Uwerx is a brand-new crypto project that is currently in presale that could disrupt the gig economy with a decentralized blockchain platform. With an early mover advantage in a booming sector, investors can be rewarded with strong gains in 2023. The fallout from the collapse of the FTX exchange is still affecting the crypto market and Binance Coin (BNB) is a risky holding. Litecoin (LTC) has shown recent gains, but it may not get too far ahead from current levels.
Binance Coin (BNB) Struggles as Exchange Faces Scrutiny
Binance Coin (BNB) has been under heavy selling pressure this year and that increased with some high-profile blow-ups. The failure of the FTX exchange was an event that was supposed to leave Binance Coin (BNB) in a strong position as the industry’s leading exchange. Binance Coin (BNB) has a daily volume of around $5.6 billion and which is ten times the size of its nearest rival Coinbase. However, investors are becoming wary of the finances at the exchange and Binance Coin (BNB) has suffered.
The problem for the FTX exchange was that it had traded client funds and held the bulk of its assets in the native FTT token. Investors are now worried that Binance puts too much importance on its own Binance Coin (BNB) and could face a similar fate. Attempts by Binance to soothe the market have so far failed to inspire trust and there is downside risk in holding this token.
Litecoin (LTC) Rebounds but May Not Get Far
The price of Litecoin (LTC) has seen a rebound from the bear market lows recently. The coin trades at around $70 after hitting lows around the $42 level. Despite a bounce, there is little upside for Litecoin (LTC) in the near term. The project has been around for years and has had a chance to impress investors. Despite some volatile price highs, the project is stuck in a sideways movement and will likely stay there.
Cryptocurrency projects need momentum and adoption of their products and Litecoin (LTC) has stalled in this respect. The coin could rise with a rebound in BTC and the overall market, but there is no quick upside of 10x coming in this coin. Litecoin (LTC) is a popular coin for payment providers, such as PayPal, but it is not being used on a scale that can change the near-term trajectory of the token price.
Uwerx (WERX) Presale: Offering A Big Upside in a Sideways Market
The Uwerx crypto presale has the potential to provide investors with big investment returns in 2023 and beyond. While Binance Coin (BNB) and Litecoin (LTC) are well established, Uwerx is relatively unknown due to it being a new project. The project wants to revolutionize the world of freelance work and there should be a big upside when investors become aware of the platform.
The gig economy is one of the fastest-growing sectors and Uwerx looks set to disrupt the current players and their high fees. Uwerx wants to create lower costs and bring new features to the freelance industry and can tap into a growing financial ecosystem. It was reported that gig workers already provide $1.4 trillion to the U.S. economy, which is growing due to the pandemic. In light of this prediction, and the inherent advantages of the Uwerx platform, there is a high likelihood that WERX could become a blue-chip cryptocurrency platform used by millions.
Analysts predict the WERX token could reach $1.00 in Q4 2023 and $1.80 by Q2 2024. Investors looking to avoid the market gloom and the risks associated with Binance Coin (BNB), WERX can be the perfect token addition to their portfolio and the coin could rocket after its presale is complete. Liquidity has also been locked in for 25 years after the presale is complete.
Confidence is certainly high as Uwerx had two audits completed by InterFi Network and Solidproof prior to their ongoing presale. Additionally, the team behind has stated that they will renounce their rights to the smart contracts associated with Uwerx. In light of these announcements and the growth of the freelance industry, cryptocurrency experts are currently predicting that WERX could increase by 8,500%. The WERX token is currently priced at just $0.005, this could be one of those moonshots everyone talks about. We recommend investors should take a look at this potential blue-chip crypto presale as soon as they can, as opportunities to get in early are always the best.
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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Source: https://www.thecoinrepublic.com/2023/04/06/uwerx-crypto-presale-looks-likely-to-outperform-binance-coin-bnb-and-litecoin/