Chiliz (CHZ) and Tezos (XTZ) are two coins that are trying to cling to the top 50 in the listing of coins by market cap. Both projects have seen greater performances in the past but have fallen out of favor with investors recently. A new project that can eclipse these two projects is Uwerx. The project’s token is currently in a presale but is tipped for big things by analysts.
Chiliz (CHZ) Lacks Mainstream Traction for Fan Coins
Chiliz (CHZ) is the native token for the Socios sports platform which has seen the launch of coins for big-name sports teams. The price of Chiliz (CHZ) was trading at the $0.70 level but has now slumped to $0.10. The reality for these types of projects is that mainstream adoption is hard to come by at present. That will cap any upside for the project in 2023 and investors can look for better opportunities.
Chiliz (CHZ) has seen some recent positive news with a CME data feed listing and some fan tokens have been added to Upbit, which is South Korea’s largest crypto exchange. UPbit said that it would list fan tokens for AC Milan (ACM), Atletico Madrid, Manchester City (CITY), Naples (NAP), Arsenal (AFC), Barcelona (BAR), and Inter Milan (INTER). This is good news but doesn’t hide the fact that listings on other exchanges have not fuelled big rallies.
Tezos (XTZ) is Outside the Top 50
The Tezos (XTZ) token is currently outside the top 50 tokens by market cap and has struggled to regain ground. Tezos (XTZ) has also been part of some football-related activity recently with the launch of NFTs from Manchester United. More than 750k fans signed up for the offering, and it is another string to the Tezos bow.
Tezos (XTZ) traded to highs around the $8 mark in 2021 but has since slumped to $1.12. That is similar to the performance of many other coins, but the next bull market may not reward all coins. CHZ and XTZ could both see some positive price action in the near future, but we believe it would be advantageous to seek opportunities with higher growth potential.
Uwerx (WERX) Can Tap into a Growing Niche
Uwerx is a brand-new project currently in presale that can offer higher growth potential in a real-world use case.
Uwerx will be targeting the growing and resilient niche that that is the freelance work sector, which is predicted to be worth over a trillion dollars within the next five years. Although Uwerx is a project still in presale we believe it could make a rapid move towards top twenty status. Uwerx is targeting the fast-growing market for freelance workers and will bring that sector to the blockchain. Upwork, a stock market-listed competitor has over 145,000 employers on its site, each spending at least $5,000 per year.
Uwerx can attract a large portion of that market share with a blockchain offering because it will offer a big reduction in fees and could reduce payment times with the WERX token or a USD stablecoin. There would be other benefits for employers in the form of intellectual property control and the potential for greater transparency over postings and resumes. Uwerx is currently trading at $0.005 in a token presale, but it will not stay there. Experts have in fact predicted a rapid increase to $2.60 by August 2023.
Check out the presale for this revolutionary project and make use of the 25% bonus offer 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
