Cardano (ADA) Has Fallen Into the Danger Zone

There are two major cryptocurrency updates everyone is closely lately. Cardano (ADA)’s Midnight Protocol, a privacy blockchain to work in the network’s smart contracts ecosystem, is in talks since November.

At the same time, The Hideaways (HDWY) is holding a $100,000 open-for-all prize draw to celebrate the end of its successful presale on December 31.

Founder Updates on Cardano (ADA)’s Midnight Protocol

After his first official public introduction of Midnight Protocol in November, founder Charles Hoskinson has given us an update about the project.

Hoskinson detailed its benefits on Cardano (ADA)’s smart contracts ambition, saying the privacy-focused protocol will add confidentiality to blockchain transactions otherwise available for public scrutiny.

Technically, Midnight will start a new era of private smart contracts – a concept no one in the blockchain industry has ever done so far.

Cardano (ADA)’s update came at the same time The Hideaways (HDWY) announced the start of a prize draw with a $100,000 reward. This is open to all investors holding The Hideaways (HDWY) native token that sells at only $0.10.

Cardano (ADA)’s Price is in Danger Zone

Despite Charles Hoskinson’s uplifting remarks, Cardano (ADA)’s price continued to plummet. ADA is down 2.08% to $0.30 in the latest charts – a dangerous level that could open for lower lows.

Cardano (ADA) is also at an all-time low. Experts are worried about what’s next to come, pointing out that the lack of buying sentiment at this level could send ADA to the first support line at $0.26.

The crypto major is down 90.04% from its all-time high at $3.10. Distressed investors could not stand the heat any longer. Many have turned to better potential tokens like VeChain (VET) and The Hideaways (HDWY).

The Hideaways (HDWY) Celebrated as the Most Successful Presale Token of 2022

The Hideaways (HDWY) officially snatches the title as the best presale token of 2022. The new project welcomed an impressive demand for its ongoing presale event until December 31.

For $0.10, you will get a stable token anchored on real-world properties. The Hideaways (HDWY) has a professionally-managed real estate portfolio with high-return rental yields distributed to investors monthly.

To reward investors for their continued support, The Hideaways (HDWY) will hold its first prize draw with a $100,000 reward. This is just one of the many exciting draws to come, and for a token that’s selling for only $0.10, you have nothing to lose.

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