Shiba Inu (SHIB) Investors Switch To The Hideaways (HDWY) As Meme Coin Declines Before Year Ends
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The popular meme coin backed by billionaire Elon Musk, Shiba Inu, is under another price dilemma following the FTX incident and losing some of its investors in fear of a bad start after 2023. Market participants run to The Hideaways (HDWY), seeing remarkable market dominance over the continuously falling meme coin.
Shiba Inu (SHIB) Whales Dropped Billions SHIB Coins
As per Lookonchain’s data, crypto whales are making smart money decisions and dumping 207.2 billion Shiba Inu (SHIB) coins into Binance on December 14, relocating their capital as they’ve assumed more market drops that could hinder their capital growth by the year 2023.
Within the next few hours, the coin's price declined by 3% and it fell 3% more after the selloff occurred and broke the support levels of Shiba Inu (SHIB). The Hideaways (HDWY), on the other hand, gains a 72% increase in its market price.
Shiba Inu (SHIB) traders and investors now should keep an eye on the selloff of each whale as they could serve as a signal towards the uprise or downfall of the crypto’s market trading price.
Shiba Inu (SHIB) News: Price Analysis Before 2023 Ends
Shiba Inu (SHIB) is currently in a short-term sideways-moving trend. Crypto has been stuck in the consolidation phase for about three weeks in the market. Despite its ability to break the range in volatile markets, it denotes hesitancy for various market participants.
The coin has been wavering between the $0.00000964 to $0.0000084 price mark in the narrow mark. In addition, the coin’s price exhibited a sequence of green and red candles that indicates an adjustment is crucial for each Shiba Inu (SHIB) trader and investor.
Furthermore, the rejection of Shiba Inu (SHIB) to gain further momentum suggests that coin holders need to create more space for their portfolios to gain more capital. The Hideaways (HDWY) gains attention from users as it could deliver 40x investment growth by 2023.
The Hideaways (HDWY) Offers New And Exciting Rewards
The FTX fall caught off even the most formidable Shiba Inu (SHIB). With that in mind, several coin holders have been pulling out their holdings and taking their chances with the new hit crypto The Hideaways (HDWY)
In addition, The Hideaways (HDWY) offers investment stability, security, and enormous capital growth to its coin users. As its presale is soon to end, the crypto project is on another hot take as it offers an amazing price worth $100,000 in its grand draw.
Future coin holders could be part of The Hideaways by investing for as low as $100 only! Trading at a low market trading price of $0.1, this is one soon-to-be blue stock company investment that you need to take your eyes on.
Learn more about The Hideaways (HDWY) today!