The bear market will not last forever; investors who can hold out will have a better chance of making big profits when the bulls start to run.
One of the coins that can be positioned to secure for the long term is Uwerx’s WERX, which analysts believe will outperform Decentraland’s Mana and Stellar’s XLM cryptocurrencies 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 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 around 1.82 billion in circulation. However, despite all the advantages of participating in Decentraland, unstable market conditions have made investors more cautious when it comes to investing.
Decentraland (MANA) is highly vulnerable to market volatility, making it difficult to predict what the future holds. Still, analysts believe that 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 makers see Stellar (XLM) as a fast and cost-effective way to give the middle finger to remittance giants like MoneyGram and Western Union, which make global transactions a hassle.
Those firms charge a high fee and can take days to recognize a single transaction. Stellar (XLM) mission is excellent; however, it suffers from low acceptance, which may be related to the threat of regulation and strong competition.
Analysts believe that once people see how useful Stellar (XLM) can be, there will be more adoption that will eventually help it break through the $1 barrier; however, with the current market condition, that seems 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-of-the-line cryptocurrency status. Although both XLM and Stellar could definitely see some positive action in the future, Uwerx seems poised to outperform these two cryptocurrencies.
Uwerx has a lot to offer the gig economy (which will surpass the entire US economy according to Forbes). Not only does it offer lower transaction fees, but it also promises to reduce payment times and enable greater security and transparency. The Uwerx platform itself is also set up to create a level playing field for the freelancers themselves, through an incentivized performance-based ranking system.
The project is currently in pre-sale and is priced at $0.00315 – investors are clamoring to get a piece of the Uwerx pie, a cryptocurrency that is projected to hit $2 by 2024. Hurry now, buy your share and get a 20% bonus. .
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This post Decentraland (MANA) and Stellar (XLM) look uncertain as Uwerx (WERX) rises
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