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Cardano Ecosystem

Blaze Trends

04/26/2023

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Polkadot (DOT) and Cardano (ADA) top development list. Uwerx (WERX) tipped for success

Recent data from Santiment showed that Polkadot (DOT) and Cardano (ADA) ranked number one and three respectively in the list of crypto projects. That should keep the projects in good stead for positive price action in the coming year. Uwerx is a project tipped for good things in 2023 with a project that aims to […]

Polkadot (DOT) and Cardano (ADA) top development list.  Uwerx (WERX) tipped for success

Recent data from Santiment showed that Polkadot (DOT) and Cardano (ADA) ranked number one and three respectively in the list of crypto projects. That should keep the projects in good stead for positive price action in the coming year. Uwerx is a project tipped for good things in 2023 with a project that aims to disrupt a burgeoning market with the blockchain.

Uwerx (WERX) has its own development plans

Uwerx will be a brand new project that aims to disrupt the dominance of companies like Upwork in the world of freelance gig workers. Uwerx will be the first to combine that market with blockchain technology, which will bring benefits to employers and employees. The gig economy is growing fast and Uwerx wants to develop a solid platform and tap into that growth. Upwork is a publicly traded company with a market cap of approximately $1.7 billion, which is a rough target for Uwerx in 2023.

Upwork also said it had $3.5 billion in work in 2021, up 35%, and revenue of $500 million. It’s not hard to see why analysts and investors are predicting Uwerx to rise to $2.80 this year. The project has already completed a successful audit with InterFi Network and Solidproof and there is a blocking period of 25 years for development funds after the presale has ended. Uwerx is currently available for pre-sale and we believe it will become a dominant force in the freelance industry with its fundamental advantages over traditional freelance platforms.

Polkadot (DOT) is the top project for developers

Polkadot (DOT) has been shown as the best coin for developers in 2023. Data from Santiment saw Polkadot (DOT) ahead of its crypto rivals. Polkadot (DOT) suffered from the bear market, falling from highs around $55 to lows below $5. The project has turned its attention to parachains, which is providing cross-chain communication for apps and services on Polkadot’s blockchain. Polkadot (DOT) enables cross-blockchain transfers of any type of data, asset or token.

Polkadot’s developers also said in a recent update that there are about 550 projects launched or in development on Polkadot (DOT), marking a solid start to the network’s first full year of live parachains. The company should continue to see support in the next bull market and development activities will continue.

Cardano (ADA) Calmly building on success

Cardano (ADA) was ranked number three on the list of best development coins, which is a good recovery for the chain after a series of upgrades in 2020. As a result, the project missed out on price gains and development during that period, but started catching up in 2021 to make. Cardano (ADA) also targeted the DeFi sector, which experienced a major downturn in 2022. Despite the disappointment, the blockchain is poised for a resurgence in the crypto market.

Cardano (ADA) could grow faster than Polkadot (DOT) because of the projects it hosts. Cardano (ADA) is also bringing a new tool to its side-chain development blockchain that could further support the project. The creators of the project introduce a toolkit for developers and programmers can then design unique sidechains for the Cardano (ADA) network. That could be a major rival for Polkadot’s (DOT) parachains.

We believe that the Uwerx pre-sale represents the best opportunity for potential investors as it enables revolutionary change in a fast-growing industry that has grown even in adverse market conditions. Investors could benefit greatly from what we believe is the most important pre-sale this year, especially with a 25% purchase bonus and the $0.0075 price tag!

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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