Uwerx (WERX) is preparing for its launch with an upcoming release of its Alpha version. As it draws closer to its final presale stage, sentiments concerning its next move are higher than ever.
Due to the last bearish cycle that rocked the market, there has been a notable decline in the demand for popular cryptocurrencies. This observation could mean buyers have lost faith in popular projects like ApeCoin (APE) and Stacks (STX).
It could also mean investors are looking for something new and different, like Uwerx. This transformative project is attracting the attention of some major investors in the market, which could mean a lot for some projects.
Stacks (STX): The Bitcoin Solution
Stacks (STX) is a support Layer-1 blockchain for Bitcoin (BTC) smart contracts, NFTs, dApps, and DeFi apps. Applications and smart contracts built on the Stacks (STX) blockchain are integrated with Bitcoin's stability, security, and capital features. The project aims to create individual decentralized internets where users can customize their smart contracts, and NFTs applications, thus increasing the leverage of Bitcoin (BTC).
Stacks (STX) has declined by 15.66% in the past seven days. According to analysts, the coin’s underperformance could be due to the slight decline in the global cryptocurrency market. Stacks (STX) had a total market cap of $869,300,178 and a current price value of $0.629. Although the project is trading below its all-time high, its community remains bullish.
The Stacks (STX) network provides scalability and secure contracts for Bitcoin's (BTC) smart contracts and applications through its consensus algorithm. It also uses its Proof-of-Transfer (POX) algorithm to link the Bitcoin (BTC) and Stacks (STX) blockchains together.
ApeCoin (APE): Web3’s Next Phase
On Monday 8th of May 2023, the ApeCoin (APE) network announced its brand partnership with Gucci. The global fashion brand will now accept APE tokens as payments for goods bought. This new partnership deal could provide much-needed media exposure to the Bored APE community.
ApeCoin (APE) has seen a 14.89% decline in the past seven days and might dive further by 3.63% in the next two days. This futuristic NFT project is currently trading at $3.22. It has a market cap of $1.1 billion. The ApeCoin (APE) community is currently working on a project that could expand Web3 events, entertainment, art, and gaming in its ecosystem.
In the ApeCoin (APE) ecosystem, a foundation called the APE Foundation facilitates and accommodates decentralized and community-based governance protocols. It steers the ecosystem's growth and development with the board's help. The APE board also oversees the foundation.
Uwerx (WERX) is Already Knocking on Stage Five
Uwerx believes blockchain technology is the answer to the issues in freelancing. According to reports, only 21% of the global freelance workforce earns $100,000 annually. Uwerx believes this percentage can increase, which is why it will launch as a transformative and innovative freelance blockchain-based platform that supports a global network of clients and talented professionals.
Uwerx has done spectacularly well in the past few months through a series of carefully planned campaigns. It has successfully funded its first, second, and third presale stages and is in the fourth one. Allocations for stage four were initially 60,000,000, but due to the level of success of previous stages, the team decided to increase allocations to 77,500,000 and open stage five. Stage five will have an allocation of 72.5 million tokens which might sell out before the end of the hard-cap presale.
The hard-cap presale will end on the 31st of July, 2023. As the project advances, the team has decided to make some changes to reflect the potential of Uwerx. These changes will include a reduction in bonus, a revised launch price, and increased presale allocation. The total tokens allocated for presale was 300,000,000 but were raised to 427,500,000. On May 10th, Uwerx went up in price and is currently valued at $0.0225.
The project’s Alpha version will launch next week. Also, Uwerx has received audit approvals from SolidProof and InterFi to enhance trust, security, transparency, verifiable stored data, and scalability. Uwerx aims to improve the freelance industry and attract more users to its platform through these values.
As a show of goodwill, the developers plan to lock their allocated liquidity for 25 years. They will also renounce their smart contract ownership when Uwerx lists on centralized exchanges. These features and benefits are aimed at strengthening investors' confidence in Uwerx. According to analysts, Uwerx might hit $1.12 by Q4 2023 and $1.91 by Q2 2024.
Despite the recent increase in price, Uwerx is still very affordable and cheaper than ApeCoin (APE) and Stacks (STX). You can join a fast-growing promising community by following the links below.