Many impressive presales have occurred in the cryptocurrency market, but the ongoing Uwerx presale has quickly become the most exciting one. The new freelance-based project has traders’ expectations, thanks to its features.
This article will look at how Beaxy Token (BXY) And DragonChain (DRGN) are trying to stand strong in the coin market and highlight why Uwerx is so sort after by investors.
Beaxy Token (BXY) Is Still Battling With The SEC
In March 2023, Beaxy Token (BXY) was accused by the U.S. Securities and Exchange Commission (SEC) of acting as an exchange broker without obtaining proper registration with the SEC.
They also charged Beaxy Token’s (BXY) founder, Artak Hamazaspyan, with securities fraud, alleging that he raised $8 million in an unlawful Beaxy token (BXY) offering and embezzled over $900,000.
Following the charges, Beaxy announced the immediate suspension of services on their exchange.
The token remained away from the news until June 6, 2023, when the SEC released a list of cryptocurrencies considered securities, and Beaxy Token (BXY) was on that list.
Beaxy Token (BXY) is trading at $0.00030172 with a market cap of $89,297. Analysts predict the project will reach $0.00054520 by the first quarter of next year.
DragonChain (DRGN) Fails To Rise This Month.
On June 8, DragonChain (DRGN) held episode 7 of their community-driven World Blockchain Round Table. This episode was on the topic of Artificial Intelligence. The participants discussed how artificial intelligence could enhance the security and scalability of blockchain technology. They also talked about the types of applications that can arise from combining Artificial Intelligence and Blockchain technology.
The project has been having these World Blockchain Round Tables for a month now, but it has yet to help its value rise. DragonChain (DRGN) has fallen by -31.64% in the last thirty days, trading at $0.006.
Holders are concerned that since the SEC listed DragonChain (DRGN) among cryptocurrencies considered securities, it could translate to more decline for the coin. Even though analysts predict the coin to reach $0.011 by the fourth quarter of 2024, they advise traders to choose Uwerx instead as it makes a better option for massive returns before the year runs out.
Uwerx (WERX) Continues To Surge
This number of investors is unsurprising since Uwerx blew past the first four presale stages. Each presale stage also saw a rise in Uwerx’s value, benefitting early investors.
On Saturday, July 29th, 2023, at 18:00 UTC, there will be a pricing adjustment. The price will be raised from $0.05245 to $0.0564, which denotes a moderate increase of 7.5%. This is a revision from the initially proposed 10% hike.
The project is at its fifth present stage, and WERX tokens are selling out fast. The Uwerx team had to make changes to the project to meet the increasing demand for WERX tokens. They raised the presale token allocation to 427,500,000 tokens out of the total supply of 750,000,000 tokens. They also reduced their token allocation to 7%, increasing WERX’s launch price to $0.095 – $0.115.
Uwerx has set up a feature that offers users an additional means to make money from its platform. This feature, the Uwerx Vault, allows users to store their WERX tokens for a desired period. It also rewards users for saving their tokens for various lengths of time.
Committed to including the community in decision-making, the Uwerx team held a poll asking the community to decide on a test airdrop. 98.2% of respondents said yes to the test airdrop, and the Uwerx team believes it would help users confirm their receiving wallet addresses.
The team also held another poll which had 82.8% of the community voting for the immediate lock of developers’ liquidity, which the team adhered to and locked the tokens on June 7, 2023.
Uwerx has launched the Alpha version of its platform, with functionalities like the Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation page. It also has the My Activity Page, Hiring Dashboard Page, Job Creation Process pages, Initial Step of Job Creation, and Initial Step of Finding Talent pages.
The platform will move onto the Beta version soon, where users can begin to test the platform. Users can also send feedback to [email protected] so the team can make improvements where necessary.
SolidProof and InterFi Network have audited Uwerx before the presale, and the Uwerx team has promised to forfeit all smart contract ownership once WERX tokens list on centralized exchanges. These moves assure investors that Uwerx will keep their funds safe.
In a 2022 report, Forbes stated that about 78% of businesses will rely on freelancing instead of hiring staff in 2023. Experts perceive this as a sign that the freelance industry will experience exponential growth soon.
They also believe that since Uwerx is coming to offer decentralization, transparency, security, a 1% low transaction fee, and more to the freelance industry, it would join in this predicted exponential growth.
Analysts the WERX token to go above $2.4 by the first quarter of 2024.
The project also offers a 15% purchase bonus. So, take advantage of that and buy WERX tokens through the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.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.
