Digital assets suffered heavy drawbacks throughout 2022 due to a worsening macroeconomic environment, and then the multi-billion dollar fraud of FTX sent the markets spiraling further. The current prices of digital assets represent incredible buying opportunities, and analysts have predicted that Fantom (FTM), Algorand (ALGO), and Uwerx (WERX) will be some of 2023’s best performers.
Fantom (FTM) is a powerful layer one blockchain that uses a directed acyclic graph (DAG) instead of a blockchain allowing it to validate transactions simultaneously. Fantom (FTM) rocketed in 2021, and many investors love Fantom’s (FTM) notorious volatility. Fantom (FTM) suffered when Andre Cronje announced his departure. But following his return and a strong statement about the Fantom (FTM) financials- a 99-year runway- it has grown stronger.
When DeFi begins to thrive again, Fantom (FTM) will capture lots of this new liquidity, and analysts believe that 2023 will be a great year for Fantom (FTM) holders.
Algorand (ALGO) represents the first layer one to solve the blockchain trilemma successfully. Silvio Macali conceived Algorand (ALGO), and this highly scalable network can process nearly one million transactions per second. Algorand (ALGO) secured huge partnerships in 2021 and 2022, but so far, the price action of Algorand (ALGO) has disappointed investors.
However, analysts believe this will change, and Algorand (ALGO) will begin a sizable rally due to institutional adoption in 2023. It appears the tide changes for long-term Algorand (ALGO) holders.
Uwerx will cause a stir in the digital asset space and disrupt the freelance industry. It has a first to market advantage in light of the fact that it is decentralized and blockchain based, unlike its competitors. Analysts predict this project to grow regardless of the prevailing market conditions – much like the gig economy itself. Uwerx will implement blockchain technology to create a better and more transparent platform for remote workers. Uwerx looks to be one of the most promising investment opportunities of 2023.
The gig economy boomed throughout Covid-19, and this trend has grown stronger. Traditional entities such as Upwork have faced little competition, allowing them to charge exorbitant platform fees- 20%. Uwerx removes the intermediaries, lowers the service fees, and uses smart contracts for escrow services. It has positioned itself excellently to absorb the market share of a key economic growth area. Senior analysts have predicted that the WERX token, trading at $0.0065 in its presale phase, will trade at $2.55 by the end of Q2 2022. Furthermore, liquidity will be locked for 25 years after the project ends and additionally, it has received audit approval from both InterFi Network and SolidProof.
Uwerx Could Become A Future Blue-chip Cryptocurrency
Fantom (FTM) and Algorand (ALGO) have already experienced their major growth phases. They will still yield solid returns, but Uwerx has the potential to disrupt the freelance economy and become a blue-chip cryptocurrency in the process. This is why analysts have gotten so excited and earmarked Uwerx as one of the most promising projects of 2023. Click the links below to find out more about the presale before it ends:
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