Price action in the crypto market has been interesting recently, considering how the landscape is expectant of a bull run. Following almost two years of bear rallies and downtrends, the only thing the market can look forward to now is a bull run. However, it should already be common knowledge that the best gainers of the next bull market are created from the decisions they make in the bear market. Therefore, you should be looking to position yourself for cryptocurrencies with huge prospects for growth.
Cardano (ADA) and Uwerx are two cryptocurrencies with promising price projections over the coming months.
Cardano (ADA) has been actively building in the past few years, and continuous development has been one of the biggest catalysts for the network’s growth. Also, Cardano is a leading network for high developer activity, and some of the building is starting to become evident.
Over the previous few days, transaction volumes on the Cardano-based DEX, Minswap, increased as traders probably combed the network searching for meme coin profit chances. Volume increased dramatically on Minswap to $18 million from about $1 million at the beginning of May. By locked value, Minswap is the largest Cardano application, controlling 37% of Cardano’s total token holdings, which amounts to over $175 million.
SNEK (SNEK) and BANK (BANK), two meme currencies built on Cardano, contributed significantly to the increasing volumes. According to research, the two tokens’ prices increased by as much as 34% in the last day, and Minswap alone accounts for $40 million worth of the transactions. And like the bull run of 2021 started with a memecoin(Dogecoin), we can start to see some positive trends on Cardano.
Uwerx is a new project still on presale, and the peculiar thing to note is that, more often than not, presales are a good deal if you can get in. Presales allow you to enter below market value and sell for impressive profit, even better if it’s a solid utility project. However, presale events have been gated recently and mostly held privately for VC companies and whitelisted buyers.
Therefore, the Uwerx presale is an opportunity to buy into a solid project the market has not had in a while. Uwerx is a new Web3 freelance platform with a better offering for the gig market. It has grown massively in the weeks since the presale started. With over 7,000 early sign-ups, early adopters can take advantage of the massive margin on presale for potential profit.
The fifth phase of the presale is now offering tokens at a highly favourable rate of $0.05245, along with an appealing 15% bonus. This poses an excellent chance to get involved. However, be aware that the price is set to rise to $0.06294 on Tuesday, February 25th, 2023, at 18:00 UTC.
Join early now and buy WERX on presale to claim 15% bonus tokens:
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