As a result of the market-wide price decline, it may be difficult to make a sound investment decision in the cryptocurrency market at present.
However, the new cryptocurrency, The Hideaways (HDWY), has been tipped by analysts to be a potential portfolio booster in the following months. Furthermore, The Hideaways (HDWY) is expected to surpass Apecoin (APE) and Ankr (ANKR).
Has Ankr (ANKR) Reached The End Of The Road?
To help developers and consumers better explore, analyze, and engage with the data stored in app-specific blockchains, Ankr has released a unified block explorer and analytics platform called Chainscanner.
When used in conjunction with AppChains hosted on sidechain ecosystems such as BNB, Polygon, and Avalanche, Chainscanner improves user experience.
Usually, the value of cryptocurrencies and tokens increases after a significant development in a network, but Ankr has seen a price drop of 17.03% during the past week.
Also, within the last day, the price dropped by 0.78%. Price dropped by 0.51% in the last hour alone. At its current price of $0.027995, Ankr (ANKR) is down 87.18% from its all-time high of $0.23.
Pressure Mounts On Apecoin (APE) After SEC Probe
Yuga Labs, developers of popular NFTs, including the Bored Ape Yacht Club (BAYC) and CryptoPunks, issue their coin, APE. The token was released earlier this year.
When news broke on October 12 that Yuga Labs, the $4 billion company behind the Bored Ape Yacht Club, was being investigated by the Securities and Exchange Commission, the price of ApeCoin plummeted by more than 17.4 percent in the last 30 days to $4.47.
A report by Bloomberg, which cites an unnamed source, claims that the SEC is investigating the corporation to see whether or not the sale of the company’s digital assets violates any relevant laws.
The Hideaways (HDWY): Investment Of 2023
Established only this year, The Hideaways (HDWY) is by some considered the year’s top financial bet.
As low as $100 can get you into the Hideaways, where you can invest in high-end real estate all over the world. Investment returns for NFTs backed by physical real estate will greatly exceed those of conventional real estate investments due to the fractionalization of these assets.
Many respected cryptocurrency analysts have predicted the Hideaways (HDWY) to reach $1 by December 2023.
The Hideaways is a secure investment for several reasons, such that its liquidity will be frozen for 999 years, the team tokens will be locked for the first two years, and the platform has passed its audit with Solid proof.
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