Cryptocurrency investment has become more popular as investors search for alternate investment opportunities. With over 20,000 cryptos currently available, deciding which one to invest in can be challenging.
Three cryptocurrencies that have gained significant popularity in 2023 are Shiba Inu (SHIB), Uwerx, and Apecoin (APE). While Shiba Inu (SHIB) has been around for a while, Uwerx and Apecoin (APE) are relatively new. In this article, we will compare the three cryptos and determine which investment is better for the future.
Shiba Inu (SHIB): Redefining Meme Crypto Niche
Shiba Inu (SHIB) has gained immense popularity! It was launched in 2020 as a meme token to rival Dogecoin (DOGE). Over time, the cryptocurrency has garnered a significant following. It also has a market capitalization of over $5 billion.
Shiba Inu (SHIB) gained popularity due to its low price and astronomical growth potential. According to some experts, Shiba Inu (SHIB) can reach $1 soon, equating to a 100x return on investment.
However, the cryptocurrency has been criticized as a meme coin with no real value. Some analysts further claim that the cryptocurrency is a bubble waiting to burst.
Yet recently, Shiba Inu (SHIB) developers have added exciting use cases to the project. Launching its Shibarium blockchain and ShibaLands virtual ecosystem propels Shiba Inu (SHIB) to the forefront of Web3 (NFT, decentralized gaming applications, and the metaverse). Furthermore, ShibaSwap exposes users to the DeFi world while delivering more utility to the Shiba Inu (SHIB) token.
Uwerx (WERX): Offering Freelancers A Decentralized Alternative To Centralized Marketplaces
Uwerx is a relatively new cryptocurrency that has gained significant popularity due to its unique features. Uwerx will be the world’s first decentralized freelance platform. The blockchain-based freelance marketplace boasts of some disruptive features.
Uwerx will offer significantly lower fees than most traditional freelance marketplaces (1% vs. 20% on Upwork and Fiverr). Furthermore, Uwerx will seamlessly integrate various productivity tools like Trello, Asana, and Slack. This will help create a centralized task management system, streamline communication, and improve productivity and collaboration.
In addition, Uwerx will deliver improved security and transparency of records, contracts, and intellectual property via smart contracts. At the same time, incentivized gamification will be introduced to reward active participation.
Currently, the Uwerx presale is blowing up the blockchain space. SolidProof and InterFi Network have already audited the cryptocurrency project to guarantee security. As a result, Uwerx is offering investors a chance to purchase 300 million WERX tokens at a heavily discounted price across multiple presale rounds.
This has stirred significant hype around the project. As a result, some experts predict that it can reach the moon once it launches.
Uwerx rose from $0.0225 to its current presale price of $0.0000870 in just four weeks. Analysts predict the token will exceed $3 by Q1—Q2 2024. Over 3,500 people have signed up for the presale, and Uwerx is offering a 20% bonus on presale signups to encourage more adoption. At the end of the presale, Uwerx will also establish a 25-year locking period on developers’ liquidity tokens. This will hedge against any rug pulls, ensuring the safety of investors’ funds.
Furthermore, the Uwerx team has also announced that it will renounce smart contracts ownership when Uwerx is ready to be listed on centralized exchanges. This will further enhance the project’s security and transparency.
ApeCoin (APE): Incentivizing The World’s Largest NFT Collections
Yuga Labs launched ApeCoin (APE) in March 2022. The cryptocurrency was developed to fuel and incentivize all ApeCoin (APE) network activities. In addition, ApeCoin (APE) has surpassed all other metaverse tokens in terms of market capitalization.
One of the most significant developments for ApeCoin (APE) has been the introduction of staking. Users can lock up a portion of their total ApeCoin (APE) holdings to validate transactions thanks to the proof-of-stake (PoS) consensus protocol utilized by the network.
ApeCoin (APE) continues to gain significant popularity due to its low fees, instant transactions, and seamless integration with popular gaming platforms.
When comparing the three cryptos, it’s clear that each possesses unique features. Shiba Inu (SHIB) has gained immense popularity due to its meme status and added utility. Furthermore, ApeCoin (APE) offers seamless integration with gaming platforms.
Uwerx, on the other hand, stands out thanks to its jaw-dropping presale performance. The presale price has risen from $0.005 to $0.0225. And with the presale gathering momentum, this is the best time to buy into a revolutionary project. Plus, having a use case in a resilient industry like the gig economy will only skyrocket Uwerx’s value once the project launches.
Follow the links below to learn more about the Uwerx and its presale.