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The post Aptos vs Ethereum Classic Price Prediction. Will Uwerx (WERX) Be A Better Investment? appeared first on Coinpedia Fintech News
Projects with solid foundations and real-world use cases usually dominate the crypto market. Uwerx is a new project intending to be a part of this system and stand out amidst many digital currencies due to its unique features.
Will it become a better investment than Aptos (APT) and Ethereum Classic (ETC)? Let’s find out.
Have The Bears Taken Over Aptos (APT)?
Aptos (APT) is a Layer-1 blockchain platform famous for its fast transaction speeds and scalability. It aims to provide a better user experience using its Move programming language.
The Aptos coin, APT, supports staking and rewards stakes for their contributions to the network operations. It also allows its holders to vote on proposals that impact the blockchain’s future. The APT coin can also be traded on various crypto exchanges.
The price of Aptos (APT) declined following the Silvergate Bank’s collapse in March, but then trends changed, and the coin started to gain value. On June 2nd, Aptos (APT) broke through support levels at $8.46 to trade at the $8.99 mark. It gained 6% within 24 hours.
However, by June 3rd, the token renewed suppression from the bearish side. It currently trades at $8.08, indicating an 8.98% decrease within the last 24 hours. This price shows that Aptos (APT) has fallen far below the $8.51 support level.
Analysts expect Aptos (APT) to surpass the $10.00 milestone soon. But, if its price continues to fall, it could lead to a slight retracement as traders capitalize on their gains and adopt a cautious approach until additional signs of an upward trend are validated.
Ethereum Classic (ETC) Has Been Overwhelmed By The Bears
Ethereum Classic (ETC) emanated from Ethereum (ETH) following an attack on its blockchain in 2016. Since Ethereum Classic (ETC) seeks to maintain the original Proof-of-Work blockchain consensus, investors who share similar sentiments find it an excellent alternative to Ethereum (ETH). It is also attractive due to its less network congestion, cheaper fees, and limited supply of its native token.
Ethereum Classic (ETC) has been on a bearish momentum since April 14th after its price was rejected at the $23 resistance level. The coin has lost over 22% of its value. It has continued its bearish path within the past week, losing 6.66%. Its price sank as low as $17.10.
An impending factor of Ethereum Classic (ETC) could be its low trading volume, as analysts predict it could sink as low as $13 before 2023 ends. Cardano’sCardano’s (ADA) Founder, Charles Hoskinson, seemed to deal the final blow with his recent outburst on Twitter claiming that Ethereum Classic (ETC) is a “scam” project with “no roadmap, innovation, team, or vision.”
While Ethereum Classic (ETC) may appear enticing as an investment option due to its low price, other projects like Uweerx offer greater potential for profitability in the future due to their broader range of use cases and room for growth.
Why Investors Are Hyped About The Uwerx (WERX) Presale
The freelance gig is here to stay, courtesy of the economic recession and mass layoffs. The BBC reported that the number of gig workers in the UK multiplied between 2016 and 2021.
Uwerx presents an excellent opportunity for investors and freelancers as it plans to disrupt the gig economy with extremely low platform fees, higher incentives, copyright protection, and better transparency.
Its tremendous value has attracted thousands of investors to its ongoing presale, driving the Uwerx team to increase the presale token allocation from 45% to 57% (427,500,000 tokens). It also reduced the team’steam’s token allocation from 8% to 7% to maximize user benefits.
Furthermore, Uwerx has released its Alpha version and will soon transition into the Beta version, where users will interact with it upon its release.
For now, the Alpha version features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation page. Other pages, such as the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process, have also been released.
During the testing period, users can leave reviews and feedback for the team through a feedback email, feedback@uwerx.network.
As the Uwerx presale has neared the end of the final stage, the WERX token now trades at $0.05245. Meanwhile, the Uwerx team assures investors of the security and legitimacy of the project by opting to renounce all smart contract ownership after listing the WERX token on centralized exchanges.
In addition, the Uwerx team froze its assets for 25 years beginning on Wednesday, June 7th. This move was approved by 82.8% of the Uwerx community. 98.2% of the community also voted for a test airdrop to ensure all token holders correctly entered their receiving wallet addresses.
Moreover, Uwerx will provide a secure Vault where its WERX token holders can store their assets in return for interest. The Uwerx Vault offers staking features designed to encourage more engagement on the platform.
The Uwerx presale is progressing successfully thanks to the agile methodology approach adopted by its developers. This has helped them release the project in stages while significantly improving over time. They also got SolidProof and InterFi Network to audit the project even before the presale began. As a result, Uwerx is expected to hit $2.5 by Q4 2023.
Despite Aptos’ (APT) recent decline, it still shows a promising upward trajectory in 2023. Meanwhile, Ethereum Classic (ETC) prediction does not look as good as Aptos (APT). However, Uwerx, with its unique advantages over traditional freelance platforms, certainly grabs more attention from investors and analysts.
As Uwerx continues to surge forward, breaking negative market sentiments, it is the most anticipated crypto project in 2023. Join the presale now and enjoy significant returns in the near future. There’s also a 15% purchase bonus as well as an upcoming referral bonus.
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