In 2022, cryptocurrencies experienced a tumultuous ride on a global scale. However, it is impossible to ignore the reality that cryptocurrencies are here to stay. Due to the exponential expansion of non-fungible tokens (NFT), play-to-earn, decentralized finance (DeFi), and smart contract applications, several cryptocurrencies on the market have long-term sustainability and may be viewed as a good investment choice in 2023.
With a view on what could occur in 2023, Polygon (MATIC) and Cardano (ADA) are viable alternatives for risk distribution. Uwerx based on its strong initiative would prove to be relatively stable in contrast, even if both of these coins have recently fallen.
Polygon (MATIC) Analysis:
The Polygon price is $1.12, Polygon’s (MATIC) latest price activity has resulted in a market capitalization of $10,160,794,374.
Polygon’s (MATIC) price has been harmed by the recent crypto market washout, as well as the uncertainty surrounding Binance’s acquisition of cryptocurrency exchange FTX. However, it did experience a slight increase in daily active addresses during the last 30 days. Primarily due to the anticipated zkEVM mainnet launch.
In addition to the positive impact of the zkEVM launch, Polygon’s (MATIC) GameFi Network did spur an increase in user growth and revenue as The League of Kingdom game chose Polygon to launch their long anticipated Drago update. Overall, Polygon has been able to register a growth rate of 17% across the board as total proven stakers increased by slightly less than 20% over the last 24 hours.
Despite the increased revenue due to a spike in the number of users, the growth of zkEVM seems to have stopped and is even on a downtrend and this has been reflected in a reduction of investor confidence.
Cardano (ADA) Analysis:
The Cardano (ADA) price is $0.38, some analysts are predicting that Cardano (ADA) might be in for a bull run. Grayscale Digital recently highlighted the importance of Cardano (ADA) in the ever expanding smart contract ecosystem. Despite the reduction, ADA remains the top digital asset in the fund’s portfolio, illustrating its significant position in the crypto market as a whole. Recently, Cardano (ADA) users were given the ability to play on chain games using ADA tokens, which means Cardano users can now play blockchain based games without needing to bridge tokens to alternate networks. Milkomeda which is a Layer 2 network recently added a feature which will allow Cardano blockchain users to be able to gain access to Ethereum Virtual Machine smart contracts with ADA wallets.
Uwerx (WERX) is emerging as a great market initiative!
Despite the possibility of some positive price movement for Polygon (MATIC) and Cardano (ADA) in the future, we believe it would be more advantageous to look at assets with higher immediate growth potential like Uwerx.
Uwerx plans to develop the first blockchain-based freelancing platform. The advantages of using blockchain technology open up endless opportunities for businesses of all kinds as well as advantages for independent contractors.
The future of freelancing appears bright with the internet culture at its zenith and if recent trends hold over the long run. More and more individuals are taking control of their careers and choosing to work when, when, and how they want. This includes picking the type of job they do and the hours they work.
Features and benefits of Uwerx:
- The current freelancing environment may be quite constrictive because costs can account for up to 20% of a freelancer’s earnings, however, Uwerx will charge 1% unlike competing platforms.
- At the moment, freelancers run a danger of losing their reputation in the field. For instance, the systems they use may be subject to cyber assaults, false rankings and data loss. By eliminating the middlemen, freelancers, and service purchasers may directly communicate.
- Users are given new ways to turn profits through the WERX token by way of webinars and integrated gamification features.
Uwerx (WERX) Price Prediction:
According to our forecasts, the coin will trade at approximately $1 in late 2023, with the average WERX value for the year being $0.80. While it is expected to rise in the year 2024, with the price reaching approximately $2.4.
This is in line with the confidence placed by investors due to the prelaunch audits conducted by InterFi Network and SolidProof as well as the 25-year liquidity lock after the presale ends. In addition to the fact that the team behind Uwerx will renounce contract ownership before being listed on a CEX.
Analysts estimate that WERX might grow to blue-chip levels. See the links below to secure a chance for you to get in on what could be the most exciting presale at $0.005.
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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