The cryptocurrency market is still relatively new and constantly evolving, making it pretty hard to predict how it will develop in the future.
Putting the factors which started the bearish trend in 2022 aside, the most recent bankruptcies of major crypto players like FTX (FTT) and BlockFi have largely affected many crypto coins, and Aptos (APT) and Cardano (ADA) are no different from them.
But what determines the success of any crypto coin is its strong proposition value. And here we are introducing the paradigm-shifting cryptocurrency WERX, which we believe would be advantageous to seek opportunities with higher growth potential.
Before moving to Uwerx let’s first have an outlook on Aptos (APT) and Cardano (ADA).
Aptos(APT) Is Getting Concerns About Project Token Distribution
APT is the native token in the Aptos ecosystem, a layer 1 project centered on Meta blockchain business Diem developers. Moreover, it uses a Rust-based Move programming language.
After launch, Aptos blockchain came under rapid scrutiny as it could not fulfill its claims about handling around 4TPS.
Moreover, concerns about the distribution of project tokens with core contributors are being pointed out. It includes the Aptos foundation and investors obtaining a big sum (49%) of the whole APT supply.
Aptos (APT) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $1,998,424,027.
The current price of Aptos is $12.54. Analysts predict its value will not drop below a minimum of $17.74 until September 2023. This makes it good for investment but not promising.
Cardano (ADA) Hydra Layers Look Positive
ADA is the native cryptocurrency of the Cardano (ADA) blockchain, an open-source, decentralized platform that aims to provide a more secure and scalable infrastructure for developing decentralized applications.
ADA’s price has fluctuated over the past few months (currently at $0.38), as with most cryptocurrencies, and it has been affected by the overall market conditions and the investors’ sentiment.
The team behind Cardano (ADA), IOHK, has been focused on delivering the Goguen era, which aims to enable smart contract functionality on the Cardano (ADA) blockchain. This is expected to open up new use cases and opportunities for the platform.
They also have been working on the development of a new layer called the “Hydra Layer,” This will bring significant upgrades to the scalability and interoperability of the blockchain, which makes the overall outlook for ADA positive in the long term.
Uwerx (WERX) Is Showing Potential As A Paradigm-Shifting Cryptocurrency
Now it’s time to look into Uwerx (WERX) which we believe would be advantageous to seek opportunities with higher growth potential in 2023. Cryptocurrency experts believe WERX could increase by 6,000% by year-end.
Uwerx will be the first to develop a blockchain-based freelance platform operating on a global scale. This will likely make Uwerx a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms.
Although ADA is expected to be positive in the long term and APT with some positive price action in the future, we believe it would be advantageous to seek opportunities with higher growth potential in a consistent high growth industry (freelancing).
More importantly, what made Uwerx more promising is that they had their audits completed by InterFi Network and SolidProof before launching, which is certainly sure to be an encouraging sign to potential investors. Liquidity has also been locked for 25 years after the presale concludes.
As most experienced investors know, investing early into projects with solid fundamentals and potential for growth, is often where significant gains are made.
We certainly believe that Uwerx presents itself as one of the most promising investment opportunities, check the links below to find out more about the presale to get a 25% purchase bonus and stand a chance to win $5,000 in a competition. Buy now to avoid the price increase on Sunday!
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