Many crypto traders find it challenging to master the cryptocurrency market, especially when it concerns choosing the right project to invest in. This is due to the ever-changing market, which has many projects with different features.
The ongoing SEC regulations have not made it easier either. It has left investors uncertain of the market’s future. However, the new project, Uwerx, is growing rapidly despite the current market uncertainty, and experts have taken note.
Keep reading to discover why analysts believe that Uwerx will bring investors the most profit in 2023. But first, we shall explore the latest happenings with Chainlink (LINK) and Litecoin (LTC).
Chainlink (LINK) Is Still Down
Chainlink (LINK) has not increased in value in the past seven days. The project has fallen by -0.17% to settle at $5.31. LINK holders believe that since many large banks look to create more advanced applications on-chain, Chainlink (LINK) may be poised for a significant price increase. The project currently ranks #23 in the coin market, and expert analysis put its maximum price in 2024 at $10.67.
Chainlink’s (LINK) Flow To the Future Enters Season 2
Chainlink (LINK) is a decentralized oracle network based on the Ethereum blockchain that uses blockchain technology to facilitate secure connections between blockchain platforms and non-blockchain enterprises.
On June 6, Chainlink (LINK) announced it was collaborating with Swift, an interbank messaging system, and more than twelve other financial institutions on experiments to enable connectivity across public and private blockchains.
Chainlink (LINK) will provide connectivity in this experiment. If it is successful, it could translate to a spike in Chainlink (LINK) adoption and a significant price increase for the project.
Chainlink (LINK) holders were left concerned when the project sent 21 million tokens out of its non-circulating supply to Binance on June 16. They feared that the project would fall to selling pressure as such actions usually indicate a motive to sell off tokens.
However, Chainlink (LINK) clarified that the token transfer was not done to dump on its community but to cover its coordinator’s fees, node operators, and stalkers. Following the success of the first season of FlowtotheFuture Hackathon, Chainlink (LINK) announced on June 19 that the second season has kicked off.
These developments set Chainlink (LINK) up for gains in the future.
Litecoin (LTC) Is Still Behind Its Previous Month’s Price
Although Litecoin (LTC) recorded a 5.63% increase in the last 24hrs, the cryptocurrency is still behind its average price in May. Litecoin’s (LTC) current price of $81.91 is an 18.344% decrease from the last 30 days.
While its holders expect the halving event to push the value upwards, analysts do not see it reaching its May price soon. They predict the cryptocurrency to trade at an average price of $131.92 in 2024.
Litecoin (LTC) Records 55% Increase In Daily Addresses
Sometimes described as” Bitcoin lite, Litecoin (LTC) is a crypto project that leverages blockchain technology to enable the instant, secure, and low-cost exchange of value. Since joining the coin market in 2011, Litecoin (LTC) has stayed relevant with a strong community behind it.
As Litecoin (LTC) draws closer to its highly anticipated halving event, traders believe the project may be gearing up for a bullish run. This is especially noticed in the number of new daily addresses on the network.
IntoTheBlock, an on-chain data aggregator, posted on Twitter on June 19 that the Litecoin (LTC) network experienced a 55% increase in new addresses in the last seven days. It also added that the network saw an increase of 28% in daily active addresses.
This new milestone has seen Litecoin (LTC) surpass Ethereum (ETH) in total addresses. Traders believe this significant rise in new addresses is influenced by the upcoming Litecoin (LTC) halving.
Uwerx (WERX) Offers More Gains To Investors
Early investors in the Uwerx presale are confident they have made massive gains. The project is in the fifth presale stage, and its presale performance has been top-par so far. The project outsold its developer’s expectations such that they had to make changes to compensate for the growing community.
They increased the number of tokens available for presale to 427.5 million out of the total token supply of 750 million. They also increased the project’s launch price to $0.095 – $0.115. The project’s presale success is primarily due to its developers’ agile methodology approach. The approach allowed them to improve the project with each phase release.
WERX tokens sell for $0.047725, a significantly low price when you consider that analysts predict it to surpass $2.4 by the end of 2023. The project also offers a 15% purchase bonus, making now the perfect time to invest in the project.
WERX Will Top The Gig Economy
A 2022 Forbes report says that over 73% of tech companies have freelancers on their payroll. This has translated to the freelance industry booming with each coming month. Experts believe this percentage will rise soon because the freelance industry is growing significantly. The new project, Uwerx, is positioned to be a big part of this growing industry.
To achieve this feat, the project offers freelancers decentralization with smart contracts, low transaction fees (1%), transparent pricing, personalized matching, and more. These features excite freelancers about the project, and they anxiously wait for it to launch into the coin market.
The freelance project has already set up measures to protect investors’ funds and showcase its authenticity. Its development team has placed an asset lock for the next nine months as a way to prevent rug pull. The lock was performed on June 7, 2023, and voted for by 82.8% of the community.
The team also secured SolidProof and InterFi Network audit approvals for the project. This move assures investors of the project’s authenticity. In addition, the development team plans to forfeit ownership of all smart contracts after the WERX token joins centralized platforms.
To assure users of the project’s transparency and community spirit, the team decided on a test airdrop after 98.2% wanted it. The airdrop will be an excellent means to confirm that users submitted the right receiving wallet addresses. Another poll saw 82.4% of respondents decide on the June 7 lock of developer tokens.
About the WERX Vault
In addition, the team has introduced the Uwerx Vault, a feature that offers users a secure place to keep their tokens and earn interest. This concept is similar to staking and will reward users based on the platform variables. The team also reduced its token share to 7% to make more tokens available for new investors who want to join the ground-breaking presale.
Because of its features, Investors are rushing into the community. The project already has over 6,953 signups, 1,652 Twitter followers, and 1,825 Telegram members.
The team has revamped the Freelancer Job application process into a single page. Meanwhile, the team will enhance the upcoming Freelancer Dashboard, Client Dashboard, and Tools. Users can start testing the Beta version, which will be released soon. For now, they are urged to continue sending suggestions to the team.
With analysts predicting the project to surpass $2.4 by the end of this year, it will be smart to invest now.
The 15% purchase bonus is still on the table, so buy WERX tokens through the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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