image 167 1Many traders still consider the 2022 crypto winter the worst time in the cryptocurrency market. This is unsurprising as the crypto winter forced every cryptocurrency to nosedive. 2023 has renewed the hopes of traders. Once again, traders are expecting a successful crypto year.
There is a new crypto project that will put a smile on the faces of its holders. That project is Uwerx. Uwerx is showing great promise in its ongoing presale, and investors have their eyes on it. Let’s explore Uwerx’s features and discover why analysts predict it will boom alongside Filecoin (FIL) and Fantom (FTM).
Fantom (FTM) Welcomes SUPA Foundation
On May 8, 2023, Fantom announced that they have partnered with AWS STARTUPS & Covalent HQ to offer developers a chance to share a prize pool valued at over $200,000. A developer must build a brand-new and innovative dApp to stand a chance. As expected, many developers have jumped to the news, leading to increased activity in the Fantom (FTM) Network.
This development came just days after SUPA Foundation decided to build their game (Internal Conflict) on Fantom (FTM). By joining Fantom (FTM), SUPA Foundation aims to become the top GameFi platform on Fantom and, with time, become the leading blockchain game in the coin market.
These recent developments have caused an upward trend in the value of Fantom (FTM) in the last seven days. The project is trading at $0.38, a 1.99% increase in the past seven days. Analysts believe that with more developers building smart contracts on Fantom (FTM), the project could reach $0.53 by the last quarter of this year.
Filecoin (FIL) Records Gains
Filecoin (FIL) has seen a price surge following its release of Waterlily, a generative AI art platform that pays artists for their designs through the Filecoin Virtual Machine (FVM). The project also released the IPC Subnet and the FIL Covered Call Vaults.
In a tweet on May 17, 2023, Filecoin (FIL) announced the introduction of the Filecoin DeStor Portal for SPs. The portal will provide DeStor providers with the latest updates and GTM content on decentralized storage.
Thanks to these innovations, Filecoin (FIL) has performed well in the past 24 hours. The project sells for $4.56, a 2.51% increase from the last 24 hours. Filecoin (FIL) is ranked #31 in the coin market, with a market cap of $1,941,519,441.
Analysts believe that as more crypto enthusiasts use Filecoin (FIL) for Data storage, retrieval, SP collateral Leasing, and ERC20 token swaps, the value of Filecoin (FIL) could reach $8.68 by the first quarter of 2024. Despite this prediction, analysts consider Uwerx a better alternative for potential profits.
Uwerx (WERX) Presale Keeps Skyrocketing
Uwerx has been generating a lot of buzz with its ongoing presale. The project aims to transform the freelance industry and has become a favorite among crypto analysts and traders.
Uwerx was trading at $0.012 but has increased to $0.041. The team has also announced that another price increase is imminent. The price rise had to happen because the demand for WERX tokens was overwhelming.
Uwerx’s presale has been exceptionally fast, with each stage selling out in record time. Within a month, Uwerx had scaled past the first three presale stages. This presale has been an overall success owing to the agile methodology approach used by the development team. The ongoing fourth presale stage is almost sold out too.
Due to this increase in demand, the Uwerx team has also changed some token allocations.
The founder’s token allocation has been reduced to 7%. The total presale token allocation was increased to 57% (427,500,000). Stage 4 token allocation also rose to 77,500,000 tokens. And the upcoming stage five will have 72,500,000 tokens allocated to it. The Partnership Incentives were also reduced to 3%, while Joining incentives increased to 6.5%.
Uwerx currently offers a 15% purchase bonus on every purchase, but the team has announced that this bonus will decrease as the value of the WERX token increases.
InterFi Network and SolidProof have audited Uwerx. The Uwerx team has also decided to renounce smart contract ownership of Uwerx when it’s ready for centralized exchanges. Plus, they will lock developers’ liquidity for 25 years to prevent rug pulls.
The Uwerx team had scheduled the liquidity lock to be after the presale. However, after 82.8% of the Uwerx community voted for it to be locked before the end of the presale, the team stated that a new date would be announced.
98.2% of the community also voted for Test Airdrop, which the team has agreed to. The team believes the Test Airdrop will enable users to verify if they have entered the correct Receiving Wallet Address. These voting decisions show that the Uwerx team carries the community along in running the project.
Uwerx now has an innovative feature called the Uwerx Vault. This feature will allow users to save their tokens for a while. They will also earn great rewards for using the Uwerx Vault.
The team will also begin to transition to the Beta Version of the platform, where users can begin to test the platform themselves. Uwerx has also announced its dedicated feedback email ([email protected]), where suggestions and recommendations are welcomed. Uwerx has amassed 5,000 sign-ups on its platform thanks to its community-centric approach.
Thriving in the coin market can be a daunting task. But Filecoin (FIL) and Fantom (FTM) have shown signs of potential profit. Uwerx is still on presale and crushing it, so the odds are in its favor to increase its investors’ profits.
With the Uwerx presale ending on July 31, 2023, now is the right time to buy WERX tokens.
To learn more about Uwerx and get a 15% purchase bonus, visit the links below.
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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