Investors fleeing as the price of Enjin falls by 74%

Jamie Larson

• 2 min read
Investors fleeing as the price of Enjin falls by 74%

Investors in The Hideaways (HDWY) will be thrilled to read that analysts expect returns of more than 8,000% in 2022.

The Hideaways team has developed a product that enables cryptocurrency owners to double their passive income through real-world rental income and staking. Investors have rushed to seize the opportunity because of innovative technologies and a small market cap. Leading analysts anticipate increases of more than 8,000% in 2022, so it's understandable why.

Enjin price dropped 74% in a year.

The native token of the Enjin Blockchain, which offers an ecosystem of connected blockchain-based gaming enterprises, is called Enjin coin. Due to its ties to the gaming sector, it initially enjoyed prominence, but the Enjin price has since declined.

What happened to the price of Enjin, then? Enjin coin has dropped more than 74% from its all-time high of $4.85 to $0.5, losing more than 80% of its total market cap, since the apex of the bear market in 2021.

It is not expected to break out at the present price range of $0.3 to $0.5, where it is trading. In order to generate passive income during the current bear market while keeping a token with the potential for enormous returns in 2022, many investors are selling their Enjin holdings in order to invest in The Hideaways.

The Hideaways Presale Rapidly Expands

The Hideaways is where investors are swarming to secure massive monthly passive income. Investors will receive excellent monthly returns thanks to the project's staking rewards and real-world rental income.

The token's price is tied to actual assets, guaranteeing its unwavering value. At their yearly networking event, founders will be introduced, and to discourage rug pulling, their tokens will be locked.

The project is a great winner in this bad market because of its security and capacity to provide investors with monthly revenue. Investors are swarming to the project in anticipation of a price increase expected in the next 48 hours so they won't miss out.

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