The crypto market, known for its volatility, had a particularly difficult phase in 2022, with most of the popular cryptos, including Ethereum (ETH) and Avalanche (AVAX), suffering big setbacks. While Ethereum (ETH)’s value fell by more than 60% in 2022, Avalanche (AVAX) lost by 90% in 2022.
With such tremendous changes, crypto adherents are looking for projects with better growth potential and minimal associated risks. Uwerx is one such project that is in the presale phase. It is expected to grow by 8,500%, grabbing attention. Here is more on the three cryptos and their potential.
Ethereum (ETH) resisting recovery
Ethereum (ETH) is one of the earliest cryptos based on blockchain technology. It is an open-source decentralized system that was founded in 2013. Ethereum (ETH) serves as a platform for many other cryptos. It is used for the execution of decentralized smart contracts. Developers use the network to create new tools, NFTs, and apps. Besides developers, users find it a profitable choice.
Ethereum (ETH) is priced at $1,857 at present, with a 24-hour trading volume of $10,264,185,331. Ethereum (ETH) was $0.311 in value in 2015, but then it reached its all-time high of $4,800 in the year 2021. But the value has declined since and has gone down by 75%. The future outlook for Ethereum (ETH) is not positive since its price is expected to fall to the range of $2,000.
Avalanche (AVAX) On a Downward Curve
Avalanche (AVAX) is popular because of its fast, smart contract design. It uses its native protocol to achieve high transaction speed and scalability. The main use of Avalanche (AVAX) is for staking and as a payment method on the network. Users also get to vote on proposals that influence the network.
The current price of Avalanche (AVAX) is $17.20, and it has a 24-hour trading volume of $263,950,280. The value of Avalanche (AVAX) has been on the downward curve since March 2022, and as per crypto experts, the price could drop even further to around $17.20.
Uwerx (WERX) Assures High Growth
Uwerx is a platform that will be built on the Polygon network for freelancers. The project is in its presale stage. It aims to provide enhanced transparency in record storage and stronger intellectual property rights protection.
A significant benefit of the platform is its low fee of 5%. While conventional platforms like Upwork charge around 20%, the low fees are a huge advantage for creators. The current price of WERX is $0.0065. As per crypto experts, the price is expected to increase to $2.60 by February 2024.
Why Uwerx (WERX) May Be the Choice
For those searching for opportunities with higher growth prospects, Uwerx may be an excellent option as it has a high probability of turning into much-sought-after blue-chip crypto. With its liquidity locked for a span of 25 years from the date when the presale ends, Uwerx displays its superiority.
Experienced users know the value of projects with high growth potential, like Uwerx that can provide immense yields when infused early in their development. Further, the full audit by InterFi Network and SolidProof is an encouraging sign to prospective users. The team took the decision of renouncing the ownership of smart contracts when the project is ready to be listed on centralized exchanges.
While popular cryptos like Ethereum (ETH) and Avalanche (AVAX) struggle to withstand the highly volatile market conditions, projects like Uwerx offer a fresh perspective. Infusing in budding projects like Uwerx can be a lucrative proposition, as the future outlook for this crypto is excellent.
Visit the Uwerx presale now!
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.