Top Crypto to Invest In While Dogecoin (DOGE) and Shiba Inu (SHIB) are Trading in the Red
Dogecoin (DOGE) and Shiba Inu (SHIB) are
the only tokens failing against the bears among the top 15 cryptocurrencies
with the most significant market capitalization.
Both tokens made retracements during the
day, which leaves investors thinking about where they should invest next.
The Hideaways (HDWY) has smashed its
presale performance at the right time, making it an attractive saving grace now
that meme coins are up for severe reversals.
Dogecoin (DOGE) Gets Some Petting – From
Whales
Dogecoin (DOGE) has recently been
declared among the top cryptocurrencies that whale traders have loved. Reports
show more than 5% of the meme token’s total holdings are held by investors with
100 million to 1 billion DOGE tokens in their wallets.
What does whale dominance mean for the
market? Volatility. The more people holding significant stakes in a
cryptocurrency, the more likely the price will fall once they start moving
their holdings around.
The price has been up 4.37% in the last 7
days. Still, chart patterns reveal a bearish pennant pattern which signals that
DOGE will continue trading sideways in the coming days.
The latest charts show Dogecoin (DOGE) is
down 0.06% to $0.064. Traders early to see this fall as the start of a losing
streak have reinvested their profits in The Hideaways (HDWY), which recently
announced a 100% jump in its presale price.
DOGE’s RSI – an indication of buying and
selling appetite – has played between 44.0 to 54.0 during the session, which is
a clear signal of ongoing volatility.
Shiba Inu’s Price Will Remain in the
Hands of Bears
On-chain analysis reveals Shiba Inu
(SHIB) has added 35,000 new investors to its native token, SHIB, over the last
90 days. ROI for the period is at 7%, which means these traders who invested in
the meme token three months ago are yet to make significant gains from their
investments.
Top Crypto to Invest In While Dogecoin
(DOGE) and Shiba Inu (SHIB) are Trading in the RedBefore they can make
something out of it, Shiba Inu (SHIB) is already showing signs of sluggish
trading ahead. Its RSI tanked to 32.0 on September 21 – near the oversold
territory – after some Ethereum-based whales were spotted selling 1.4 trillion
SHIB. This indicates that there has been growing fear among traders recently,
as whale movements become more frequent.
Shiba Inu (SHIB) declined 1.47% to
$0.000011 in the hourly charts and is down 16% in the last 30 days.
The Hideaways (HDWY) is a Saving Grace
from the Whale Craze
While whales can continue to dictate the
rise and fall of meme coins, they cannot do the same with The Hideaways (HDWY).
The new crypto project is currently
staging an open-for-all presale event to give retail and institutional
investors an equal chance to make money from its plan.
The Hideaways (HDWY)’s primary goal is to
make luxury real estate investing affordable for regular investors who typically
see real estate as a costly industry to enter.
For as low as $100, traders can avail of
its tokenized properties to earn a lucrative monthly rental income. And how do
they do this?
Secure off-the-market deals on luxury
property
Handle all rental management and events
management for you
Stream income in $ETH, $USDT or $USDC
The Hideaways (HDWY) will sell at $0.02 until the end of its presale period. They have announced an increase to $0.045 by the end of the week! An easy 125% gain in 4 days!
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