Market Sentiments on Shiba Inu, Chainlink, and Uwerx

Experienced crypto traders are scanning the coin market for projects that may be the next big thing. Analysts have set their eyes on Uwerx, a freelance-based platform that brings innovative features to the gig economy. 

This article will discuss the ongoing Uwerx presale and highlight the positive market sentiments on Shiba Inu (SHIB) and Chainlink (LINK). Let us start with Shiba Inu (SHIB).

Shiba Inu (SHIB): Adding More Value To Meme Coins 

Shiba Inu (SHIB) is releasing many products to rid itself of being considered just a meme coin. With other meme coins lacking in real-world use cases, this move would raise the value of Shiba Inu.

The community, Shiba Army, eagerly awaits the release of the Shibaswap 2.0. The portal will serve as a platform where users can access graphs, statistics, news, and trends. Users can also exchange any token from the Shiba Inu ecosystem without needing a third party.

Additionally, Shibaswap will allow users to stake each token from the SHIB ecosystem. The platform also has an (NFT) market for THE SHIBOSHIS, SHIB’s NFT collection.

Based on market trends, analysts project that Shiba Inu could reach a value of $0.00001560 by Q1 2024. This represents a substantial 77.9% increase from its current price of $0.00000864. 

Since Chainlink (LINK) launched in 2017, the project has stayed among the top 100 coins in the market. This is thanks to its ability to use its Oracle network to bridge real-world data and smart contracts. 

In March 2023, Chainlink partnered with Aave (AAVE). The partnership will empower Aave to utilize Chainlink’s automation for the Aave Robot development. 

On top of that, Chainlink joined forces with Avalanche in May 2023. This partnership will bring Chainlink functions to the Avalanche Fuji testnet. 

As a result of these developments, there has been a growing interest surrounding Chainlink leading to an increase in its value.

The last seven days have seen Chainlink fall by -4.28%. The project is trading at $6.35 with a market cap of $3,281,383,146. Analysts predict it to reach $11.80 within the second quarter of next year.

Uwerx (WERX) Leave Investors Astonished 

Thanks to its innovative features and security measures, Uwerx has quickly warmed the hearts of investors. The project has smashed past expectations. This freelance platform has unique features that will change the freelance industry and bring huge gains for investors. 

While traditional freelance platforms charge 10% to 20% transaction fees, Uwerx will charge only a 1% transaction fee. SolidProof and InterFi have audited the project, so it is secure for transactions.

Uwerx is currently in the fifth presale stage, with 72,500,000 tokens available. The project reached this stage in under two months because investors demanded more WERX tokens than Uwerx developers anticipated. 

This presale success is partly due to the development team’s agile methodology. This method involved releasing the project in stages and making adjustments as they progressed.

The Uwerx team had to revise the token price and allocations. This was done to compensate for the speed of sales. The team changed the presale allocation from 45% (337,500,000 tokens) to 57% (427,500,000). They also reduced the founding team’s token allocation from 8% to 7%, increasing the launch price to $0.095 – $0.115.

To ensure the safety of investors’ funds and show their commitment, the team will renounce smart contract ownership of Uwerx when it gets listed on centralized exchanges. 

The Uwerx team proposed starting a 25-year liquidity lock on developers’ tokens after the presale. However, after 82.5% of respondents voted in a poll to have the lock start during the ongoing presale, the team has promised to announce a new date soon.

In addition, 92.8% of the community voted for a test airdrop in another poll. The team believes the test airdrop will enable users to validate their wallet addresses. 

In recent news, it has launched the Alpha Version of the platform. The version currently has the landing and signup pages. Uwerx has promised to add other features, such as the login page, sign-in page, user dashboard, settings, posting jobs, and finding jobs by next week. 

The platform will also transition to the Beta version soon, so users can start testing the new platform. It will also welcome feedback on the platform via a dedicated email, [email protected].

Uwerx also launched the Uwerx Vault, where users can store their tokens for a preferred duration. They can also earn rewards for using the Uwerx Vault. 

Given the many innovative features of Uwerx, analysts have high hopes for the project. Its price has gone from $0.005 to the current price of $0.041, indicating its successful presale. Analysts believe Uwerx will exceed $2 within Q4 2023. 

Many investors have seen what analysts see; as a result, over 5,546 people have signed up. The project currently has 1,627 followers on Twitter and 1,456 members on Telegram.  

If you want to join this growing community, you’ll be happy to know that Uwerx offers a 15% bonus for every purchase of WERX tokens. The team has indicated their plans to reduce the bonus and introduce referral bonuses after the next WERX price increase.

So, take advantage of the 20% purchase bonus by following the links below:

Presale | Telegram | Twitter | Website

Source: https://coinpedia.org/press-release/market-sentiments-on-shiba-inu-chainlink-uwerx/