• The bear market has taken a toll on many cryptocurrencies, including Enjin Coin (ENJ) and Solana (SOL).
• Many investors have moved to the most talked-about coin- Uwerx (WERX) for optimal returns.
• This article discusses why Enjin Coin (ENJ) and Solana (SOL) investors are staking their funds on star coin, Uwerx (WERX).
Enjin Coin (ENJ): Steep decline makes it a less reliable investment
Enjin Coin (ENJ) network is an Ethereum token that makes it easy for users to use non-fungible tokens (NFTs). It is also used to back next-generation fungibles and tokens. Enjin Coin (ENJ) has made significant progress since 2021, rising from $0.13 to $4.82 towards the end of the year. Unfortunately, Enjin Coin (ENJ) has fluctuated ever since. By 1 December 2021, it dropped to $3.54 and fell further to $1.49 by 22 January 2022. Currently, Enjin Coin (ENJ)’s price is $0.6944, and its steep decline over the past 12 months has led many investors to seek more reliable crypto investments like Uwerx (WERX).
Solana: Breaches affecting investors’ loyalty
Solana(SOL) is one of the crypto marketplace’s fastest, most secure, and scalable decentralized investments. It made the top ten list of most reliable cryptocurrencies within two years of its launch and has remained prominent since then; however, Solana(SOL)’s price has fallen from its all-time high of $260 to $34 due to breaches in its network security causing a significant decrease in its value. Crypto analysts predict that Solana(SOL)’s token may recover later this year; so in the meantime many Solana(SOL) investors are moving their funds into star coin Uwerx(WERX).
Uwerx: An increasingly sought-after Token
Interest in the future of work has been increasing rapidly, with Uwerx set up as a project that looks set to be the benchmark by which all other gig platforms are judged on .Uwerx promises to be the future of work with is being billed as first freelance platform based on blockchain technology .It promises complete decentralization , transparency , scalability , speed , reliability with low transaction fees making it an attractive option for many cryptocurrency users looking for profits .
Conclusion
With both EnjinCoin(ENJ),Solana(SOL )experiencing major fluctuations in their values due various factors such as breaches or market downturns ,many cryptocurrency users have opted instead for investing in Uwerx as a safer option for better returns .The decentralization offered by this project along with promise of complete transparency plus other advantages have seen it rise recently among cryptocurrency users looking for profits .