The post In 2023, Will Shiba Inu (SHIB) or Uwerx (WERX) Dominate the Market? appeared first on Coinpedia Fintech News
Just 2 years ago, Shiba Inu (SHIB) delivered one of the most successful returns in history as its craze took the world by storm. But with its price significantly down, will it gear for another jump, or will it be overtaken by the upcoming Uwerx project?
Let’s break down the predictions for these two in 2023.
Shiba Inu (SHIB), the Poster Child
Like any other cryptocurrency, Shiba Inu (SHIB) had a rough year in 2022, losing almost 75% of its market value. However, as the new season begins, it has started showing signs of recovery in the crypto market with a 14% rise in the price and a market cap of $5.6 billion at the time of writing.
Moreover, the launch of Shiba card games will play a positive role in the coin’s growth this year. Apart from the optimism in Shiba Inu (SHIB) market run, the industry-wide bearish wave will continue to hit coins like Shiba Inu in the first few months of 2023, hampering its growth.
Keeping this in mind and its attraction for investors, Shiba Inu (SHIB) is still expected to grow as much as 122% and reach $0.000018.
Freelancing Excellency with Uwerx (WERX)
Uwerx offers freelancers a completely new way of working independently. Using blockchain at its core, Uwerx offers gig economy workers a much-needed decentralized touch that uses the core technology to offer some nifty advantages.
Uwerx has the advantage of offering cheaper fees (1% only), increased security of both payments and work (through smart contracts), and course, the lightning-fast payment system cryptocurrencies are famous for. As a decentralized project, the team will also cut down on the sales taxes and the community taking over the project.
From an investment perspective, Uwerx is also favourable. Good tokenomics like a liquidity lock of 25 years after presale protects from rug pulls and audit approval from InterFi Network and SolidProof at presale are all very positive signs for investors.
All of these factors, when combined with the growth of the freelancing industry (17% CAGR) have many experts looking into Uwerx. Analysts have a good outlook for Uwerx, with some even saying it can rise as much as $0.80 in Q4 2023 and $2.6 in Q1 2024 this year. This translates into a whopping 25,900% increase in initial investment if one participates in the presale, where WERX will be up for grabs for just $0.0065/token and a 25% purchase bonus.
Will the Uwerx Presale (WERX) Trample Shiba Inu (SHIB) be in 2023?
To be stable in 2023, Shiba Inu (SHIB) has a long route to follow. The coin can catch up to a decent market value with little changes in value and appeal. However, parallel to that, Uwerx is gaining massive popularity among crypto and the freelancing industry, going from strength to strength in the most volatile conditions. Uwerx has significant advantages for the industry and the value that no other presale crypto project offers its users.
There is no doubt that the growth of Uwerx will knock out Shiba Inu (SHIB). Don’t get us wrong here. Shiba Inu (SHIB) is a good coin to invest in. However, we believe that options like Uwerx present unparalleled advantages for investors – especially at its presale price of $0.0065 and 25% bonus on all purchases!
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