Professional investors are drawn to promising crypto projects in their initial phases, and Uwerx stands out as a platform with immense potential to become a widely adopted cryptocurrency. Analysts say the WERX token could hit $2.7 by Q4 2023.
While Dogecoin (DOGE) and Gala (GALA) are pre-established cryptos in the crypto market, Uwerx is currently in its presale phase, preparing for its official launch. This presents an opportune moment for investors to acquire a potential blue-chip cryptocurrency at an attractive price. Here’s why Uwerx prediction could outperform Dogecoin (DOGE) and Gala (GALA).
Dogecoin (DOGE) Has Lost Almost 25% Of Its Value In The Last One Month
Dogecoin (DOGE) has been struggling to rally fully since April 2023. Within the last month, the price of Dogecoin (DOGE) has fallen by -29.563%, eliminating an average sum of $0.024 from its value. Currently, the meme coin trades at $0.067.
Atomic Wallet, a centralized storage and wallet service, was recently hacked over the past weekend. Around $35 million worth of different digital tokens were stolen. Part of the stolen digital tokens includes Dogecoin (DOGE). Although Dogecoin (DOGE) was not the largest stolen asset, this development may have affected buyers’ confidence.
Again, competition from other meme coins like FLOKI (FLOKI) and Shiba Inu (SHIB) may be affecting the meme coin’s performance. Dogecoin (DOGE) fell by 8.05% within the last 24 hours. If this bearish trend continues, the meme coin might lose its current 8th position on crypto rankings. It might also affect Dogecoin’s (DOGE) goal to hit $1 by 2023 end.
Dogecoin’s (DOGE) investments grew due to hype and mentions by several social media influencers. However, its short-term investment status could reduce its chances of becoming the meme coin of 2023.
Experts Are Optimistic About Uwerx (WERX) Performance As It Continues Its Successful Presale
Built to counter current issues faced in the multi-billion dollar freelance industry, Uwerx comes as a breath of fresh air. According to Forbes, a survey report by Fiverr revealed that about 78% of business owners say they’ll be more likely to hire freelancers than full-time employees, given uncertain economic conditions.
As the freelance market continues to thrive, we believe Uwerx will emerge as a game-changing platform in the industry. Prior to its presale, Uwerx underwent a thorough audit conducted by InterFi Network and Solidproof.
Now in its 5th presale stage, Uwerx has pushed its token price to $0.41, amassing over 5,546 signups, 1,627 Twitter followers, and 1,677 followers on Telegram. The Uwerx team has also increased the WERX launch price from $0.09 – $0.11 to $0.095 – $0.115.
To accommodate more buyers in its presales, the Uwerx team increased presale token allocation to 57% (427,500,000 tokens). The team also reduced their token allocation from 8% to 7% to maximize user benefits.
Moreover, the team implemented a 25-year lock on its liquidity on Wednesday, 7th June 2023, as 82.8% of the community approved. This will discourage any fraudulent activities or rug-pull. Also, once the WERX token is listed on centralized exchanges, the team will renounce all smart contracts ownership. These factors contribute to investors’ belief in the Uwerx project.
Furthermore, as a community-driven project, the Uwerx team organized a poll whereby 98.2% of the community voted for a test airdrop for all token holders. This will ensure that all token holders have their correct receiving wallet addresses. The team has also unveiled the Alpha Version of the Uwerx platform. It already 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, this current version will soon give way to the Beta version, where users can interact with the platform.
Users can also send their opinions and feedback to the developers using the dedicated feedback email at email@example.com.
Finally, the team integrated a Vault system that allows users to store their assets for passive income through savings interest. This will encourage more user engagement on the platform.
Thus, Uwerx holds the potential to give substantial profits to its investors. Its remarkable presale, which continues to attract more investors, is due to the agile methodology approach of the development team. It allowed them to roll out the project in stages while making improvements along the line.
Gala (GALA) Declines Despite Notable Partnerships
Gala (GALA) has experienced notable price fluctuations lately. The Play-to-Earn cryptocurrency is currently valued at $0.027 and is down by 7.89% within the last 24 hours. Its current price also reflects a 9.38% decrease over the past week.
Over the past few weeks, Gala Games, the platform behind the GAKA token, celebrated multiple collaborations with notable companies, including Ubisoft. While analysts expected these partnerships would attract more users to the gaming platform and help increase the demand and value of the GALA token, this has yet to be the case.
While Dogecoin (DOGE) and Gala (GALA) are swimming in the sea of red charts, Uwerx charts its course toward a profitable future. Early investors stand to gain significantly from buying the WERX token at the ongoing presale.
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