The past year hasn’t been kind to the crypto industry as draw downs have been massive across the board. The broader crypto market has lost upwards of $2 trillion in market capitalization, serving as a wake-up call to investors that meme coins and tokens without use cases won’t cut it in 2023. Shiba Inu (SHIB) and Dogecoin (DOGE), for instance, were meme coins that blew up exponentially in value driven by a massive, almost coordinated stream of hype on social media and celebrity tweets. The best example of this is the the spike in price when Elon Musk changed the icon of Twitter to the Shiba Inu.
However, those that bought Dogecoin (DOGE) and Shiba Inu (SHIB) at or near the top are all out of luck. In the meantime, new presale crypto entrants like Uwerx offer 250x potential – and it’s just about to launch. Let’s see why Uwerx is a better buy than Dogecoin (DOGE) or Shiba Inu (SHIB) entering the new year.
Uwerx is a new blockchain protocol being developed for the trillion-dollar gig economy. Uwerx goes where no other Web2 freelancing platform like Upwork or Guru has by creating a freelancing marketplace built on web3. In doing so, Uwerx intends to create a platform focused on greater trust, full data ownership, faster, cheaper platform fees, and transparency in storing data for clients and freelancers that use the Uwerx platform.
It’s a known fact that the best time to invest in cryptocurrencies is at their earliest stages. Uwerx gives every investor that opportunity with discounted presale prices of $0.005.
In our opinion, Uwerx represents great value for money, considering experts predict Uwerx prices will rise to $3 by late 2023. That’s a 300x increase! WERX is well on the way to become a blue-chip cryptocurrency. That sounds too good to be true – Uwerx has been fully audited by InterFi Network and SolidProof, ensuring the viability of its platform. Moreover, Uwerx devs have locked protocol liquidity over the next several years, preventing any liquidity shenanigans from happening. To top it all off, contract ownership will be relinquished once the project is ready to be listed on centralized exchanges. If you’re looking to buy a crypto with real potential to go to the moon, Uwerx might be your best bet in 2023.
Dogecoin (DOGE) was the original meme token that was launched as a gag on the unbridled speculation in the then-nascent crypto market in late 2013. Dogecoin (DOGE) took advantage of its meme-ability and its strong internet community to sail all the way to the top 10 cryptocurrencies by market cap at the height of its popularity in 2021. Elon Musk’s Dogecoin (DOGE) tweets have also helped the meme coin’s ascent to the top.
However, Dogecoin (DOGE) is trading at $0.085 after hitting all-time high levels of $0.74, and it doesn’t look like it will turn the corner anytime soon. Meme coins are no longer a thing in 2023, and neither do many meme coins offer any utility.
Shiba Inu (SHIB)
Shiba Inu (SHIB), on the other hand, launched in August 2020 as a play on Dogecoin (DOGE) and its success. Shiba Inu (SHIB) has delivered massive profits for early investors, considering its 3,400,000% increase from its presale prices at its peak in May 2021.
While early Shiba Inu (SHIB) investors may be rich now, those that bought the meme token at exorbitant prices will be gnashing their teeth now that the meme coin frenzy is over and Shiba Inu (SHIB) prices have fallen by the wayside.
Whilst Dogecoin (DOGE) and Shiba Inu (SHIB) can both be affected by changing market conditions, we do believe that Uwerx has more resilience and growth potential – because it is a first mover, offers novel features and is obviously tied to the high growth, resilient gig economy.