Buying the Rise in Solana (SOL) and Avalanche (AVAX)? Profit with the Uwerx (WERX) Presale Instead
Avalanche (AVAX) and Solana (SOL) ranked among the best performers of 2021 – particularly Solana (SOL), which did a massive 11,000% increase entering 2022. However, both Solana (SOL) and Avalanche (AVAX) have underperformed in recent months, with the former struggling through a series of technical outages and the dominoes collapsing on Terra and FTX.
Cracks were forming in the Solana (SOL) and Avalanche (AVAX) narratives after unprecedented growth in 2021. Needless to say, is it worth buying the dip on these cryptos as newer, lower cap tokens with massive potential are launching? We’ll talk about Avalanche (AVAX), Solana (SOL), and presale token Uwerx, a highly-tipped crypto that might beat more established tokens in growth in 2023.
Avalanche (AVAX) Crashes and Loses Users
Avalanche (AVAX) was one of the major success stories of 2021 as one of the new-generation smart contract platforms that delivered upwards of 3,000% returns for its presale-phase investors. However, Avalanche (AVAX) was one of the biggest losers of 2022. At the beginning of 2022, Avalanche (AVAX) token prices started at $112; the token is currently trading at $18.89 at the beginning of the year.
Around April to May, when Terra Luna (LUNC) collapsed, Avalanche (AVAX) transactions per day dropped from just below one million to slightly over 200,000 at the end of May. Avalanche (AVAX) isn’t just losing value – it was losing users AND investors.
Solana (SOL) Trying to Bounce Back from Record Lows
2022 has been especially unkind to Solana (SOL). The smart contract platform was subject to service disruptions, outages, security incidents, and overexposure to the doomed FTX exchange and its former CEO Sam Bankman-Fried – the latter of which rank among the biggest holders of Solana (SOL). Solana (SOL) has lost over $50 billion in market capitalization from the beginning to the end of 2022, hitting record lows as the year ended.
Solana (SOL) has recovered a bit to begin 2023, but price action indicates that investors remain skeptical in buying Solana (SOL).
Presale Star Uwerx (WERX) Poised for Massive 2023 Run
Marketplaces for freelance work became popular during the pandemic, with individuals taking advantage of platforms like Upwork and Fiverr to earn extra income. However, many users have complained about their high transaction fees, centralization, and difficulty finding quality jobs and clients.
That’s where Uwerx comes in. Uwerx is building the first Web3-enabled freelance marketplace using Web3 technology to create a freelance marketplace for the $1 trillion gig economy that offers minimal platform and transaction costs, greater data storage and transparency options, decentralized management, and better opportunities for freelance workers using the platform.
Uwerx is launching with discounted presale prices of $0.0065 which we believe is an excellent opportunity for crypto investors who wish to make big gains in 2023. Analysts predict Uwerx prices will rise to $2 by mid-2023, with further potential to make higher gains after listing on major exchanges.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
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Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
