2023 is turning out to be generally favorable for cryptocurrencies as they start to shake off the doom and gloom brought in the last few months of 2022. Traders are pinning their hopes on Polygon (MATIC) and Zcash (ZEC), especially with their planned and existing privacy services respectively.
One project though is expected to beat these giants. There is much hype in the market about Uwerx, the freelancing platform of the future that will reshape the gig economy.
Uwerx (WERX) Presale Set to Skyrocket
Bringing real-world utility into the crypto sphere, Uwerx plans to leverage blockchain technology and smart contracts to revolutionize how the current freelancing market operates. Unlike other tokens that are built on hype, WERX offers to take the projected $455 billion market and give freelancers a friendly platform to earn.
Instead of minting money from freelancers’ efforts, Uwerx will help them make more. From cutting down the commission rate (1% in a market where it can be as high as 20%) and having no withholding period, Uwerx will not only attract gig workers but traders and investors as it has a real chance of exploding in value.
Already carrying an all-clear report from code auditing firm InterFi Network as well as Solidproof and a 25-year-long WERX token lock-up to protect liquidity after presale ends, Uwerx team will be renouncing ownership, giving control to token holders and a complete removal of all taxes.
With a presale setting the investment world alight and offering a one-in-a-lifetime chance to grab WERX for $0.01 per token, the possible gains are immense. Some crypto experts are already hinting at WERX achieving almost a 120x increase to $1.8 in the coming months.
Polygon (MATIC) Enters the Privacy Arena
Polygon (MATIC) is one of the most promising projects built on Ethereum. Acting as a secondary layer to the original blockchain, Polygon (MATIC) helps to drastically increase transactions and reduce gas costs. That’s why some of the largest DeFi and Web3 projects utilize the L2 network.
Recently the Polygon (MATIC) team completed a Zero Knowledge test. According to the Polygon (MATIC) developers, the results are positive and the roll-up will give the network an even faster transaction speed along with hiding transaction values from the public.
The news pushed Polygon (MATIC) to $1.00 as the token posted 43% gains in January. With the update expected this year, it might boost Polygon (MATIC) further, putting it in the $2.5 bracket with a 129% rise, slightly below its $2.92 ATH.
Zcash (ZEC) Gaining Popularity
While Polygon (MATIC) is testing private transactions, Zcash (ZEC) has been doing this for years. Issues like the U.S. sanctioning crypto mixer Tornado Cash and MetaMask wallet snooping have also had an influence. There has been a marked increase in user activity for Zcash (ZEC), with the privacy coin gaining 20% in January alone.
Zcash (ZEC) is hovering around $36.93 currently. But there are chances of more boosts as regulators may come down hard on crypto exchanges in a post-FTX world. The combination of regulatory tightening and big brother snooping can further push crypto users to adopt Zcash (ZEC) to maintain their privacy.
If this happens, Zcash (ZEC) has a chance to balloon to $77, posting a likely 72% profit before the year is up.
In the end, even if Zcash (ZEC) and Polygon (MATIC) achieve even the most optimistic outcomes, their progress will remain overshadowed by what potentially Uwerx can hit, at least in our opinion.
See for yourself by following the links below and enjoy a 25% purchase discount.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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Source: https://www.thecoinrepublic.com/2023/04/25/experts-predicting-uwerx-to-become-bigger-than-polygon-and-zcash/