Investors are getting optimistic about the crypto market once more, and there are still bargains to be found in the market. Optimism (OP) has started the year with strong growth in activity, while Cosmos (ATOM) continues to creep up the list of tokens. Uwerx is a new project seeking to bring freelance work platforms to the blockchain, and this is a price prediction for all three coins in 2023.
Uwerx (WERX) Wants to Upstage Upwork
Uwerx is a brand-new project that is seeking to disrupt the dominance of Upwork in the world of freelance gig workers. Uwerx will be the first to bring that market to the blockchain, which will have benefits for employers and workers. The gig economy is growing fast and Uwerx wants to tap into that growth. The Upwork platform is a listed company with a market cap of around $1.6 billion. That is down because of the lows in tech stocks, but is still enough to get into the top thirty cryptos.
Upwork also said that it had booked $3.5bn of work in 2021, up 35%, and had revenues of $500m. It is not hard to see why some investors see Uwerx rising to $2.80 this year. The project has already completed a successful audit from InterFi Network and Solidproof, and there is a 25-year lock-up period for development funds. Uwerx is currently available in a presale, and we believe it will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms.
Optimism (OP) Sees a Pick-Up in User Growth
Optimism (OP) has continued to see user growth or its Layer 2 scaling network. Following a surge in daily transactions on the layer 2 network, Optimism has seen a 70% decline in daily transaction count since the end of its Optimism Quests program. Optimism released a series of 18 tasks called “Optimism Quests,” with a deadline set of 17 January. The tasks explained different features of the network, such as swapping, lending, and staking. The quests aimed to make the user experience in the ecosystem more seamless, and users were rewarded with an NFT.
Optimism (OP) saw an increase in its user base from the Quests program. According to data from Dune Analytics, daily transactions on the layer 2 network climbed higher to register 760,000 transactions, a few days before the end of the program. This marked the highest count of daily transactions on the network since its launch two years ago. The Quests program is a novel way to boost users, and it then means that those users can navigate the platform easily. However, the user count dropped back by 70% after the tasks were done. The price of Optimism (OP) is currently around $2.00 and a doubling in price would see it enter the top 50 coins.
Cosmos (ATOM) is the Third-Largest ETH Bridge
Cosmos Hub (ATOM) is seeking to solve the problem of interoperability in crypto and provides an ecosystem of parallel blockchains that can interact with each other. The project will go up against the Avalanche project, which also focused on parachains over the last year. The Cosmos Hub network is a proof-of-stake (PoS) mainnet with customizable blockchains called Zones. Binance Chain, Cronos Chain, and THORChain are a few projects built with its Cosmos SDK open-source platform.
In an article published by crypto investors Van Eck, analysts were supportive of Cosmos Hub (ATOM). The analysts also published a price target of $140 by 2028 and said that SDK’s flexibility could support 5,000 blockchains in the future. That represents a 10x gain in Cosmos Hub (ATOM). In the year ahead, there is potential for the project to hit $25 in 2023. However, with a $3.7 billion market cap, there is more upside for projects like Uwerx. See the links below to find out more.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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