
Uwerx is a new crypto project that can help investors make substantial gains in 2023 and beyond. Founded on the Polygon (MATIC) network, the project aims to decentralize freelancing and create a better environment for improved productivity.
With its presale currently in the 5th stage, Uwerx has much to offer investors. Find out what these offers are and the current position of Cosmos Hub (ATOM) and BNB (BNB).
The Cosmos Hub (ATOM) network is a Proof-of-Stake (PoS) mainnet with customizable blockchains called Zones. It enables developers to build more scalable blockchains and applications using its open-source tool, the Cosmos SDK.
Binance Chain, Cronos Chain, and THORChain are a few projects built with this tool. Meanwhile, the ATOM token facilitates fast, affordable, and secure transactions on the Cosmos Hub network.
The current price of the ATOM token is $9.99, indicating a 7.04% decrease within the last 24 hours. This price also signifies a 7.18% decrease within the past week. Though Cosmos Hub (ATOM) has made significant progress in 2023, the recent lawsuit filed by the US SEC against Binance, its CEO Changpeng Zhao, and Binance U.S.
In the lawsuit, the commission listed Cosmos Hub (ATOM) and 11 other tokens, which it termed "securities." The commission alleged that since its inception, the Binance platforms have offered and sold "unregistered securities" as investment contracts.
Though the U.S. regulator is yet to provide a clear legal framework for what constitutes a security, its accusations continue to affect the crypto community. Since the news of the lawsuit broke, there has been a decline in the price of ATOM and the other 11 tokens mentioned in the case. While earlier predictions from priceprediciton.net showed the ATOM token could hit $21.82 in 2024, the predicted price is now down to $19.31.
According to the Indian news platform, The Print, financial services platform, StrideOne, reported that the gig sector could account for about 4% of India's total workforce by 2024. This growth trend is global, and it's caused by Covid-19's effects on working habits.
Uwerx has many fundamental advantages that will make it a dominant force in the freelance industry, such as a flat 1% platform fee, removal of third-party interferences, improved security, and more incentives. The Alpha version of its platform is already out and features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation page.
Its other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process pages. Meanwhile, this current version will soon transition to Beta, where users can interact with the platform.
Users can also send their opinions and feedback to the developers using the dedicated feedback email at feedback@uwerx.network.
Uwerx currently trades for $0.05245 and has amassed huge demand, the Uwerx team increased the presale token allocation to 57% (427,500,000 tokens).
The team also reduced their token allocation to 7% (52,500,000 tokens) to prioritize user benefits. In addition, the team implemented a 25-year lock on its liquidity on Wednesday, June 7th. This move was supported by 82.8% of the Uwerx community. It also reflects the team's commitment to the Uwerx project.
To ensure Uwerx is truly a community-owned project, the team plans to forfeit all smart contract ownership after launching the project on centralized exchanges. Also, in a poll, 98.2% of its community voted for a test airdrop to ensure all token holders entered their correct receiving wallet addresses.
Regarding security, Uwerx received audit approval from SolidProof and InterFi Network long before its presale began. This will assure investors of the safety of their investments. Uwerx also features a vault system whereby token holders can store their assets for passive income earning through savings interest.
Experts have weighed their opinion on Uwerx. Citing its strong tokenomics, better security, and potential to become a leader in the freelancing industry, they expect the WERX token to hit $2.7 by December this year. The Uwerx team has also increased the WERX launch price from $0.09 – $0.11 to $0.095 – $0.115. This indicates multiple returns on investment, given its current presale price.
BNB (BNB) is a globally adopted cryptocurrency due to its association with the Binance Smart Chain (BSC) and Binance, the world's leading exchange platform ranked by volume.
Also, the Binance Smart Chain (BSC) remains the second-largest ecosystem after Ethereum and executes thousands of transactions daily. The BNB token facilitates all of these transactions. It also enables interested investors to invest in several projects built on the Binance ecosystem.
Given the multiple uses BNB token, analysts expected the coin to hit $500 by 2023 end. Following the 2022 crypto winter, which ended with the FTX collapse, the BNB token rallied alongside Bitcoin's (BTC) surge earlier this year. However, that might not happen as the token currently trades at $276.90, indicating a 9.52% decrease within the last 24 hours. It has also decreased by 11.5% within the past week.
The token plunged as the US SEC dragged Binance and its CEO, Changpeng Zhao, into a lawsuit. The regulator accused the exchange platform of offering various unregistered securities to the public. These accusations plunged the crypto sector into a state of decline as the lawsuit mentioned 11 other prominent cryptocurrencies.
The SEC's constant intervention and the resulting market fallout have sparked intense debates and apprehensions within the investor community, analysts, and crypto enthusiasts about the future of cryptocurrencies, particularly altcoins. Binance, recognized as a prominent entity in digital assets, now faces a challenging predicament as the global audience eagerly observes its strategic maneuvering amidst this unfolding scenario.
While Cosmos Hub (ATOM) and BNB (BNB) face legal challenges, Uwerx offers a refreshing alternative to investors. Its remarkable presale is due to the agile methodology approach of the development team. It allowed them to roll out the project in stages while making improvements along the line. Thus, analysts believe it is an investment opportunity no one should miss.
Uwerx presents a low-entry point for you to take advantage of. By choosing Uwerx today, you could enjoy a 15% purchase bonus and an upcoming referral bonus.
Website: https://www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.