Uwerx is a new project that should be getting growth investors excited. The bear market has removed a lot of speculative capital and big gains will be hard to attain in 2023 for many projects. Two projects with a good risk/reward profile are Cardano (ADA) and EOS (EOS). However, we will explain in this article why Uwerx could be the top pick for growth in the year ahead.
Uwerx (WERX) Could be a Fast-Growing Project
Uwerx can be the ideal coin for growth investors because it has all the credentials needed: it is largely unknown, ready to list on big exchanges, it is secure, disruptive, and has a growing market. Uwerx is bringing freelance work to the blockchain with a platform that can grab quick market share from the current Web2 market leaders. The gig economy is a fast-growing sector and that trend increased after the pandemic changed working habits, and Uwerx can take advantage of that trend.
Uwerx recently completed a successful audit with InterFi Network and Solidproof and there is a lock-up period of 25 years on development funds, so investors know that their investments are safe. The digital ledger will begin to bring fundamental advantages, and Uwerx will cut fees from 20% to 5%. There will also be additional benefits for employers such as secure data which will eliminate the potential for fake resumes and businesses will have more control of their IP easily. Investors should get in early as this project has a high likelihood of becoming a blue-chip cryptocurrency platform used by millions around the world.
Cardano (ADA) Could Gain Ground on Ethereum (ETH)
Dogecoin (DOGE) has seen a small rebound from the depths of the bear market, but the coin still has a valuation of $10bn, which is huge for a project that does nothing. Dogecoin (DOGE) trades at a premium valuation because of its following and its links to Tesla founder Elon Musk. If Musk said he had sold out of DOGE, the coin would be useless tomorrow. It currently sits at number nine in the list of coins, and the risk/reward is not good for investors.
Dogecoin (DOGE) rallied in hopes of being added to the Twitter platform after Musk acquired the social media outlet. However, crypto took a back seat with the plans for the platform and the coin faded once more. Dogecoin (DOGE) Investors also ignore that the token is a proof-of-work (Pow) coin, so that is another headwind for professional investors to select more energy-efficient options, which is the reason that Elon Musk reversed earlier plans to accept BTC for a Tesla.
EOS (EOS) Could Make Gains in P2E Gaming
EOS (EOS) is an old-school crypto project that was a regular feature in the top ten tokens before the competition arrived. EOS (EOS) is a platform that was launched in 2018 for building decentralized apps. However, competition arrived very fast, and EOS (EOS) was muscled out of the top ten coins list. The coin has drifted way down to number 46 in the list of coins by market cap and is in need of a boost. That is possible from Upland, a P2E game on EOS (EOS).
Upland is a play-to-earn metaverse that is tied to the real world with GPS. The project could give EOS (EOS) more value when the metaverse picks up and NFT prices see a rebound. EOS (EOS) got good news in December with Binance saying that it would integrate the Tether stablecoin on the EOS network. That could help to bring volumes to EOS and maybe see movement in the right direction. Another opportunity was announced with the EOS Network Foundation (ENF) CEO announcing a $100m ecosystem fund that will invest directly in projects building on the EOS chain. That could attract new projects in hot sectors such as the Upland game.
Checkout the links below to find out more about the Uwerx project – a project that we believe is fully worth your time.
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