New narratives continue to develop, overly bearish traders continue to eat sizeable losses as the market pushes higher, and digital assets will become critical wealth-generating assets in the next decade. Large institutions have already begun buying, and whether bears like it or not, the next bull run is coming. A newer protocol, Uwerx, has analysts excited with hyper-bullish price predictions for 2024, and analysts maintain their bullish stance on Ethereum (ETH).
Disruptors look to change the modus operandi of industries. They bring innovation and massively improve the user experience while proliferating from displacement. Uwerx looks to upset the established status quo in the freelancing marketplace and displace companies like Upwork, who have become ossified and conservative despite starting out as innovators.
Upwork has continued to charge outrageous platform service fees of 10%, rely on bureaucratically intense systems, and maintained its long wait periods between work completion and payment for freelancers. There has been a sentiment change amongst freelancers who want an alternative. Uwerx will provide this alternative and build a better, more user-centric platform leveraging blockchain technology.
According to Forbes, 36% of professionals sought payment in cryptocurrency. Freelancers naturally adapt quickly and embrace innovation, and for this reason, analysts expect the coming Uwerx platform built on the Polygon (MATIC) platform to be incredibly popular. They stated that millions of freelancers may join Uwerx, which gives the WERX token the potential to rally beyond $6 by the end of 2024.
Ethereum (ETH) will no longer yield outrageous returns as was once possible. However, Ethereum (ETH) remains at the front and center of crypto, with the continued explosion of growth, from layer two scaling solutions and fundamental upgrades to the Ethereum (ETH) network, including the Merge.
Ethereum (ETH) has broken above the key resistance of $1,912. Given the overhaul to the Ethereum (ETH) tokenomics in 2022, with ETH issuance drastically reduced to the point where Ethereum (ETH) is now a deflationary asset, analysts expect Ethereum (ETH) to cross $8,000 easily in 2024.
Ethereum (ETH) has solidified its role in the crypto space, and with the Shanghai hard fork, staking withdrawals will be enabled, allowing users to stake and unstake their Ethereum (ETH) freely. The attraction of Ethereum (ETH) as a capital asset will likely cause Ethereum (ETH) to make another significant rally.
Uwerx has opened its presale and announced a twenty-five-year liquidity lock when the presale closes. On top of this, the protocol has been audited by Solidproof and InterFi Network, with all the signals pointing to a substantial bullish trend over the next twelve months.
Investors can purchase WERX tokens for $0.00995 during the presale. Several analysts have already stated that this opportunity presents an excellent entry point for what could become a blue chip protocol by 2024; follow the links below to get involved.
Find Out More Here:
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
Lightchain AI enters its Bonus Round with precision timing, capitalizing on a foundation built through…
Traders focused on Cardano are turning their attention to a new project set to launch…
The crypto market has been unusually quiet lately, but that calm might not last much…
XRP is currently stuck in a tricky situation as its price struggles to pick a…
Bitcoin’s price has been moving sideways in recent sessions, but a big breakout could be…
XRP is once again making headlines as the odds of a Spot XRP ETF approval…
