2022 has been hard on many cryptos, including Chainlink (LINK) and ApeCoin (APE). While Chainlink (LINK) lost about 70.86% of its value, ApeCoin (APE) after rallying in the beginning few weeks of 2023 is on the decline.
With the highly volatile crypto market, investors turn to projects in their presale that offer promising growth potential, like Uwerx. As per analysts, Uwerx can increase by 6,000% in 2023. Here is an in-depth analysis of these three cryptos.
Chainlink (LINK)
Chainlink (LINK) is a decentralized network that enables the efficient linking of smart contracts with external data sources. Built on the Oracle network, Chainlink (LINK) helps blockchains to interact securely with external data feeds, payment methods, and events.
The current price of Chainlink (LINK) is $7.33 with a 24-hour trading volume of $211,946,048. As per experts, the future outlook for Chainlink (LINK) is not good due to its poor performance in 2022.
Uwerx (WERX)
Uwerx is a crypto project in its presale stage focusing on the freelancing industry. It is priced at $0.0075 and to provide security for potential investors, the liquidity of Uwerx will be locked when the presale ends and continue for 25 years. The unique aspect of Uwerx is the advantages it offers for freelancers in particular and crypto investors at large.
The gig economy has shown phenomenal growth in recent years. Over 70% of businesses prefer hiring freelancers for remote work. However, freelancers face many issues like high fees, fraud risk, and more. Uwerx intends to tackle the key issues with its low fees, better transparency, and incentives for freelancers and investors.
ApeCoin (APE)
ApeCoin (APE) is priced at $6.19 and has a 24-hour trading volume of 200.72 million USD. ApeCoin (APE) is a utility token that empowers and incentivizes users in a decentralized environment. Users can access events, games, services, and merchandise with ApeCoin (APE).
After a bearish 2022, ApeCoin (APE) showed signs of a rally when its value increased by 78% in January 2023. But since then, a decline in the value is seen with analysts predicting the price of ApeCoin (APE) could reach $8 by the end of 2023.
Uwerx (WERX) Grabs Investor Attention in the Presale Stage
Built on the Polygon network, Uwerx provides key benefits such as
- 1% flat fee as against 20% charged by platforms like Fiverr and Upwork.
- Transparency of records which is due to the use of blockchain technology
- Freelancers and investors will be rewarded for activity and new members will be offered incentives
- Integration with popular communication and collaborative tools such as Trello, Asana and Slack.
Some of the factors that make Uwerx a project with high growth potential include its locked liquidity, low initial price, and full audit by InterFi Network and SolidProof. Plus, the ownership of smart contracts was surrendered by the team in accordance with their previous announcement, once taxes had been eliminated.
For investors in search of a low-risk and high-return crypto opportunity, Uwerx could be the best choice. As per analysts, the price of Uwerx could increase to $6.75 by May 2023.
With established names in the crypto space like Chainlink (LINK) and ApeCoin (APE) struggling in the face of recession fears, Uwerx offers a ray of hope. It has a high likelihood of becoming a blue-chip crypto used by millions globally, as per analysts.
The unique design of the platform, along with the transparency, low fees, and locked liquidity after the presale ends, could make it an investment with excellent growth potential in the freelance market. Participating in the Uwerx presale is a splendid way to take advantage of this resilient and high-growth platform.
Visit the Uwerx presale now!
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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