Shiba Inu (SHIB) is Cheap, but Where is the Use Case?


Shiba Inu (SHIB) has fallen by 75% year-to-date in 2022 as the project sees a lack of traction. The problem for Shiba Inu (SHIB) investors is that there is no real use case. The project is a gimmick that latched onto the popularity of Dogecoin but has nothing to offer. The latter can benefit from the support of Elon Musk, who just bought the Twitter platform and recently changed the Twitter logo to the Shiba Inu icon. The crypto immediately spiked and then, slumped. A clear indicator as to how volatile and gimmicky this meme coin is.

Shiba Inu (SHIB) is in danger of falling further and could drop out of the top twenty coins. Shiba Inu (SHIB) has a market cap of $4.4bn and the number 20 project is WBTC with $3bn. Shiba’s developers need to bring something to the table to risk a further drop.



Solana (SOL) is Also at Risk of a Dropout


Solana (SOL) is closer to the top twenty drop zones than SHIB with a market cap of around $7,801,529,889. That is a big fallout from the project’s record-high market cap of almost $80bn. Solana has seen its value crushed after a series of hacks and security issues. A recent hack of the Radium decentralized finance exchange saw $2m taken from the platform.

However, there have been more instances for Solana (SOL). In August, a widespread hack saw as much as $8 million in funds drained from a number of Solana (SOL)-based hot wallets. Another was the collapse of the NIRV stablecoin which was hosted on a Solana (SOL)-based DeFi app. As many developers left the project towards the end of 2022, investors too, seem to have lost confidence in this project, and it could drop out of the top twenty coins.

Some investors however, remain hopeful, Solana recently introduced ‘state of compression’ which will lower NFT storage costs by up to 100 times, with this recent development and a long term ‘fix’ to the network reaches nearer, hopes still remain that Solana (SOL) will be able to re-establish itself.



Uwerx (WERX) Presale Could Grasp its Spot in the Top 20


Uwerx could be a project that rises up to grasp a top twenty spot in the list of crypto projects. Uwerx is looking to disrupt the market for freelance workers with a blockchain offering that takes market share from the current leaders. Upwork made $500m in revenues in 2021 and currently has a market cap of around $1.5bn, but that valuation has slumped in the bear market from $7.5bn. The entry level for the top 20 coins is currently $3bn, so Upwork could’ve been a top 10 crypto if it used the blockchain.

The opportunity in Uwerx is that it now trades in the presale at $0.005 and has a circulating coin supply of 750M coins. That gives the project a valuation of $7.5M. To reach the $7.5bn figure that would require a huge move in the WERX token.

Even if Uwerx can take a smaller fraction of the market share it can be a big return for investors and the token can outperform the likes of Solana (SOL) and Shiba Inu (SHIB) to become a blue chip crypto project. Analysts have backed up this forecast as predictions are set at increases of up to 8,500%.


Website: www.uwerx.network

Presale: invest.uwerx.network

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