Shiba Inu (SHIB) and Dogecoin (SHIB) Update New Partnerships, But Why Are They Falling?

On the same day, Shiba Inu and Dogecoin announced strategic partnerships that will contribute to their mass adoption in the future. This real world utility is something also attracting investors to a star investment of 2022 - The Hideaways.

Shiba Inu (SHIB) Price Heading Downards

Binance’s first prepaid card in the Latin Americas, Binance Argentina, has added Shiba Inu(SHIB) among its supported cryptocurrencies. The card is backed by the multinational financial service Mastercard.

The partnership will further expand Shiba Inu’s merchant partnership which is already at 90 million before the Binance Argentina deal.

Despite the good news, SHIB retraced by 3.98% on Friday’s session to $0.0000113. Trading volume has also descended to $16.7 million after keeping it steady between $29 million to $42 million in the last 9 days.

In total, the meme token is down 11.73% in the 7-day charts and 22.79% in the 30-day timeline.

With the RSI falling to 39.0, selling pressure will push prices to new lows. The next support zone is found at $0.000982.

Analysts expect SHIB to trade with heightened volatility in the coming days as the market will keep an eye on its burn rate that’s been waning off since the beginning of September.

Dogecoin (DOGE) is Heading for a Bearish Streak

Software merchant giant BigCommerce secures a partnership with crypto payment service platforms BitPay and CoinPayments to accept Dogecoin (DOGE), Shiba Inu (SHIB), and other popular cryptos for payment transactions.

The recent move contributes to DOGE’s greater adoption as a payment currency - a move that could have lifted its price up if not for the ongoing crypto market volatility.

Dogecoin (DOGE) is last seen exchanging hands at $0.059, tanking 7.24% in the past 7 days. It is nearing the support line plotted at $0.585 - a level that has the potential to stage a small bull tun to $0.659 or bring prices lower to $0.491.

2022 Star Investment Pick - The Hideaways

Shiba Inu (SHIB) and Dogecoin (DOGE) are undeniably at crossroads. Investors who picked The Hideaways last week have already made 100% gains and look set to make a lot more. Analysts are predicting total gains will top 6,000% in 2022 alone and top investors are taking note.

Compared to meme coins that rely on nothing but occasional market hype, The Hideaways (HDWY) comes with long-term stability. It looks to disrupt the luxury real estate industry whose high cost of entry has been a huge barrier to investors.

Investors are able to use the native HDWY token to purchase NFTs that will be minted to represent each property. Investors will then be rewarded with rental yield from the property, staking rewards, NFT price increases and property price increases too. This is all in addition to the HDWY token price gains!

If you have over $10k to invest then The Hideaways VIP tiers could be a great place to park your money.

Benefits include free annual holidays, free private jet flights, free luxury concierge service, a personal account manager, free NFTs and much more.

It’s a truly exceptional project that is determined to reward early investors at every possibility. It’s no wonder that the price is expected to rise so rapidly.

Website: https://www.thehideaways.io

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

Telegram: https://t.me/thehideawayscrypto

Twitter: https://twitter.com/hdwycrypto

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.