While BNB And Arbitrum Fluctuate, Analysts Predict Positive Growth For Uwerx

Within the past few months, major cryptocurrencies like BNB (BNB) and Arbitrum (ARB) have declined. They lost almost half of their all-time high prices. This is partly due to the ongoing wave of regulatory activities within the crypto market. 

But, all hope is not lost as Uwerx presents an excellent opportunity for long-term investors with its ongoing presale. Due to the massive interest in the innovative project, its presale is now in its 5th stage and will soon enter the 5th stage.

While BNB (BNB) and Arbitrum (ARB) try to recover, analysts have positive things to say about the future of Uwerx. Continue reading to find out.

BNB (BNB) Faces Resistance At $315

According to the current price analysis for Binance’s native token, the BNB price action found support at the $308 mark. While the token previously traded at the bullish price of $315, its price action still faces bearish pressure as the bulls face rejection at the $315 mark. 

Over the past 24 hours, BNB lost its value by -1.95%. Thus, the token is currently in a bearish rally. Meanwhile, it increased by 0.64% over the past week. Experts predict the token to observe a sideways movement at its current price level before the price action continues downward. They also expect BNB to move into a bullish position later in the year to close at a maximum price of $446.61.

The long-term positive outlook for BNB is reinforced as Binance prepares to welcome new projects on its blockchain. 

Arbitrum (ARB) Investors Hope For A Better Upward Trend

Arbitrum (ARB) is a Layer-2 scaling solution for Ethereum that aims to improve the network’s performance and speed while reducing transaction costs. 

In the last 7 days, it has increased by 8.08% in its value. However, after its boom, the token is facing price reductions. At the time of writing, Arbitrum’s (ARB) price is at $1.16 and down by -3.76% in the past 24 hours. However, its community can expect positive changes soon. 

Arbitrum (ARB) recently announced its new decentralized autonomous organization (DAO) revenue mechanism on Twitter. Through this mechanism, token holders can benefit from accumulated excess fees. It will distribute 3,352 ETH, worth over $6 million, to its DAO as part of the rewards generated through fees. 

The transaction fee on the Arbitrum One network consists of two units – L1 and L2. The former covers the cost of posting transactions on the Ethereum network, while the latter covers using resources on the Arbitrum network. 

It will also establish a revenue distribution mechanism, achieved through triggering a smart contract periodically, ensuring timely rewards distribution.

While the recent decline in its’s price may cause concern for traders, Arbitrum’s (ARB) new DAO revenue mechanism could usher in positive changes. Analysts expect the ARB token to end 2023 at $$1.63.

Uwerx (WERX) Is Ready To Explode

The upcoming crypto project, Uwerx, has set its sights on disrupting the freelance industry. With analysts forecasting a valuation between $2.00 and $2.50 by Q4 2023, Uwerx could become one of the most outstanding presales this year.

This success is birthed by the agile methodology approach the developers adopted. It enabled them to release the project in batches and make improvements. Consequently, the project already boasts 5,000 sign-ups so far. But why is Uwerx unique?

Uwerx is bringing the gig economy to crypto enthusiasts. It features significantly lower transaction fees (1% vs. 15% at Upwork and Fiverr), improved data security, and transparency. It also presents crypto investors with access to the billion-dollar gig economy. 

It builds on Polygon (MATIC) and has an ERC-20 native token, WERX, with a 750 million token supply. The token is now selling at $0.041 with prospects of increasing. Therefore, the team has adjusted the presale token allocation from 45% to 57% to accommodate more buyers. 

Uwerx is well secured and proved its legitimacy by obtaining audit approval from SolidProof and InterFi Network prior to its presale. Its development team also plans to renounce all smart contract ownership following WERX listing on centralized exchanges. 

In addition, the team has reduced its token allocation from 8% to 7% to assure investors of their commitment. They also plan to lock their assets for 25 years. The lock-in period will begin sometime during presales, as 82.8% of the community supported the move.

Token holders are also not left out as Uwerx provided its innovative Vault, where they can earn interest by storing their assets safely. This feature is similar to staking and creating to enhance user engagement.

Furthermore, token holders will soon receive a test airdrop as voted by 98.2% of the community. This would ensure every token holder correctly entered their receiving wallet addresses. 

While BNB (BNB) and Arbitrum (ARB) are battling intense regulations, Uwerx is ready to prove its real-world utility as it released its Alpha version today, 19 May. This version already features a Landing page. Meanwhile, more parts of the platform, like a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more, will be released on a weekly/bi-weekly basis. 

In addition, the current version will soon give way to the Beta version, where users can test its performance. The Uwerx team expects and welcomes all feedback and recommendations through the dedicated feedback email, feedback@uwerx.network.

Thus, Uwerx investors have an opportunity to join a potential future blue chip project at its initial stage. Due to this belief, the team increased the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115. Join the presale now and enjoy the 20% purchase bonus before it decreases with the rising presale price. The links below will give you more updates and information.

Presale | Telegram | Twitter | Website