Even with the broad market downturn, a renewed interest in the cryptocurrency sector has increased the number of investors. The cryptocurrency market has 12,966 cryptocurrencies, as seen on CoinGecko. With this number, it can be hard to make the right decision, which is why proper research is needed.
In the meantime, analysts consider Uwerx, Polygon (MATIC), and Dogecoin (DOGE) as the best cryptocurrency investment for 2023.
Polygon (MATIC): Analysts Predict A Bull Run
A look at the YTD chart of the Polygon (MATIC) proposes a buy signal as the token is close to $1 compared to the price it began the year with. Analysts predict this might be a good opportunity for investors to hold more Polygon (MATIC). A look at the trading volume of Polygon (MATIC) shows that $123 million worth of Polygon (MATIC) was traded in the past 24 hours compared to the $525 million it traded over two weeks back.
This is quite problematic for investors as the token seems to be decreasing. For example, a look at the past 30 days shows that Polygon (MATIC) lost 19.4% of its value. But in the preceding 14 days, the Polygon (MATIC) rose by 7.4% and 0.6% to reach its current price of $0.90.
At its peak, Polygon (MATIC) had a price of $2.92, and since its all-time high, Polygon (MATIC) has lost 68.8% of its value. However, analysts believe that the price of Polygon (MATIC) will rise in the coming weeks as several indicators suggest a bullish run.
Dogecoin (DOGE): Pump Expected After A Recent Downtrend
Many consider Dogecoin (DOGE) the first meme coin, and its price performance so far has been nothing short but surprising to investors, given the bearish nature of the entire crypto market. Usually, every Dogecoin (DOGE) rally ends similarly to the previous ones; short-term holders make considerable profits in a short period and take profits as soon as the token is overbought for the first time or reaches a close resistance level.
Over the past 30 days, Dogecoin (DOGE) token rose by 6.2%, but there wasn’t enough power to run to the $0.10 price level. Though the month hasn’t been too good for most tokens, Dogecoin (DOGE) rose in the past 14 days by 7.8% and attained a short-term resistance level.
Analysts predict that these pumps arose due to a breakout attempt by large retailers, buyers, or whales since Dogecoin (DOGE) volume showed an abnormal spike that increased the price level. Dogecoin (DOGE) is currently priced at $0.072930 after a 0.7% price decrease in the past day.
Uwerx (WERX): Top Alternative Investment Of 2023
Uwerx is an all-new project currently in presale which is a Polygon-based freelance platform that utilizes blockchain technology. The platform offers lower fees than its competitors, Upwork and Fiverr, at 1% instead of 20%, and provides transparency and security due to its decentralized nature. The Uwerx project has been granted audit approval by both InterFi Network and Solidproof, and its liquidity has been locked in for 25 years after the presale concludes.
With Uwerx demonstrating an extraordinary growth trajectory in 2023 and beyond, discerning investors have an unparalleled opportunity to secure significant returns. Previews of the Alpha Version have already sparked great interest, and the anticipation of the imminent Beta version release only heightens the potential.
This Friday, 2nd June, at 15:00 UTC, the WERX price is set to rise from $0.0315 to $0.041. Concurrently, the current generous bonus of 20% on orders is poised to decrease to 15%. There couldn’t be a more optimal time to expand your portfolio with WERX at the attractive price of $0.0315, while also taking advantage of the 20% purchase bonus.
Discover the allure of Uwerx and make a strategic choice for your investment portfolio. Consider embracing this lucrative moment – visit the links below to acquire a deeper understanding of Uwerx and seize the opportunity to secure your future wealth today.
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