Cryptocurrency

Decentraland (MANA) and Terra Classic (LUNC) Lose Gains. Investors Turn to Uwerx (WERX) Presale

IndustryTrends

After the FTX collapse the regulators in the U.S. have been more vocal about the coming crackdown on crypto. Many coins could also find themselves on the receiving end of fines for securities offerings. Three coins that can evade are sanctions and also provide good upside are: The is Graph (GRT), Quant (QNT), and Uwerx.

Uwerx (WERX) Focused on a Booming Market

Uwerx is a brand-new project that is seeking to challenge the likes of Fiverr and Upwork in the world of freelance gig work. Uwerx will be the first to combine that market with the blockchain and that can see the project grab quick market share. The gig economy is growing fast with 73 million workers anticipated in the U.S. in 2023. That is expected to grow further to 91 million by 2028 as more companies embrace temporary workers.

The rival Upwork platform saw a record year with $3.5bn of work bookings in 2022, up 35%. The project also had $500m of revenues and that gives an idea of what Uwerx can have in the crypto market. Uwerx was given the approval of an audit by InterFi Network and Solidproof and that will give investors some peace of mind. There is also a lock on development capital for 25 years after the presale ends, so this is a long-term option for crypto investors. Uwerx will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms.

Decentraland (MANA) will See Gains Capped in 2023

Decentraland (MANA) started 2023 with a rally as traders looked for bargains after the bear market. Decentraland (MANA) has been building its virtual world since around 2018 and investors are able to use Decentraland (MANA) tokens to exchange them for LAND tokens. Those LAND tokens allow the purchase of land space in the Decentraland (MANA) metaverse.

The record sale for a plot of land in the Decentraland (MANA) virtual space is $2.3 million, which was set near that market high. Investors can do anything they wish with the land; we have seen things pop up such as games and casinos. If the metaverse gains mainstream adoption then corporate advertising and land sales will be big for Decentraland (MANA). However, that could be some time away and investors will see gains fade this year.

Terra Classic (LUNC) has Risk for Investors

Terra Classic (LUNC) was a coin on an uptrend after rising from the ashes of the LUNA collapse. Terra Classic (LUNC) has now started to see a consolidation period as traders no there is no miracle revival for the project. Terra Classic (LUNC) is a coin that is being bought up by retail investors in the same way they buy bankrupt meme coins. Investors should look to a serious project like Uwerx.

Terra Classic (LUNC) received a boost with the news that the Binance exchange had finally removed warning signs for the token. Investors seeking to buy Terra Classic (LUNC) faced a warning stating that the token was subjected to "negative news/coverage recently". That doesn't mean that investors will now pile into Terra Classic (LUNC) as they are aware of the history.

Be a part of 2023's most exciting presale using the links below. The presale price of $0.0075 and the 25% purchase bonus is the most enticing part of the presale as we believe the WERX token has the potential to be a blue-chip crypto simply because it is tied to the freelance industry. An industry that has gone from strength to strength in volatile markets. Follow the links below to find out more:

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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