Investors Scramble To Uwerx (WERX) As Market Stalls

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Investors Scramble To Uwerx (WERX) As Market Stalls
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Ever since the crypto market entered the bearish scenario in 2022, traders have faced disappointments as the price runoff cooled for many coins. Hunting the next golden goose became ever so difficult as major coins faltered and altcoins jumped up and down. This was further affected by the collapse of Luna Network and the FTX implosion.

Even now, with half of 2023 gone, the market seems to be stalling again. Yet, Uwerx seems to be an exception as its presale ($0.05645 per WERX) keeps attracting people. Investors show confidence that the decentralized freelancing platform can grow.

Waning Cryptos in 2023

Like it or not, the alternative financial system that is the crypto market is affected by the traditional one. When economies slow, investors get jittery and pull out, even from cryptos. With many economies still struggling from the aftereffects of the global lockdown a few years ago, it has its influence felt in the digital asset market.

If that weren’t enough, the United States SEC is starting to spread its wings. First, it was only XRP (XRP), but recently, it has identified several tokens that it says come under the securities classification. This further pulled back the market as holders shed their assets in anticipation of falling prices.

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Followed up with tightening regulations have become a noose for many crypto projects lately, with some major centralized exchanges pulling out of different markets. 

In the latest developments, the Federal Open Market’s Committee (FOMC) meeting minutes and Jobless Claims report were made public within the span of a day. With both expected to show data in red (which eventually did show better than expected stats) this month, the market further dumped in anticipation.

Uwerx (WERX) Will Run on Freelance Market, Not Crypto Anticipation

A decentralized project in the works, Uwerx is breaking the status quo and building a crypto project that relies not on speculation, but on the firm grounds of the global freelancing market.

True, it is a crypto project and carries its own WERX token that will act as a medium of exchange, but its price will be driven by what the project will bring to the freelancing market, a $455 billion industry.

Using the power of blockchain and active user feedback, Uwerx will be drastically reducing several pain points freelancers face today. Its arsenal of productivity and management tools will allow gig workers to enhance their services, work efficiently and communicate without hitches with their clients.

Using smart contracts and WERX, the platform will do away with middlemen, not only reducing the time taken for projects to be submitted and approved but also reducing intermediary costs – driving them down to 5%, one of the lowest in the freelancing industry.

Combined with a dual code audit (InterFi Network and SolidProof), a 25-year liquidity lock, and ownership renouncement by the developers, Uwerx places itself in the strongest position in the freelancing world.

Uwerx (WERX) Presale Keeps Registering Users

With strong fundamentals that will help freelancers take charge of their careers, coupled with a deflationary crypto token that has a lot of upside potential, Uwerx has already attracted thousands of participants in its token presale.

To celebrate Uwerx, there is a special promotion for WERX purchases. Currently priced at $0.05645, customers can enjoy an additional bonus of 12.50% on top of the existing 15% bonus. This limited-time offer will expire today at 23:59 UTC. Grab the opportunity now!

Uwerx offers a unique opportunity at this juncture for freelancers.  Built from scratch to be efficient, smooth, and user-friendly and paired with the power of decentralization.

You can also be a part of this journey by checking out the links below:Presale | Telegram | Twitter | Website

Disclaimer

This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content.

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