Cryptocurrency

Uwerx (WERX) Crypto Rallies While Nexo (NEXO) Enters Bearish Trend in 2023

IndustryTrends

Following a police raid on Nexo headquarters in Bulgaria in January, the price of Nexo (NEXO) has plummeted, and investors look to offload their Nexo (NEXO) holdings fearing worse news could still come. But in the same timeframe, Uwerx has continued to soar, and technical analysts state that the bulls remain firmly in control and expect Uwerx to continue rallying for the foreseeable future.

Uwerx (WERX)

In the twenty-first century, the world of work has fundamentally changed. More and more people have chosen to go remote and become their own bosses. Studies estimate that in 2017 there were 57.3 million freelancers in the United States, which is expected to grow to 90 million by 2028. This considerable growth has opened opportunities for third parties to connect workers and employers. However, traditional platforms like Upwork have kept their decade-old business model, failing to evolve.

Uwerx will launch the first decentralized platform for the gig economy. Instead of implementing a bureaucratic heavy, high platform fee and custodian model, Uwerx offers a leaner, more trusted, and secure model. Uwerx, in simple terms, leverages the blockchain's immutability and natural decentralization to provide a better platform for freelancers and employers. Expected to attract millions of freelancers and become a central hub for remote activity, analysts predict Uwerx to appreciate more than 4,000% in 2023. And as experienced investors know, investing early into projects with solid fundamentals and growth potential is often where significant gains are made- especially with a current purchase price of $0.0065.
Uwerx provides the next technological leap forwards for the freelance economy, and this disruptive protocol offers a blockchain solution to a traditional problem, making its growth potential enormous.

NEXO (NEXO)

NEXO (NEXO) is a centralized exchange that focuses on lending and providing yield. NEXO (NEXO) allows investors to deposit their assets and earn income either in the same asset or in the Nexo (NEXO) token. However, following police raids, the value of NEXO (NEXO) has collapsed, and rumors about the solvency of NEXO (NEXO) have begun to circulate. 2022 was a dreadful year for crypto lending desks, with bad debt spreading like wildfire. And many analysts speculate that NEXO (NEXO) may have more exposure to this bad debt than perhaps it is letting on. Investors will have to wait and see what happens, but for the moment, NEXO (NEXO) has entered a bearish trend and one that will be very hard to break.

Uwerx The Next Blue-Chip

Analysts have persistently favored Uwerx due to its real-world utility and, more pressingly, the dire need for innovation in the freelance platform service model. Its close ties with the persistently growing gig economy present investors with a unique opportunity to make significant gains in a crypto that is tied to an industry that has gone from strength to strength. See how you can get in on the action by following the links below and stand a chance to win $5,000 worth of WERX tokens with a 25% bonus on your purchase:

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