Metaverse Tokens Decentraland and Gala Continue Struggling in 2023; Uwerx Presale In High Demand

The crypto industry has matured by leaps and bounds since the emergence of Bitcoin in 2009. The eye-watering returns that made cryptocurrency a worldwide sensation – especially for early investors in protocols with high potential – is impossible with cryptocurrencies that have already established themselves in the business. Some of these include metaverse tokens that have already had their day in the sun, like Gala (GALA) and Decentraland (MANA).

In crypto, the real money is made in projects with tangible long-term value and smaller market capitalization. In our opinion, Uwerx, a blockchain protocol about to create the first web3-enabled freelance and remote work marketplace and platform, is one of those can’t-miss prospects in 2023 – one better than Decentraland (MANA) and Gala (GALA).

Decentraland (MANA): Expect a Struggle in 2023

The metaverse, for all its trillion-dollar potential, has failed to spur interest in the crypto world as 2023 begins. Blockchain-enabled virtual world platform Decentraland (MANA) was one of the 2021 bull run’s metaverse darlings. But right now, Decentraland (MANA) is in the dumps. Decentraland (MANA) investors can purchase the virtual platform’s tokens called MANA to trade them for LAND tokens. LAND tokens can then be used to buy tracts of virtual real estate.

Metaverse adoption may be just around the corner. But Decentraland (MANA) investors will most likely have to wait another 3-5 years for gains.

GALA (GALA): 14% Up Despite Tremendous Selling Pressure

GALA is a blockchain and GameFi platform that has recently made waves. GALA recently announced the creation of a GALA L1 smart contract platform where GALA tokens can be used to pay fees related to conducting transactions on its new layer one blockchain. GALA (prices are up 14% over the last two weeks in anticipation of the GALA blockchain upgrades. However, GALA is subject to frequent, daily token unlocks that puts tremendous pressure on token prices.

However, it unlocks a lot of tokens every day, which could put more selling pressure on the asset and GALA prices.

Uwerx (WERX): Hotly-Anticipated Presale Kicks Off

Uwerx is a newly-launched blockchain protocol with lofty goals: revolutionizing the gig economy by launching a pioneering freelance platform built on web3 principles and technology. Uwerx intends to create an alternative to traditional platforms like Upwork and Fiverr, and eventually replace them entirely.

Freelancers and clients can expect significantly lower transaction and platform fees, private and secure custody of data, and smart contract enablement with the Uwerx platform. Experts predict that Uwerx has the capability to challenge established traditional freelancing platforms in just a few years.

Uwerx has been audited by the renowned InterFi Network and Solidproof. Moreover, Uwerx devs are proposing to implement a 25-year liquidity lock on the Uwerx platform after presale ends, essentially guaranteeing its long-term success as a project with strong fundamentals, a real use case in a profitable niche, and a project with real world value.

Uwerx is soon going live with its first phase presale, with its native token WERX provisionally costing early investors a bargain of a deal at $0.01. However, with its strong potential, analysts predict WERX tokens to easily hit $5 by the end of the year. It’s always recommended to get in early, and this is a prime example of exactly that!

Website: www.uwerx.network

Presale: invest.uwerx.network

Telegram: t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Latest posts by Guest Author (see all)

Source: https://www.thecoinrepublic.com/2023/03/31/metaverse-tokens-decentraland-and-gala-continue-struggling-in-2023-uwerx-presale-in-high-demand/