Chainlink (LINK), Cosmos Hub (ATOM), and Uwerx (WERX) Look Promising For 2023

After some market turmoil in 2022, cryptocurrency investors have to be careful about the investments they make for 2023. Projects have been rattled after the collapse of FTX, which threatened to bring down other projects with contagion. Investors looking for a safe haven in the year ahead should consider Chainlink (LINK), Cosmos Hub (ATOM), and gig economy disruptor Uwerx.

Chainlink (LINK) is a Solid Investment in this Bear Market

Chainlink (LINK) provides a substantial investment opportunity for troubled times and will be a good bet for a crypto rebound. Chainlink (LINK) is a self-sufficient project that finds its oracle products in hot demand. Chainlink (LINK) is a service provider that offers industry-standard web3 services for linking data and smart contracts to different blockchains.

A recent partnership for Chainlink (LINK) was with the Aave lending platform and Chainlink (LINK) will add a “Proof of Reserves” tool to secure the project’s AAVE tokens and AVAX bridged tokens. The Proof of Reserve issue has been a key talking point after the FTX collapse and could boost uptake in the crypto lender. That could see rival DeFi firms also seeking to use the technology of Chainlink (LINK) and that will boost the price. LINK fell from $25 to only $5 and could offer a 5X opportunity back to the previous highs.

Cosmos Hub (ATOM) Can Also Gain with a Niche Product Area

Cosmos Hub (ATOM) has a similar outlook to LINK with the price falling from $40 to $9 in the last year. Cosmos Hub also operates in its own niche area of the crypto industry and the project calls itself the internet of blockchains. Apps and services on Cosmos Hub connect using its Inter-Blockchain Communication protocol, allowing connectivity and asset exchange across different networks.

The Cosmos Hub (ATOM) hub provides key services to support the work of the IBC. The four key elements are a marketplace, custodian service, router, and security provider. The decentralized marketplace will enable users to exchange assets at a low cost. The custodian service will be a safe storage area for digital assets, while the router and security options will boost the safety of asset and data exchanges. Cosmos Hub (ATOM) can benefit from third-party partnerships and a growing need for cross-chain swaps and products.

Uwerx (WERX) Presale: A Niche Crypto Operator

Uwerx has the same appeal as LINK and ATOM as a decentralized crypto provider in a niche market. The key differentiator with Uwerx is that it looks to ease the real world pain points of freelancers and their employers as well as its association to the freelance industry in itself, which shows no signs of stopping in its year on year growth and positive outlook. Uwerx is looking to disrupt the market for gig economy platforms and is a real threat to the likes of Upwork and PeoplePerHour. By bringing decentralized, blockchain technology to this space, Uwerx can tap into a fast-growing market and bring power back to freelancers.

In an August report, industry consulting experts McKinsey talked of the growing market for freelance workers. The current state of freelancing in the U.S. alone is “a remarkable 36 percent of employed respondents—equivalent to 58 million… This figure represents a notable increase since we estimated the US independent workforce in 2016 at 27 percent.” Uwerx can tap into that booming market and bring decentralized benefits for lower fees and faster payments. Liquidity will be locked for 25 years post presale.

Confidence levels are certainly high as the team behind Uwerx has also renounced contract ownership Currently, the presale price is $0.005. This has led analysts to predict the WERX token could increase by as much as 8,500%.  Experts predict the token could hit $2 within Q1 2024 and $1 by 2023. Currently, the platform is including a 25% bonus for early investors int the ongoing preliminary stage of the presale. This positive outlook has paved the way for blue chip levels of confidence in the platform. Investors should get involved at the presale before the rest of the market catches on.

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