Quant (QNT) and Cosmos (ATOM) suffered market growth after the crypto exchange giant Binance bailed out its rival FTX, resulting in a major market crash affecting both coins and most of the cryptocurrency in the market.
If you are an investor who seeks diversification, then The Hideaways (HDWY) could offer a great deal and surging benefits as its presale event is currently underway.
Quant’s (QNT) Falls From Latest Uptend
Quant (QNT) reported a projected market pulldown following the FTX and Binance dispute and post-recovery from the bearish red. The ongoing losses pulled the coin out of its latest uptrend in developing a big move for the crypto winter.
At press time, Quant (QNT) is trading at nearly $112.1 and had decreased 15.83% in the previous 24 hours. Meanwhile, The Hideaways (HDWY) is set to see a price rise this week as investors flock to the token during their presale.
The crypto is set to rally as the crypto network’s officials exhibited rebounding inclinations that could form a high liquid zone for its revival.
Cosmos (ATOM) Pauses After Rallying For Two Weeks
According to CoinMarketCap, Cosmos (ATOM) announced that the token lost 10% in the last 36 hours due to selling pressure and the market collapse of the crypto exchange company FTX.
The crypto flipped to the lower end of the market price to $14.34. Despite the decline, bulls remain hopeful as they eye for a reversal. The Hideaways (HDWY) has received an upgraded analyst rating and investors are taking note. The price is set to rise on the surging popularity, so this is a great time to invest.
In conjunction with the coin’s support level, there is still inefficiency shown within the market movements that may result in even reddish charts for the coin.
The Hideaways (HDWY) Shelters From FTX Madness
Binance’s decision to bail out on the FTX deal caused mayhem in the crypto market, causing several coins to drop in an instant. Quant (QNT) and Cosmos (ATOM) investors are pulling out their holdings, adopting The Hideaways (HDWY) for better hedge potential.
The project revolves around a luxury property platform that allows investors to invest in real-world properties and receive passive rental income while holding various cryptos. In addition, investors could gain more than 20,000% ROI once they’ve partnered up with the platform.
Another great feat that makes The Hideaways (HDWY) is the potential growth it can provide since it has only a small market cap of $72 million. Crypto analysts projected that the project market cap could grow to become a top 3 cryptocurrency.
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. 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.