The bear market will not last forever; investors who can resist will be more likely to reap huge returns when the bulls start to run.
One of the coins you can position yourself to secure for the long term is Uwerx’s WERX, which analysts believe will overtake Decentraland’s Mana and Stellar’s XLM cryptocurrencies in the near future.
Decentraland (MANA): are people on the metaverse?
Decentraland (MANA) was created in 2017 by Ari Meilich and Esteban Ordano. The platform runs on the Ethereum blockchain and presents users with 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 approximately 1.82 billion in circulation. However, for all the benefits of involvement in Decentraland, the volatile market conditions caused investors to become more cautious in their investments.
Decentraland (MANA) is very vulnerable to market volatility, which makes it difficult to predict what the future holds. Still, analysts believe an influx of people is exactly what Decentraland (MANA) needs to go further.
Stellar (XLM): How patient should investors be?
Stellar (XLM) is the native cryptocurrency of the Stellar network. The creators see Stellar (XLM) as a fast and cost-effective way to lift the finger on remittance giants like MoneyGram and Western Union that complicate global transactions.
These companies charge high fees and can take days to acknowledge a single transaction. The Stellar (XLM) mission is excellent; however, it suffers from low adoption, which may be related to the threat of regulation and tight competition.
Analysts believe that once people see how useful Stellar (XLM) can be, there will be more adoption, which will finally help it break through that $1 barrier; however, with the current state of the market, this appears to be mere speculation.
Uwerx (WERX): Redefining the gig economy
The gig economy shows no signs of slowing down and neither does Uwerx. The Uwerx project is on a parallel growth trajectory towards top-notch cryptocurrency status. While XLM and Stellar can certainly see some positive action going forward, Uwerx looks poised for gains that top these two cryptocurrencies.
Uwerx has a lot to offer the gig economy (which is expected to outpace the entire US economy according to Forbes). Not only does it offer lower transaction fees, but it also promises to reduce payment times and improve security and transparency. The Uwerx platform itself is also intended to create a level playing field for freelancers themselves, through a performance-based ranking system.
Currently, the project is in presale and is priced at $0.00315 – investors are clamoring for a piece of the Uwerx pie – a crypto expected to hit $2 by 2024. Hurry now, buy your share and earn a bonus by 20%.
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