The cryptocurrency market has been fluctuating since the SEC crackdown this year. Tokens like Polygon (MATIC) that were listed as securities have dropped in value, with exchanges even removing some of them from their platform.
Meanwhile, the project Uwerx has continued to elicit praise from crypto analysts as it rises, translating to increased adoption. Read on as we explore the innovative features behind Uwerx’s presale success and find out how the SEC suit has affected Polygon (MATIC)
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Polygon (MATIC) Trades Lower Than Last Month
Polygon (MATIC) is selling for $0.67. This price is a good increase of 3.84% in the last 24hrs. This current price is an 11.22% rise in the last seven days. Despite the recent gains, Polygon (MATIC) is down by -43.31% in the last month.
The project has not reached its average trading price of May. Analysts are optimistic that when the SEC suit blows off, Polygon (MATIC) could reach a minimum value of $1.06 in 2024.
Crypto Exchanges Prepare To Delist Polygon (MATIC)
In the wake of the SEC designations of Polygon (MATIC) as a security, some U.S.-based exchange platforms have announced their plans to delist the project.
The first news came from Robinhood. The financial service platform announced that it would stop trading Polygon (MATIC) in its platform on June 27, 2023.
They stated that based on the latest review of coins in their platform, they decided to end support for Polygon (MATIC) alongside Cardano (ADA) and Solana (SOL). They also urged holders of these coins to withdraw or sell them before the deadline.
Less than a week after Robinhood announced its plan to delist Polygon (MATIC), Bakkt, a New York Stock Exchange, announced that it would also be delisting Polygon (MATIC) from its platform. They explained that this decision was made due to regulatory uncertainty.
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Uwerx (WERX) Keeps Getting Better
Uwerx’s ongoing presale has skyrocketed, exceeding initial anticipations by its developers. The project is now in the fifth presale stage and selling off quickly. Due to investors’ high demand for WERX tokens, the development team boosted the token allocation to accommodate more users.
They increased the number of tokens to 427.5 million tokens. This represents 57% of the total WERX supply of 750 million tokens. They also increased the project’s launch price to $0.095 – $0.115. As demand for WERX tokens rose, the value of the project rose too. WERX tokens started trading at $0.005 but now sell for $0.041. This translates to huge profits for early investors. New investors will still make huge gains as the project offers a 15% purchase bonus.
How did Uwerx gain such success in a short time? The project’s presale success was only possible because of its developers’ agile methodology approach. This allowed them to release the project in stages and continually improve it after each release.
Uwerx’s (WERX) Features Could Make It A Prominent Project
By leveraging blockchain technology to bring decentralization, a 1% service fee, transparency, and more to the freelance sector, Uwerx aims to disrupt the sector and become the prime platform. Experts believe its features are enough to make it topple top freelance platforms like Upwork and Fiverr.
With Velocity Global reporting that about 48% of new freelancers consider freelancing as their long-term career path, experts already see the freelance platform attaining widespread adoption in the coin market.
As a platform dedicated to safeguarding its investors’ funds, Uwerx has passed audit approvals from InterFi Network and SolidProof before the presale. Additionally, the development team started a 9-month lock on their share of WERX tokens on June 7. They will also relinquish ownership of the smart contract when the project launches on centralized exchanges. With these security measures, investors are assured of the platform’s safety.
To underscore their commitment to transparency, the development team slashed their token share to 7%. The team also takes the community along in the decision-making process. They showed this by agreeing to a test airdrop after 98.2% of the community voted for it. The team believes it will ensure users have the correct receiving wallet addresses. The June 7 lock of developers’ tokens was also decided by 82.4% of the community.
Interestingly, a new feature called the Uwerx Vault was introduced to the platform in April. This feature allows users to save WERX tokens and earn passively from them. These moves by the developers have raised followers for the project. It has amassed over 6,953 sign-ups, 1,652 Twitter followers, and 1,825 Telegram members, which experts see as a sign of great earning potential.
The amazing project recently launched its Alpha version with some important features. These features include the Signup, Landing, Forgot Password, Sign In, Client Initiation, and Freelancer pages.
The version also has the Initial Step of Finding Talent page, Job Creation Process, Initial Step of Job Creation, Hiring Dashboard, and My Activity Pages. The Uwerx team plans to transition to the Beta version, where users can test the platform.
The team is open to feedback and urges users to send them to feedback@uwerx.network.
They have already shown that they listen to user recommendations by redesigning and adding new pages to the Alpha version, as suggested by users. The features enhanced or added include Application Boosting, Settings, Milestones, Freelancer Profile Creation, and Job Application Pages.
They also condensed the freelancer application page into a single page. They plan to dedicate more time to enhancing other sections, including the Tools, Freelancer Dashboard, and Client Dashboard. As a result, the team urges users to continue sending feedback.
Analysts believe that Uwerx’s features have set the project on a bullish trend and see the price rise to $2.7 by December 2023.
Since the project is making tons of profits for its investors daily, more investors are rushing to become WERX holders, and you should become one too. Join the presale now for a 15% purchase bonus by using these links:
Consider participating in the presale at the current price of $0.0415, as it is expected to rise to $0.047725. To take advantage of the anticipated yield, it is recommended to place your orders before Wednesday 28th, 18:00. Orders placed after this time will be processed at the corresponding price.
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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