Uwerx Crypto Presale Looks To Outpace Binance Coin (BNB) and Litecoin
Uwerx is a brand new crypto project currently in pre-sale that could disrupt the gig economy with a decentralized blockchain platform. With an early mover advantage in a booming sector, investors could be rewarded with strong gains in 2023. The fallout from the collapse of the FTX exchange continues to affect the crypto market and Binance Coin (BNB) is a risky holding. Litecoin (LTC) has shown progress recently, but it is not certain that it will get too far ahead of today’s levels.
Binance Coin (BNB) struggles as the exchange faces scrutiny
Binance Coin (BNB) has been under heavy selling pressure this year, rising with some high-profile explosions. The failure of the FTX exchange was an event that should 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 which is ten times the size of its nearest rival Coinbase. However, investors are becoming wary of the economics of 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 original FTT token. Investors are now concerned that Binance is placing too much emphasis on its own Binance Coin (BNB) and may face a similar fate. Attempts by Binance to calm the market have so far not inspired confidence, and there is a downside risk to holding this token.
Litecoin (LTC) is making a comeback, but may not go far
The price of Litecoin (LTC) has seen a pullback from bear market lows recently. The coin is trading at around $70 after hitting lows around $42. Despite a bounce, there is little upside for Litecoin (LTC) in the short 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 is likely to remain there.
Cryptocurrency projects need momentum and adoption of their products, and Litecoin (LTC) has stalled in this regard. The coin may rise with a rebound in BTC and the general market, but there is no quick upside of 10x coming into this coin. Litecoin (LTC) is a popular coin for payment providers, such as PayPal, but it is not used on a scale that could change the short-term trajectory of the token price.
Uwerx (WERX) Presale: Offers big upside in a sideways market
The Uwerx crypto sale has the potential to provide investors with great investment returns in 2023 and beyond. While Binance Coin (BNB) and Litecoin (LTC) are well established, Uwerx is relatively unknown due to 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 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 contribute $1.4 trillion to the US 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 probability that WERX could become a blue-chip cryptocurrency platform used by millions.
Analysts predict that the WERX token may reach $1.00 in Q4 2023 and $1.80 by Q2 2024. Investors looking to avoid the market gloom and risk associated with Binance Coin (BNB), WERX could be the perfect token addition to their portfolio, and the coin could explode after the pre-sale is complete. The liquidity has also been locked in for 25 years after the advance sale has been completed.
Confidence is certainly high as Uwerx had two audits conducted by InterFi Network and Solidproof prior to their ongoing pre-sale. In addition, the team behind it has stated that they will waive the 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 can increase by 8500%. The WERX token is currently priced at just $0.005, this could be one of those moonshots everyone is talking about. We advise investors to take a look at this potential blue-chip crypto pre-sale as soon as they can, as the opportunities to get in early are always the best.
Website: www.uwerx.network
Advance sales: invest.uwerx.network
Telegram: t.me/uwerx_network
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