It is once again a great time to be a fan of crypto! After what seemed like the year from hell we are finally seeing growth not seen since the post-pandemic period in 2021 and before Russia’s invasion of Ukraine. Many thought the market may never recover after the crypto winter last November but this year’s growth is a testament to the reliance of the market and its investors.
What finally has experts aligned that this period of growth doesn’t feel like a fluke is how spread out it has been. You have coins going through presale like DeeLance (DLANCE) that are completely taking the market by storm and then you have traditional giants like Ethereum (ETH) and Binance (BNB) which look like they could soon reach their previous highs and beyond.
DeeLance looks like it is destined for a top towards the top of the market once it is launched but before we touch on why it should be on everyone’s must-buy list let’s first look at how ETH and BNB could continue to pump to new heights.
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DeeLance- Exciting freelance platform presale set to break $5 million
Although the presale has just begun experts are already singing the praises of DeeLance (DLANCE). If you were to look at the presale page now you would see that they have risen a decent but respectable amount so far, so why is the hype justified and why is it a good investment opportunity?
Well the answer lies in its utility. DeeLAnce have recognised that freelancing as a method to work has taken off and will continue to do so, but the infrastructure does not reflect that. Sites like Upwork which connect freelancers and employers have a lot of issues, some of which include fees, payment issues, and ownership problems.
DeeLance will utilize Web 3.0 technologies through their decentralized platform to help solve all of these issues. This is why we believe that the cryptos presale will soon take off and eventually hit the $5 million point. It is also why we are putting it up as one of our best presales to invest in right now.
Fees are a big problem for employers but especially freelancers when it comes to using traditional sites for freelancing work. This will not be an issue they will have with DeeLance, thanks to crypto payments and their peer-to-peer payment system the site doesn’t have to pay for any third parties so therefore can charge much less than the sites available today.
The next issue that involves payment issues affects both freelancers and employers. Unfortunately I think any freelancer reading this will have at least one horror story about pouring their blood, sweat, and tears into a piece of work only for the employer to disappear once their payment is due. While on the other side employers have sent payment to freelancers and had them disappear before the job was finished.
There are two ways DeeLance will solve this. One is the escrow system they will use for payments, this will entail the employer sending the payment once the work is agreed but the freelancer will not receive it until the work is handed over to the employer. There will also be a resolution center set up for any disputes that do arise and DeeLance will be able to lend a hand to help solve it, and also remove any repeat offenders.
We think we’ve clearly shown why DeeLAnce is a must buy right now but here’s another feature employers will love; Ownership can be very tricky when it comes to freelance work as many wonder when does it cease being the freelancers property and become the employers? An NFT will be given to employers for every piece they commission to represent ownership so this will no longer be an issue for DeeLance users in the future.
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ETH and BNB to continue their impressive growth
First, let’s take a look at Ethereum (ETH) which has always been known as crypto’s number two coin behind Bitcoin. As we can see from the chart above once we got to April ETH really started to take off and has even now broken the $2000 barrier. In the last month alone the coins price has grown by 13.5% which is substantial growth for a crypto the size of Ethereum.
Of course, this is likely mostly to do with the Shanghai upgrade which took place on April 12th. For those that don’t know ETH investors had never been able to remove any of the tokens they had staked nor any rewards they had gained from this staking. Since Ethereum was founded in 2015 that means they had to show 8 years of patience.
Of course, some experts were very doubtful that the Shanghai upgrade, which would finally allow investors to remove their ETH and their rewards would be a good thing. Many forecasted a mass exodus of investors and their funds however clearly that was not the case as it has only really been rewards that have been withdrawn and the price has only grown.
This is why we think the price will pump to $5,000 in the near future as there is a clear belief from ETH investors in where the project is heading.
BNB on the other hand is a little less of a sure thing than ETH. As you can see from the chart above their last month has been much more volatile but ultimately has seen growth too even though it has been minimal. Depending on who you ask, BNB will either see great growth soon or the price will tumble.
DigitalCoinPrice is hugely optimistic about the price of BNB and can even see it reaching $821.90 in 2024. CoinCodex however has it dropping back to around the 320 levels in the coming weeks. One thing is for sure it is a volatile coin.
Despite its shaky past and somewhat controversial inventor, we do see Binance pumping to $500 in the near future. We’re sitting on the fence a little between the two above sites’ verdicts but we think that is the best approach to take.
Conclusion
To finish up our price predictions we think ETH will pump to $5,000 and while we are less sure that BNB will hit $500 we think it is more likely than not. DeeLance on the other hand is our main recommendation for investment.
It is still just starting to take off so you will already see a return on investment even during the presale if you invest now and it inevitably reaches $5 million, and even after that, we expect it to pump once launched which will see early investors make a very tidy profit indeed.
