Due to market volatility, the crypto space has been lagging recently. Hence, Reserve Rights (RSR) and Chain (XCN) will remain bearish this year.
Fortunately, investors of these tokens do not need to worry any longer. Leading cryptocurrency analysts found a better alternative, The Hideaways (HDWY), a brand new project in that is still only in presale and has a market cap of just $45m.
Make sure you don’t miss out on a cryptocurrency that many are expecting will hit close to $600m by the end of 2022!
Reserve Rights (RSR)’s main purpose is to act as a guarantor for the Reserve (RSV) stable token in an arbitrage loop.
Sounds familiar? It is exactly the function that Terra (LUNA) played for TerraUSD (UST) before their fateful de-pegging in May this year. The event wiped $40 billion off the cryptocurrency market which staged an extension of the crypto winter.
Due to the Terra Luna crash, putting trust back in algorithmic stablecoins is hard to come by nowadays. This is exactly why Reserve Rights (RSR) declined 81.59% year-over-year to $0.0066 despite securing approval from five leading auditors.
Cloud blockchain network Chain (XCN) signs a deal with Kraft Sports + Entertainment to become the official blockchain sponsor of the American football team New England Patriots.
After the news, Chain (XCN) recorded a 1.07% hike to $0.069 in the last 24 hours.
Chain (XCN) operates in the cloud computing, ledger, and NFT business – three of the in-demand industries upon the realization of Web3. It aims to help organizations to create better financial services through the use of its technology.
On the downside, the network operates in a highly competitive Defi space led by more popular institutions namely Chainlink (LINK) and Aave (AAVE), among others.
The Hideaways (HDWY) only launched its presale in September and has a small market cap of $45m. The price of the HDWY token is about to increase to $0.06 so invest now to secure your gains.
This new luxury real-estate asset has attracted investors, with over 50m tokens selling out in just hours after the project launched.
These investors are coming to The Hideaways for these key reasons:
- Over 100% passive income yield
- Solidproof audit certified the project as a safe investment
- Liquidity locked for lifetime
- Team tokens locked for 2 years
- Small market cap expected to increase by over 7,500% in 2023
- Insane VIP rewards with limited Gold, Platinum and Diamond tiers giving free holidays and free private jet flights
The HDWY price is about to surge from $0.045 to $0.60 and at the same time the bonus will decrease from 50% to 25%.
Secure your tokens now whilst the token is still priced so low and you’ll be holding a token that we think will explode in 2023.
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.