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Price Analysis: Dogecoin (DOGE) and Solana (SOL) See Gains, Analysts Believe Uwerx (WERX) Crypto Presale Will Outperform in 2023

Bitcoinist
by Bitcoinist
2 years ago
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin (DOGE) and Solana (SOL) have both seen meme-related gains over the last months. For the former, it was Twitter hype that did not materialize. For the latter, it was the release of a dog-themed coin on its network. Although DOGE and SOL could see positive price action in the future, we believe it would be advantageous to seek opportunities with higher growth potential. Uwerx is one of those and the project has been tipped to jump by 6,000%.

Dogecoin (DOGE) has a Bark Louder Than its Bite

Dogecoin (DOGE) sucked in hopeful investors again back in October-November 2021. Elon Musk’s takeover of Twitter sparked speculation that the dog-themed token would soon be part of the social media platform’s ecosystem. As with everything related to a Shiba Inu hunting dog, the gains were another pump ‘n’ dump that left the token floundering. DOGE traded near $0.70 at its peak but is now at $0.087.

It is possible that Dogecoin (DOGE) is accepted to the Twitter platform, but the company has slowed its plans for cryptocurrencies. It is still uncertain whether Elon Musk will remain as the CEO and he also ditched plans for accepting Bitcoin in the past over its Proof-of-Work mining. Dogecoin (DOGE) uses the same energy-intensive system, and it would be hypocritical to accept DOGE. Recently, with Elon Musk changing the icon of the popular meme coin, it saw a 33% price increase and then predictably, the hype died down and the price tumbled down to its current value of $0.08.

Solana (SOL) Jumps on the Meme Coin Train

Solana (SOL) had one of the worst years than any crypto project in 2022 as the project went from hero to zero. Solana (SOL) was seen as a challenger to Ethereum with its low fees and ultra-fast transaction speeds, but the project hit a brick wall with security breaches and a loss of investor support.

Solana (SOL) saw yet another hack in December for $2 million. However, the attack affected one of its flagship DeFi projects. The coin lost the bulk of its previous gains in the bear market with a slump from $250 to $24.16. The project has seen a sharp rally recently to get back to $12, but that was due to the release of another dog-themed coin in Bonk (BONK). Investors will surely pile into another stagnating project with nothing tangible to offer.

Uwerx (WERX) has Huge Potential for Gains

Uwerx will be a project that does not have to rely on meme hype and speculation. The project is seeking to disrupt the market for freelance workers with a blockchain offering by offering a tangible solution to solve the real world problems that the freelance industry is experiencing throughout it’s steady growth. The sector has been on a strong uptrend and that was boosted by the pandemic. Uwerx has no competition in the crypto space, but it has real-world, stable market share to tap into.

Uwerx will aim to challenge the likes of Upwork, a publicly-listed company, which saw revenues of $500 million in 2021. That marked an improvement of 35% year-on-year for the firm and with a market cap of $1.5 billion it is enough to be a top 30 cryptocurrency. Perhaps even a blue-chip cryptocurrency in the future. Uwerx will revolutionize the sector with a blockchain-based offering that can cut fees and reduce payment times.

Uwerx aims to see a quick migration of employers and workers to the platform and investors can jump in early. Uwerx has a price of $0.0065 in presale with a 25% bonus and can see fast gains with marketing efforts and exchange listings. Get in on the presale whilst you can:

Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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