With the crypto market falling to new lows, with even the largest crypto tokens have taken a beating. Well-established tokens like Uniswap (UNI) and Enjin (ENJ) have not been spared from the carnage.
But one startup called Uwerx is negating the bear market and is poised to get a massive pump on its upcoming ICO.
DEXs Slowing Down, Uniswap (UNI) Slipping
Making AMMs popular, Uniswap (UNI) is the largest DEX and has a trading volume above $327.8 million across four versions. 2021 was particularly good for Uniswap (UNI), with it crossing the $43 price tag. But 2022 has seen a massive downturn as it continued slipping and the year closing price at just $5.09 has since moved $5.87.
The downtrend for Uniswap (UNI) is expected to continue well into 2023 as the overall crypto market further declines. Additions such as more trade pairs and even a fiat-based buy option through bank transfers and cards don’t seem to have much positive impact on Uniswap (UNI)’s price.
Worse still, Uniswap (UNI) is also facing a lot of issues with phishing platforms posing as the real DEX and using malicious smart contracts to drain unsuspecting traders.
Enjin (ENJ) Keeps Disappointing Investors
Enjin (ENJ) is another mature platform that has had a dismissal performance in 2022. The project allows game developers to tokenize their gaming assets, giving these real-world value. Put in the ability to connect with metaverse and Enjin (ENJ) is a solid project.
However, the gaming rage is slowing down and even though the metaverse is expected to be a major industry, it is also highly dependent on the gaming and crypto market. With both slowing down and increased competition, Enjin (ENJ) has been bleeding all year. For many, this is a disappointment.
Enjin (ENJ) may even have more hopes to dash as some market experts predict 2023 to bring more downfall. Though Enjin (ENJ) may survive the worst, it will fall far below its current $0.44 price tag. Perhaps even in the single-cent range.
Uwerx (WERX) is Poised to show Resilience in a Volatile Market
A revolution in the freelancing market, Uwerx is launching to disrupt the $4 billion market. Thanks to using blockchain, it offers a much better experience than its mainstream competitors. Take one simple feature into consideration: a 5% fee instead of an average industry standard of 20%. The tax will be slashed to zero in the future as the team will eventually renounce ownership and handover the control to its freelancing community.
But it’s not all about fees and better services. Uwerx’s tokenomics ensure a sustained value on top of its insanely predicted 24,900% gains from its launching price of $0.005 to an expected $2.5 in Q4 2023.
As any investor knows, early investing in strong projects is key for gains and as such, Uwerx presents an excellent opportunity – investors should follow the links below to get a share of the ongoing presale and a 25% bonus:
Website: www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
