The crypto world seems to be shaking off the crashes of powerhouses Terra and FTX finally. The market is making a stride upward and all cryptocurrencies seem to be rising along.
Three assets, Bitcoin Cash (BCH), Uwerx (WERX), and Curve (CRV) will dominate the market this year. But out of these three, which will lead?
Will Bitcoin Cash (BCH) Be King?
The most famous fork of the original Bitcoin, Bitcoin Cash (BCH) split back in 2017 after differences arose on how to improve the original cryptocurrency. While Bitcoin Cash (BCH) itself went to another fork a few years later, it is still a popular coin amongst users. Faster and more efficient, Bitcoin Cash (BCH) is valued at $2.6 billion capitalization and $193 million worth change hands a day.
Bitcoin Cash (BCH) YTD progress has been good. Gaining 39% in January alone, moving from $97 to $135. The future also holds a good outlook for Bitcoin Cash (BCH), with technical and fundamental indicators pointing to a possible high of $250, or an 85% growth.
Uwerx (WERX)’s Possible Meteoric Rise
It is seldom that new projects can have an impact that lasts a lifetime. Uwerx has all the ingredients to do so this year.
An upcoming project that aims to disrupt the freelancing industry, Uwerx allows freelancers to earn more. Uwerx will offer a reduced fee, instant payment release, and copyrights protection where market leaders fail to do so.
While its planned services are efficient, it also intends to make the whole ecosystem secure and safe for its users. Plans include a 25-year liquidity lock after presale to protect WERX (its native token) holders. Uwerx has also achieved one of its security goals. The prestigious InterFi Network and SolidProof have both already completed code audits and declared Uwerx free from weaknesses.
All planned taxes on transactions will also be let go, along with ownership moved to users eventually.
The result is an industry-wide interest in its WERX token, with forecasts putting it at $1.5 in 2023, starting from its planned presale of $0.0075. If the prediction pans out, this is a massive 14,900% jump.
Curve (CRV) Graph on The Rise
Curve (CRV) pioneered the use of AMM to offer a stablecoin trading market. Over the years, Curve (CRV) has expanded operations and uses its token for governance purposes under its DAO. As a DeFi service, Curve (CRV) has always enjoyed growth as the crypto market expands.
With 2023 starting good, Curve (CRV) is also swelling in value. The first 30 days of 2023 have resulted in a 100%+ jump. Curve (CRV) has already grown from $0.52 to $1.08.
There are predictions of another doubling this year for Curve (CRV) as people start returning to DeFi platforms. As such, it can do a 94% jump easily, with $2.1 a possibility.
Where to Invest Then?
While Curve (CRV) and Bitcoin Cash (BCH) are well-established projects and their tokens have market worth, new projects like Uwerx are where the real profit opportunities lie.
Uwerx has some strong factors that give it a real shot at being a mainstream token this year. At the same time, the expected jump in price is something that you should keep in mind when comparing Bitcoin Cash (BCH) or Curve (CRV) in your trading and investing strategies.
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