Ethereum (ETH), Quant (QNT), and The Hideaways (HDWY) Wrapped October on a Good Note
October is the first month in a long which cryptocurrencies like Ethereum (ETH) and Quant (QNT) manage to pull some gains. Despite the huge selling pressure from worried investors, crypto majors make effort to end the year in the green zone.
Moreover, The Hideaways (HDWY) has become the top-performing presale token during the month following the sale of 60% of its total presale token offerings.
Ethereum (ETH) Updates Impressive October Gain
Ethereum (ETH) closed in October with an 18.08% monthly hike. This is its first double-digit month-on-month improvement since the start of the fourth quarter, giving investors hope it could make up for its underwhelming performance for the first 10 months of 2022.
It has ranked well against other top-performing cryptocurrencies led by The Hideaways (HDWY) which updated a 450% hike during the month.
The Ethereum (ETH) community is currently fixated on year another network development called the Shanghai upgrade. The project targets to tie Ethereum’s loose ends and make it a better-functioning platform.
Analysts see the Shanghai initiative as a positive element that could drive the price back to its record-high level next year.
Quant (QNT) Surprises Investors with a Decent ROI
Another token that has given investors a decent return on investment last month is Quant (QNT). It hiked 27.71% to $167.27 in the 30-day charts.
Quant (QNT) saw a sudden spike in network activity and social dominance until mid-October. On the other hand, the network failed to sustain the positive momentum resulting in a significant decline in these two important on-chain metrics.
Quant (QNT) investors are turning their attention towards cheaper and more fluid cryptocurrencies. Some have switched to the presale token The Hideaways (HDWY) as it gives them just the same amount of stability but at a cheaper price of only $0.072 a token.
The Hideaways (HDWY) Sells Half of Presale Tokens
The Hideaways (HDWY) had a record-breaking October following the successful selling of 60% of its total presale offerings during the month.
Normally, it takes new projects at least six months to do this, but investors are putting their trust in The Hideaways (HDWY) since it is the first to tap the potential of the luxury real estate industry.
Analysts compare The Hideaways (HDWY) as a cheaper but better-yielding REIT investment – no private entities taking the majority of the profit from rental income.
The Hideaways (HDWY) is projected to end 2023 with at least a 16,000% hike. If you’re looking for a project you can invest for as low as $100, consider knowing more about The Hideaways (HDWY).
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.