Presently, there are 12,988 coins, as seen on CoinGecko. These are the total number of available coins investors can choose to invest in. But, despite these numbers, only a few, like Avalanche (AVAX) and Klaytn (KLAY), show a good run.
Unfortunately, these two tokens might not be able to provide investors with huge profits, which is why market analysts suggest investors choose Uwerx, an alternative investment coin predicted to have a high potential of rising.
Avalanche (AVAX): Bull Run Expected In The Coming Weeks
Over the past week, Avalanche (AVAX) has had a performance worthy of praise as it continued its winning streak with a 4.3% price increase. During this period, investors had a great time. At press time, the price of a single Avalanche (AVAX) token is $14.56, and this comes after a one-day 0.1% price increase. Avalanche (AVAX) currently has a market cap of $4.1 and ranks as the #20 cryptocurrency.
The technical data shows that Avalanche (AVAX) might soon have a price reversal. This is because Avalanche’s (AVAX) relative strength index indicates an overbought position, which doesn’t sound too suitable for investors. Also, a look at Avalanche’s (AVAX) daily chart shows that sellers might have the upper hand in the coming days. The Exponential Moving Average (EMA) tells investors that bears are leading since the 20-day EMA rests below the 55-day EMA.
Conversely, the Avalanche (AVAX) funding rate went up compared to last week’s price; this indicates high interest in the derivative market. Avalanche (AVAX) is also quite popular among the crypto community, as there was an increase in its social volume. Investors will have to keep their fingers crossed and see which way the market turns up.
Klaytn (KLAY) is Unaffected By The FTX Implosion
Klaytn (KLAY) is among the most profitable blockchain projects in the metaverse space. Like many tokens, Klaytn (KLAY) token achieved its all-time high of $4.34 during the bull run of 2021. But, since Klaytn (KLAY) reached its all-time high, it started to decline. Until now, Klaytn (KLAY) hasn’t experienced widespread adoption, making the price significantly drop.
In 2022, Klaytn (KLAY) was a victim of the crypto winter, falling from its year-high of $1.42 to its current price of $0.191187. By early November Klaytn (KLAY) was trading around the $0.23 price level but was affected by the FTX implosion. Fortunately, the effect wasn’t much, as the price has gained 2.8% over the past 30 days.
Uwerx (WERX): Analysts Predict High Rise Potential
Don’t miss the unique opportunity that Uwerx presents in 2023 and beyond. With the already partially unveiled Alpha Version and the Beta version just over the horizon, this is a remarkable opportunity for investors to participate in a platform with remarkable potential.
The value of WERX is forecasted to rise from $0.0315 to $0.041 on Friday, June 2nd at 15:00 UTC. With the added advantage of a bonus on orders set to decrease from 20% to 15%, now is the optimum time to seize the opportunity and enhance your investment portfolio.
Benefit from the current WERX price at $0.0315 and avail a handsome 20% purchase bonus. Why wait for the price to rise when you can act now and enjoy better returns?
Tap into the exciting journey that Uwerx is about to undertake. Follow the links below for more information and make your decisive move today. Remember, the best investors don’t wait for chances, they create them. Don’t just observe the growth, be a part of it.
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