Battle of Real Estate NFTs: Decentraland (MANA) vs. The Sandbox (SAND) vs. The Hideaways (HDWY)
Real Estate NFTs are one of the most popular investments in 2022. It’s a big market, but which one is the best? We’ve all been caught up in the frustration of shutdowns. In turn, the market began to turn to digital platforms for entertainment.
Investors started buying plots of digital lands from Decentraland (MANA) and The Sandbox (SAND). Today we’re going to talk about them and the new crypto project The Hideaways (HDWY) that is changing the way people look at investing in luxury real estate.
Decentraland (MANA): Is it worth buying?
Decentraland (MANA) is a newcomer to the crypto space, launched in 2020. MANA quickly rose to fame as virtual real estate had been predicted to be as valuable as real land in the future.
At the height of NFT mania in 2021, Decentraland sold a virtual plot of land for 608,000 MANA valued at $2.4 million at the time of sale.
It had a good run but the current performance doesn’t look good. Decentraland had less than 600 users in the last month, and only 1,052 transactions were made on the platform. There is also a 13% decrease in visitor visits. With its lack of utility, Decentraland is affected by a loss of investor appetite for investments with no real value.
MANA is trading down 3.0% from the previous day, changing hands at $0.79. Technical indicators are bearish, with the RSI at 40.0. Analysts forecast the coin to fall to the $0.70 support line this week if sentiment does not improve.
The Sandbox (SAND): Does it work better?
The Sandbox (SAND) is another project that received a lot of support from investors in 2021. Thanks to the support of popular celebrities such as Snoop Dogg, the project received the attention it needed to achieve success.
Is it still like that today? Not any more. Sandkassen (SAND) has been quiet lately. In the 24-hour charts, its native coin is trading with a fall of 3.36% to $0.95 and seems to make some price corrections after rising 9.86% last week.
Technical analysis shows price pulling back after briefly touching $1.03. Sellers have outpaced buyers from that level, sending the RSI lower to 42.
Top analyst says Hideaways (HDWY) has more upside than MANA & SAND
Now our recommendation for a newcomer is The Hideaways (HDWY) over Decentraland (MANA) and The Sandbox (SAND), which is sure to raise eyebrows.
But listen to us.
Since the launch of the pre-sale two weeks ago, The Hideaways have sold over 110 million HDWY tokens, showing strong investor demand. We picked it last week, but since then it has increased over 100% with another 1000% increase in the future.
Despite MANA, SAND and HDWY being in the NFT real estate business, The Hideaways (HDWY) has a distinct advantage. Why? The NFTs are backed by real-world assets.
This means they are not your usual NFTs with imagined intrinsic value and no use cases, you can earn monthly rental income by owning The Hideaways NFT.
Investments in the new project will be used to buy luxury properties around the world. You have the right to receive one fraction of the monthly rental income in return for your investment.
The best is The Hideaways (HDWY) has made to invest reasonably for ordinary investorsand you can buy fractional NFTs backed by real estate from $100.
Check them out while they’re on presale:
Website:
Advance sales: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter:
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