Is Solana (SOL) Nearing The Cryptocurrency Graveyard? Save Yourself With The Hideaways (HDWY) - Analytics Insight

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Solana (SOL) is the first massive victim of the shocking collapse of FTX, one of the biggest cryptocurrency exchanges worldwide. At the peak of the latest drama, Solana has slashed about 64.90% of its price value.
Solana (SOL) still belongs to the 20th-leading cryptocurrencies but is set to lean on further downsides as investors run towards The Hideaways (HDWY) for tremendous profit potential.

FTX’s rapid fallout has caused widespread pain for the crypto community and a much-dragging agony to Solana (SOL). The once-called “Ethereum Killer” has found itself in the dumps as holders feared a massive plunge of SOL in light of the failure of the leading exchange.
Most market participants believed that Solana’s fate was sealed by its close association with FTX’s ex-CEO Sam BankMan-Fried, who was both a massive SOL investor and voice for the ecosystem.
Last week, reports revealed that FTX owned about 58.08 million SOL tokens, translating to nearly 11.00% of Solana’s total supply.
The brutal hit on Solana (SOL)’s price has steered market participants to exit their holdings and take on The Hideaways (HDWY), which has made significant waves despite the FTX crisis.

Solana (SOL)’s bearish momentum pulls the price back to $12.70, translating to a 94.90% decline from the all-time high of $259.96 last year.
Selling pressure came in as Solana’s Relative Strength Index (RSI) sat at 47.01, with predictions of sinking further.
Unlike The Hideaways (HDWY), SOL’s overall volatility indicator is on track to continue its downward slope, hinting the price to travel lower until next year.

The Hideaways (HDWY) is the true winner against the massive descent triggered by FTX’s bankruptcy, where leading tokens like Solana (SOL) have stabbed a significant amount of their values.
Massive gains and price stability has enticed investors to rush in on the brand-new project, making HDWY the best presale token of 2022.
The Hideaways (HDWY) is the first to link the luxury real estate market with digital assets. The venture will operate by minting fractionalized NFTs underpinned by high-tier properties chosen by experts.
For as low as $0.10 per HDWY token, market participants could enjoy the upcoming 40x return on investment of The Hideaways in 2023. This is far-fetched from the predicted $6.56 low for Solana (SOL).
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto

Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.
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