Ethereum Classic ($ETC) and Litecoin ($LTC) holders have faced bearish action resulting in huge losses, with both tokens trading in the red in recent months. If you are an investor in either of these cryptocurrencies, you should consider transferring funds into better investment instruments.
A new real estate cryptocurrency platform, The Hideaways ($HDWY), could be a better prospect in the long term for Ethereum Classic and Litecoin holders.
Many experts have looked into this project’s fundamental utilities and faith in its ability to offer better returns and passive yield.
Ethereum Classic ($ETC) Price Prediction As Miners Opt For Other Coins
Ethereum Classic (ETC) came into being when the original Ethereum was hard forked due to a hack. It has tried to preserve the original Ethereum blockchain and has continued as a separate project.
The native cryptocurrency of the network is known as Ethereum Classic (ETC). It saw a massive rally and has delivered considerable gains to its holders in the past.
However, investors have been subjected to massive losses over the past few weeks and are busy planning an exit. ETC is down by 8.24% in the past 24 hours, -11.64% over the last week, and even worse, -17.87% since last month.
This was when it was supposed to be most bullish as former Ethereum miners were to turn to Ethereum Classic (ETC). Ethereum Classic price prediction by our experts show that it’s breaking the first support at $28.91 so $20.36 and $16.61 are the next areas of interest.
Many experts closely watching the price momentum of the ETC Token have pointed out that bearish markets are likely to prevail in the next few weeks.
Investors in The Hideaways ($HDWY) project have escaped the bears as it offers rental and passive income from the real estate industry and issues air-drops to its investors.
Litecoin ($LTC) Down By Over 70.33% This Year; Investors Transfer Funds
As of the time of writing, Litecoin’s market price is $55.48, which is -8.99% since last week. Litecoin (LTC) was created as an alternative to Bitcoin and offers higher transaction speed and faster settlements.
It is considered the lighter version of Bitcoin. It soon became the preferred network for payment processors, and the LTC Token saw an exponential rise in value.
However, the bear markets have not spared Litecoin, and LTC investors have faced negative returns as the coin continues to trade in the red zone.
In the past year, LTC’s price has been down by over 70.33% – and many loyalists are now looking for other coins that can offer better returns.
Since there are many upcoming projects with better use cases, investors could benefit from transferring their funds from LTC into these platforms.
The Hideaways ($HDWY); A Real Estate Platform that offers Better Returns and Passive Income
Experts have evaluated The Hideaways ($HDWY) project and have pointed out that it has many advantages over LTC & ETC. Some of the benefits of this project include:
- Passive income from real estate, over 20% real passive income per year.
- Invest in fractionalized NFTs backed by real estate, enabling a worldwide investor audience
- Access to real estate markets at low rates through off-market deals usually reserved for the global elite
Any project with a unique use case and solid fundamentals is destined for colossal adoption, and that’s what The Hideaways offer its users.
The presale starting price is $0.01, but over 1000 holders have pumped the price to $0.02.
The minimum threshold for investment has also been kept low at $100, and many cryptocurrency analysts have predicted a rapid rally that could yield 2000% returns before the end of the pre-sale.
If you hold Litecoin (LTC), or Ethereum Classic (ETC) and are looking for alternate assets, head to the official links shared below and participate in the presale.
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Was this writing helpful?