Cryptocurrency

Wyre Shuts Down But Uwerx, Blur, and JasmyCoin Avoid Hit

Shiva Ganesh

In a surprising turn of events, Wyre, a prominent entity in the crypto space, has announced its shutdown.

However, amidst this development, three other platforms—Uwerx, Blur (BLUR), and JasmyCoin (JASMY)—have successfully evaded any adverse impact.

This article delves into the details surrounding Wyre's closure and explores the resilience displayed by Uwerx, Blur (BLUR), and JasmyCoin (JASMY) in navigating the ever-changing crypto landscape.

Why Wyre Decided to Cease Operations

As earlier said, Wyre, a prominent cryptocurrency payments company, has made the difficult choice to cease its operations. The firm has encountered a series of obstacles since 2023, primarily stemming from the unpredictable nature of the digital asset market.

This strategic measure has been taken to prioritize the best interests of our esteemed stakeholders and customers. It is important to note that this decision is independent of any regulatory hurdles, including the US SEC crackdown.

To ensure a smooth transition, Wyre has set a deadline of July 14 for clients to withdraw their assets through the user-friendly dashboard.

How Uwerx (WERX) Avoids Hits from Market Volatility

Uwerx is a dynamic crypto that has avoided the detrimental effects of current market volatility. This creative idea has demonstrated incredible tenacity, capturing the attention of cryptocurrency enthusiasts. Uwerx is hosting a Test Airdrop as the presale concludes on July 31st, allowing users to experience the platform's unique benefits personally.

Uwerx proves its dedication to reliability and openness by securing project liquidity for an astonishing 25 years. Furthermore, the Uwerx team's tokens have been locked for 9 months for limited coin movement.

Uwerx offers a substantially lower transaction charge of only 1%, a huge improvement above Upwork's 10% and Fiverr's 20%.  Uwerx accomplished a significant milestone by accomplishing presale stages 1–4 in record time, demonstrating the community's tremendous interest and demand. Uwerx has undergone thorough audits by industry leaders SolidProof and InterFi Network. These audits certify the security of the platform.

Uwerx has officially listed on CoinSniper and is scheduled to list on Uniswap on August 1st. These listings improve accessibility and liquidity, allowing users to participate more easily in the Uwerx ecosystem. Uwerx has unveiled its Alpha platform, showcasing essential features. The Alpha platform is a precursor to the upcoming Beta version, which will introduce additional enhancements and improvements. Uwerx values user feedback and encourages users to share their thoughts and suggestions via email at feedback@uwerx.network.

JasmyCoin (JASMY) Avoids Market Hits Through Partnerships

JasmyCoin (JASMY) is a blockchain platform focusing on data security and sharing services in the IoT era. Recently, NOWPayments integrated JasmyCoin (JASMY) into its payment gateway, enabling businesses to accept JasmyCoin (JASMY) as a form of payment.

This partnership is significant for both JasmyCoin (JASMY) and the Japanese business community and has improved its value in the market, making it reliable.

JasmyCoin (JASMY) is currently priced at $0.004276 with a 24-hour trading volume of $45,430,112. It is ranked #129 on CoinMarketCap with a market cap of $203,743,012.

Minimizing the Impact of Market Volatility With Blur (BLUR)

Blur (BLUR) is an innovative community-driven NFT marketplace that offers a commission-free platform for selling NFTs.

In a recent announcement, Blur (BLUR) has implemented a positive change for users by reducing the waiting time required after transfers before they can accept bids. Previously, users had to wait for one hour, but starting from the 19th of June 2023, the waiting time will be reduced to 30 minutes.

As for the current market performance, Blur (BLUR) is currently trading at $0.374876, showing a slight decline of 0.56% in the last 24 hours. Blur (BLUR) has seen significant trading activity, with a 24-hour trading volume of $36,138,473.

With a market cap of $264,359,447, Blur (BLUR) holds the #109 ranking on CoinMarketCap. Experts predict Blur (BLUR) will reach $1 by Q3 2024.

Join Uwerx (WERX)'s Presale Today!

The presale is currently in Stage 5, with each token priced at $0.047725 and offering a generous 15% bonus on all purchases. Uwerx's future looks promising, with predictions indicating a price of $1.45 by Q3-Q4 2023 and a projected price of $2.73 by Q1-Q2 2024.

These projections make Uwerx a better investment choice than Blur (BLUR) and JasmyCoin (JASMY).

Take advantage of the 15% bonus and be part of the future of freelancing:

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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