Investors looking for good investments in 2023 want to see some quality in cryptocurrency projects. The days of easy valuations may be over with the rise in interest rates across the globe. Liquidity is harder to find, and the best projects will be rewarded. This is our 2023 price prediction for NEAR Protocol (NEAR), Filecoin (FIL), and Uwerx (WERX).
Uwerx (WERX) is Tipped for Success
We’ll start with Uwerx (WERX) which likely has the best chance of a big price. Some analysts have suggested a 6,000% advance for the WERX token. It is currently available in presale and investors can get their hands on a coin with some good price drivers. Uwerx (WERX) is targeting a niche area with a freelance work platform. This is a fast-growing and lucrative sector that was boosted by pandemic changes to working. Reassuringly, liquidity will be locker in after presale and for an additional 25 years later.
Uwerx will bring this niche onto the blockchain and can benefit from first mover advantage. Uwerx (WERX) is set to disrupt an industry monopolized by Upwork and Fiverr. The digital ledger can shake up an industry that has been criticized for high fees (20% with Fiverr and 10% with Upwork) and slow payment processing. Uwerx (WERX) is still under the radar and can get a rocket boost when it attains mainstream attention and exchange listings. This could be an opportunity to get a potentially future blue-chip cryptocurrency at an extremely good price. In 2023, it is not inconceivable to see WERX trading around the $1.00 level.
NEAR Protocol (NEAR) Seeks to Shake off Gloom
NEAR Protocol (NEAR) was trading at $20 in 2021 at the peak of the bull market. The coin slumped to lows above $1.00 in 2022 and has seen a recent rally. NEAR Protocol (NEAR) emerged in the crypto industry with a bang when it received $350 million in funding after its launch. Hedge fund Tiger Global led the charge and the project reached a valuation high of $12.5 billion.
NEAR Protocol (NEAR) now has a market cap of $1.3 billion and ranks at number 33 in the list of coins. One headwind for NEAR could be financial problems at a firm which is facing a fallout from the FTX collapse. Digital Currency Group, led by Barry Silbert, saw its Gemini exchange and Silvergate Capital companies running into concerns. DCG had to cover $8.5bn in withdrawals, bringing their cash to $3.5bn. NEAR Protocol (NEAR) is one of the company’s holdings. NEAR Protocol (NEAR) could see headwinds from forced selling but should recover to around $5.
Filecoin (FIL) was Hit Badly in 2022
Filecoin (FIL) saw a disastrous plunge in 2022 with a drop from a high of $180 to around $3. Filecoin (FIL) is a decentralized storage network, but the project has to fight against the tech giants in the cloud such as Microsoft and Amazon. When crypto was in a bull market, Filecoin (FIL) saw its value soar. As sentiment turned negative, hopes for mass adoption faded.
Filecoin (FIL) will need to see large-scale adoption of cryptocurrency by institutions and that could be slow after recent market setbacks. For that reason, our price prediction for 2023 is around the $12 mark.
However, we do believe the Uwerx platform stands to give potential investors more gains as it has presents a unique opportunity for investors to get into a future blue chip cryptocurrency and a project that seeks to solve real world problems in a high growth industry. Interfi Network and Solidproof have both certified the audits for Uwerx and liquidity has been locked for 25 years after presale ends, join the presale of 2023 (currently at $0.005) by following the links below:
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network