ApeCoin (APE) and WAX (WAXP) Ready for NFT Revival, Uwerx (WERX) Ahead of Big Announcements

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The cryptocurrency bear market of 2022 not only hurt the price of tokens, but it also hurt the booming NFT (non-fungible token) market. Data from Cryptoslam.io saw NFT sales peak at $4.9 billion in sales worldwide in January 2022, but they fell to just $560 million during December. Blue chip collections like Bored Apes held their value, but the project’s ApeCoin (APE) and WAX (WAXP) exchanges both need an NFT revival for gains.

ApeCoin (APE) saw its price decline in 2022

ApeCoin (APE) was launched at the beginning of the crypto bear market and the coin’s price rose to $22. The price of one ApeCoin (APE) has since dropped to around $3.50, and the utility token will need to see a revival of fortunes in the NFT market. Sales figures for December were about 80 percent lower than December 2021, which saw $2.8 billion in NFT sales, and some investors fear it was a bubble.

Despite the gloom in NFT sales, the Bored Ape Yacht Club NFTs from Yuga Labs that inspired ApeCoin (APE) have held their value well in a slowing market. For now, investors should be focused on investments that can yield gains in a shorter time frame – ApeCoin (APE) may not be one of them.

WAX (WAXP) also needs NFTs to increase its exchange

WAX (WAXP) is the original crypto token of the digital asset marketplace of the same name, and the token was also hurt in the downturn. WAX (WAXP) traded at $0.45 in January but has fallen to just $0.04 as NFT values ​​and sales dried up. WAX (WAXP). The Atomic Explorer marketplace has an all-time turnover of over $450 million, but the last seven-day average was $400,000.

WAX (WAXP) took another hit with the recent news that toy maker Mattell launched its own marketplace on the Flow blockchain. Hot Wheels NFTs were one of the most successful NFT projects operating on the WAX ​​(WAXP) blockchain.

Uwerx (WERX) presale is in the spotlight as NFT rebound inches closer

Uwerx (WERX) is a brand new project currently in pre-sale that is trying to disrupt the market for gig economy workers. Freelance work is becoming a central part of the global economy and Uwerx will bring blockchain technology to this industry. It has the potential to gain large market share as fees will be lower, payments will be faster, and the ledger could provide an opportunity for greater trust and security between employers and freelancers.

Uwerx (WERX) is currently in a token presale priced at just $0.005 per token. With a supply of 750 million tokens, that means a market cap of $7.5 million. However, Upwork, one of the market leaders, has a market value of around $1.5 billion after the bear market.

Uwerx (WERX) has already passed the pre-launch audit with InterFi Network and SolidProof, and is highly likely to become a blue-chip cryptocurrency platform used by millions.

Website: www.uwerx.network

Advance sales: http://invest.uwerx.network/

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network