Digital assets remind everyone how fast they want to move. Investors who were underexposed to the market began to shake off their bearish mentality, desperate to get in before the market took off. When asked about protocols that could soar in 2023, analysts unanimously gave three names: Uwerx, Conflux (CXS) and Avalanche (AVAX). This article analyzes these protocols and lists price predictions for each token in 2023.
Uwerx (WERX) Price Prediction
Uwerx is a bold disruptor, currently in pre-sale, that hopes to reshape the entire free market industry by launching a decentralized alternative to the Polygon (MATIC) network. Uwerx has started a pre-sale to fund the creation and deployment of the Uwerx platform, and investors can currently purchase WERX tokens for as little as $0.00995. SolidProof and InterFi Network have already audited the agreement, and the Uwerx team announced that they will lock up liquidity for 25 years after the end of the pre-sale. On-chain data shows that some experienced traders have gone long.
The WERX token will power the entire Uwerx platform, and freelancers will need it to interact with the protocol, providing it with an important source of natural demand. This has led analysts to make bullish predictions, speculating that the WERX token could trade as high as $3.20 in Q3/Q4 of 2023. According to Nasdaq, a study published by DaVinci Payments found that an additional 23 million gig workers are expected to be employed compared to 2019. Analysts point out that every freelancer is a potential user of the Uwerx platform.
Conflux (CFX) Price Prediction
Conflux (CXS) has performed well recently, Conflux (CXS) Been riding the Chinese narrative. The Conflux (CXS) token powers the Conflux (CXS) Network, a layer-1 blockchain protocol that connects cross-border communities.
Conflux (CXS) is currently trading at $0.32 and analysts expect Conflux (CXS) to trade between $0.26 and $0.35. Conflux (CXS) has reached the upper end of analysts’ forecasts, suggesting the coin and the Chinese narrative driving its growth still have a long way to go before the end of the year.
Avalanche (AVAX) Price Prediction
Avalanche (AVAX) went live in 2020, and since then, Avalanche (AVAX) has been a thriving ecosystem for DeFi enthusiasts. In terms of performance, Avalanche (AVAX) is one of the best layer-1 blockchains in the space, offering strong security guarantees and sub-second transaction finality. Avalanche (AVAX) has a dApp network and is constantly expanding its offerings.
Avalanche (AVAX) is currently trading at $17.21, and analysts expect Avalanche (AVAX) to trade between $20.03 and $23.23 by 2023. However, some analysts said they see more upside potential in Avalanche (AVAX).
Uwerx: The Blue Chip Stock of the Future?
Analysts in general continue to return to Uwerx when asking for coins with the highest growth potential. Given that the token is still in the pre-sale stage, investors are joining at the bottom. If adoption levels match analysts’ forecasts, WERX could easily go parabolic.
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