Though the cryptocurrency market has been very bearish for most of 2022, cryptocurrency adoption continues. This tells investors that older coins are improving their fundamentals to meet the ever-changing demands of the current market.
Therefore, investors must search for fundamentally good coins with solid utilities as the year ends. In light of this, analysts predict Uwerx, Quant (QNT), and Lido DAO (LDO) as top altcoins for 2023.
Quant (QNT) Investors Expect A Bullish Trend In The Coming Weeks
Quant (QNT) currently has a market cap of $1.80 billion and has outperformed many popular altcoins in the crypto market. A look at the previous 30 days shows that Quant (QNT) had a 13.1% price increase. At press time, Quant (QNT) has a market price of $124.08 after a 1.2% price decrease over the past day.
Before the market downturn due to the FTX exchange implosion, Quant (QNT) was comfortably trading above the $160 price level. However, when the FTX implosion occurred, the value of Quant (QNT) nose-dived to about $95.28 on November 14. But, over time, Quant (QNT) bounced back to above the $100 price level to its current price.
The chart shows that Quant (QNT) price action is forming an ascending triangle pattern. This is a bullish indication, and investors expect Quant (QNT) to have a good bull run in the coming weeks.
Lido DAO (LDO) Is Experiencing A Downtrend Post-FTX Collapse
The Lido DAO (LDO) token had a drop in its popularity in November during and after the FTX exchange collapsed. This resulted in Lido DAO (LDO) facing less demand and, therefore, more downside. Lido DAO (LDO) also had a reduced number of active addresses holding its crypto from the second week of November to the month’s end.
Lido DAO (LDO) currently still has a low number of active addresses, but there was a little uptick in the number of addresses held by the top addresses. Apart from this upside, data from Lido DAO (LDO) staking showed that the token had increased staking deposits starting from November’s end. Analysts believe this could mean more demand for the Lido DAO (LDO) token.
This cryptocurrency has experienced a decline since mid-August and hasn’t recovered from its bearish performance in November. Currently, Lido DAO (LDO) is worth $1.05, and market experts predict that with the increase in demand for Lido DAO (LDO) staking, the price might experience a bull run in the coming months.
Uwerx (WERX) Token To Rank Among The Top Cryptocurrencies Of 2023
Uwerx will be a freelance platform built on the Polygon blockchain network, offering a decentralized and transparent environment for freelancers and clients. With the gig economy and freelance industry showing resilience and growth, Uwerx presents itself as a lucrative investment opportunity in 2023.
Compared to its competitors, Uwerx charges lower fees, specifically 1% instead of 20%. The platform also provides the best possible security and transparency for all data stored on the network. InterFi Network and Solidproof have granted audit approval to the Uwerx platform, ensuring trustworthiness and reliability.
The current price of WERX is a modest $0.0315, but come Friday, 2nd June at 15:00 UTC, expect a surge to $0.041. Alongside this, the added bonus on orders will adjust down from an advantageous 20% to a still generous 15%. Acquiring WERX at its current rate will not only provide a lucrative asset, but also a compelling 20% purchase bonus. Now is the time to act – familiarize yourself with Uwerx and seize this unique investment opportunity today via the links below.
