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Investors who survived last year’s bear market now know the value of investing in profitable crypto projects. This is why analysts expect smooth sailing for Litecoin (LTC), GALA (GALA), and Uwerx all the way to year-end, giving buyers an ideal opportunity to earn massively.
In this article, we’ll compare the 2023 price prediction of Litecoin (LTC) and GALA (GALA) with that of the presale project, Uwerx. Which of the three can be more profitable? Continue reading to find out.
Litecoin (LTC) Continues To Surge Due To Ongoing Ordinals Mania
Litecoin (LTC) has had a good run for the past 4 months, surging by 17.20%. The crypto currently trades at $91.10 and has risen by 13.28% just this past week.
As Litcoin (LTC) originally forked from Bitcoin (BTC), it benefits largely from any upward trend from the latter. Also, it provides a good scalable alternative to Bitcoin (BTC) as it reduces its block time.
This feature of Litecoin (LTC) was especially handy as Bitcoin (BTC) continues to experience high traffic due to the ongoing influx of Ordinal inscriptions, a new craze in the crypto world that allows people to mint pictures or moving images as digital assets on the Bitcoin blockchain—just like NFTs.
Due to this heightened activity, Litecoin (LTC) has registered over 2.58 million inscriptions on its blockchain since February till date. Experts believe Litecoin (LTC) might rally to $135.33 later this year.
Litecoin (LTC) consistently shows its reliability as a long-term investment, undeterred by the hype surrounding other altcoins. It currently offers miners a high block reward of 12.5 LTC. However, Litecoin (LTC) might halve its block reward by August.
Can GALA (GALA) Overcome The Recent Concern About Its Performance?
GALA (GALA) is the native token of Gala Games, an Ethereum-based platform that allows players to earn cryptocurrency and NFTs by playing games. It was founded by Eric Schiermeyer and launched in 2020.
The GALA token is used to secure the gaming platform and incentivize players. It has registered a weekly growth of 5.01% and currently exchanges for $0.031. However, its 24-hour chart shows a decline of -1.3%.
In a recent announcement, Gala Games revealed they had destroyed 21 billion GALA tokens, worth about $637 million. This was done after they upgraded the $GALA contract to release the new V2 GALA tokens.
Gala Games stated they decided to perform the token burn to assuage the concerns of GALA holders that the GALA project and its tokens might fall after they issue the V2 tokens.
Thanks to the token burn, the GameFi project might close the year with its GALA token selling for $0.046, as predicted by analysts.
Uwerx (WERX) Will Tap Into The Robust Freelance Economy
Uwerx is building a decentralized freelance platform. It aims to leverage blockchain technology to address the critical weaknesses present in the current industry. It will slash the standard platform fee to 1% and deliver an overall superior service.
Uwerx has completed its 4th presale stage and has launched the 5th stage. The platform boasts of 5,546 sign-ups and 1,627 and 1,456 followers on Twitter and Telegram, respectively. The native token, WERX, trades at $0.041. Also, its token holders will receive a test airdrop to ensure they correctly entered their receiving wallet addresses. This move was approved by 98.2% of the Uwerx community.
Due to its niche in the multi-billion dollar gig economy and its unparalleled advantage over traditional freelance platforms, analysts speculate Uwerx will trade between $2.00 and $2.50 by Q4 2023. This sprouted more confidence in the Uwerx team as they increased the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115. The team also revised the presale token allocation from 45% to 57% due to the higher demand for the WERX tokens.
Meanwhile, Uwerx has already received audit approval from SolidProof and InterFi Network. It has also launched its Alpha version, featuring a Landing page and a Sign-Up page. Other new features, including a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more, will be released weekly/bi-weekly.
In addition, users can expect this current version to transition into the Beta version very soon. The Beta version will allow them to interact and test its performance. All recommendations and feedback can be sent to the Uwerx dedicated feedback email at [email protected].
The Uwerx development team has assured investors of their commitment by reducing the developer token allocation from 8% to 7%. In addition, the developers will renounce their smart contract ownership after listing WERX on centralized exchanges. They’ll also lock in their allocated assets for 25 years. While the initial plan for the lock-in period was to commence after the presale, 82.8% of the community voted for it to begin during the presale.
Furthermore, Uwerx will provide a secure Vault where its WERX token holders can store their assets in return for interest. The Uwerx Vault offers staking features designed to encourage more engagement on the platform.
While Litecoin (LTC) and GALA (GALA) indicate a possible increase in the long term, it is clear that Uwerx can do much better, going by its price prediction. Also, Uwerx’s presale has been a success, thanks to the agile methodology approach adopted by the developers. This has helped them release the project in stages while making significant improvements over time.
Hurry now and join the Uwerx presale before it ends on 31st July. You’ll also enjoy a 15% purchase bonus before it decreases with the rising presale price. The links below will give you more updates and information on the presale.
Website: https://www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/06/08/uwerx-enter-robust-freelance-economy/