Many digital currencies within the crypto market currently act as lucrative sources of wealth for investors. However, Uwerx, a forthcoming project, aspires to surpass them all by providing exceptional features that the freelance industry has long desired.
Uwerx has already begun to showcase its potential for generating profits through its ongoing presale, demonstrating its capability to benefit its investors.
This article delves into the unique attributes of Uwerx and explores why analysts anticipate it to surpass Stellar (XLM).
The Sandbox (SAND) Loses 5.67% Amid SEC Lawsuit Against Binance
The Sandbox (SAND) is a virtual realm built on Ethereum (ETH). It empowers individuals to create digital assets and metaverse experiences on their digital LANDs using the VoxEdit and Game Maker tools. These creators enjoy full ownership and can profit from their creations. Within this ecosystem, the SAND token fuels the activities, facilitating user engagement and generating and trading virtual assets.
In an unfortunate turn of events, The Sandbox (SAND) is caught up in the mix as SEC sued Binance, its subsidiary, and CEO Changpeng Zhao on a 13-count charge. It alleged Binance sold unregistered securities to its customers. The regulator also listed 12 crypto assets, including BNB (BNB) and The Sandbox (SAND), as securities that should come under its supervision.
Due to the recent legal actions by the SEC, there has been a notable decline in the market as fears of impending individual crackdowns on these tokens grow. The Sandbox (SAND) slid down to 5.67% within the past week. Its current price is $0.51, signifying a 1.66% decrease within the past day.
Besides this recent development, The Sandbox (SAND) faces stiff competition within the metaverse sector. As its success hinges on the global adoption of the metaverse, which is currently progressing slowly, investors may be forced to lower their expectations for the metaverse token.
Why Investors Are Shifting Toward Uwerx (WERX)
The gig economy is growing rapidly. Forbes revealed that there would be over 90 million American freelancers in the next five years. This figure will represent the majority of the US workforce. Uwerx is at the forefront of this incoming industry boom as it aims to leverage blockchain technology to provide many mouth-watering offers for freelancers.
Uwerx obtained SolidProof and InterFi Network approval before launching the presale. This shows the developers’ commitment to transparency and long-term success. In addition, Uwerx developers will renounce their smart contract ownership when Uwerx gets listed on centralized exchanges.
As the presale progresses rapidly in its 5th stage, Uwerx has recorded 5,546 signups, 1,620 Twitter followers, and 1,685 members on Telegram. Its team has also increased the presale token allocation to 57% of the total token supply of 750 million while reducing its allocation to 7% to accommodate more buyers.
In addition, the team locked its liquidity for 25 years on Wednesday, June 7, as supported by 82.8% of the community. This move will further bolster investor confidence in the project.
In an impressive show of support, 98.2% of the Uwerx community voted in favor of Uwerx conducting a Test Airdrop. This exciting action will ensure all token holders have their correct receiving wallet addresses. Token holders can also utilize the Uwerx Vault, a secure token storage solution, to enjoy various incentives based on holding periods.
Finally, the recently launched Uwerx Alpha version already features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation Page. Other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity, Hiring Dashboard, and Job Creation Process pages.
Meanwhile, the Beta version will soon be available for users to interact with. The Uwerx team expects and welcomes all feedback and recommendations through the dedicated feedback email, [email protected].
Forecasts project Uwerx to hit $2.7 by Q4 2023 and an ambitious price of $3.00 by 2024. Such promising figures make Uwerx an enticing prospect for savvy investors looking to diversify their portfolios and achieve significant returns.
Stellar (XLM) Struggle To Shake Off The Bears
Stellar (XLM) acts as a bridge between traditional financial systems and cryptocurrencies. It is designed to run efficiently at minimal costs and has remained relevant since its inception. Stellar (XLM) currently has a market cap of $2.39 billion, with its XLM token trading at $0.089.
The bearish sentiments surrounding Stellar (XLM) seem to be receding. The token lost by 17.349% within the past month. But, it gained by 1.4% within the last 24 hours. Crunchfish CEO recently revealed that Stellar (XLM), alongside Ripple (XRP), is still working with various central banks to create Central Bank Digital Cash (CBDC). The most recent being Brazil chose Stellar’s (XLM) blockchain for the pilot test of its CBDC, Digital Real.
With the innovation behind the project, experts believe Stellar (XLM) still has more potential to grow. However, Uwerx has already made remarkable strides in its presale. This is thanks to the agile methodology approach adopted by the developers. This approach has helped them release the project in stages while making significant improvements over time. Thus, Uwerx emerges as a stronger investment option than Stellar (XLM).
Take advantage of the presale to buy the Werx token while its price is at $0.05245. You can also enjoy a 15% discount on your token purchases. To learn more about Uwerx, visit these links.
Website: https://www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Disclaimer
Please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. CryptoMode is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
