Decentraland (MANA), Ethereum (ETH) and Uwerx (WERX) Crypto Price Predictions
The crypto market is hot and experienced traders expect it to remain so until the end of Q2. Investors waiting for a pullback will be in for a rude surprise, and Bitcoin (BTC) continues to push higher, opening the way for all altcoins to rally hard behind it. Analysts have announced a bearish outlook for Decentraland (MANA), an optimistic prediction for Ethereum (ETH) and a hyperbullish forecast for Uwerx.\
Decentraland (MANA) Price Prediction
Decentraland (MANA) is trading near $0.55 and analysts expect Decentraland (MANA) to increase to $1.20 in the following months. However, analysts remain long-term bearish on Decentraland (MANA), given the increased competition and lack of metaverse adoption that will be critical to the financial success of Decentraland (MANA) and other metaverse projects.
Decentraland (MANA) is a virtual reality and users can own land in Decentraland (MANA). Land sales enjoyed high speculation in 2021. However, this interest has not resurfaced and Decentraland (MANA) has failed to attract a larger user base.
Ethereum (ETH) Price Prediction
Ethereum (ETH) has been the market leader in 2023 and currently Ethereum (ETH) is trading above $1,913. Analysts have predicted that Ethereum (ETH) could trade as high as $3,200 by the end of the year, pointing to the continued growth of Ethereum (ETH) ecosystem. Layer two scaling solutions have brought scalability to Ethereum (ETH) and have been in a mini-bull market since launch.
Ethereum (ETH) has upgraded its tokenomics, and since the merger, Ethereum (ETH) has officially been deflationary, with more Ethereum (ETH) burned than new Ethereum (ETH) minted by the network. Analysts have pointed to this upgrade underpinning Ethereum’s (ETH) positive future price action.
Uwerx: The future of freelancing
Uwerx is a new protocol to be launched on the Polygon network (MATIC) and it will deploy a decentralized platform for the gig economy. According to Forbes, 2023 is a growth year for many freelancers. During employment breaks, work continues. Fiverr found that 78% of companies will rely on freelancing in 2023 instead of adding employees. However, despite this increased growth and reliance on freelancers, marketplaces continue to act as bottlenecks to growth.
Upwork, the market leader, charges a flat 10% service fee to all users. This stops many freelance careers before they even begin due to the inability to make a living in the beginning. Uwerx will drastically reduce this fee by 75% and, more importantly, ensure immediate payment to freelancers after work submissions thanks to the use of smart contracts. It has already been audited by InterFi Network and SolidProof, will lock in liquidity for 25 years after the pre-sale closes as well as relinquish contract ownership when the project is ready to be listed on centralized exchanges.
Join the Uwerx Presale today
The Uwerx pre-sale is open and investors can join a protocol that analysts believe could be a blue chip as early as 2024. Its future potential price action outweighs Decentraland (MANA) and Ethereum (ETH).
Early investors will join in the first stage, opening up the possibility of outlandish returns given significant freelance adoption, which several analysts speculate could happen as early as Q2 2023; follow the links below to join the pre-sale that is revolutionizing freelancing today.
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Disclaimer: This content is informative and should not be considered financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basics. Readers are encouraged to do thorough research before making investment decisions. Crypto Basic is not responsible for financial losses.
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