Liquity (LQTY) and Uwerx (WERX): A Price Prediction for these Hot Crypto Names
Liquity (LQTY) is a crypto name that has found itself benefiting from recent legal action against Binance. The stablecoin issuer was given a listing on the exchange as the BUSD token gets removed. Uwerx (WERX) is a project that has its own niche and can offer bigger rewards for early investors in the current presale.
Uwerx (WERX) Can Rise with Underlying Market Strength
Uwerx is a new project which is in Phase 1 of its presale that can see gains from strength in its underlying market. Uwerx will be tapping into the fast-growing market for freelance workers. Uwerx has all the right attributes that have led to success for other coin projects in the past: largely unknown, primed for exchange listings, secure, disruptive, and with a growing market. Research has shown that “the freelance economy is booming, with 56.7 million Americans doing freelance work today—up by 3.7 million since 2014”. Uwerx can bring that market to the blockchain and will have a first-mover advantage by offering the benefits of blockchain ledger technology.
Uwerx was recently audited successfully by both SolidProof and InterFi Network and there is a lock-up period of 25 years after the presale. The digital ledger will provide fundamental advantages to employers and workers, such as increased accuracy of records and transparency for things such as resumes. Uwerx can grab quick market share, and we strongly believe this could be an opportunity to get into a future blue-chip cryptocurrency at an extremely good price.
We believe that Uwerx can continue to rise during the presale with a potential price rise to $2.50 by Q2 2024. Early investors will be rewarded, and they can check out the links below for more information.
Liquity (LQTY) Climbs from the Rubble of Stablecoins
Stablecoin lender Liquity (LQTY) saw its native token LQTY surge by over 100% in March 2023, after the world’s largest crypto exchange, Binance, listed the crypto in its Innovation Zone. Liquity (LQTY) saw its native token hit a high of over $2.80, which was the highest level since April 2022. The price spike was driven by a surge in trading volume, up 4,600% to $162.5M, according to CoinMarketCap data. The Liquity (LQTY) project saw its total value locked (TVL) on-chain jump to almost $600M.
The activity in Liquity (LQTY) was significant after the New York State Department of Financial Services directed the Paxos platform to halt the minting of Binance’s BUSD stablecoin earlier in February. The two projects had a commercial agreement that has now ceased and the BUSD stablecoin lost over 50% of its market cap as holders migrated to tether and other platforms. Liquity (LQTY) does not offer its own loan platform, but it provides technology that others can utilize for their own applications.
The approval by Binance and the stablecoin issues mean that Liquity (LQTY) could continue to grow in importance. The price of LQTY recently rallied above the $2.00 level but has since dropped to $1.67. Our price prediction is for a price of $4-5 by mid-2024 and Uwerx obviously provides a larger upside – Phase 1 presents the best possible opportunity for investors to get in whilst they can. You can find out more about this exciting new project and the 20% purchase bonus in the links below
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
More articlesDamir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.