VeChain (VET) is one of the most promising blockchain projects for business solutions. But the consequent collapse of Terra Luna and FTX significantly dented VeChain (VET)’s mainnet activities and, in turn, soured investor sentiment towards the price.
Analysts give a better outlook for the new crypto project The Hideaways (HDWY) after seeing a spike in demand for its presale token at the height of the FTX drama.
VeChain (VET) Lacks Direction After Proof of Authority 2.0 Finality
The VeChain community held their seats patiently as the final thrust for the network’s shift to Proof of Authority took place on November 17.
But the hard fork came at the worst time as the FTX sent the market in all directions after announcing bankruptcy. The price failed to make positive movements upon its entrance, with VET now trading with a 24% fall in the 30-day charts.
Analysts noted investing in VeChain (VET) can be compared to putting money in the lottery – it is a hit-or-miss scenario. The crypto major is too volatile to score as the prices continue to record lower lows.
Before the FTX incident, VeChain (VET) already received a painful reckoning from Terra Luna’s dissolution through a significant decline in its mainnet activity.
VeChain (VET)’s 2025 Price Forecast
With the Chinese supply chain ecosystem expected to put bigger investments in blockchain platforms in which VeChain (VET) dominates, top analysts give VET a $0.10 price target for 2025.
This is a positive move from its current settlement at $0.018 but is still conservative compared to the potential of other cryptocurrencies like The Hideaways (HDWY) which had been given a 6,000% price hike target for 2022 alone.
VeChain (VET) is off nearly 100% from its all-time high level at $0.27. Experts said it could take the community until 2030 to reach this level again if they maintain their currency’s sluggish pace.
The Hideaways (HDWY): The Best 2023 Crypto Investment
While VeChain (VET) has no idea where to go next, The Hideaways (HDWY) has become surer of its moves. The new cryptocurrency project is receiving higher demand than expected as investors search for a stable and steady token during this heightened volatility.
The Hideaways (HDWY) gives investors three main ways to make money out of their investments:
- The first is through passive income. The Hideaways (HDWY) backs its NFTs with rental-yielding assets that give out an estimated 20% premium every month
- Next, there is capital appreciation from selling in secondary markets. Digital collectibles from The Hideaways (HDWY) are expected to enter mainstream NFT marketplaces by 2023
- Lastly, return on investment from trading. The Hideaways (HDWY) is forecasted to hit $4 in 2023 – getting it for a cheap price of $0.010 will put you in a good long position for next year
Don’t miss your chance:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Long-term Prospects for VeChain (VET) are Dimming, Promising Forecast for The Hideaways (HDWY) appeared first on Analytics Insight.
VeChain (VET) is one of the most promising blockchain projects for business solutions. But the consequent collapse of Terra Luna and FTX significantly dented VeChain (VET)’s mainnet activities and, in turn, soured investor sentiment towards the price.
Analysts give a better outlook for the new crypto project The Hideaways (HDWY) after seeing a spike in demand for its presale token at the height of the FTX drama.
VeChain (VET) Lacks Direction After Proof of Authority 2.0 Finality
The VeChain community held their seats patiently as the final thrust for the network’s shift to Proof of Authority took place on November 17.
But the hard fork came at the worst time as the FTX sent the market in all directions after announcing bankruptcy. The price failed to make positive movements upon its entrance, with VET now trading with a 24% fall in the 30-day charts.
Analysts noted investing in VeChain (VET) can be compared to putting money in the lottery – it is a hit-or-miss scenario. The crypto major is too volatile to score as the prices continue to record lower lows.
Before the FTX incident, VeChain (VET) already received a painful reckoning from Terra Luna’s dissolution through a significant decline in its mainnet activity.
VeChain (VET)’s 2025 Price Forecast
With the Chinese supply chain ecosystem expected to put bigger investments in blockchain platforms in which VeChain (VET) dominates, top analysts give VET a $0.10 price target for 2025.
This is a positive move from its current settlement at $0.018 but is still conservative compared to the potential of other cryptocurrencies like The Hideaways (HDWY) which had been given a 6,000% price hike target for 2022 alone.
VeChain (VET) is off nearly 100% from its all-time high level at $0.27. Experts said it could take the community until 2030 to reach this level again if they maintain their currency’s sluggish pace.
The Hideaways (HDWY): The Best 2023 Crypto Investment
While VeChain (VET) has no idea where to go next, The Hideaways (HDWY) has become surer of its moves. The new cryptocurrency project is receiving higher demand than expected as investors search for a stable and steady token during this heightened volatility.
The Hideaways (HDWY) gives investors three main ways to make money out of their investments:
- The first is through passive income. The Hideaways (HDWY) backs its NFTs with rental-yielding assets that give out an estimated 20% premium every month
- Next, there is capital appreciation from selling in secondary markets. Digital collectibles from The Hideaways (HDWY) are expected to enter mainstream NFT marketplaces by 2023
- Lastly, return on investment from trading. The Hideaways (HDWY) is forecasted to hit $4 in 2023 – getting it for a cheap price of $0.010 will put you in a good long position for next year
Don’t miss your chance:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Long-term Prospects for VeChain (VET) are Dimming, Promising Forecast for The Hideaways (HDWY) appeared first on Analytics Insight.