Many crypto traders agree that the dynamics of the coin market make it difficult to tell which coin would be successful in the cryptocurrency market. However, judging by the rapid pace with which the new project, Uwerx, has scaled through its first, second, and third presale phases, traders already see it topping the charts.
Crypto experts have expressed their admiration for Uwerx and have advised new investors to add it to their portfolios. On the other hand, Uniswap (UNI) and Monero (XMR) holders are seeking new coins to add to their portfolios, and we believe Uwerx should be one of those coins.
In this article, we shall discuss the latest news on Uniswap (UNI) and Monero (XMR) and explain why analysts believe Uwerx’s unique qualities could make it a top contender in the coin market.
Is Uniswap (UNI) Reaching Higher Heights?
On May 6, 2023, Uniswap (UNI) saw an increase in the number of users on its platform. With over 30 million active users, the project looked poised for massive growth. Many traders blamed this rise on the recent surge in meme coins and Uniswap’s (UNI) introduction of the Uniswap Wallet. At a 3% increase, many traders saw it as a signal of a bullish reversal.
But the past 24 hours have not been favorable as Uniswap (UNI) is down by -0.56%. Based on this, Uniswap (UNI) holders are skeptical about the coin’s future, so they seek investment in the new project Uwerx, which offers better-earning potential.
Is Monero’s (XMR) Privacy Becoming a Problem?
Many traders consider Monero (XMR) the future of money. This is due to its focus on privacy and decentralization. The project is able to offer untraceable and unlinkable transactions. With Monero (XMR), every trace of a transaction can be hidden. The sender’s name, the amount sent, and any details about the receiver can all be hidden.
But while this feature is commendable, there have been accusations that Monero (XMR) is used to facilitate criminally-related transactions due to its privacy. Unsurprisingly, these accusations raised concerns among investors.
Monero (XMR) is up by almost 0.68% in the last 24 hours and is priced at $156.97 despite these allegations.
While this increase helps calm some investors’ nerves, many Monero (XMR) holders are considering investing in Uwerx for a better chance at making huge profits.
Uwerx (WERX) is Selling Out Fast
Uwerx is a blockchain-based freelance platform that aims to disrupt the freelance industry with its features. It will offer fair pricing, incentivization, security, fast transactions, and more. The project will charge significantly lower fees than most traditional freelance platforms (1% vs. 20% of Fiverr).
SolidProof and InterFi Network have already audited the cryptocurrency project to guarantee security. As a result, traders have no fear when interacting with the project. Adding to its security features, the Uwerx team will place a 25-year locking period on developers’ liquidity tokens immediately after the presale.
Furthermore, they will renounce smart contracts ownership when Uwerx is ready to be listed on centralized exchanges. These security-related features and innovations will help hedge against rug pulls and prove the team’s commitment to investors.
Of the total 750,000,000 token supply, Uwerx has set 57% for its presale. This accounts for 427,500,000 tokens. In its ongoing fourth stage of the presale, there are 77,500,000 WERX tokens available, and the newly announced stage 5 presale will have 72,500,000 WERX tokens available.
The token allocations for the founding members have been reduced to 7% from the previous 8%. This was done to demonstrate the team’s commitment to serving its users. The Uwerx development team has also announced that by next week, they will start rolling out the Alpha version of the Uwerx platform.
The team has also decided to increase the price of WERX tokens to $0.0225 to compensate for the increased demand. This price increase will be effective from May 10, 2023 (18:00 UTC).
Since more than 90% of companies rely on freelancers, analysts predict the WERX token to exceed $3 by Q2 2024. This means that buying now still presents a great opportunity to make huge profits.
Since the Uwerx presale is slated to end on July 31, 2023, and its projected launch price has been increased to $0.095 – $0.115, this time is the right time to buy into the project.
So what are you waiting for? Click the links below to join the presale.
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.