Uwerx Launches More Alpha Version Updates as STX & XMR Rise

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With the aftermath of a challenging 2022, investors continue to actively seek new crypto projects to enhance their portfolios and generate profits.

In this discussion, we will highlight three coins worthy of attention thanks to their recent positive price movements — Uwerx, Stacks (STX), and Monero (XMR). These coins possess unique qualities that set them apart. This distinguishes them in terms of their potential for growth and success. 

By exploring these projects, investors can discover opportunities that may lead to favourable outcomes in the ever-changing world of cryptocurrency.

Stacks (STX) Is Leading The Charge For Bitcoin DeFi

Stacks (STX), a smart contract protocol focused on bringing DeFi to the Bitcoin network, continues to gain significant attention from investors. This is because investors seek to capitalize on the growing popularity of Bitcoin NFTs, known as Ordinals. With thousands of Ordinals already minted on the Bitcoin blockchain, the emergence of this innovation has driven increased network usage, transaction count, and block size.

Stacks’ (STX) focus on enabling smart contracts on Bitcoin has further fueled the excitement surrounding Ordinals, leading to substantial price gains for the Stacks (STX) token. Stacks (STX) has performed remarkably well despite market fluctuations, surging by 16.35 % within 24 hours.

Furthermore, the Stacks (STX) token’s price has experienced a significant upward trajectory, rising by 81.73 % within the last seven days. This surge in demand can be attributed to the launch of the Ordinals protocol in Q1 2023. 

Overall, the increasing interest in Ordinals and the potential for DeFi on the Bitcoin network has contributed to the impressive performance of Stacks’ STX token, solidifying its position as one of the market’s top-performing tokens.

Privacy Token Monero (XMR) Undeterred As Regulations Mount

Monero (XMR) is a crypto that prioritizes privacy. It employs sophisticated privacy technologies like ring signatures, RingCT, and stealth addresses to guarantee secure and untraceable transactions. 

Monero (XMR) focuses on fungibility, ensuring that each unit of currency is interchangeable and indistinguishable from others. This emphasis on privacy has contributed to Monero’s (XMR) widespread adoption in various applications.

However, these privacy features have attracted regulators. In Q1 2023, Dubai introduced new regulations prohibiting the issuance and activities related to anonymity-enhancing cryptos like Monero (XMR). The United Arab Emirates (UAE) jurisdiction has published long-awaited crypto regulations, establishing licensing and authorization requirements for virtual asset companies and issuers operating in Dubai. 

The rules define anonymity-enhancing crypto as virtual assets that prevent transaction tracing or records of ownership. This move aligns with similar actions by regulators in other jurisdictions, such as Japan and the EU, to restrict privacy-focused tokens. 

Yet Monero (XMR) is riding high! After a significant decrease within the last 30—90 days, Monero (XMR) has experienced a notable surge in trading volume and market cap. This cumulates to a 2.93% price increase within the last 24 hours. 

Furthermore, Monero (XMR) has demonstrated an upward trend in the last seven days. The crypto has gained 11.3% within this period. These recent developments highlight Monero’s strong and persistent potential.

Uwerx (WERX) New Alpha Updates Building Up To The Beta Test Version

Did you know? In 2023, there are about 1.56 billion freelancers worldwide. As the market evolves, there is a demand for a platform that goes beyond the basics. Uwerx, a new blockchain-based solution, aims to revolutionize the gig economy by offering enhanced opportunities and incentives for freelancers and clients.

Uwerx continues to take giant steps towards its launch with the launch of its platform’s Alpha version. This allowed users to explore some of the platform’s features. Some of the features unveiled included the Landing, Sign-up, and Login pages. The Forgot Password, Hiring Dashboard, and Freelancer/Client Initiation pages were also included alongside the Initial Step of Job Creation and Finding Talent, Job Creation Process, and My Activity pages.

Recently, more features were added. As a result, the Alpha version features now include Settings, Application boosting, Freelancer profile creation, and Milestones pages. The Job Application page was also redesigned to streamline the job posting and application processes. 

The team has promised more upcoming updates that may feature enhancements to the Tools and Client and Freelancer Dashboards. Uwerx is soliciting user feedback as it continues developing the Beta Version.

Furthermore, the development team has gone the extra mile to ensure security by obtaining audit approvals from InterFi Network and SolidProof. They have also shown commitment to the platform’s decentralization and sustainability by announcing the renouncement of smart contracts ownership upon listing on centralized exchanges.

Further prioritizing security and stability, a significant step was taken on June 7, 2023, with a 9-month lock implemented on developers’ liquidity tokens. This decision received overwhelming support from 82.8% of the community. In addition, the team demonstrated their dedication to the community by reducing their token allocation to 7%.

The platform’s community-centric approach was also evident in their Test Airdrop poll, where 98.2% of the community approved the Test Airdrop to validate users’ receiving wallet addresses. The Test Airdrop will take place before the presale ends. As a result of this community-centric focus, Uwerx has already attracted 6,953 signups, 1,825 Telegram members, and 1,652 Twitter followers.

Uwerx (WERX) Presale Is Selling Out Fast

Take advantage of the Uwerx presale and purchase WERX tokens at a discounted price. Currently in Stage 5, the tokens are selling at $0.047725 and are projected to reach $3 by 2024, offering massive returns to token holders

The presale’s successful performance was unprecedented, prompting the developers to allocate more WERX tokens to the presale. As a result, the presale allocation was boosted to 57% of the 750,000,000 total supply. Additionally, there is a limited-time 15% bonus for Stage 4 buyers. 

Don’t miss this opportunity. Buy the presale today! Uwerx also offers a 15% bonus on all WERX purchases.

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