Will Monero And Dash Experience A Surge As Uwerx Updates New Platform?
The post Will Monero And Dash Experience A Surge As Uwerx Updates New Platform? appeared first on Coinpedia Fintech News
Most people would say they wished the crypto market came with a clear set of rules and regulations regarding trading. However, others will argue that it does. Whatever the case, Uwerx has shown that it is on the right track.
However, Monero (XMR) And Dash (DASH) may need to determine how to get these rules and regulations to keep an upward-bound trend like Uwerx.
Monero (XMR) Set For Removal On Binance Exchange
Monero (XMR) offers user privacy and anonymous transactions. The blockchain attains this feat by utilizing the Proof-of-Work consensus, ensuring untraceable Monero (XMR) transactions.
Monero (XMR) employs three absolute ironclad technologies to conceal blockchain transactions: Ring signatures, stealth addresses, and RingCT. Using these three technologies Monero (XMR) provides its users with maximum security, privacy, and anonymity of transactions on its blockchain.
Furthermore, the platform is set to lose massive customers following removing privacy coins on the Binance exchange platform. Binance will be delisting twelve privacy coins by June 26, 2023, including Monero (XMR). The removal is part of a compliance process to follow local laws and regulations regarding trading privacy coins.
The XMR token has steadily increased over the past seven days. The coin reached more than $160. However, it has declined downward, trading at $149.60 with a more than 2% 24-hour decline.
Dash (DASH) Facing Massive Customer Loss
Many cryptos have tried to implement the Bitcoin (BTC) algorithm. Dash (DASH) is the only one of the few to implement this algorithm successfully. The blockchain’s primary focus is to provide meager transaction fees anywhere and seamless instant financial transactions.
Furthermore, DASH will be removed from the Binance platform after June 26, 2023. Like Monero (XMR), the removal results from a compliance process to follow local laws and regulations regarding trading privacy coins by Binance.
Dash (DASH) started 2023 on good footing, trading above $40 and quickly rising to $53 in two weeks. The token seemed immune to the market’s volatility until it hit more than $70 in March and started a downward decline. It is currently trading at $41 with more than a 4% daily decrease.
Uwerx (WERX) Adds New Features
Uwerx has completed four funding stages and is now in its last funding stage with a 72.5 million token allocation and a total supply of 750 million tokens. The project has completed the compulsory vetting and auditing process conducted by SolidProof and InterFi Network.
This final presale stage features many amazing offers from Uwerx, including a fantastic 20% purchase bonus, which will be reduced to 15% on June 2, 2023, to introduce another fantastic offer, a referral bonus. It also features the introduction of the Uwerx Vault to secure user tokens and reward users.
2. WERX is priced at $0.05245, and the hard cap presale will end on July 31. An imminent price increase is also around the corner, so now would be the best time to make that lifetime investment and benefit from the 25% purchase bonus ending today at 18:00 UTC. The bonus ensures more gains with less.
Uwerx is focused on the freelancing industry. Forbes reported that during the 2022 recession, more than 70% of employers were hiring freelancers. Uwerx recognizes the potential of the freelancing industry and market competition.
Uwerx leverages blockchain technology to offer cheap transaction fees of 1% to freelancers in contrast to the costly charges ranging from 10% to 20% offered by other freelancing platforms like Upwork, Freelancer, and Fiverr.
Uwerx’s rapid success is attributed to adopting an agile methodology. The methodology ensures rapid development and accelerated deployment via feedback. With that in mind, users are encouraged to send helpful feedback and suggestions to Uwerx through its email, feedback@uwerx.network. The team would love to give users the best experience.
Furthermore, the newly launched Alpha version has been updated with new pages, including the Login, Forgot Password, Freelancer or Client Initiation, Job Creation Process, My Activity, and Initial Step of Job Creation and Initial Step Of Finding Talent pages. Uwerx plans to transition to the Beta version very soon. The transition will enable users to begin testing the platform.
Moreover, Uwerx has been faithful to its community-centeredness by making two moves. The team has scheduled the founders’ 25-year liquidity lock for next week and will conduct a Test Airdrop soonest. These proposals were voted for by 82.8% and 98.2% of the Uwerx Community, respectively. The Testnet airdrop will enable users to make sure they entered valid wallet addresses.
The project has promised sustainability by renouncing its smart contract ownership when it launches on centralized exchanges. In addition, the founders have had their token allocation reduced to 7%.
Follow the links below to invest now and enjoy more gains with less:
