Analysts have taken notice of a new crypto project, Uwerx, a project that could revolutionize the global gig economy. The Uwerx presale is currently experiencing high demand, which has reflected in its pricing.
Today, we will compare this rookie with already established cryptos, Arbitrum (ARB) and Sui (SUI), and see how they both fare in recent days.
Uwerx (WERX) Presales Booms With Promise Of More Value For Freelancers
Barely a month into its presales, Uwerx has amassed over 3,500 users. The project also concluded its 1st, 2nd, and 3rd presale stages in record time and is now in the 4th stage of presales. What is the secret behind the Uwerx hype?
Uwerx builds on the Polygon Network with the aim of becoming the first global, blockchain-powered freelance platform. Uwerx plans to offer investors more opportunities to profit from the booming billion-dollar gig economy.
Conversely, it offers freelancers affordable fees at a 1% charge rate, increased trust and security, efficient payment systems, and removal of third-party interference.
The crypto project’s native token is the ERC-20 WERX token, with a total supply of 750,000,000. It will support incentives, exclusive features, and platform governance. In addition, the Uwerx team has increased the presale token allocation from 45% to 57%, representing 427,500,000 WERX tokens. This was to enable more users to participate in its ongoing presale.
The fourth presale stage now features 77,500,000 tokens instead of the initially-proposed 60,000,000 tokens. Plus, a new 5th stage was introduced with 72,500,000 tokens allocated.
Furthermore, Uwerx shows its legitimacy with audit approval from the InterFi Network and SolidProof before presales and has its Alpha version already underway and scheduled for release by next week. The project’s developers have also demonstrated their commitment by decreasing their token allocation from 8% to 7%. They also announced a 25 years liquidity lock after presale and a smart contracts renouncement once they list WERX tokens on centralized platforms.
Due to increased confidence from its unprecedented demand in the presale, Uwerx has increased its proposed launch price from $0.09 – $0.11 to $0.095 – $0.115. However, its presale end date still remains July 31st, 2023. So, consider buying now, as its price will climb to $0.0225 on May 10th, 2023, by 18:00 UTC.
Arbitrum (ARB) Continues To Grow Exponentially
On 17th April 2023, Arbitrum (ARB) reportedly had over 5 million wallet addresses or the number of accounts on its network. This significant milestone demonstrates increased interest and adoption of the Layer-2 solution. In addition, Arbitrum (ARB) also recorded almost 200 million transactions, with 4 million active accounts reflecting active participation on its platform.
However, Arbitrum (ARB) is currently selling at $1.22, a decrease of -2.362% from last month.
Sui (SUI) Has Deployed Its Mainnet
The Sui (SUI) network recently launched its mainnet. The much-anticipated Layer-1 designated Proof-of-Stake protocol now enables users to communicate directly with the blockchain. It will also power next-generation GameFi and dApps.
However, Sui’s (SUI) value has dropped by 74.63% in the last seven days, and it now sells at $1.23. Furthermore, its technical analysis shows that all moving averages indicate strong sell signals.
Even if Arbitrum (ARB) and Sui (SUI) manage to see more price growth in the future, investing in projects with greater long-term growth potential and real-world utility is significantly more lucrative in the future. For this reason, analysts believe Uwerx could push up to $2.7 by Q1 2024.
So if you’re interested in the Uwerx presale, wait no more. Follow these links below to learn how to buy the WERX tokens and for more updates on the project.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.