Can Cosmos Hub (ATOM) And SXP (SXP) Become Profitable Investments In 2023 Like Uwerx (WERX)?
2023 is expected to be the year of recovery for many cryptos that have plunged dangerously in the past few years. Cosmos Hub (ATOM) and SXP (SXP) are good examples of such tokens.
On the other hand, Uwerx is a new project that exhibits explosive growth potential, giving tough competition to already-established cryptos. Can Cosmos Hub (ATOM) and SXP (SXP) offer profitable returns in 2023 like Uwerx? Continue reading to find out.
Analysts Predict A Sudden Spike In Cosmos Hub (ATOM) By Q4 2023
Cosmos Hub (ATOM) was developed in 2019 with interoperability in mind. It focuses on providing a platform for developers to build interoperable dApps while making transactions fast, cheap, and scalable.
ATOM is the primary token on the Cosmos Hub. Over the past few days, the token has shown remarkable resilience in its price fluctuations, despite significant downturns across the broader crypto market due to changes in trader sentiments.
Within the past week, ATOM’s value has increased by 0.61% and currently sells at $10.99. The increase could be linked to the latest updates announced by the Cosmos team.
On March 11, the team revealed via Twitter that its first Replicated Security Model went live and has gained adoption by Neutron, a top smart contract and consumer chain platform.
The Cosmos Replicated security model is an innovative and secure program that provides security to smart contracts and consumer chain platforms. It enables delegators and validators to earn multiple tokens from upcoming consumer chains by staking the ATOM token.
Meanwhile, experts predict ATOM can increase in value by the end of the year, reaching a maximum price level of $15.68.
Can SXP (SXP) Maintain Its Sunny Look?
SXP is the utility and governance token of the Solar Network. It supports payments, staking, and voting on the platform. Meanwhile, the Solar Network is a community-driven Layer-1 protocol that focuses on sustainability solutions. It has a noble mission of delivering sustainable, clean energy solutions to remote areas. It was established in 2018 and was acquired by Binance in 2020.
Within the last 24 hours, SXP has shown a good increase of 3.09%. It has also risen by 36.59% in the past 4 months. The activities of Binance seem to play an instrumental role in the token’s performance.
On April 1, Binance announced its support for Solar’s mainnet swap and the rebranding from Swipe to Solar. This support involved migrating all ERC-20, BEP-2, and BEP-20 Swipe tokens to the Solar mainnet at a ratio of 1:1. Binance also promised to provide exclusive support for deposits and withdrawals of SXP tokens on its mainnet.
Presently, SXP (SXP) registers a price of $0.32 and a daily trading volume of over $14 million. Meanwhile, experts believe it could close the year at a maximum price of $0.46.
Uwerx (WERX) Offers Unparalleled Advantages To Freelancers
Uwerx offers unique features that provide a competitive advantage in the freelance industry. Unlike traditional freelance platforms like Upwork, Uwerx offers decentralization and a 1% flat fee on its platform. It also proposes transparent pricing, protection of intellectual property, and enhanced security.
Uwerx is having a successful presale which signals a high return for investors by the end of 2023. It already boasts 5,000 users. Also, its current price is $0.0225 and could increase. Before then, Uwerx received audit approval from InterFi Network and SolidProof.
Meanwhile, the Uwerx team encourages more buyers to participate in the presales by raising its presale token allocation from 45% to 57%, amounting to 427,500,000 tokens. Consequently, the fourth presale stage now has 77,500,000 allocated tokens instead of 60 million, while a new 5th presale stage has 72,500,000 tokens.
Furthermore, the team will relinquish all smart contract ownership after listing the WERX token on centralized exchanges. They have also reduced their token allocation from 8% to 7%. They plan to lock these assets for 25 years after presale to reassure investors of their commitment. However, the lock period will now have a new date after 82.8% of the community voted for a mid-presale asset lock.
In addition, the team pushed the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115, indicating their increased confidence in its value. There’ll also be a test airdrop for all token holders to ensure they have their correct Receiving Wallet addresses. This test airdrop was voted for by 98.2% of the community.
Although market sentiments seem positive for Cosmos Hub (ATOM) and SXP (SXP), Uwerx offers a higher value to freelancers and investors. Uwerx is projected to hit $2.00 by the end of 2023.
Therefore, while freelancers will enjoy an unconstrained environment for work, investors will enjoy maximum profits. There’s also a 20% presale bonus for current buyers. However, this bonus will reduce when the presale price increases. So, hurry now to the Uwerx presale by following the links below.