Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
Some tokens like Uniswap (UNI) and Dogecoin (DOGE) are hitting higher-highs in the latest charts – something that has not happened since the start of 2022.
This may get you excited, but analysts warn prices might deflate soon. The Hideaways (HDWY) is a top recommendation for investors looking for a steady investment in this highly-volatile environment.
Uniswap (UNI) Jumps on Fed Rate Hike, What’s Next?
Uniswap (UNI) snatches a positive momentum after the Federal Reserve decided on another 0.75% rate hike on Wednesday 2nd November. This is the fourth consecutive raise this year, targeting to curb the country’s problematic inflation.
Uniswap (UNI) is up 8.48% in the latest charts and exchanges hands at $7.69. The coin climbed above the $7 round figure, with more investors becoming reluctant on the stock market amid the rising rates.
However, analysts predict Uniswap (UNI) will remain under the hands of the bears. Reports reveal 97.7% of tokens that launch on the platform are rug pulls, denting Uniswap (UNI)’s credibility as a trusted trading site.
Dogecoin (DOGE) Will Not Become Twitter’s Official Cryptocurrency After All
We have seen soaring Dogecoin (DOGE) lately. All thanks to Elon Musk’s Twitter takeover which raised speculations that the meme coin will soon be hailed as the microblogging site’s official currency.
However, insiders reveal the plan to build Twitter’s crypto wallet is on halt. There was no official confirmation from the Dogefather himself, but the news is quick to affect Dogecoin (DOGE) with a 10% decline.
Analysts say further price corrections will come, and some investors proactively hit the exit button to enter the better and more stable The Hideaways (HDWY) – a project everyone is talking about lately.
The Hideaways (HDWY): No Possibility of Rug Pull
The high number of projects doing rug pulls is increasing.
Analysts guarantee the newest cryptocurrency project The Hideaways (HDWY) – a luxury real estate investment that’s backing digital collectibles with real-world assets.
One important thing to look at before entering a new crypto investment is the commitment of its founders to the project. The Hideaways (HDWY) founder tokens will be locked for one year, while liquidity will be locked forever, preventing the possibility of rug pull.
The Hideaways (HDWY) is also audited by the trusted Solidproof.io. For a price of $0.072, you are getting the best investment of your life for such a steal price.