Shiba Inu (SHIB) investors are now tired of the extreme price declines triggered by the broader bearish market, causing them to leave the meme token and place their bets on The Hideaways (HDWY), which ensures profits like no other.
On the brilliant success of HDWY, the project is set to close its presale at the end of this month, with an offered price of $0.10 per token.
Shiba Inu (SHIB) Falls Out of Market’s Favor
Shiba Inu (SHIB) has suffered one of the worst slumps this week, leading Ethereum whales to move away from the dog-themed meme coin.
Accordingly, Shiba Inu has skidded 11.70% to $0.00000815 in the 7-day timeline, resulting in a 75.20% decline from its year-ago level. SHIB’s steady decline has caused the whales to exit a good portion of their positions.
As Shiba Inu (SHIB) loses market favor, The Hideaways (HDWY) marks its name as the current crypto crowd favorite. Experts projected the brand new token to bloom in considerable returns of up to 40X in the next year.
Can Shiba Inu (SHIB) Hit $1 in 2023?
Most crypto experts believe that Shiba Inu (SHIB) will unlikely reach the $1 mark next year. A piece of more unfortunate news for SHIB investors is that the meme coin is only set to run around $0.0000134987.
Analysts explained that Shiba (SHIB) would need to grow its market cap from $4 trillion to $590 trillion, an impossible case for the token. In addition, investors are disappointed with the long-due utility of the Elon Musk-backed crypto.
Meanwhile, investors believed that The Hideaways (HDWY) could have a higher chance of breaching the dollar mark as the presale superstar is set to produce 40x ROI in 2023.
The Hideaways (HDWY) Powers Up Over Shiba Inu (SHIB)
The cryptocurrency market remains in a bearish cycle, and it’s best to seek secure yet profitable projects like The Hideaways (HDWY).
Accordingly, investors’ sentiment towards Shiba Inu (SHIB) remains sideways as the utility of the meme token is still on the long way. On the other hand, HDWY has gained media attention thanks to its unique utility.
The Hideaways (HDWY) unlocks the potential of the high-tier real-estate market by minting non-fungible tokens, a more secure functionality than SHIB.
This is the best time to join The Hideaways, as the project delivers up to a 100% bonus to all investments. Furthermore, a $100,000 prize draw also awaits you! Never waste a second and join HDWY now!
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/2022/12/shiba-inu-shib-follows-market-plunge-as-the-hideaways-hdwy-defies-odds