The bearish phase of the crypto market is predicted to end by the start of 2023. Currently, it seems that the potential of a bull market is fluctuating. Analysts however maintain a positive outlook, citing the sustainability of the market amidst the pandemic and economic situation of the past few years. Improved performance resulting in higher profits and increased liquidity of the crypto coins will lead to the adoption of newer currencies and networks.
Hedera (HBAR) with its ability to create powerful dApps and Aave (AAVE), which is a decentralized finance protocol built on the ETH network, are bright spots in the crypto sphere. Uwerx, which will be based on the Polygon network is expected to boost profits with its enhanced trust, security, and transparency.
Hedera (HBAR) As a Blockchain Alternative
Hedera (HBAR), launched in 2018, is a sustainable public network that eliminates the instability and sluggish performance that plagues the blockchain platforms.
As a blockchain alternative, Hedera (HBAR) promises speed, security, and efficiency. Instead of the energy-guzzling blockchain networks, Hedera (HBAR) has low fees, fast transactions, and less than a 1-cent transaction fee.
Applications of Hedera (HBAR) include creating decentralized applications (dApps) that are used in gaming, digital identity, decentralized finance products, and more.
Hedera (HBAR) is priced at $0.03842 currently, with a trading volume of $19,173,966. Analysts predict the value can increase up to $0.04, with the average trading price being around $0.037. Thus, there is not much increase in value to look forward to with Hedera (HBAR).
Aave (AAVE) Offers a Unique Advantage
As a new entrant in the decentralized finance space, Aave (AAVE) provides a lending system that users can apply to borrow or lend. They can earn interest without the need for middlemen.
Based on the Ethereum blockchain, the Aave (AAVE) smart contracts system enables efficient management of funds. Users can lend or borrow 17 different crypto coins like BAT, MANA, ETH, and more. Borrowers can choose fixed and variable interest rates or alternate between them as per their needs.
Aave (AAVE), which is priced now at $57.07, has a 24-hour trading volume of 72.99 million. As per crypto experts, Aave (AAVE) is expected to reach the $88.16 maximum by the end of 2023 with an average value of $73 for the year.
Uwerx (WERX) Predicted to Reach Incredible Highs
The soon-to-be-launched Polygon network-based crypto, Uwerx, is a freelance platform currently running an ICO. It assures a low fee of 5% as against the 20% that platforms like Upwork charge. Some feature highlights of this platform include:
- More transparency due to the records being stored on the Polygon network
- Robust protection of intellectual property rights
- Enhanced security and trust
Uwerx (WERX) as a Blue-Chip Crypto Platform
Focused on the freelancing sector, Uwerx aims to become a dominating force, courtesy of the fundamental benefits it offers over conventional platforms. Experts predict that WERX priced at $0.005 now can increase to nearly 6,000%.
The main reason for the phenomenal growth prediction is because of the inherent structure of the platform. Uwerx has the potential to turn into a blue-chip crypto platform used by millions of people globally. Confidence in this potential is high – especially due to the fact that the project’s creators have renounced contract ownership as soon as the Uwerx is listed on centralized exchanges.
Although Hedera (HBAR) and Aave (AAVE) dominate the crypto space with their innovative design and unique use cases, Uwerx provides a splendid opportunity with its higher growth potential.
Furthermore, it is a well-known fact that getting into projects at the early stage is always lucrative. Thus, compared to Hedera (HBAR) and Aave (AAVE), Uwerx presents a very promising investment opportunity and we highly recommend looking into it.
