Cryptocurrency investors understand that the best investments are when a project is able to operate with little competition. In this article, we will discuss the benefits of three projects that have their own crypto niche. Uwerx wants to disrupt the booming market for freelance workers, Liquity (LQTY) is offering stablecoin technology to third parties, while Filecoin (FIL) is focused on decentralized storage.
Filecoin (FIL) Investors Ride the Rollercoaster
Filecoin (FIL) is a clear example of what can happen when a project has an early mover advantage. Filecoin (FIL) rallied from under $3 to a price of over $9 in 2023, but the all-time high in the project was a huge $180. That was during a bull market run and investors thought that Filecoin (FIL) could challenge the likes of Amazon and Microsoft with their cloud storage solutions. Filecoin (FIL) may have slipped back but the coin can roar in the next bull market and has shown the power of the crypto niche.
Liquity (LQTY) Brings Something New to Stablecoins
Stablecoin lender Liquity (LQTY) saw its native token surge by over 100% in March 2023. Liquity (LQTY) was boosted by the news that Binance, the world’s largest crypto exchange, had added the project to its Innovation Zone. Liquity (LQTY) saw its price hit a high of over $2.80, which was the highest since April 2022.
The price spike was accompanied by a surge in trading volume, up 4,600% to $162.5M, according to CoinMarketCap. Liquity (LQTY) also saw its total value locked (TVL) on-chain jump to $600M. Liquity (LQTY) doesn’t have its own loan platform but provides technology that others can utilize for their own applications. That gives the project a niche edge in the crowded stablecoin market.
Uwerx (WERX) Seeks to Disrupt a Booming Market
Uwerx will be a new project that is building a platform to challenge the likes of Upwork, Fiverr, and PeoplePerHour in the world of freelance gig work. The sector has been booming after the pandemic and Uwerx will be the first to bring that market to the blockchain. The digital ledger can benefit employers and workers with added transparency and trust. Uwerx will seek to grab early market share by cutting fees in the industry from 20% to 1%.
Uwerx can tap into that growing market and soar up the list of crypto projects as its revenues grow. Uwerx has already completed two successful audits by InterFi Network and SolidProof and the project has also committed to a 25-year lock-up on development capital after the presale ends. The current price for the presale is $0.00995 but will be increasing to $0.012 on Saturday
This is a long-term opportunity for investors, but there is a real opportunity to tap into a crypto niche that currently has no competition. Uwerx is currently in its token presale and has yet to undertake full marketing and coin listing efforts. Investors should use that opportunity to get into a future blue-chip cryptocurrency at an extremely good price, especially considering the 20% purchase bonus. The team is currently hard at work ensuring that the Alpha version is ready to go!
Filecoin (FIL) showed investors the types of returns that are available when competition is light in the crypto sector. Investors should jump on the next opportunity with Uwerx, and they can find out more information in the links below.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
