Choosing the right project can be challenging since many crypto projects are floating around in the coin market. Analysts have found one project they believe has enough potential to bring massive returns to its investors. That project is Uwerx.
Read on as we discuss the features of Uwerx and highlight its price predictions alongside Filecoin (FIL) and Sui (SUI). Let us start with Filecoin (FIL).
Filecoin (FIL) Recent Developments
Filecoin’s (FIL) latest additions to its network have translated to a slight price increase for the cryptocurrency. What are these innovations? Firstly, Filecoin released Waterlily, a generative AI art platform that utilizes FVM to reward artists for their pictures. Secondly, they released the IPC Subnet, which facilitates high-performance apps on FVM. And finally, they introduced the FIL Covered Call Vaults, a financial product that enables FIL holders to make extra money by selling call options on their FIL assets.
Thanks to these innovations, Filecoin has performed well in the past 24hrs. The project trades at $4.54, a 1.98% increase from the last 24hrs. Filecoin is ranked #31 in the coin market, with a market cap of $1,937,489,596.
Analysts believe that since more and more traders are seeking decentralized storage, Filecoin (FIL) will reach $8.12 before the second quarter of 2024.
Sui’s (SUI) Weekly Performance
The revelation that a big percentage of the circulating supply of Sui (SUI) is held by market makers (MMs) has affected the value of Sui (SUI) in the last seven days.
Sui (SUI) has declined for the last seven days. The project trades at $1.02, representing a -9.3% decline from the last seven days. But Sui has increased by 1.41% in the past 24hrs and its market cap is $536,394,147.
Within the month, Sui (SUI) integrated with Indexer.xyz, Hyperspace, and FinalStardust to its network. These additions have led analysts to predict Sui (SUI) to rise to $1.80 by Q4 2024.
Uwerx (WERX) Is Performing Wonders
Investors and freelancers have shown their excitement at the soon-to-launch project Uwerx. This is because Uwerx has something for them. It will offer freelancers decentralization, low transaction fees (1%), transparent pricing, fast payments, and more. To investors, Uwerx will offer them a chance to earn massive profits from very low investments.
These offerings are why traders rush to buy Uwerx in its ongoing presale. The project has sold out faster than traders and even Uwerx developers anticipated.
Its developers’ agile methodology approach brought about this successful presale. The method involved unveiling the Uwerx in stages and making improvements where necessary.
Uwerx is in its fifth presale stage, with 72.5 million tokens available for $0.05245 per token. More than 12 million tokens have been sold already, signalling another quick sell-out.
Uwerx’s previous presale stages sold faster than anticipated, leading the Uwerx team to make some changes to the project. They raised the presale token allocation to 57% (427.5 million tokens). They also reduced the founding team’s token allocation to 7%, increasing the launch price to $0.095 – $0.115.
The project takes its investors’ funds seriously, so they have made the necessary arrangements. They had SolidProof and InterFi Network audit Uwerx before the presale started. They have also decided to relinquish smart contract ownership of the project once it lists on centralized exchanges.
Additionally, they planned to place a 25-year liquidity lock on developers’ tokens after the presale. But following a poll where 82.5% of the community voted to have the lock start immediately, the team has decided to lock the tokens next week.
The team conducted another poll asking the community if they wanted a Test Airdrop. The results showed that 92.8% of respondents favoured the test airdrop. The airdrop will enable users to confirm that they entered their wallet addresses correctly.
In recent news, Uwerx’s Alpha Version has launched with its Landing page, Signing Up page, Logging In page, and Forgot Password page. It also has the Freelancer or Client Initiation page, My Activity page, Hiring Dashboard page, Job Creation Process page, Initial Step Of Job Creation, and Initial Step of Finding Talent pages.
They will also transition to the Beta version soon so users can begin testing the platform. Uwerx has also set up a dedicated email, [email protected], so that users can send feedback about the platform.
Uwerx recently introduced the Uwerx Vault, a feature enabling users to store their tokens for a preferred duration. Users can also earn rewards for using the vault.
With the gig economy expected to be valued at $455 billion this year, according to Velocity Global, analysts predict Uwerx to rise above $2.5 within Q4 2023.
So what are you waiting for? Take advantage of this bonus and join the presale by clicking the links below:
Source: https://coinpedia.org/press-release/filecoin-price-prediction-sui-loses-momentum/