The cryptocurrency market has been in a bear market for over six months; many crypto assets are currently testing their weekly lows, while others are clinging to critical support.
Monero (XMR) and VeChain Thor (VET) are constantly struggling with the market’s volatility, hoping to see bullish rather than bearish outcomes. Currently, both coins are experiencing significant increases compared to last month.
New crypto projects like The Hideaways (HDWY) are also buzzing as the first luxury real estate cryptocurrency in the crypto world.
Monero Is Back On Track
In recent weeks, Monero (XRM) and other cryptocurrencies enjoyed a relief bounce, which made the crypto market cap appear positive for a while, generating double-digit gains.
From a $100 range, the price of XRM began to rise, reaching a weekly high of $150 and a current trading price of $144. The coin underwent a 1.2% increase from yesterday’s price of $139.91, which is good news for XRM traders and investors.
Price predictions for XRM expect the coin to have a minimum price of $227.47 and a maximum price of $269.70. Analysts also anticipated XRM to have a $235.33 trading price in 2023.
VeChain Is Working On A PoA 2.0
VeChain has been attempting to improve its consensus process amid sustained blockchain adoption. The platform recently announced launching a Proof of Authority update‒Poa 2.0.
According to VeChain, PoA 2.0 is required to satisfy the requirements of upcoming blockchain applications and growing world demand. Investors and traders support this update leading to a 5.8% increase in VET’s trading price.
Experts claim that with PoA 2.0, VeChain will be the leader of the blockchain network.
The Hideaways Will Be The Face Of Real Estate Investment
The Hideaways (HDWY) is one of the long-awaited real estate cryptocurrency projects this year. It is the first luxury real estate marketplace that enables customers to invest in a fully managed portfolio of luxurious worldwide properties.
The platform’s native cryptocurrency, $HDWY token, can be used to purchase real estate properties backed by NFTs, staking and more.
HDWY holders are entitled to a minimum of 20% of rental income, including money from special events held on the property. Plus, they will be paid in the currency of their choice: $ETH, $USDC, or $USDT.
The Hideaways (HDWY) is anticipated to have a safer and more optimistic market in 2023 following the presale release in September 2022. Our analysts predict an increase to $10, a good 20,000% increase from current presale prices.
This is your chance to be early to a new crypto that should skyrocket in the next bull run. They’re locking team tokens for 2 years showing dedication to the project and they are locking liquidity forever – all audited by the amazing SolidProof security team.