Uwerx is pulling in investors like a magnet as its presale progress creates a stir in the market. Analysts are speculating a bright future for the novel project, with its innovative offering to the freelance industry. 

Meanwhile, Sui (SUI) and Shiba Inu (SHIB) continue to battle for relevance in the crypto space. Can Uwerx prove to become a better investment than the previous two cryptos? Let’s find out.

Sui (SUI) Falls By 50% After Coinbase Listing

Sui (SUI) is a Layer-1 blockchain created to distribute digital assets. Sui (SUI) makes it easy and safe for retail customers to own digital assets and track ownership using the Move programming language. It also offers low transaction fees and nearly instant transaction execution. 

The hype being digital asset ownership spurred Sui (SUI) into a price surge, reaching as high as $2.00. However, the SUI token now trades at $1.12. This price indicates a -1.46% decrease in value within the past 24 hours. Two ecological projects, TURBOS and SUIA, on the Sui Network also experienced a sharp decline in their price. 

The current Sui (SUI) decline follows its listing approval on Coinbase. Just weeks before, Binance announced its support for Sui (SUI). However, it remains to be seen if these recent developments can help Sui (SUI) recover and hit the projected average price of $1.51.

Shiba Inu (SHIB) Is Yet To Gain Traction

Shiba Inu (SHIB) has evolved beyond a simple meme coin. Its ecosystem features the decentralized exchange ShibaSwap, where traders can move between Shiba Inu (SHIB) and the other two ecosystem tokens, BONE & LEASH.

It also recently launched its Shibarium, a Layer-2 scaling solution that will greatly improve the Shiba Inu (SHIB) ecosystem and increase its adoption. 

Shiba Inu (SHIB) appears to be struck by bad market conditions as it struggles to lose one of its zeros. It trades at $0.00000869 and has declined by -25.818% since the past month. It is also losing by -0.38% in the past 24 hours. 

Though the Shiba Inu (SHIB) community hopes that the launch of Shibarium will be the beginning of a new era of growth for the Shiba Inu web3 ecosystem and a projected average price of $0.00001111, investors may prefer a more revolutionary and viable cryptocurrency. 

Uwerx (WERX) Spreads Its Wings In The Freelance Sector

A pre-COVID estimate by Forbes puts more than half of the global workforce (52%) as freelancers in 2023. Uwerx plans to this existing market with its generated revenue estimated to be worth 3.39 billion. 

It will build on Polygon (MATIC) to offer a decentralized, secure, and transparent environment that will improve the productivity of freelancers with an unrivaled platform fee of 1%. 

Uwerx has already launched its Alpha version, which features a Landing page and a Sign-up page. Users can expect other features to be out on a weekly/bi-weekly basis. These features include a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more. 

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 feedback@uwerx.network.

Aside from its revolutionary offerings to the freelance industry, Uwerx also offers its secured and innovative Vault, where token holders can store their WERX tokens to earn interests based on platform variables. The Uwerx Vault is similar to staking and designed to promote user engagement. In addition, 98.2% of the community voted for a test airdrop for all token holders to ensure they accurately entered their receiving wallet addresses.

Uwerx has completed 4th presale stage and has launched its 5th stage, with 6,200 sign-ups and 1,627 and 1,456 followers on Twitter and Telegram, respectively. And thanks to the fast progression of its presale, the Uwerx team has raised the presale token allocation from 45% to 57% (427,500,000 tokens). 

Furthermore, Uwerx obtained audit approval from SolidProof and InterFi Network long before the presale began. In addition, the Uwerx team will forfeit all smart contract ownership after listing the WERX token on centralized exchanges. This will discourage any fraudulent behavior on the platform. 

Uwerx developers have also reduced their token allocation from 8% to 7%. They will lock these assets for 25 years to reassure investors of their commitment. While the lock period was scheduled after presale, it will now have a new date after 82.8% of the community voted for a mid-presale asset lock.

Analysts believe Uwerx can hit $2.7 by Q1 2024 due to its predicted massive adoption upon launch. This positive outlook is why the team pushed the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115. 

Uwerx is clearly experiencing unparalleled success in its presales. This is a result of the agile methodology approach of the development team. It allowed them to roll out the project in stages while making improvements along the line. 

As Sui (SUI) and Shiba Inu (SHIB) continue to compete in the open crypto market, price predictions indicate a brighter future for Uwerx. Given the explosion of freelancing, Uwerx may even become a future blue chip. 

Therefore, you should prioritize adding the WERX token to your portfolio, especially with the 15% purchase bonus offered during this presale period. Join the presale by following the links below before the scheduled price increase and bonus reduction.

Website: https://www.uwerx.network
Presale: invest.uwerx.network  
Telegram: https://t.me/uwerx_network  
Twitter: https://twitter.com/uwerx_network

The post While Sui (SUI) And Shiba Inu (SHIB) Battle For Dominance, Uwerx (WERX) Price Prediction Shines Brighter appeared first on CoinChapter.

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Filed under: Bitcoin - @ June 8, 2023 12:24 pm