Compound ($COMP) and Tezos ($XTZ) investors have been reeling under worsening price action. Their portfolios display little signs of recovery. You should start evaluating other projects if you are an investor in COMP or XTZ.
A new innovative real estate crypto project, The Hideaways ($HDWY), may offer better potential for profits and help Compound and Tezos holders.
Many cryptocurrency analysts have evaluated the project and confirmed that it provides many significant use cases and options for passive income.
Compound ($COMP) Holders Flee as Token Yield Remains Negative Compound (COMP) was created for the decentralized finance (DeFi) sector. It allows users to lend or borrow assets by depositing their cryptocurrency assets into pools. It has delivered considerable gains to its investors in the past and has become a popular altcoin.
However, COMP investors’ portfolios have turned red over the past few weeks. COMP is down by 0.34% over the last week, -15.22% over the previous month, and even worse, -86.73% since last year. Even though it has a huge community and is one of the most popular DeFi protocols.
A closer look at on-chain activity reveals that many COMP holders are selling their assets to prevent more losses.
COMP holders could benefit from projects like The Hideaways ($HDWY), which offers investment in the real estate industry and provides an option for earning passive income.
Tezos ($XTZ) Down By Over 75.69% This Year; Investors Sell Holdings As of the time of writing, Tezos’s market price is $1.53, which is -7.63% since last week. Tezos (XTZ) was created as an alternative to other smart contract networks like Ethereum. It does not require a hard fork and can evolve to upgrade.
The XTZ Token serves as the primary cryptocurrency of the Tezos network. It has become viral among investors in the past.
However, Tezos holders have been subjected to an extended bearish period, with their losses magnifying in the past few months.
In 2022 alone, XTZ is down by 75.69% – and many holders are trying to identify new coins that can help them recover their losses. So many new projects are targeting new sectors of the economy and could provide better returns.
XTZ and COMP Losing Ground To The Hideaways (HDWY) As It Pumps 100% Many cryptocurrency analysts have evaluated The Hideaways ($HDWY) platform and pointed out that it offers more use cases and has better growth potential than XTZ and COMP. Here’s a brief overview of the platform:
- Backed by Real Estate and users get monthly rental income streamed to them
- NFTs that allow tokenization of properties.
- Access to a new sector; currently not offered by other cryptocurrency platforms
If you hold XTZ or COMP, this is your chance to get access to a new project with massive potential in the long term:
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter (NYSE:TWTR): https://twitter.com/hdwycrypto