The collapse of the FTX exchange rocked the world of digital asset marketplaces and there is now a battle to prove their security and win over investors. Uniswap (UNI) is set to gain some new investors because of its decentralized nature, however, Huobi Token (HT) can also bring gains due to its new investment team and global ambitions. Uwerx (WERX) is a new project that can help investors avoid the risks of exchanges and offer diversification in troubled times.
Uniswap (UNI) could see gains after the FTX collapse as investors look to decentralized exchanges. Uniswap (UNI) token has fallen from $17 to $5.89 year-to-date, which is better than most coins and that is due to the ongoing trading volumes.
Cardano’s founder, Charles Hoskinson, said the FTX saga showed the need for decentralization: “The failures we’re having aren’t failures of protocols, aren’t failures of DeFi… they’re failures of people.” With Uniswap (UNI) there can be no meddling with client funds for investments and trading companies like with FTX. Uniswap (UNI) has definitely proved itself as a reliable platform.
Huobi (HT) is another exchange looking to rise up from the ashes of FTX. Question marks surround the fate of Binance and that could be a big win for Huobi (HT) if the largest exchange faltered. Huobi (HT) recently saw the sale of a majority stake in the company and its new owners want to establish a global presence.
Huobi (HT) has a new management team that includes Tron founder Justin Sun. Houbi handles around $325 million in crypto over a 24hr period, and they can build on that sum to challenge Coinbase, especially if another exchange sees problems. Investors in HT would need to do some due diligence over the project’s reserves and investments to ensure safety in a centralized exchange.
Uwerx looks to be a project that can outperform exchange tokens. The project is a newcomer to crypto and its founders want to shake up the world of freelance work with a decentralized platform. The pandemic has ushered in a new age of hybrid and remote working, boosting the sector’s outlook. Data from Statista says that there will be 91 million freelancers in the U.S. in 2028, up from 73 million estimated in 2023.
Uwerx can disrupt the current players in this niche area and grab quick market share with a platform that provides the data security and transparency of the digital ledger. That will give employers and workers more secure agreements, and it can speed up the payments system with a fraction of the fees that are currently the norm.
Analysts see big things for this coin which is currently in a presale. Although UNI and HT could see some positive price action in the future, we believe it would be advantageous to seek opportunities with higher growth potential and Uwerx provides that. Currently, a WERX token is priced at $0.005 – get in on the action whilst you can and be rewarded with a 25% investment bonus by following the links below .
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