Crypto traders constantly seek projects that can bring massive returns, and the upcoming project, Uwerx, has caught their attention. Uwerx has been smashing its presale, and early investors are impressed.
Read on us as we discuss the latest developments with Decentraland (MANA) and XRP (XRP) and highlight what makes Uwerx a must-buy.
Decentraland (MANA) Fails To Record Gains
The recent developments with Decentraland (MANA) in the past week have not yet been reflected in the price of the project. Following the project’s Metaverse Fashion Week, where it got sponsorship from big brands like Tommy Hilfiger and Amazon, investors had anticipated the price of Decentraland (MANA) to start recovering.
However, Decentraland (MANA) went in the opposite direction, decreasing by -3.39% in the last 24 hours. The project currently trades at $0.46 with a market cap of $866,087,344. The price fall is unsurprising as only 26,000 attendees were at the metaverse fashion week. This is a significant drop, as 100,000 users attended the event last year.
However, following Grayscale’s announcement that it would introduce Decentraland (MANA) in its lineup of crypto investment trusts, analysts believe the project has another chance at a price rise. They predict the project to reach $0.86 by the first quarter of 2024.
XRP’s (XRP) Triumph in Brawl With The SEC
XRP (XRP) holders eagerly anticipate the end of the lawsuit between Ripple and the Securities and Exchange Commission. The two-year legal battle has garnered support for Ripple from crypto traders, who believe U.S. regulators are unfairly targeting cryptocurrencies.
Following the support, the XRP network has experienced many address activities in the past seven days. According to Santiment, a blockchain analytics firm, around 490,000 addresses interacted on the network on May 27, 2023. This indicates that a bullish rally could be coming for the XRP (XRP) token.
The project has recorded a 12.31% increase in the past seven days. XRP (XRP) currently trades at $0.51 with a market cap of $26,314,591,366.
Analysts predict that as the court case goes in XRP’s (XRP) favor, it could push the project’s value to $0.83 before the fourth quarter of 2024.
Uwerx (WERX): Bringing Benefits To Everyone
For a project that is yet to launch, Uwerx has been incredible since the start of its presale.
Since the start of Uwerx’s presale, the project has sold over 350 million tokens, and all signs indicate that more tokens will be sold in the coming week.
This fast speed of sales can be attributed to the agile methodology approach that Uwerx’s developers adopted. They rolled out the project in stages and made improvements based on the community reception.
Based on this speed of sales, the Uwerx team had to make some adjustments. The first adjustments came in the token allocations. The team increased the presale token allocation to 427.5 million tokens from the 750 million total tokens supply. They also raised Uwerx’s launch price to $0.095 – $0.115.
Additionally, they reduced the founding team’s allocation to 7% and released 72.5 million tokens for the ongoing fifth presale stage.
Uwerx focus on revolutionizing the freelance industry makes it a must-have for freelancers. By offering the benefits of blockchain technology with the added benefit of low transaction fees, freelancers can’t wait for this project to join the coin market. Velocity Global has stated that the gig economy will be valued at $455 billion this year. This means that investing in a project that seeks to improve the gig economy is a brilliant move.
Uwerx has been audited by SolidProof and InterFi network before the presale. This is to prove that the project will safeguard investors’ funds. Additionally, Uwerx developers have relinquished smart contract ownership, which will take effect when Uwerx lists on centralized exchanges.
The Uwerx team also placed a 25-year liquidity lock on developers’ tokens which was supposed to take effect after the presale. However, the team decided to start the lock next week following a poll where 82.8% of respondents voted to have the lock done during the presale.
The team had another poll, where 98.2% of the voters preferred to have a test airdrop. The Uwerx team believes the airdrop will enable users to verify that they entered the correct wallet addresses.
In a recent development, Uwerx launched its platform’s Alpha version. This version currently features a Landing page, SignUp page, Log-In page, Forgot Password page, Freelancer or Client Initiation page, My Activity page, Hiring Dashboard page, Job Creation Process page, Initial step of Job Creation, and Initial Step of Finding Talent pages. The team has promised to release more pages this week.
The platform will also transition to the Beta version soon so users can test it themselves. Community members who want to send feedback to Uwerx can do so through their dedicated email, feedback@uwerx.network.
Uwerx has introduced the Uwerx Vault. This feature will help users save their WERX tokens for a desired time. They will also be rewarded for using the Vault.
The WERX token is sold for $0.05245/WERX, with a 25% purchase bonus ending today at 18:00 UTC.
Analysts predict the value of Uwerx to go above $3 by Q4 2024.
So, get your hands on Uwerx and the 25% bonus by clicking the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
