Ethereum (ETH) and Ripple (XRP) are not reacting well despite recent positive Ethereum news and Ripple news.
Ethereum (ETH) had just recorded its first deflationary month, meaning more tokens were removed than added from September to October.
Ripple (XRP) has received the Hinman documents which will increase its chances of winning the SEC lawsuit.
Elsewhere, The Hideaways flash sale event is giving investors the chance to buy the HDWY token with a 50% discount. This is an incredible chance, as investing at $0.03 gives you the chance to 30x your investment as the project is set to launch at over $0.90.
Missed out on investing early in Ethereum and Ripple? Don’t miss out on investing early in The Hideaways (HDWY).
Ethereum (ETH) celebrates its first deflationary month since launching
Ethereum’s (ETH)’s transition to a proof-of-stake consensus is starting to bear the fruits of its labor. The network’s token circulating supply from the period covering the merge’s completion on September 15 to early October tanked to 120,534,212 ETH.
This level is lower than 120,944,347 – a level it could reach if miners are still doing the work. Nearly 50,000 ETH were burned in the last 30 days – an average daily burn rate of 3,300 ETH.
On the other hand, Ethereum (ETH) failed to hike on the positive news and declined 1.47% to the $1,200 zone during the day.
For one, there is a dented sentiment over altcoins which wiped out 19% of their combined market capitalization.
Moreover, investors are entering better-performing tokens. The Hideaways (HDWY) is the crypto-of-choice among Ethereum (ETH) holders as it offers the same level of stability while giving a better profit margin.
Ripple (XRP) receives important documents after 18 months of waiting
Ripple (XRP) announced receiving documents that would strengthen its position against the SEC lawsuit.
The network’s general counsel announced on Twitter of having obtained the “Hinman documents” which detail the former SEC director William Hinman’s speech about Ethereum’s status as a non-security.
Hinman noted Ethereum (ETH) is sufficiently decentralized and should not be taken under the rules of the federal securities regulation. In this case, Ripple (XRP) could be subjected to the same regulations since it operates in the same business as Ethereum.
Despite the recent win, Ripple (XRP)’s price declined 4.55% to $0.44 – down 12% in 7 days. Investors turn towards The Hideaways (HDWY) which is set to make a price rally before the end of 2022.
The Hideaways (HDWY) will reward investors with 40x gain at launch
Ethereum (ETH) and Ripple (XRP) are failing to get positive momentum while The Hideaways (HDWY) is becoming a crypto investor favorite thanks to the decision to raise development funds through a presale rather than via venture capitalist firms.
This means that investors are able to purchase the HDWY token at a huge 30x – 40x discount, which makes this the top 2023 crypto investment for us.
How can it do this? The Hideaways (HDWY) is in the luxury real estate business. It gives investors the chance to purchase shares of NFTs that are backed by physical million-dollar mansions around the world, that have all been handpicked by property experts. They’ve done the hard work, so you don’t have to.
90% passive income per year through rental and staking income, bonus NFT drops, presale bonus NFTs, a crazy VIP tier, and much more – the Hideaways is the best presale event we’ve ever come across.
In addition, Solidproof certified the project as secure, team tokens are locked and liquidity is locked permanently. There is a lot to like about this project.
Investors make the biggest gains when they invest in crypto projects early, this is your chance to make a great investment decision and choose the HDWY.
The flash sale offers the crypto at just $0.03 for the next 24 hours. After this, it will return to $0.06, so invest now.
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