Best Cryptocurrencies to Buy During the FTX Crash: Ethereum (ETH), Cardano (ADA) Beaten By The Hideaways (HDWY)
Ethereum (ETH) and Cardano (ADA) are among the top buy recommendations during the FTX crash. Investors look for stability more than anything in this unpredictable trading environment and leaning near safe haven cryptocurrencies is the best choice to make right now.
The Hideaways (HDWY) tops the charts, with its ties to real estate, the most stable industry in any macroeconomic condition, giving the project a clear advantage. At a time when the crypto market appears unstable, many top investors have pointed towards The Hideaways project as a great example of a crypto project that looks set to assist widespread crypto adoption.
Ethereum (ETH)’s Supply is Declining after its PoS Switch
Ethereum (ETH)’s circulating supply continues to decline after its switch to Proof-of-Stake. The latest report shows the network’s burn rate outweighs minting which sent the annual inflation rate to -0.032. This is the gauge’s first time to rest in the negative territory since launch.
In a more detailed look, Ethereum (ETH)’s circulating supply fell by 5,600 since the Merge. In the past week, burning reached 1.04 million ETH while the new supply tanked at 603,000 ETH.
A deflationary pace is positive for the price. Ethereum (ETH) is last seen trading at $1,265.00 – up 1.85% during the day.
Ethereum (ETH) is one of the few cryptocurrencies which analysts gave a buy rating during the FTX collapse. It shares the space with Cardano (ADA) and The Hideaways (HDWY) which are among the most stable projects to enter today.
Cardano (ADA) is Not Affected by the FTX Collapse
Cardano (ADA) ditched a bullet that sent all other major cryptocurrencies on the brink of collapse.
ADA is the only crypto major that is not listed on the FTX exchange. While its sidelining kept the price held for so long, it turned out to be an advantage since ADA is barely touched by the recent blow in the cryptocurrency industry.
Cardano (ADA) is up 1.16% to $0.34 in the latest charts – one of the handfuls that managed to stage a price recovery during the session.
Analysts are confident that Cardano (ADA) will end November at $0.50 as investors seek coins that can provide them stability while all other majors are falling.
Another token that could go side-by-side with ADA is The Hideaways (HDWY) – a presale coin everyone is talking about since September.
Don’t Step on The Hideaways (HDWY) During the FTX Drama
Investors looking for a safe place to stay during the FTX uncertainty should get started with The Hideaways (HDWY).
As the market searches for relief and long-term stability above all, The Hideaways (HDWY) takes its ties with the real estate industry as a top reason to give it a buy.
The Hideaways (HDWY) is a luxury real estate investment project that backs NFTs with high-yielding rental properties. Investors are entitled to receive a portion of their monthly rental income which could easily be a good source of passive income.
This makes The Hideaways (HDWY) ideal for both short-term and long-term investors. HDWY is projected to end the year with a 16,000% jump – giving investors the return they could never find elsewhere, especially during this time of uncertainty.
Read more about The Hideaways (HDWY) here:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Best Cryptocurrencies to Buy During the FTX Crash: Ethereum (ETH), Cardano (ADA) Beaten By The Hideaways (HDWY) appeared first on Analytics Insight.
Ethereum (ETH) and Cardano (ADA) are among the top buy recommendations during the FTX crash. Investors look for stability more than anything in this unpredictable trading environment and leaning near safe haven cryptocurrencies is the best choice to make right now.
The Hideaways (HDWY) tops the charts, with its ties to real estate, the most stable industry in any macroeconomic condition, giving the project a clear advantage. At a time when the crypto market appears unstable, many top investors have pointed towards The Hideaways project as a great example of a crypto project that looks set to assist widespread crypto adoption.
Ethereum (ETH)’s Supply is Declining after its PoS Switch
Ethereum (ETH)’s circulating supply continues to decline after its switch to Proof-of-Stake. The latest report shows the network’s burn rate outweighs minting which sent the annual inflation rate to -0.032. This is the gauge’s first time to rest in the negative territory since launch.
In a more detailed look, Ethereum (ETH)’s circulating supply fell by 5,600 since the Merge. In the past week, burning reached 1.04 million ETH while the new supply tanked at 603,000 ETH.
A deflationary pace is positive for the price. Ethereum (ETH) is last seen trading at $1,265.00 – up 1.85% during the day.
Ethereum (ETH) is one of the few cryptocurrencies which analysts gave a buy rating during the FTX collapse. It shares the space with Cardano (ADA) and The Hideaways (HDWY) which are among the most stable projects to enter today.
Cardano (ADA) is Not Affected by the FTX Collapse
Cardano (ADA) ditched a bullet that sent all other major cryptocurrencies on the brink of collapse.
ADA is the only crypto major that is not listed on the FTX exchange. While its sidelining kept the price held for so long, it turned out to be an advantage since ADA is barely touched by the recent blow in the cryptocurrency industry.
Cardano (ADA) is up 1.16% to $0.34 in the latest charts – one of the handfuls that managed to stage a price recovery during the session.
Analysts are confident that Cardano (ADA) will end November at $0.50 as investors seek coins that can provide them stability while all other majors are falling.
Another token that could go side-by-side with ADA is The Hideaways (HDWY) – a presale coin everyone is talking about since September.
Don’t Step on The Hideaways (HDWY) During the FTX Drama
Investors looking for a safe place to stay during the FTX uncertainty should get started with The Hideaways (HDWY).
As the market searches for relief and long-term stability above all, The Hideaways (HDWY) takes its ties with the real estate industry as a top reason to give it a buy.
The Hideaways (HDWY) is a luxury real estate investment project that backs NFTs with high-yielding rental properties. Investors are entitled to receive a portion of their monthly rental income which could easily be a good source of passive income.
This makes The Hideaways (HDWY) ideal for both short-term and long-term investors. HDWY is projected to end the year with a 16,000% jump – giving investors the return they could never find elsewhere, especially during this time of uncertainty.
Read more about The Hideaways (HDWY) here:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
The post Best Cryptocurrencies to Buy During the FTX Crash: Ethereum (ETH), Cardano (ADA) Beaten By The Hideaways (HDWY) appeared first on Analytics Insight.
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