The crypto industry is known for its volatility, which presents opportunities to make significant gains. Experienced crypto traders speculate on price movements, even in the current bear market.
Cryptocurrencies like FLOKI (FLOKI) and Uniswap (UNI) have offered massive returns in the past, and can still offer more returns in the future. The market is also anticipating the debut of Uwerx, a new crypto project that will target the freelance industry.
This article will discuss the potential profitability of these tokens in 2023. Continue reading to find out.
FLOKI (FLOKI) is a popular cryptocurrency that entered the market as a meme coin based on Elon Musk's Shiba Inu dog. However, it has expanded into Web3. Its ecosystem now offers decentralized finance services, NFTs, and The Metaverse.
The project currently identifies as a movement (rather than a meme token) that aims to offer utility by building its own blockchain and giving back to its community through charitable initiatives. Its native FLOKI token supports both the BNB Chain and Ethereum (ETH) blockchain.
The FLOKI (FLOKI) token trades at $0.0000344, down from its Nov 2021 all-time high of $0.00033651. The token has lost 57.444% in the last month, which amounts to an average loss of $0.00002306 from its current value.
Experts predict an average price of $0.00000920 in 2023, meaning FLOKI (FLOKI) may be too risky to invest in now.
Uniswap (UNI) is an Ethereum-based decentralized finance protocol that allows users to trade all ERC20 tokens. It pioneered the automated market maker (AMM) trading mechanism that facilitates the decentralized exchange of cryptocurrencies through liquidity pools rather than traditional market orders.
The UNI token is native to the platform and can be used to provide liquidity to the Uniswap protocol. Users can also stake the token or speculate on its future.
The token's current price is $6. It is down 14.892% since the last month, losing about $0.57 from its value. Experts predict an average price of $6.22 in 2023, which means it may be profitable for investors to buy the dip, but its growth will likely not be massive.
Uwerx is a developing crypto project that aims to bring unique changes to the freelance industry. It plans to bring the freelancing market to the blockchain and allow users to enjoy the technology's benefits.
Facts show that 80% of employees are interested in freelancing. This is in addition to an existing workforce of about 59 million and counting, which shows how large the market is.
Uwerx intends to tap into this large market as a decentralized alternative to centralized freelancing websites like Fiverr and Upwork. It will also offer lower fees (5% flat rate) and multiple rewards to keep users motivated.
Users will also enjoy smart contract escrow services, collaborative tools, dispute resolutions, intellectual property rights, and more. The platform's WERX token will facilitate all these features.
The Uwerx team plans to offer about 40% of their total 750 million tokens to early birds in multiple presale stages. This presents an opportunity for cryptocurrency traders to bag WERX tokens at just $0.005 per token. Note that the project's liquidity will be locked for 25 years to guarantee the safety of investors' funds. Also, the team will relinquish contract ownership when taxes hit zero to eliminate the chances of a rug pull.
Additionally, the platform has gained audit approvals from Solidproof and InterFi Network to ensure it is safe for users to transact on.
From the article above, FLOKI (FLOKI) and Uniswap (UNI) are currently down and might take a while to produce significant gains in the near future. However, Uwerx has the potential to make a loud entrance and sustain its value by leveraging a large freelancing community. We believe the token's value will hit $1 by Q4 2023.
Take advantage of WERX's current low presale price by clicking these links:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.