image1 (1)The global market is attempting to recover in the wake of the recent regulatory pressure. While some tokens have recorded little gains here and there, others like Axie Infinity (AXS) and Cardano (ADA) still need to catch up.
Meanwhile, Uwerx is a crypto project with real-world utility in the freelance industry, one of the fastest-growing global markets. Here’s why investors are rooting for it.
Uwerx (WERX) Holders Could Enjoy Both Short Term And Long Term Gains
The Uwerx presale is running its course as it continues its 5th stage. Its $0.005 starting presale price has already surged to $0.041. Experts are projecting a potential rise to $3 by Q1 2024, an extraordinary increase from its current price. These expected gains far surpass that of other cryptocurrencies over the same period.
Furthermore, Uwerx has recorded 5,546 signups, 1,655 Twitter followers, and 1,746 followers on Telegram. Due to the massive adoption, Uwerx increased its presale token allocation from 45% to 57% (427.5 million WERX tokens) of the 750 million token supply. Also, the token allocations for the founding team were reduced to 7%.
Uwerx has been audited by SolidProof and InterFi Network even before starting the presale. This assured investors of its security and legitimacy. As 82.8% of the Uwerx community voted, the developers have locked their liquidity for the next nine months. This lock was implemented on Wednesday, June 7th. Again, they assured investors they would renounce all smart contract ownership after listing the WERX token on centralized exchanges.
The anticipated Alpha Version of the platform has been launched and features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation page. Other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process pages.
Meanwhile, the transition to the Beta version will begin soon, enabling users to start testing the platform. Users can also send their feedback to the Uwerx team at [email protected].
In addition, Uwerx provides a Vault for storing tokens for different periods. The Uwerx Vault allows staking, meaning users can earn rewards from it. Also, 98.2% of the community voted for a test airdrop to ensure users entered their receiving wallet addresses correctly.
Axie Infinity (AXS) Fails To Make A Comeback Following SEC’s Sanctions
Axie Infinity (AXS) continues to plunge since the SEC sued Binance in a fresh lawsuit on June 5th. The court filing listed Axie Infinity (AXS), the BNB token, BUSD, and nine other tokens as unregistered securities offered on the Binance exchange.
After breaching the critical support level of $5.92 on June 10th, Axie Infinity (AXS) is down to $5.00. Its weekly chart shows a 24.23% decrease, while it lost 1.36% in its daily chart.
This new low shows a bearish trend amid the regulatory concerns surrounding Axie Infinity (AXS). Experts are yet to determine when the metaverse token can break even.
Cardano (ADA) Enthusiast, Gambardello, Shows Optimism. Will The ADA Token Hit The $3.00 Mark Soon?
Cardano (ADA) is among the crypto projects that have openly challenged the SEC’s accusations of being a security. The popular altcoin experienced a significant downward trend during the recent collapse of the altcoin market. Its price plummeted by 41.6%, dropping from its height of $0.379 to a monthly low of $0.22. Despite this sharp decline, an influx of buyers swiftly entered the market, driving ADA’s value above the crucial support level of $0.266.
However, Cardano (ADA) is still in the red zone showing a 19.09% decrease in its weekly chart. Its current price is $0.27 showing that it is still under selling pressure.
Although Cardano (ADA) has prominent advocates like Dan Gambardello, who express bullish sentiments, its current probability of rallying above the $0.3 mark is relatively low.
The recent volatility in the crypto market caused by the SEC’s regulatory attempts is no child’s play. Axie Infinity (AXS) is going downhill, while Cardano (ADA) is still finding its feet. However, Uwerx investors are unshaken as Mastercard predicts the gig economy will increase by 17% to hit about $455 billion in 2023.
Take advantage of the Uwerx presale before it concludes on July 31st, 2023. You can also enjoy a 15% bonus on all purchases. Click the links below to purchase now!
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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