The bear market will not last forever; investors who can tough it out will have more chances of getting huge returns when the bulls start running.
One of the coins you can position yourself to secure for the long run is Uwerx’s, WERX, which analysts believe will surpass the cryptocurrencies Decentraland’s Mana and Stellar’s XLM in the near future.
Decentraland (MANA): Are People Over the Metaverse?
Decentraland (MANA) was created in 2017 by Ari Meilich and Esteban Ordano. The platform runs on the Ethereum blockchain and introduces users to a 3D virtual world where they can engage in various activities.
Decentraland’s MANA coin is the cryptocurrency used to purchase virtual goods and services, and there are about 1.82 billion in circulation. However, despite all the perks of involvement in Decentraland, the unstable market conditions have seen investors become more cautious in investing.
Decentraland (MANA) is very vulnerable to market volatility, making it difficult to predict what the future offers. Still, analysts think an influx of people is just what Decentraland (MANA) needs to push further.
Stellar (XLM): How Patient Should Investors Be?
Stellar (XLM) is the native cryptocurrency of the Stellar network. The creators consider Stellar (XLM) a fast and cost-efficient way to raise the middle finger to remittance giants like MoneyGram and Western Union, who make global transactions a hassle.
Those firms charge a high fee and can take days to acknowledge a single transaction. The mission of Stellar (XLM) is excellent; however, it is suffering from low uptake, which can be linked to the threat of regulation and tight competition.
Analysts believe that once people see how helpful Stellar (XLM) can be, there will be more adoption which will finally help it break that $1 barrier; however, with the present market condition, that seems to be mere speculation.
Uwerx (WERX): Redefining the gig economy
The gig economy shows no sign of slowing down and neither does Uwerx. The Uwerx project is on a parallel growth trajectory towards blue-chip cryptocurrency status. Although both XLM and Stellar could definitely see some positive action in the future, Uwerx looks set for gains that surpass both these cryptocurrencies.
Uwerx has a lot to offer to the gig economy (which is set to surpass the entire US economy according to Forbes). Not only does it offer lower transaction fees but it also promises to slash payment times and enable better security and transparency. The Uwerx platform itself is also set to create a fair playing field for freelancers themselves, by way of a incentivised- performance based ranking system.
Currently, the project is in presale and is priced at $0.00315 – investors are clamouring to get a piece of the Uwerx cake – a crypto that has been predicted to hit $2 by 2024. Hurry now, to purchase your share and gain a 20% bonus.