Staking is an integral part of any investor’s portfolio. Lido DAO (LDO) makes the whole process for Ethereum, Solana, and Polygon staking easy by eliminating the minimum deposit requirement and still offering liquidity for the locked tokens.
Since its inception, Lido DAO (LDO) has seen highs and lows. With the recent market booming, does it have the potential to grow in 2023? Or will investors side with freelancing industry maverick Uwerx as it gears up for its presale?
Lido DAO (LDO) made the headlines this year with a 168% rise in value. Starting at just $0.95 a token in 2023, Lido DAO (LDO) rose quickly and is now traded at $2.07.
The rise means profits for investors and stakers alike. The overall market cap has also gained value, with Lido DAO (LDO) capitalization hitting $2.15 billion and crossing $268.8 million in daily trades. But traders believe Lido DAO (LDO) is not out of steam yet. Many are predicting that Lido DAO (LDO) will settle between $2.11 and $3.69. This results in another 22% to 45% gain on top of the already massive 168%.
Lido DAO (LDO) as such presents a potential for growth that has a real possibility to pan out.
While Lido DAO (LDO) concentrates on the staking market, industry disruptor Uwerx is heading after freelancing. Not much explored by decentralization, the freelancing market is one of the largest in the world. As per Velocity Global, “Currently, one in four employees at 40% of global organizations is employed on a contract basis.”
With trends that show that there will be more gig workers in the coming years, Uwerx will be offering a unique chance for freelancers to use blockchain and offer a frictionless and pain-free experience of being their own bosses.
With the presale ready to launch at a discounted price of $0.0075 per WERX, traders and investors alike are showing interest in the freelancing industry revolution that Uwerx will bring. Uwerx is likely to attract freelancers and clients due to several advantages it will offer, such as lower fees and faster transaction times.
Estimates by industry experts put WERX at around $3.2 in September this year. This is roughly a 32000% increase – far more than what is being said about Lido DAO (LDO) potential growth.
Investors are forecasting massive Uwerx growth due to the numerous advantages it will be offering to freelancers.
Everyone knows that economics is a big aspect for freelancers. Uwerx will offer big savings to gig workers by lowering the fee to 1%, whereas industry leaders like Fiverr have a flat 20%. Another advantage lies in the use of smart contracts. Typically, payments are released in 5 to 14 days. Uwerx will make it near instant with smart contracts as soon as a client accepts a delivery.
Using blockchain will also offer transparency of data and copyright protection, something freelancers worry about a lot.
The team has made the WERX token secure too, with a complete audit done by InterFi Network and SolidProof, showing there are no weak points in the ecosystem. On top of that, a 25-year liquidity lock will also commence after presale completion, offering additional security.
This is apart from the recent decision by the team to give users complete control of the platform and bringing token sale taxes to zero.
With the presale just around the corner, analysts believe WERX has all the ingredients to be the next golden goose surpassing Lido DAO (LDO).
Check out Uwerx socials to get in on the presale and enjoy a 25% purchase bonus at a price of $0.0075 before the price increase on Saturday!: