The broader cryptocurrency markets experienced a severe downturn in 2022. Even former top 10 mainstays Solana (SOL) and Polkadot (DOT), for instance, experienced massive price swings, easily hitting all-time lows in the past year as $2 trillion in market capitalization dissipated seemingly overnight.
Crypto investors are faced with the decision: do they continue holding assets like Polkadot (DOT) and Solana (SOL) at worsening losses, or should they ditch them in favor of newer, higher-potential tokens in their presale phase like Uwerx ? Let’s discuss which among these three cryptos is shaping up to be a solid investment in the coming years.
Polkadot (DOT) a Popular Choice Due to Utility
Polkadot (DOT) was established in 2016 by former Ethereum (ETH) co-founder Gavin Wood. Polkadot (DOT) is one of the prominent blockchain networks out there that incentivizes a worldwide network of nodes and makes them run as a blockchain. Polkadot (DOT) users can run their own nodes to create a parachain system that operates seamlessly and interoperably with one another.
Polkadot (DOT) is attracting investor attention and has largely been able to stay afloat despite the market headwinds it faces because of its practical utility. However, Polkadot (DOT) is down trading at $6.40 after hitting all-time highs of $55 in 2021. Buying the Polkadot (DOT) dip may be an option for some, but do remember that it will be a long road to recovery before Polkadot (DOT) sniffs anywhere close to its ATH levels. Facts.
Solana (SOL) Lacking Stability Entering 2023
Solana (SOL) brought plenty of its early investors record profits in 2021, when the Solana (SOL) token attained highs of $261 per token, much to the delight of investors who loaded up on Solana (SOL) during its presale or for those who bought into the project early.
Unfortunately, fast-forward to January 2023, and we can see that Solana (SOL) has seen better days. Solana (SOL) simply isn’t just a stable investment as of this writing, after the subsequent collapses of crypto exchange FTX and its sister company Alameda Research – which tanked Solana (SOL) prices by as much as 96% below ATH levels as the year ended. It’s not surprising why Solana (SOL) investors have made the move to more profitable investments like Uwerx.
Uwerx (WERX) Positioned for at least a 50x Run in 2023
Uwerx is a brand-new blockchain protocol currently in presale, that is seeking to revolutionize the freelance job market by allowing both freelancers and employers alike to take advantage of lower transaction costs, greater profits, higher quality work, and more substantially-paying opportunities. Better still, crypto experts are tipping Uwerx to be the one of the can’t-miss presale opportunities of 2023, what with initial Uwerx token prices sitting at $0.005 – and tipped to rise to around $2.50 by 2023.
Uwerx is building a superior freelance talent marketplace specializing in the multi-trillion dollar gig economy. Through the Uwerx platform, talents, and employers are granted better IP rights, new opportunities to create income streams, and full data ownership of their creations. Uwerx is fully audited by InterFi Network and SolidProof with platform liquidity locked for the next several years, making it one of the safest investments to invest in 2023. The greatest opportunities in crypto can be found in investing in the right presale project, and Uwerx ticks all the boxes. Don’t miss the presale opportunity of 2023 at $0.005 and enjoy a 25% bonus.
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/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 NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
