Smaller tokens like HDWY receive their chance to shine while assets like UNI and MATIC taking hit
Polygon ($MATIC) and Uniswap ($UNI) holders have been subjected to a bear cycle as both tokens remain range bound and trading within a downward trend despite Friday’s breakout. Both MATIC and UNI belong to a higher tier of cryptocurrencies known as “large caps” which are going through hard times in the current market cycle, that’s why smaller projects are gaining more traction among retail investors, including the Hideaway (HDWY).
Hideaways offer high-tier rewards for their supporters, including complimentary holidays, private flights and concierge service in order to attract the attention of retail investors who are willing to feel themselves like institutional whales.
Polygon ($MATIC) Price Tumbling In Last 12 Months
Polygon (MATIC) was created as a layer 2 solution for the Ethereum network. However, Ethereum shifts to a proof of stake consensus mechanism in what is known as the “Merge” which raises questions about the usability of networks like Polygon.
In the recent months, due to unpleasant market conditions in general, Polygon has been moving in the prolonged rangeboud. Over the last week, MATIC lost 1.3% of its value with the monthly performance of the asset staying at around -5% and -33% since the last year which can be considered as the industry’s average.
It’s a prospect that has led many investors with decisions to make over their continued investment, especially when comparing the Matic price performance to smaller projects with a higher volatility and potential, like The Hideaways.
Uniswap (UNI) mimics the performance of MATIC
At the time of writing, Uniswap’s market price is $6.49, which is -1.5% in the past 24 hours. Uniswap Token (UNI) powers the decentralised Ethereum exchange Uniswap. Ethereum is undergoing a transition and projects like Uniswap which depend on Ethereum are facing a lot of uncertainty.
The UNI Token has delivered negative returns in the past year and investors are away of the bearish conditions because of the upcoming Ethereum merge leading to increased market uncertainty.
In the past month alone, UNI is down by 28.68% which caused a spike in the outflows from the asset as investors are looking for ways of negating their losses on the market.
The Hideaways To Offer 50% Discount For Early Investors
The Hideaways ($HDWY) offers crypto investors monthly passive income through staking rewards and real world rental income paid in the form of crypto, such as USDT.
The presale price is currently $0.01 and will increase to $0.02 on Friday at midnight PDT. Investors who take part before then, will be able to acquire tokens with a discount.
VIP investors are also flocking to the investors thanks to the huge benefits on offer thanks to The Hideaways’ Gold, Platinum and Diamond tiered system. Rewards such as a fortnight in a 5* resort with flights paid for, an annual private jet flight and access to a luxury global concierge service are included in different tiers for investors in accordance with their contribution to the pre-sale.
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto
Sourced from u.today.
Written by
The Hideaways
on 2031-10-21 09:38:07.
