Jerome Powell raised interest rates by just 25 basis points in February. Markets roared in response, figuring that a slowdown in pace means that the FED’s reversal grows closer. Analysts expect Chainlink (LINK) to perform well in 2023 with increased interest in DeFi, and analysts expect a spectacular year for the up-and-coming star Uwerx.
Chainlink (LINK) Price Prediction
Chainlink (LINK) is a network of decentralized oracles. Chainlink (LINK) is a blockchain abstraction layer, and Chainlink (LINK) feeds real-world data into smart contracts. In essence, Chainlink (LINK) joins blockchains with the outside world. When questioned on the potential future price action of Chainlink (LINK), analysts pointed out that increasing demand for price feeds in DeFi would increase interest in Chainlink (LINK) services. They further argued that Chainlink (LINK) staking rewards would draw new buyers looking to earn passive income.
The Potential Of Uwerx (WERX)
Uwerx will bring blockchain technology to the gig economy and build a decentralized freelance marketplace for the global workforce. Trust has always been a critical issue for employers and freelancers, leading the centralized intermediaries currently dominating the market to charge excessively high fees. Platforms like Upwork know that freelancers and employers require a third party and have profited greatly from exploiting this trust requirement.
Uwerx leverages blockchain to deliver trustless service. Smart contracts function deterministically and will release funds when pre-agreed conditions have been met—the third party is no longer necessary. This allows Uwerx to charge far less than its competitors, and analysts expect millions of freelancers to gravitate toward the platform. InterFi Network and Solidproof have audited the protocol, and Uwerx features a 25-year liquidity lock after the presale ends, two factors that have made analysts bullish on Uwerx’s long-term potential. These analysts have predicted that the WERX token may even trade as high as $4 by the end of 2023.
Uwerx’s (WERX) Coin Presale
According to Velocity Global, 70% of independent contractors said they are working as contractors by choice. And analysts expect this trend to continue. Uwerx faced outdated competition in an expanding market size: the potential is enormous.
Currently, Uwerx offers investors the chance to join the journey with an initial presale price of $0.005. Considering the market size and trend towards freelancing, this presents an excellent opportunity to obtain a potential blue chip in its early stages. We would highly recommend checking Uwerx out, at the very least, reading their interesting white paper.
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