Bearish News For Polygon (MATIC)! Save Your Money With The Hideaways (HDWY)

Polygon (MATIC) has had a rollercoaster this 2022, with deep price fluctuations and some good recoveries as well.

Nevertheless, as the following year approaches, MATIC has dived off its $0.90 cliff, causing investors’ disappointment. Still, Polygon (MATIC) investors could generate yields with a more stable coin, The Hideaways (HDWY).

Polygon (MATIC) Investors In Massive Defeat

Polygon (MATIC) holders are counting significant losses this year, while The Hideaways (HDWY) enjoys higher upturns.

Accordingly, Polygon has extended its drawdown for the third consecutive day, registering a decline of 11.70% to $0.806938 in the 7-day timeline.

The significant plunge has reflected the cascading effects driven by uncertainties in the crypto market, which means it was not an isolated incident for MATIC.

Nevertheless, Polygon (MATIC) is one of the major losers, dropping about $300 million from its market cap. This offshoot of the recent decrease mirrored a drop in profitability for investors who hold the coin, making it the worst investment to take in the coming year.

Polygon (MATIC) To Trigger Cruel Correction

Another devastating news for Polygon (MATIC) is its predicted brutal price correction. The token now has little to offer for market participants, causing holders to make a switch to The Hideaways (HDWY) for a better portfolio.

Subsequently, MATIC risks breaking down from a short-term support line, putting on the line a sell-off toward $0.75.

Then, Polygon’s daily RSI is situated at 50, failing to provide a precise reading for the trend. The downturn would likely continue as analysts have cited a long-term resistance at $1.31.

Moreover, Polygon (MATIC)’s active addresses and total transactions edged down, further painting a bearish sentiment for the crypto asset.

The Hideaways (HDWY) Is The Top Crypto Bull Pick For 2023

The Hideaways (HDWY) has been one of the cryptocurrencies that have defied the dragging bearish market, outperforming leading coins like Polygon (MATIC).

Remarkably, HDWY’s game-changing platform has been the biggest driver of its bullish predictions for next year. Analysts expected the innovative project to remain better rewarding than MATIC, estimating up to 40x ROI.

The Hideaways (HDWY) stability during the recent bear run is due to a vast number of new investors joining the token’s presale.

Holders were enticed by the new functionality offered by HDWY on unlocking the potential of the luxury real estate market by NFT minting.

Aside from massive returns, the venture will give up to a 100% bonus to all investments, with a prize draw of $100,000. Indeed, The Hideaways presents a fortune and the opportunity to be a millionaire.

Website: https://www.thehideaways.io

Pre-Sale: https://ticket.thehideaways.io/register

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto

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