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The crypto space continues to move rapidly, and investors will likely miss golden opportunities if they do not stay up to date. Tron (TRX) has been struggling and lost value due to two key events; Huobi, a large centralized exchange where Justin Sun sits on the advisory board announcing layoffs, and the native stablecoin of the Tron (TRX) ecosystem USDD losing its peg. Crypto.com similarly announced a 20% reduction in staff, causing Cronos (CRO) to drop in value. However, Uwerx continues to pump as freelancing opportunities increase, and heading into 2023, Uwerx looks ready to outshine Tron (TRX) and Cronos (CRO).
Tron (TRX) is a Layer one blockchain that uses a designated proof of stake consensus mechanism to power huge throughput and offers some of the cheapest transaction fees in crypto. These low fees have driven Tron's (TRX) global adoption. However, USDD, the native stablecoin of the Tron (TRX) ecosystem, has lost its peg, and despite Justin Sun's best efforts, it cannot reclaim it. In addition, something unpleasant happens behind closed doors at Huobi, a centralized exchange purchased by Justin Sun, and these fears drive the price decline of Tron (TRX). Many also believe that Justin Sun has been selling Tron (TRX) to help stabilize USDD.
Cronos (CRO) is the utility token of Crypto.com and the base asset for the Cronos (CRO) blockchain. Crypto.com cited economic hurdles when announcing its layoff, reducing its headcount by 20%. This has caused severe sell pressure on Cronos (CRO), and with Crypto.com reducing the rewards that Cronos (CRO) holders are entitled to more and more of these Cronos (CRO) holders have begun offloading their bags. Analysts expect Cronos (CRO) to continue its free fall.
Uwerx has been rallying hard, and this is no surprise for senior crypto analysts. Uwerx will build the world's first decentralized freelancing platform and disrupt an industry that has stagnated regarding innovation. Despite the massive surge in the number of remote workers, the freelance economy has remained plagued with transactional bureaucracy, a lack of trust, and intermediaries charging extortionate fees.
Uwerx leverages blockchain technology to create a more secure and trusted platform and remove the intermediaries and their fees. By creating a new platform in a market where there has been no innovation, Uwerx has the potential to change the freelancing industry fundamentally. Crypto analysts believe this could be an opportunity to get into a future blue-chip cryptocurrency at an extremely good price (from its current price of $0.0065). Several analysts expect the WERX token to rally over 8,200% in 2023.
Uwerx poses the first technological challenge to traditional freelance platforms, and given its natural technological advantage over its competition, many expect Uwerx to become a hub for freelancers globally.
It is our belief that Uwerx holds great potential and is a worthwhile investment despite the inherent risks involved. This is due in part to the fact that it has successfully undergone audits by both InterFi Network and SolidProof, and the liquidity has been secured for a period of 25 years following the completion of the presale.
A disruptive protocol ready to tear through the rankings in 2023 – follow the links below to find out how you could be part of the action, the $5,000 competition and a 25% purchase bonus.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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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.
