If you are looking for a promising project in its early stages that shows excellent room for growth and great fundamentals, look no further! Some analysts believe they have found the perfect one – Uwerx, a Stage-2 presale initiative that could even outperform Ethereum Classic (ETC) and Dogecoin (DOGE). But why have they come to this conclusion? Let’s explore.
Ethereum Classic (ETC) Drops By 2%
In the first few weeks of 2023, Ethereum Classic (ETC) saw a shocking surge of 30%, waking up the bulls who were in hibernation for most of 2022. Although Ethereum Classic (ETC) saw a short rebound, this appears to have subsided as the coin is showing bloody charts again.
At this time, Ethereum Classic (ETC) is trading for $18.43 with a market cap of $2.6B, a loss of 2.40% over the last day alone. The sentiment around Ethereum Classic (ETC) is negative now, with bears still controlling the coin. Investors are advised to seek out other projects with more use cases as they are more profitable in the long run compared to Ethereum Classic (ETC).
Dogecoin (DOGE) Unable To Sustain Momentum
The original meme coin, Dogecoin (DOGE), was also one of the coins that enjoyed the crypto bloom at the start of 2023, as it soared by 27%. But, Dogecoin (DOGE) could not sustain this long-term as it currently has a value of $0.07. This is a 4% drop in the past 24 hours and a 3% decrease from a week ago.
However, Dogecoin (DOGE) is increasing its trading volume, with a single-day 37% jump. Although Dogecoin (DOGE) may see some positive charts again, it lacks long-term growth due to its limited use cases. Dogecoin (DOGE) must make a drastic change to attract investors.
Uwerx (WERX) Could Be A Powerful Crypto Entity
We predict that Uwerx could be one of the most important projects to come out this year. This decentralized blockchain-based crypto looks to be a game changer. It will offer rewards and bonuses to users who perform certain actions, access to premium features such as exclusive content, token burns to reduce supply and maintain value as well as serve as a medium of exchange. The platform promises reduced fees (5% vs. 20% at Upwork and Fiverr) and faster transaction speeds. These features come together to give a solution that is revolutionary within an industry that is projected to grow exponentially.
We recommend investors go through the links below to find out more details. The presale is ongoing at $0.0315 – liquidity has been locked in for 25 years after presale and the project already has had its smart contracts audited by both Solidproof and InterFi Network. We recommend potential investors should not miss out on this project as it is tied to solving real-world problems in an ever-growing industry.
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Source: https://coinpedia.org/press-release/analysts-focus-on-uwerx-presale-in-2023-put-ethereum-classic-dogecoin-on-bench/