The coin market is competitive, and as a result, only the most robust projects survive. During the 2021-2022 bearish market, many crypto projects demonstrated resilience to navigate the turmoil.
However, even though the bearish conditions persist, three crypto projects are outperforming the market odds. This article discusses these coins and why they are worth your investment.
Several companies worldwide are embracing the gig economy to solve their talent needs. In addition, professionals are increasingly offering freelance services because of the flexibility and independence such arrangements offer. This is evident in the United States, as freelancers contributed over $1.35 trillion to its economy in 2022.
But, traditional freelance platforms like Upwork and Fiverr have several flaws, including charging 20% commission on every gig. With its 1% flat fee on gigs, an emerging crypto project, Uwerx, will be bringing change to the gig economy with its blockchain features. While maintaining the usual relationship between businesses and freelancers, we believe Uwerx will outperform the coin market odds through its unique features.
The project will feature gamification elements, built-in collaboration tools, personalized matching, transparent pricing, built-in dispute resolution, etc., to optimize users’ experience. High-performing users will also be rewarded with bonus tokens and unique opportunities.
The project also just launched its presale and was audited by InterFi Network and Solid Proof to ensure the highest level of security. For further security, the Uwerx team will renounce contract ownership of the project when taxes hit zero. Uwerx aims to offer its native token WERX in its multiple presale stages starting at $0.00995/WERX. The protocol will also institute a 25-year locking period after the presale to lock the liquidity tokens of investors, which we are convinced will prevent any form of scam while guaranteeing the security of investors’ funds.
BinaryX (BNX) was launched as a decentralized derivative trading system. But as GameFi and metaverse gained popularity, the development team transitioned into building decentralized video games. Today, they are a full GameFi platform offering IGO services to connect Web2 developers to Web3. Some projects in their portfolio include CyberDragon, CyberArena, and CyberChess.
BinaryX (BNX) is one of the projects outperforming market odds. Current data from prediction.net suggests that BNX, the project’s utility token, will trade at an average price of $1 by Q4 2023, a 45% increase from its current value of $0.589.
So would it be great for investors? BinaryX (BNX) aims to play a significant role in the GameFi industry by providing developers with a comprehensive service platform.
BinaryX (BNX) also features a Decentralized Autonomous Organization (DAO) to allow players to vote on decisions that influence the trajectory of their games. The project hopes to support the GameFi industry’s growth and development with these services.
THORChain (RUNE) is an innovative DeFi project built because of the increasing need for cross-chain liquidity, reliability, and the quick swapping of multiple tokens. The protocol offers immutability and multi-chain swapping of various coins without wrapping. So how is it outperforming the market odds?
Interoperability is one of the essential features that third-generation blockchain platforms seek for a seamless and decentralized experience. THORChain (RUNE) enables a cross-chain platform that allows users to swap digital assets from one network to another using a single protocol.
Originally built on the Cosmos network, THORChain (RUNE) transitioned to its mainnet as it continues to meet the growing demand for interoperable multi-currency exchange. As a result, the value of RUNE, the project’s native token, is on the rise, according to crypto experts.
Like all coins feeling the impact of the market’s bearish conditions, RUNE’s value has continued to swing over the past 30 days. However, prediction.net suggests that the coin’s value could hit a minimum of $2.80 within Q1 2024 from its current value of $1.33 as the coin market gears up for the next bull run.
Cryptos, generally, have come a long way in terms of collective development. But while BinaryX (BNX) and THORChain (RUNE) have the potential to outperform the market odds, Uwerx will offer a use case in an explosive industry and a lower entry point into the coin market. As a result, we are of the opinion that Uwerx has what it takes to beat the market odds and match up with established projects.
Click the links below to join the project’s communities and learn more about Uwerx and its presale.
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