ApeCoin (APE) and Shiba Inu (SHIB) posted big gains following the recovery in the broader crypto market on Friday last week. Despite this, analysts warned investors that an upcoming sell-off could leave a painful dent in their portfolios.
Meanwhile, The Hideaways (HDWY) has recently become a presale superstar. Their Gold tier membership is generating huge hype. A $10,000 investment secures you access to a luxury concierge service worth $50k a year, a complimentary 1 week 5* holiday including flights, a limited-edition NFT and more!
ApeCoin (APE) Suffering in Bear Market?
ApeCoin (APE) visited a two-week high just above $5 after jumping 16% in the last 24 hours. The Bored Ape Yacht Club’s native coin’s recent performance is thanks to the revival of investors’ optimism for cryptocurrency after Bitcoin moved past an important resistance level at $21,000.
But analysts are not keeping hopes up for a steady price recovery for APE. The coin has been trading at $4, barely giving investors gains since the beginning of September 2021. APE price retraced to $5.01 on Saturday after failing to breakout past a resistance found at $5.50.
Investors are seemingly turning their back on APE in favor of tokens such as The Hideaways – a project offering huge VIP membership rewards.
What’s worse, the Bored Ape Yacht Club NFT floor price dropped to an eight-month low in August. It fell to 65.68 ETH from an all-time high of 153.7 ETH which is a sign that APE is packed with volatility that could further bring its price down this month.
SHIB Prices Being Manipulated By Whales
Shiba Inu (SHIB) is trading at $0.0000130 and made a 6.11% gain in the last 7 days. But on-chain analysis reveals that increased whale activities this week are the only reason behind its recent hike.
Analysts have seen an increased concentration of whale trades amounting to over $1 million in the last 48 hours. One wallet added $22 million worth of SHIB which made the account holder the 6th biggest SHIB holder to date.
If whale activities continue, we can see the meme coin taking prices higher to the $0.0000150 level. But if these big investors decide to sell early, a retracement to $0.0000090 is possible.
While Shiba Inu (SHIB) is still trading at a decent price, analysts have advised traders to take profits and reinvest. The Hideaways (HDWY) has been getting market attention lately on the back of its incredible VIP membership scheme and potential to generate gains of 4,000% in 2022 alone.
The Hideaways (HDWY) Gives Huge VIP rewards
With property prices increasing drastically every year, The Hideaways gives crypto investors the chance to be invested in a portfolio of luxury properties situated around the world.
These properties generate huge monthly income for investors and the HDWY token is set to take off in 2022 as a result. Analysts have predicted a 100% price rise this week, with the price set to continue rising. This could be the best investment of 2022.
The Hideaways (HDWY) is generating huge hype amongst investors due to its VIP scheme. Their Gold tier, available with a $10k investment, offers incredible rewards and with minimum investments of $20k and $50k, their Platinum and Diamond tiers make for truly remarkable reading!
With an imminent price rise, you’d be wise to get in sooner rather than later!
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