As the crypto market is still recovering from the aftereffects of the 2022 crypto winter, many investors recognize the importance of having a project with real-world utility. Could this be why the newcomer, Uwerx, is making waves with its price prediction for 2023 and beyond? The presale project could hit $2.50 by the end of the year and $2.7 by Q1 2024.
Can trendsetters like Avalanche (AVAX) and Conflux (CFX) match this high performance displayed by Uwerx? Letโs find out.
Bears Reclaim Control Of Avalanche (AVAX)
Avalanche (AVAX) is the self-proclaimed “world’s fastest blockchain network.” Its AVAX native token is used for smart contracts, transactions, and staking. AVAX taken holders can also vote on the proposed changes to the network.
Avalanche (AVAX) has been performing inconsistently since 2023. It started the year with a high price of $22.71 but crashed to $13.94 in March due to the fall of the Silvergate Bank. The token may have recovered and was worth about $17.30 on April 3, 2023. Yet, it doesnโt seem to be completely out of the woods.
At present, it has fallen to $14.66, a -30.994% decline from last month. This price also shows a -0.59% decline in value in the past 7 days, indicating a bearish trend.
However, its price prediction signals it could be worth $22.12 by 2023 end. This price pump may be due to the steady growth in Avalancheโs (AVAX) subnet and NFT landscape, as reported by AMB crypto.
Will Conflux (CFX) Maintain Its Current Bull Run?
Conflux (CFX) is a Layer-1 network founded in 2018. It offers more efficiency to dApps, e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols. The network is also popular as the first regulatory-compliant public blockchain in China. Its CFX token provides incentives to miners and governance rights to its holders.
Conflux (CFX), in partnership with China Telecom, recently introduced the blockchain SIM (BSIM) card. This mobile user identification card, based on blockchain technology, has more storage space and computing power.
According to the developers, the BSIM card can also generate and store usersโ public and private keys. This feature enhances security and reduces the risk of malware and virus software attacks on usersโ mobile terminals.
2023 has been good to Conflux (CFX). Its CFT token has been a consistent top gainer in the crypto charts. It currently trades at $0.30, with an 18.64% increase within the past 7 days.
Its price prediction is also positive. With potential partnerships and other technological advancements planned by the Network, the token could increase to $0.32 by 2023 end.
Confluxโs (CFX) future prediction may be enticing. However, investors are backing the upcoming Uwerx project for both long-term and short-term profits. Hereโs why.
The Uwerx (WERX) Presale Is Currently Outpacing Major Cryptocurrencies
Uwerx is onto something big as it moves into the untapped freelance economy. It plans to unlock a new level of freelancing with decentralization, a 1% flat platform fee, improved security, and more incentives.
It will also provide a secure Vault where its WERX token holders can store their assets in return for interest. The Uwerx Vault offers staking features designed to keep users engaged on the platform.
With the rise in freelancers after the COVID-19 pandemic, analysts believe Uwerx will receive fast mainstream adoption upon launch.
With up to 5,000 sign-ups so far, the presale is in its the 5th stage. Its WERX token is going for $0.041 and could increase anytime due to the immense rise in demand. This sprouted more confidence in the Uwerx team as they increased the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115. The team also revised the presale token allocation from 45% to 57% due to the increased demand.
As investors are wary of fraudulent projects, Uwerx proves its legitimacy by obtaining audit approval from InterFi Network and SolidProof prior to the presale. It also reduced the developer token allocation from 8% to 7%. In addition, the developers will renounce their smart contract ownership after listing WERX on centralized exchanges. They’ll also lock in their allocated assets for 25 years.
While the initial plan for the lock-in period was to commence after the presale, 82.8% of the community voted for it to begin during the presale. Also, 98.2% of the Uwerx community voted for a test airdrop for all token holders to ensure they correctly entered their receiving wallet addresses.
Uwerx is ready to get the ball rolling, as the Alpha version of its platform launched today, featuring a Landing page and Sign-Up. Meanwhile, other new features, including a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more, will be released weekly/bi-weekly.
In addition, users can expect this current version to transition into the Beta version very soon. The Beta version will allow them to interact and test its performance. All recommendations and feedback can be sent to the Uwerx dedicated feedback email at [email protected].
While Avalanche (AVAX) and Conflux (CFX) indicate an overall increase in the long term, it is clear that Uwerx can do much better going by its price prediction. Analysts also hint its presale could be one of 2023โs best investment plays.
Uwerxโs presale has been a success, thanks to the agile methodology approach adopted by the developers. This has helped them release the project in stages while significantly improving over time.
If you missed out on Avalanche (AVAX) and Conflux (CFX), WERX is the perfect addition to your portfolio. Hurry now and join the presale before it ends on 31st July. Enjoy a 15% purchase bonus and a chance to earn maximum future gains. Note that the current bonus will decrease as the Uwerx presale price increases.
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