Coins with long histories of success, like Litecoin (LTC) and VeChain (VET), saw significant losses in the bear market of 2022. Newcomer ventures are the best bet for crypto investors looking to make a profit.
The Hideaways (HDWY) is a new cryptocurrency coin that has generated much media attention in recent weeks owing to its innovative use case. Let’s look at the buzz and the reasons why it might end up being more valuable than Litecoin (LTC) and VeChain (VET).
Litecoin (LTC) Hashrate Increase
As a result of the Merge, miners were forced to move their activities to alternative blockchains. Litecoin (LTC) was one of several blockchains to reap the rewards of this development. The number of blocks mined for LTC has increased during the past several weeks. More miners are participating in the LTC network as the hash rate hit 529.46 TH/s on October 29.
Litecoin (LTC) was created to facilitate faster, cheaper cryptocurrency transactions. Within the realm of cryptocurrencies, it serves as a valuable supplementary asset. Litecoin (LTC) has room to expand, given its current position and length of time on the market.
The current price of Litecoin (LTC) is $54.95, and the 24-hour trading volume is $434,528,632.
VeChain (VET) Mainnet Upgrade To PoA
The VIP-220 proposal evaluation was long-awaited, and the VeChain foundation has finally released the results. A proposed solution is to connect VIP-220 to the VeChainThor mainnet. This has led to the VeChain network being updated to Proof of Authority 2.0.
Voting occurred on the network’s improved voting platform (VeVote) from October 20th to the 27th, 2022. Using a consensus process based on the stake of identification, PoA allows blockchain-based transactions to be executed in a relatively short amount of time.
Despite its developments, VET is 92% below its April 2021 high of $0.2782 and is currently trading at $0.0236.
The Hideaways (HDWY) To Provide Huge Profit Next Year
The Hideaways is creating the world’s first platform for investing in luxury real estate, allowing customers to buy into a diverse portfolio of exclusive properties.
Analysts predict that by the time the project is fully developed in 2023, its market valuation will have increased to $900 million. Investors in cryptocurrencies rarely encounter opportunities such as this one.
Here are a few reasons why you should put your money into The Hideaways:
- The team’s commitment to the project’s success is demonstrated by the tokens they’ve locked for two years.
- They can’t play any type of fraudulent game, because they’re locking in liquidity for the next 999 years.
- It was approved by the premier independent crypto security auditor, Solidproof. The project’s budget will be secure as a result of this.
- As passive income, users receive 20% of the premium rental income.
You can invest as little as $100 and reap the rewards. Do not squander the chance to multiply your wealth by 20 in just one year.
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 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/2022/11/the-hideaways-hdwy-presale-gains-attention-from-litecoin-ltc-and-vechain-vet-holders