Ripple (XRP), Stellar (XLM), or Uwerx (WERX): Which Crypto is a Good Buy for 2023?
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The year is winding down with the majority of investors experiencing major losses in 2022. The broader cryptocurrency market lost over $2 trillion in value, washing away most gains investors made in 2021.
Stellar (XLM) and Ripple (XRP), for instance, have lost over 90% of their all-time highs. Will buying the dip on these tokens be a profitable strategy?
Or is it in presale tokens with massive potential like Uwerx – a project that’s building in the intersection of freelance work and Web3? Let’s take a closer look at which of these three tokens are worth investing in for 2023.
Ripple (XRP) SEC Woes Continue
The dearth of updates from Ripple (XRP) Labs’ lawsuit with the United States Securities and Exchange Commission is suppressing prices for Ripple (XRP) token holders. Consequently, Ripple (XRP) holders anxiously await rulings that will definitely impact price and ultimately swing the outcome of Ripple (XRP) Labs’ fight against the SEC.
Ripple (XRP) was trading at $0.34, a massive 90% discount from its all-time highs. Ripple (XRP) investor sentiment is turning to extreme caution as looming regulatory intervention post-FTX had Ripple (XRP) touching lows of $0.30. Confidence seems to have regained its footing amongst investors as XRP has now managed to climb up to $0.50.
Stellar (XLM) Facing Market Headwinds
Stellar (XLM) was developed as a blockchain platform specializing in facilitating transactions between digital and fiat currencies. Stellar (XLM) is known for its partnerships with major financial players such as IBM and Deloitte, rewarding early Stellar (XLM) investors who reaped the benefits of buying into a solid protocol with massive returns.
However, Stellar (XLM) wasn’t left unscathed by the crypto winter, with Stellar (XLM) prices in the cellar – trading at 91.6% below its all-time high value at $0.073. Now may be a time for a turnaround as Stellar (XLM) has seen a price increase to $0.10.
Uwerx (WERX) Crypto Presale Poised to Skyrocket in 2023
Want to make serious profits during the bear market? Forget large-cap cryptos like Stellar (XLM) and Ripple (XRP).
Uwerx is shaping up to be one of the presale crypto projects to watch in 2023, with its extremely high potential to go on a parabolic increase.
Uwerx is building a decentralized freelance work protocol that seeks to tap into the trillion-dollar gig economy and enable both freelancers and employees to enjoy low transaction fees on the Uwerx platform, while giving them greater freedom to own, control, and monetize their intellectual property.
The gig economy is ripe for growth moving into 2023, and Uwerx intends to leverage its protocol to service the sector's next generation. Crypto experts have extended their confidence in WERX by predicting increases of up to 8,000%.
Uwerx has received a successful and complete audit by InterFi Network and Solidproof leading up to its highly-anticipated presale launch, and the development team has made steps to ensure a fair, successful, and sustainable launch by locking up platform liquidity pools for 25 years after the presale ends to secure the protocol and its investors’ futures.
At a presale price of $0.005 per Uwerx token, there’s plenty of legroom for the protocol to do at least a 50x in 2023/2024.
Additional prelaunch confidence is bolstered by the fact that both reputable auditing companies, InterFi Network and SolidProof have passed the smart contract audits for Uwerx.
Investors will also be happy to note that the project’s contracts will be renounced once the project is ready for listing on centralized exchanges. All those who participate in the ongoing presale will receive a bonus of 25%, find out more by following the links below: