FTX Crash Price Predictions for Ethereum (ETH) and Shiba Inu (SHIB) and The Hideaways (HDWY)
The FTX exchange collapse saw price drops in Ethereum (ETH) and Shiba Inu (SHIB). The crypto market was shaken and saw a huge sell off as investors lost confidence. We take a look at the Ethereum (ETH) and Shiba Inu (SHIB) price predictions.
Elsewhere, The Hideaways (HDWY) is one of the few assets set to rise despite the FTX collapse. The presale gives investors a rare opportunity to invest in a project at the earliest stages and this looks to be a project with huge long term potential
Ethereum (ETH) Plummets On FTX Collapse
Ethereum (ETH) had a rough week as one of the world’s most popular crypto-trading exchanges suffered a price crisis, losing about 23.00% to $1,259.98.
Accordingly, FTX recently filed for bankruptcy protection, and the crypto earthquake gained momentum as investors exited their holdings. Investors’ confidence sank as traders saw one of the most trusted platforms teeter on the edge of bankruptcy.
Although Ethereum (ETH) is not directly affected by the FTX fallout, the collapse of the leading exchange slashed every corner of the crypto community, and could even dump ETH to $1,327 in 2023.
On the other hand, the ongoing crypto crash may offer a buying opportunity to other tokens like The Hideaways (HDWY), which provides a higher potential to grow in 2023.
Stellar (XLM) Hits A Two-Year Low
FTX contagion has also dragged Stellar (XLM) to a 24-month low of $0.092391, retracting about 20.00% of its value in the previous seven days.
Another dragging factor for Stellar is the fewer upgrades in its ecosystem. Consequently, Stellar’s social dominance has also exhibited weakness, citing few online searches and discussions about XLM.
Meanwhile, The Hideaways (HDWY) has made huge waves on the internet, gathering attention on its revolutionary approach to luxury real estate investing.
Considering XLM status, analysts’ foresight for Stellar (XLM) cites a lower turn from the $0.09 region next year.
The Hideaways (HDWY) Is The Best Crypto After FTX Mess
Popular altcoins like Ethereum (ETH) and Stellar (XLM) dealt with a heavy blow in the wake of the FTX crisis, leaving holders with significant losses this week.
Differently, The Hideaways (HDWY) benefitted from the washout as a number of investors sought refuge in the project. The presale superstar went against the battering bearish sentiment thanks to its price stability and real-world utility, an edge over an extremely volatile market.
The Hideaways’ potential makes it a better 2023 investment than Ethereum and Stellar. HDWY is centered on minting fractionalized NFTs backed by high-tier real estate properties, providing passive income and crypto yields.
The Hideaways (HDWY) presale is still taking place, with an offering price of $0.072 per token. This level represents a market value of $45.00 million, an inferior position compared to ETH and XLM but hints at a brighter future ahead along with an expected 40x ROI in 2023.
Only The Hideaways is designed to help you weather the current crypto winter!
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.