Crypto investors witnessed a brutal 2022, but with over-leveraged entities flushed out of the space and adoption amongst institutional investors and multinational corporations at all-time highs, 2023 promises to be a blistering year of green for specific projects.
Senior crypto analysts have selected several key growth areas for 2023: mass market adoption, interoperability, and the most promising, TradFi displacement. This article features three crypto projects, Tron (TRX), Polkadot (DOT), and Uwerx (WERX), that have been touted to outperform the market. Investors who act soon have the opportunity to front-run the opportunity.
Tron (TRX)- Mass Market Adoption
Tron (TRX) utilizes the Delegated Proof of Stake (DPoS) consensus mechanism, which gives this layer one blockchain incredible scalability- it can process more than 2,500 transactions per second. Still, most importantly, these transactions come with a minimal price. These incredibly low gas fees have seen widespread global adoption across developing nations that lack access to dollars. Ordinary people living in areas underserved by TradFi have begun using Tron (TRX) for financial services. The ability to access stablecoins pegged to the US dollar has allowed people to capture the value of their earnings. With increased adoption driving increased demand for Tron (TRX), the base asset, looks ready to enjoy healthy returns in 2023. Tron prices are certainly on the rise and TRX is up by more than 20% since the 1st of January 2023. In the coming weeks, if this trend were to continue, TRX should have no problem reaching its price of 8 cents, from there an increase to 10 cents should be next.
Polkadot (DOT)- Interoperability Hub
Users have always acknowledged the fragmented nature of crypto blockchains, but this pain point has become almost unbearable. Financial systems thrive on liquidity, and distinct blockchains within DeFi have divided liquidity. Bridge exploits totaled billions of dollars in 2022, and a new approach is necessary.
Polkadot (DOT) introduces true interoperability through its Relay Chain, which acts as the beating heart communicating data, value, and information to all Parachains. Polkadot (DOT) acts as a foundation layer for creating an ecosystem larger than any seen in DeFi, where liquidity and information can move freely. Analysts have been confident about DOT since its launch, and 2023 could be the year for DOT holders.
Interestingly, Polkadot recently registered for a trademark in regard to a blockchain communication platform, the words “Polkadot Converse” has been trademarked, which covers “software for social networking; for creating, managing, and interacting with an online community; creating, sending and receiving electronic messages, graphics, images and audio content.
Uwerx (WERX): Blockchain Powered Freelancing
Uwerx is easily the most exciting crypto project on this list, and analysts have earmarked it to outperform Tron (TRX) and Polkadot (DOT) massively due to its unique value proposition and its relation to the freelance industry which has shown unwavering growth during these troubled and turbulent times.
Uwerx reinvents the wheel in regards to the gig economy and is building its platform firmly on the foundation of blockchain. This decentralized freelancing platform will take advantage of the massive boom in remote and freelance work building a more transparent platform for freelancers and businesses.
By introducing blockchain technology, Uwerx decreases the possibility of fraud, cuts out the middleman, and eradicates service fees to 1% for freelancers. Several senior analysts have already confidently stated that Uwerx will become a serious force within the freelancing industry due to its fundamental advantages over traditional centralized platforms.
The WERX token is poised to reach $2.60 in August 2023. Confidence is high with the announcement that the WERX token has already completed their audit presale with InterFi Network and Solidproof as well as the fact that ownership of contracts will be renounced as soon as the cryptocurrency is ready to hit centralized exchanges. Liquidity will be locked for 25 years after presale ends.
Uwerx (WERX) Presale
Currently leading a funding round, Uwerx, has the potential to snatch a large chunk of the freelancing market presently valued in the billions of dollars. Investors who get in early and hold WERX now stand to make massive returns, with countless analysts estimating that WERX could increase more than 4,500% in 2023-2024. Currently, the project is on presale for $0.005, and Uwerx revealed a 25% exclusive bonus for all WERX transactions, solely available during the presale phase. We highly recommend investors check the presale out now, by following the links below,
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