As we enter the second half of the year, investors are probably thinking about which cryptocurrencies have potential value for their investment portfolios. Among the rising options, Uwerx emerges as an excellent choice.
It will operate as a freelance platform, leveraging the power of the Polygon (MATIC) network, offering a wide range of benefits for both companies and independent workers.
In comparison, Litecoin (LTC) and Pepe (PEPE) may be less promising investments right now. This is why.
Litecoin (LTC) turns bullish as it anticipates another halving event. How long will that be?
Litecoin (LTC) is eagerly awaiting the upcoming halving event, which is expected to take place in August. During a Litecoin (LTC) halving, miner rewards for block processing on the network are reduced by 50%. This usually leads to coin scarcity and higher mining costs and can drive up the price.
Litecoin (LTC) halving events take place every four years, making them highly anticipated events. As previous halving events in 2015 and 2019 were followed by significant price increases, analysts and Litecoin (LTC) enthusiasts are excited about the upcoming August halving event.
Therefore, acceptance of the coin seems to be increasing as the halving approaches. Litecoin (LTC) is currently trading at USD 91.46, which is up 9.31% over the past week. Litecoin (LTC) addresses have also skyrocketed. According to a data report from InTheBlock, as many as 8.5 million addresses had balances.
This reinforces the feeling that the market is mostly bullish on Litecoin (LTC) thanks to the impending halving. However, it is uncertain whether this bullish sentiment will continue into the fourth quarter of 2023.
Pepe (PEPE) seems to have lost its previous momentum
The frog-themed meme coin, Pepe (PEPE), experienced dramatic growth a few months ago. While Pepe (PEPE) has previously generated significant profits for early crypto investors, the recent price trend is downward. It is currently trading at USD 0.00000126, indicating a 2.33% decline in the last 24 hours. This price also represents a drop of 8.68% over the past week.
Consequently, many crypto traders are concerned that the meme token has lost momentum. While some analysts believe that Pepe (PEPE) may still rise a bit before the year is out, it’s unlikely as the meme coin offers no practical use case to meet demand.
Uwerx (WERX) can outperform obsolete cryptos
As the Uwerx token presale continues to soar to unprecedented heights, surpassing even the most ambitious forecasts, investors continue to monitor the progress of the freelancing platform’s development and token sales.
Notably, in response to growing demand, the price of Uwerx tokens will rise from $0.0315 to $0.041 on Friday, June 2 at 15:00 UTC. Consequently, the Uwerx team increased the presale token allocation to 57% (427,500,000 tokens). It also reduced the team’s token allocation from 8% to 7% to maximize user benefits.
In addition, 98.2% of the Uwerx community just voted for a test airdrop, which will help the Uwerx team verify that all token holders have entered their correct receiving wallet addresses.
In addition, Uwerx integrated a Vault system with functions similar to staking. It allows users to store their tokens for a desired period of time in exchange for interest. It will also drive more user engagement on the platform.
On the security side, Uwerx received audit approval from SolidProof and InterFi Network long before pre-sale began. Additionally, 82.8% of the community voted for an immediate freeze on developer liquidity, and in response, the Uwerx team pledged to implement it next week. This was to prove the transparency and long-term viability of the project. The team also pledged to relinquish all ownership of smart contracts after listing WERX on centralized exchanges.
The alpha version of Uwerx is already out, with a landing page, login page, login/login page, forgot password, and a freelancer or client initiation page. Other features include the first step of job creation and first step of finding talent, My Activities page, hiring dashboard page, and job creation pages.
Meanwhile, the beta version will be available for user interaction soon. They can also send their feedback to the Uwerx team at [email protected].
While Litecoin (LTC) and Pepe (PEPE) have had their fair share of the spotlight, we believe Uwerx is the better investment in 2023. According to Forbes, the number of US freelancers has seen consistent annual growth of at least 2 million since 2017, with 73.3 million Americans doing freelance work in 2023. Analysts thus expect the value of the WERX token to hit $2.7 in the fourth quarter of 2023.
Uwerx has also gained popularity due to the developers’ agile methodology approach. This strategy helped them execute the project in phases and make significant improvements over time. Therefore, the Uwerx team has increased the launch price of WERX from $0.09 – $0.11 to $0.095 – $0.115 to reflect the long-term vision of the project and ensure its steady valuation.
Don’t miss this opportunity to be a part of the future of freelancing. Join the Uwerx presale to enjoy the 15% purchase bonus.
Visit these links to learn more about Uwerx: