Meme coins are merely cryptocurrencies that were motivated by memes and internet jokes. However, the internet has contributed greatly to popularizing meme coins such as Terra Luna Classic (LUNC) and Shiba Inu (SHIB).
Top analysts state that meme coins are slowly losing their appeal due to the shift of interest in the crypto market towards cryptocurrencies that have better utility. Cryptocurrency investors are also becoming more interested in investing in real estate than spending digital money on meme coins.
As a result, investors are keenly interested in other cryptocurrencies, such as The Hideaways (HDWY), which enables them to own luxurious properties anywhere in the globe for an affordable price of $100.
Shiba Inu Slowly Fades Into Oblivion
Shiba Inu (SHIB) is an alternative cryptocurrency to Bitcoin that operates on the Ethereum blockchain and has the Shiba Inu — a Japanese hunting dog breed symbol. SHIB comes second to Dogecoin, the most famous meme coin in the crypto market.
Professional traders confirm that the popularity of SHIB in the market is declining rapidly. SHIB is currently trading at $0.00001177, close to the 100 MA (Moving Average) support level. Technical analysts predict prices will continue to fall if the daily candle (indicates whether crypto prices are positive or negative) closes well below 100 MA.
The current bear market also lowers the value of most top coins, leading inventors to place their bets on the latest projects.
Advertisement
One of the newest top projects is The Hideaways. Many crypto experts see this as the top candidate to replace coins like SHIB. HDWY is expected to overtake meme coins like SHIB in the upcoming months.
Crypto Winter Leaves Terra Luna Classic Volatile
Terra Luna Classic (LUNC) is the native currency of the Terra blockchain used to pay transaction fees and reward users for subscribing to the network.
LUNC coin saw a significant increase on Friday, joining major coins such as Bitcoin (BTC) and Ethereum (ETH) in breaking out above their resistance levels. However, enthusiasm for LUNA is waning. The coin has lost momentum after peaking at $7 with a 200% gain the previous week.
Crypto experts recommend cashing in on any LUNC gains before the price drops, as investors are tuning in to projects like the HDWY, allowing them to buy, sell, and invest in luxury real estate properties.
The Hideaways Offers Profitable Income Than LUNC And SHIB
Terra Luna Classic (LUNC) and Shiba Inu (SHIB) investors can switch to The Hideaways (HDWY), a project that allows them to grow their money through a variety of passive income streams, capital gains, and massive membership rewards.
Imagine not doing anything, sitting in your house, and having a professional team manage all rentals, events, and off-the-market deals for luxury property worldwide. That’s what The Hideaways offer.
Not only that, they’ve got their smart contract audited and passed already, they’re locking team tokens for 2 years which is really bullish as the team is super invested in the success of $HDWY, and they are locking liquidity forever – AMAZING!
Advertisement
HDWY surpasses traditional real estate investments by linking each property to an NFT (Non-Fungible Token), minimizing the trader’s exposure to losses.
Every month, HDWY investors will also receive rental and staking income. Experts predict that the HDWY token will gain 100% this month and increase to 4000% by the end of 2022.