Cardano (ADA) and Flow (FLOW) are among the top 50 biggest cryptocurrencies in market cap. However, many investors and traders are abandoning the coins in favor of new projects with better real-world utilities. The Hideaways (HDWY) is anticipated to climb to the top 50 cryptocurrencies in 2023.
Is Cardano Under Selling Pressure?
Active address usage on the Cardano (ADA) network has increased dramatically by 90% daily. It has been reported that there are now over 1.2 million allocated wallets on the blockchain.
The price of ADA has decreased by 5% during the past week. The current price of Cardano is $0.304558. However, a look at the token’s 24-hour chart reveals that bulls are in command, leading the ADA/USD pair toward a bullish momentum.
Yesterday, ADA bulls pushed the price to $0.318917, but they could not maintain momentum.
Since ADA has been doing poorly, there may be more on-chain action related to Cardano.
One possible explanation for the uptick in on-chain activity is traders cutting their losses and reducing their exposure to a faltering market by selling their holdings or taking profits.
Flow Is Not Worth Your Money‒Here’s Why
The FLOW utility token helps the Flow economy function by functioning as both a means of trade and deposit. Despite its many utilities, FLOW had fallen this week after earlier in the week when it showed a more unexpected pattern of minor gains.
After dropping 5.1% last week, the currency is trading at $1.11. During the past 30 days, FLOW has decreased by more than 34.5%. Do not make any new purchases of FLOW coins right now, advised veteran crypto traders.
The Hideaways Is A Once-In-A-Lifetime Investment
The Hideaways (HDWY) is a wonderful choice for anyone looking to invest in real estate during the inflation and economic downturn.
With the Hideaways, investors will have access to the first platform that brings together NFTs and the $230 trillion real estate industry. Possibilities for earning a passive income at The Hideaways are very exceptional.
Join The Hideaways To Enjoy These Benefits
- The Hideaways provide the means to begin investing in your ideal home for as low as $100.
- Invest in the stock market without leaving their houses.
- Come be a part of a wonderful community of thriving property investors.
- Join a fool-proof investment. SolidProof, a top security and auditing organization, ensured that all HDWY smart contracts were secure.
Take advantage of the low presale price now because it is expected to increase by 4,000% over the next few months. So get yours now!
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/2022/12/the-hideaways-hdwy-presale-threatens-cardano-ada-and-flow-flow