold territory – after some Ethereum-based whales were spotted selling 1.4 trillion SHIB. This indicates that there has been growing fear among traders recently, as whale movements become more frequent.
Shiba Inu (SHIB) declined 1.47% to $0.000011 in the hourly charts and is down 16% in the last 30 days.
The Hideaways (HDWY) is a Saving Grace from the Whale Craze
While whales can continue to dictate the rise and fall of meme coins, they cannot do the same with The Hideaways (HDWY).
The new crypto project is currently staging an open-for-all presale event to give retail and institutional investors an equal chance to make money from its plan.
The Hideaways (HDWY)’s primary goal is to make luxury real estate investing affordable for regular investors who typically see real estate as a costly industry to enter.
For as low as $100, traders can avail of its tokenized properties to earn a lucrative monthly rental income. And how do they do this?
- Secure off-the-market deals on luxury property
- Handle all rental management and events management for you
- Stream income in $ETH, $USDT or $USDC
The Hideaways (HDWY) will sell at $0.02 until the end of its presale period. They have announced an increase to $0.045 by the end of the week! An easy 125% gain in 4 days!
Check them out:-
Website: https://www.thehideaways.io
Presale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Source: https://www.cryptonewsz.com/dogecoin-and-shiba-inu-are-whale-infested/