The new project, Uwerx, has caught the attention of crypto whales due to its impressive presale. It has smashed through its first, second, and third presale stages, leaving traders stunned and developers proud.
This article will explore the features of Uwerx that make it so wanted by investors. But first, we shall discuss the latest news on Tron (TRX) and EOS (EOS).
Are Tron (TRX) Holders Scared Of The Future?
The lawsuit against Justin Sun, the former CEO of Tron (TRX), by the U.S. Securities and Exchange Commission (SEC) raised a big question mark on the future of Tron (TRX). Sun was charged for trading Tron (TRX) without registering them as securities. This left Tron (TRX) holders concerned.
On May 11, 2023, Sun tweeted that he would actively begin trading meme coins. He also added that he is only trading for fun and will personally bear all potential losses from these trades and would donate all profits to charity.
This new development is coming just days after controversy arose from discovering that a TrueUSD wallet connected to Justin Sun had transferred over $56 million worth of TrueUSD (TUSD) to Binance. As expected, Tron (TRX) investors began to sell their Tron (TRX).
Sun later clarified that he made the deposit to level the price difference of TUSD and not to take part in activities in related exchanges.
As of this writing, Tron (TRX) trades at $0.069, representing a -1.87% decrease from the last seven days.
How Is EOS (EOS) Doing In The Coin Market?
EOS (EOS) recently launched the EOS EVM, which helps users bridge between EOS (EOS) and Ethereum (ETH). These innovations, coupled with the support from its community, have kept EOS (EOS) afloat in the ever-evolving coin market. This support from its community was needed because, despite EOS’s (EOS) release of the Antelope Leap v4.0.0 on April 25, 2023, the coin still struggled to compete with other coins.
While EOS (EOS) holders hoped the coin would rise to at least $3, the coin failed to reach that benchmark. EOS (EOS) is trading at $0.87, representing a -14.64% decrease in the last seven days.
Despite this fall, traders believe that with more network upgrades, grant programs, and interoperability with other blockchains, EOS (EOS) could get back on track to succeed in the coin market. Additionally, reports indicate that the EOS (EOS) network has been experiencing an increase in daily transactions. This suggests that EOS (EOS) should not be counted out just yet.
Uwerx (WERX) Presale Keeps Climbing
Blockchain technology has greatly impacted many industries and businesses since its introduction. That is why many developers who understand how much of an impact blockchain technology can make in any industry are introducing it to various industries.
Very soon, the freelance industry will welcome a blockchain-powered freelance platform that will revolutionalize the industry.
This new project, Uwerx, will bring the wonders of blockchain technology into freelancing. It will come with features that will make it outshine the competition.
Uwerx will solve issues that have plagued the freelance industry for a long time. From pending payments, lack of transparency in pricing, high fees, etc., Uwerx will be coming to solve them all. It will offer fast payments, decentralization, higher transparency, and very low fees. Unlike other freelance platforms that charge a 20% transaction fee, Uwerx will charge only 1%.
For an ever-growing industry like the freelance industry, these innovations by Uwerx are long overdue. As expected, investors are always careful when choosing a coin to invest in because of the safety of their funds.
Uwerx developers have used a three-way approach to ensure the safety of their investors’ funds. Firstly, Uwerx passed audits from SolidProof and InterFi Network before the presale started. Secondly, the team has established a 25-year liquidity locking period on developers’ tokens. And thirdly, they will be renouncing smart contract ownership of Uwerx when the project is ready for centralized exchanges.
The team had planned to activate the 25-year lock after the presale ends, but after 82.8% of the community favored that the tokens are locked before the end of the presale, the team has decided to do so at a soon-to-be-announced date.
This ongoing Uwerx presale has been exceptional. The project has scaled through three presale stages in record time. Currently in its fourth presale stage, Uwerx is still impressive, leading to increased investor demand.
To compensate for this high demand, Uwerx has increased the number of WERX token presale allocations from 45% to 57%. This means that, of the 750,000,000 total supply, which had 300,000,000 tokens available for presale, there are now 427,500,000 WERX tokens available. The Uwerx team has also increased the launch price to $0.095 – $0.115 and reduced the founding members’ token allocation from 8% to 7%.
Uwerx is currently in the fourth stage of the presale and trading at $0.0315. There is a 20% bonus for every purchase. This stage has 77,500,000 WERX tokens allocated, while the new stage five has 72,500,000 WERX tokens available. Despite the change in token allocation, the team states that the Uwerx presale will still end on July 31, 2023.
Since 98.2% of the Uwerx community have expressed their desire for a Test Airdrop, the Uwerx team has decided to do the Airdrop to help users verify that they have entered the correct Receiving Wallet Address.
The team has also announced the Uwerx Vault, an innovative feature that offers users a place to save their tokens.
Due to the advantages that Uwerx offers freelancers and users, experts believe it can likely reach $3 within Q2 2024. With the price increase and bonus reduction imminent, we believe now is an excellent time for you to buy. Learn more about Uwerx and join the ongoing presale 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
