Cryptocurrency is a constantly evolving space, and Q2 2023 is expected to be a breakout season for several promising projects. This article will discuss four cryptocurrencies that could become very valuable and popular this year. These coins include StableXSwap (STAX), NEAR Protocol (NEAR), Synthetix Network (SNX), and the soon-to-be-launched Uwerx.
StableXSwap (STAX) and NEAR Protocol (NEAR) are two unique projects within the cryptocurrency ecosystem. While StableXSwap (STAX) is a stablecoin-focused AMM-style decentralized exchange built on Binance Smart Chain, NEAR Protocol (NEAR) is a cutting-edge Layer-1 blockchain project that provides a secure, scalable, and user-friendly network for developers looking to create endless decentralized applications and other projects.
StableXSwap (STAX) is currently ranked #1035 with a circulation supply of 13,646,645 and a market cap of $3,738,155, while NEAR Protocol (NEAR) is ranked #35 with a market cap of $1,674,799,229 and a current price of $1.93. StableXSwap (STAX)'s price is expected to reach a maximum value of $0.63 in 2024, while NEAR Protocol (NEAR) can reach a maximum of $4.36 in the same year.
Synthetix Network (SNX) is a cryptocurrency protocol designed to enable investors to create synthetic assets called “Synths.” This approach has proven to be a savvy move by Synthetix Network (SNX) as it significantly enhances the network's liquidity, benefiting all parties involved and providing unique tradable assets.
The Synthetix Network (SNX)’s price currently stands at $2.18, with a 24-hour trading volume of $237,317,442. Synthetix Network (SNX) has experienced a 9.67% decline in the last 24 hours. The coin holds the #68 ranking on CoinMarketCap, with a market cap of $692,393,721. Industry experts predict that Synthetix Network (SNX) may potentially reach a minimum price of $4.91 by the year 2024 due to the increasing demand for synthetic assets, which Synthetix Network provides.
There is a rising demand for skilled freelancers in the market. With so many talented freelancers out there, it's no surprise that the freelance industry is continuing to expand at a remarkable pace. But with that growth comes a challenge: how do we create platforms that can keep up with the ever-evolving needs of freelancers and their clients? Uwerx is the answer!
Uwerx will provide its users with enhanced trust and security as well as a significant reduction in fees for both businesses and freelancers. The platform will charge its users 1% as opposed to 20%, which is the current rate on most traditional freelance platforms.
Furthermore, Uwerx will implement a liquidity lock for 25 years to ensure platform stability as well as audit the platform with the help of InterFi Network and SolidProof. To prevent potential scams or rug pull, the Uwerx team plans to renounce ownership of the project’s contract.
Technical analysis of the project forecasts that the token could reach $1.2 by the first quarter of 2024. WERX tokens are currently preselling for $0.0225 per token. Investors who take advantage of the presale may benefit from the potential growth of WERX and the freelance industry as a whole and enjoy a 20% purchase bonus as well as front seats to check out the Alpha version of the platform!
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