The post Analysts Predict Uwerx (WERX) Might Outperform Dogecoin And Pepe In 2023. Here’s Why appeared first on Coinpedia Fintech News
Early investors in the Uwerx presale will enjoy huge profits as the WERX presale price has increased from $0.0225 to $0.0315. Also, token holders will soon receive a test airdrop to ensure they correctly entered their receiving wallet addresses as approved by 98.2% of the Uwerx community.
With its presale now in its 5th stage, analysts predict this top-performing crypto might outperform Dogecoin (DOGE) and Pepe (PEPE). Here’s why.
Uwerx (WERX) Now Has Its Alpha Version Released
Uwerx is an innovative crypto project with a niche in the freelance industry. It seeks to break the barriers facing freelancers on traditional freelance platforms like Upwork and Fiverr. It will offer a 1% platform fee and more incentives to encourage joining and active participation. It will also provide instant crypto payments and a token burn system to ensure the viability of its WERX native token.
The Uwerx Alpha version, which was released on May 19, currently features a Landing page and a Signup page. More features, like a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more, will be added to the platform weekly/bi-weekly.
Meanwhile, the current version will soon migrate to the Beta version, which users can interact with. In addition, users can send their reviews and recommendations to the Uwerx dedicated feedback email at [email protected].
Given its revolutionary offerings to freelancers, Uwerx is predicted to experience massive adoption within six months of its launch. As more people signup, the Uwerx team raised the presale token allocation from 45% to 57% to meet demand.
Furthermore, Uwerx received audit approval from SolidProof and InterFi Network long before the presale began. This adds to the legitimacy and security of the project. The Uwerx team will also renounce its smart contract ownership after listing WERX on centralized exchanges.
In addition, the developers will reduce their token allocation from 8% to 7% to show their commitment to the project. They will also lock their assets for 25 years sometime during the presale. This move was agreed upon by 82.8% of the Uwerx community.
Another innovative feature of Uwerx is its Vault system, where users can store their tokens in exchange for interest. This staking-like system is designed to encourage more engagement on the platform.
The Uwerx 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 making significant improvements over time. As a result, Uwerx could hit $2.50 by Q4 2023. The increased confidence has also spurred the Uwerx team to increase the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115.
Dogecoin (DOGE) Seems To Be Too Dependent On Elon Musk
Despite its good run within the past week, Dogecoin (DOGE) currently exchanges for $0.073. This price indicates a -0.16% decrease in value in the past 24 hours.
The most recent price pump for Dogecoin was in April when Elon Musk made the meme coin the logo of Twitter for about 24 hours. Its price hit the $0.1 mark as crypto whales were excited with the prospect of the coin having a utility on the social platform. However, this hope was fleeting.
This ongoing fluctuation in Dogecoin’s price suggests sustainability issues for DOGE. It highlights the need for real-life utility for cryptocurrencies. The meme coin evidently needs to attract more buyers during this bear trading session to sustain and have a shot at reverting to the $0.1 mark or even higher.
Although its price prediction indicates it might trade at $0.091 later this year, Dogecoin could possibly not make an impressive run anytime soon. While its supporters continue waiting for signals from Elon Musk, investors are capitalizing on the Uwerx presale for increased earnings in the near future.
Will Pepe (PEPE) Survive The Fierce Battle Amongst Other Memecoins?
Pepe (PEPE), as a meme coin, is primarily influenced by speculative traders. Moreover, its developers aimed to create a coin that could surpass the dog-themed meme coins that gained prominence with the support of Elon Musk. This indicates a constant battle for dominance with other meme coins that permeate the market.
Pepe has enjoyed its own share of popularity, gaining 107,000 holders and over a $1 billion market cap between late April and May 2023. Much of this growth was a result of multi-exchange listings. PEPE is now on Binance, Huobi, Gate.io, and OKX, among others.
However, the frog-themed meme coin has fallen to $0.00000157, representing an 8.17% loss in 24 hours and a 5.48% decline in the past week.
This recent fall reveals that Pepe relies heavily on decentralized and centralized exchange platforms, as experts believe another significant exchange listing would likely fuel a rally once more for the meme coin. Also, the community has been trying hard to persuade Coinbase to include the token on its platform, but with little success so far.
This reliance on new exchange listings suggests that Pepe may lack other compelling aspects, raising concerns about its sustainability in the near future.
The recent performance of Dogecoin and Pepe highlights their shortcomings. This has caused investors to seek out Uwerx, as its prediction indicates a better performance. Its real-world utility and successful presale also testify to its ability to multiply profits for early investors.
Join the thousands of people positioning for massive gains by entering the Uwerx presale using the links below. Enjoy the 15% purchase bonus on offer before it decreases with the next presale price increase. You could also enjoy a referral bonus which will be announced soon.