Uwerx is a new project that has crypto growth investors excited. Uwerx is bringing the world of freelance work to the blockchain and could grow quickly. The risk/reward profile in the project is more appealing than Binance Coin (BNB) and Monero (XMR). Both of those projects have risks in the year ahead due to regulations.
Uwerx will be a good option for crypto growth investors because it has all the credentials seen in previous token successes: unknown, exchange listing ready, secure, disruptive, and with a growing market. Uwerx will combine the fast-growth freelance work market and the blockchain. The platform can take market share from the current Web2 market leaders, and the benefits for employers and jobseekers will add market share to Uwerx..
InterFi Network and Solidproof recently audited Uwerx ahead of the current presale and there is a lock-up period of 25 years after presale ends, so investors know that their investments are safe. The digital ledger will bring fundamental advantages, and Uwerx aims to slash fees from 20% to 1%. There will be other benefits for employers, such as increased data security and that can eliminate the potential for fake resumes, while IP control will be easier. Investors should get in early, as this project is likely to become a blue-chip cryptocurrency platform used by millions worldwide.
Binance Coin (BNB) has mounted a recent rally from the lows of around $210 to hit selling at the $300 level. Trouble seems to follow Binance at every turn, and it would be risky to ride the storm. The latest dramas for Bitcoin included involvement with Bitzlato. The exchange processed around $346 million in BTC for Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly running a “money laundering engine,” Reuters said. This is hot on the heels of the controversy surrounding the Binance reserves after the FTX collapse.
Binance Coin (BNB) was also pressured late in 2022 by a money laundering investigation in the U.S. which was part of a Reuters scoop again. The exchange and the news agency have a bit of a rivalry going on after recent investigations. Finally, rival exchange Coinbase has accused Binance of front running the market, and all of this means Binance Coin (BNB) is a risky holding. J.P. Morgan analysis in January said that Coinbase was the only exchange seeing an increase in trading volumes. “Unlike a number of Coinbase’s high-profile peers, Coinbase did not have direct exposure to FTX and was insulated from the direct legal and reputational fallout from its demise,” JPM wrote.
Monero (XMR) has been a regular fixture of the crypto world for around five years and is one of only a few privacy tokens. Monero (XMR) adds a private transaction dynamic to blockchain transactions for those who want to make their transactions secret. However, that may not be well-supported in the year ahead as tighter regulation comes. South Korea and Japan have already banned privacy coins, and we may see the U.S. and Europe do the same.
Regulators and central banks often criticize the cryptocurrency sector over its links to black market activity or fraud, and it is unlikely that privacy can stay. Kaspersky singled out Monero in a report describing risks for crypto in 2023. Despite this headwind, Monero (XMR) still trades near the top twenty in the list of coins by market value. The project has a valuation of almost £3 billion, and that could result in big downside if regulators close the privacy loophole of Monero (XMR).
The Uwerx project stands to grant potential investors huge returns, we believe this could be a blue-chip cryptocurrency in the future, and we strongly think that this project deserves your attention, especially with the price increase due today, the competition to win $5,000 and the 25% purchase bonus.
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