The crypto industry is renowned for its volatility and innovation. As new projects emerge to disrupt the status quo, the market advances quickly due to this ongoing innovation.
In 2011, Litecoin (LTC) introduced faster, cheaper payments than Bitcoin (BTC). In 2013, meme-inclined Dogecoin (DOGE) combined fun, excitement, and profitability. And today, Uwerx is gearing up to revolutionize the entire freelancing sector.
But can Uwerx's presale outperform Litecoin (LTC) And Dogecoin (DOGE) in 2023 amid the current rallies of these two established cryptos? Let's explore!
A focus shift to decentralized protocols saw Litecoin (LTC) fall out of favor with investors. However, the Bitcoin (BTC) alternative is pulling a comeback.
Litecoin (LTC) is solely used for transactions, which has recently increased usage. In February 2023, the Litecoin (LTC) Foundation announced the successful completion of its 144 millionth Litecoin transaction.
Litecoin (LTC) further received significant media attention the same month as it reached a mammoth milestone. The development team announced that over $1 trillion in transactions had been completed using Litecoin (LTC).
Litecoin (LTC) has also partnered with Mastercard to launch its card program (Litecoin Mastercard) across Europe. This allows Litecoin Mastercards to be used in any EU state that supports Mastercard.
These recent increase in use cases, plus talks of a 2023 halving event, has positively affected Litecoin's (LTC) price and the surge in trading volume.
Dogecoin (DOGE) was developed as a meme coin. Its primary use case was to reward the community for amusing comments. However, even with no use case, Dogecoin (DOGE) developed a strong community.
In 2021, it rallied hard to its all-time high. The backing and support of crypto whale and serial entrepreneur Elon Musk catalyzed this astronomical rise.
In April 2023, the Tesla CEO is at it again. He briefly made the DOGE avatar into the new Twitter logo, sparking widespread market activity. As a result, Dogecoin (DOGE) surged from $0.076 to $0.101. In addition, it increased by 544% in trading volume. Its market cap also increased by 25.93%.
Though the crypto's 24-hour trading volume crashed by 25% at the time of writing, Dogecoin (DOGE) still maintains over +$200 million in trading volume. Dogecoin's (DOGE) growing use case as a medium of exchange has also helped it.
Uwerx, an emerging crypto project, aims to revolutionize traditional freelancing using blockchain technology. Traditional freelance platforms like Upwork charge high fees, often stifling freelancers' growth and development.
Uwerx aims to disrupt the status quo with its flat 1% fee rate and core technological edge over its competitors. As a result, analysts predict that post-launch, millions of freelancers could adopt and rely on Uwerx. However, its pumping presale performance could outperform established assets like Litecoin (LTC) and Dogecoin (DOGE).
Already audited by InterFi Network and SolidProof to ensure maximum security, Uwerx launched its ICO some weeks back. The project initially intended to offer 300 million WERX tokens of its 750 million total supply.
However, with massive investor interest in its presale stage 1 and 2, the Uwerx team streamlined and optimized its tokenomics structure. Presale allocation shot up to 427,500,000, representing 57% of the total supply.
This is evident in the presale stage four as allocation increased from 60 million WERX to 77.5 million WERX. Furthermore, a new presale stage 5 with a 72.5 million WERX token allocation has been added to the roadmap.
Furthermore, other allocations were adjusted:
But the biggest news was its price update. From May 6th, Uwerx's presale price increased to $0.012/WERX. This is a 140% increase from its $0.005 starting price in less than eight weeks. The WERX price further increased to $0.0225 by May 10th 2023. This will represent an 88% and 350% rise from the current price and presale starting price, respectively. As a result of these modifications, the launch price was also revised. The new launch price is now $0.095—$0.115. An increase from its previous $0.09—$0.11.
The Uwerx team will establish a 25-year lock period on the developers' liquidity tokens post-presale. They intend to reassure investors of the safety of their funds. They will also renounce the project's smart contracts ownership once Uwerx is ready to be listed on centralized exchanges to reinforce security and enhance decentralization.
Uwerx is already demonstrating outstanding performance in its presale and could be the next big thing to take the crypto market by storm. Uwerx has also been working on the Alpha version of its platform and has announced that it wil be released in a few days.
Join Presale: https://invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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