Make no mistake about it: 2022 was a bad year for crypto. The past year may have begun with the haze of the 2021 bull run, but any chance at making any gains were completely and totally engulfed by the Terra Luna crash and the sensational collapse of FTX.

The market is full of fear, uncertainty, and doubt, with a good number of cryptocurrencies dropping by as much as 95% off their 2021 highs. Total crypto market capitalization, on the other hand, dropped to 2020 levels – that is, from $3 trillion down to $800 billion.

Longtime top 20 mainstays Avalanche (AVAX) and Solana (SOL) weren’t spared a spanking either, with token prices tanking to record lows. Nevertheless, the crypto industry is still full of gems like Uwerx, which looks like a great investment in 2023. Here’s why.

Uwerx (WERX) Launches Highly-Touted Presale

The gig economy rose to prominence as the pandemic raged on in 2020. Amidst layoffs and retrenchments, online work and freelancing mushroomed. Popular Web2 freelance platforms like Fiverr and Upwork gained widespread use, with both platforms profiting from 20% transaction fees. Enter Uwerx and its transaction fees of 5% due to the benefits derived from being built on the blockchain.

Until Uwerx, there hasn’t been a better, Web3-enabled alternative freelancing platform. Uwerx announced the launch of its much-awaited presale last week, with Uwerx tokens available to presale investors at $0.005. Uwerx is banking on its superior value proposition of offering significantly lower fees (5%), enhanced protection of intellectual property for creators, and better-paying prospects.

The Uwerx presale is the perfect opportunity to make serious gains during the bear market. After all, crypto analysts are tipping Uwerx token prices to hit $3 by late 2023 as the only project of its kind in its niche. Moreover, Uwerx has finished its audit with InterFi Network and Solidproof, making it one of the safest presales to invest in this coming year. Investors looking to gain a 300x will have better opportunities to do so with Uwerx rather than Solana (SOL) or Avalanche (AVAX). In addition to this reassuring news, the creators have announced that liquidity will be locked in after presale and for 25 years afterward.

Is Avalanche (AVAX) Turning the Corner?

Avalanche (AVAX) emerged as one of the primary competitors of Ethereum and other smart contract platforms like Solana (SOL). Avalanche (AVAX) built a robust ecosystem focused on enabling high-performance, scalable decentralized apps. All network transactions arising from transaction fees, staking yield, trading cryptocurrencies on the Avalanche (AVAX) chain are paid with the Avalanche (AVAX) token.

Avalanche (AVAX) has struggled in 2022, but with the promise of new web3 projects building on its ecosystem, there’s a good chance that it could recover a bit of its lost value.

Solana (SOL) Was One of the Worst Performers of 2022

Solana (SOL) was among the biggest risers of 2021, but consequently became one of the worst-performing tokens of 2022. While other altcoins have taken massive beatings this year, Solana (SOL) was one of the tokens that took the cake, after losing as much as 95% of its value.

Solana (SOL) tumbled towards the end of 2022 amid Solana (SOL) token holders’ concerns about contagion from the fall of FTX. Solana (SOL) was, after all, heavily backed by disgraced former FTX CEO Sam Bankman-Fried, who is facing a litany of charges in the United States. Solana (SOL) was also further tarnished with its links to Alameda Research, which had been promoting the token. That’s not to mention the six network outages Solana (SOL) experienced, and a $200 million hack of a Solana (SOL)-based wallet.

Check the links below for more information on what could be the most exciting presale of 2023…

Website: www.uwerx.network

Presale: invest.uwerx.network

Telegram: t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.