It's always exciting to watch digital assets purchased at cheap prices grow exponentially. However, not all digital assets can offer such massive returns. One must find cryptocurrencies with solid fundamentals, real use cases, and supportive communities to reap such gains.
Uwerx, VeChain (VET), Synthetix Network (SNX), and BinaryX (BNX) are some of the cryptocurrencies that fit into the description above. They are also likely to give 10X returns and more in 2023. Here's what they are about.
Revolutionary Crypto Uwerx (WERX) Sets to Change the Freelance Industry
Uwerx is an emerging crypto project gearing up to launch on the Polygon network. It aims to port the freelance industry to the blockchain industry and allow freelancers and their clients to benefit from its decentralized structure.
On Uwerx, users will access a 1% flat fee instead of the 20% in centralized platforms. They will also enjoy smart contract escrow services, collaborative tools, intellectual property rights, dispute resolutions, and more. Additionally, users can earn multiple rewards like sign-up bonuses, referral bonuses, voting bonuses, and other participation rewards.
All interactions on the platform will utilize the WERX token: the utility and governance token. The token currently trades at $0.012 in its ongoing presale. Thanks to its real use case, we expect it to hit $1 in 2023.
The project will have a 25 years liquidity lock to eliminate the chances of a rug pull. Also, the developing team will relinquish smart contract ownership of the project after taxes are reduced to zero to allow all investors to have an equal stake in the project. Additionally, the platform has received audit approvals from Solidproof and InterFi Network.
VeChain (VET): Enhancing Decentralization for Supply Chain Organizations
VeChain (VET) is a decentralized layer-1 smart contract platform that enables developers to build different smart contracts and decentralized applications utilizing an economic model. It supports apps in supply chain management, logistics, and other industries to help businesses enhance their operations.
The VeChain (VET) platform has two cryptocurrencies: VeChainThor Energy (VTHO) and the main VeChain Token (VET). VTHO is used to pay transaction fees, while VET is used to create VTHO and make payments to other VeChain users.
The VeChain (VET) token is currently worth $0.02034156; however, its future looks good, with a possible price of 0.19414 in 2023.
Trade Derivatives Conveniently with Synthetix Network (SNX)
Synthetix Network (SNX) is a derivative trading platform that allows users to gain exposure to the price of different assets without owning them. Traders can mint Synths representing stocks, fiat currencies, or other cryptocurrencies and trade them on the platform.
The platform's native token, SNX, is used to mint Synths. The platform offers a haven to traders who are bullish on real-world assets on the blockchain.
Synthetix Network (SNX) currently trades at a dip but could reach $2.36 by the end of the year.
Play Games and Earn with BinaryX (BNX)
BinaryX (BNX) is the DeFi gaming and IGO platform supporting the deployment of Play-to-Earn (P2E) games. The ecosystem consists of the decentralized autonomous organization (DAO) and all products & games utilizing the BinaryX (BNX) token.
BinaryX (BNX) is currently hosting games like CyberDragon, CyberChess, and CyberLand. BNX serves as a payment token across the metaverse. Again, some key game operations require the BinaryX (BNX) token. It is used to create heroes, forge rare equipment, and enter challenges, and it is also used in platform governance.
According to expert predictions, the GameFi token could trade for around $105 this year.
All of these cryptocurrencies: Uwerx (WERX), VeChain (VET), Synthetix Network (SNX), and BinaryX (BNX), are expected to soar in 2023. Their current low prices make now an excellent time to buy. However, the presale coin, WERX, has more chances of offering massive gains as it garners support and adoption. Check out these links to join its growing community.