Will Algorand (ALGO) And Mobox (MBOX) Stay Bullish As Uwerx (WERX) Investors Enjoy Discount
This article will explore the market standings of two coins Algorand (ALGO) and Mobox (MBOX), with their latest launches and innovations.
It will also discuss a new crypto project, Uwerx, that has progressed quickly into its final presale stage, with an amazing discount for investors despite the bearish crypto market.
Algorand (ALGO) To Aid Developers Transition To Web3
Many blockchains face the blockchain trilemma: security, decentralization, and scalability. However, Algorand (ALGO) promises to balance decentralization, speed, and security, making it possible to optimize all three factors using the pure Proof-of-Stake (PoS) algorithm built on a Byzantine agreement.
The Algorand (ALGO) Foundation recently launched the AlgoKit, a developer tool suite that will enable the building of Web3 applications on the platform and help developers transition to Web3 seamlessly.
ALGO holders were not thrilled with the token's performance last week. The token saw a sharp decline in its trading volume, falling more than 30% from $0.21 and currently trading at $0.15.
Uwerx (WERX) Updates New Alpha Platform
Uwerx has announced that it will conduct a Test Airdrop. The Test Airdrop, voted by 98.2% of the community to help users verify their wallet addresses.
Also, the Uwerx team agreed to start the 25-year liquidity lock-up on developers' tokens. Although it was initially slated to start after the presale, the lock will happen next week. The proposal for an immediate tokens lock was voted for by 82.8% of the community.
Uwerx has moved quickly, with massive presale sellouts and constant token increases. The WERX token has surged, moving from $0.0005 to $0.05245, with further price increases imminent. To further help users make more profits, there is an ongoing 15% purchase bonus, which will be reduced to 15% on 2nd June.
Uwerx’s presale success has led to the rapid selling out of the WERX tokens. It’s now in its stage 5 presale, and demand is rising. Hence, its token allocations were revised. The presale allocation was increased to 427.5 million (57%) of the total 750 million WERX supply. 72.5 million WERX are available in stage 5. The launch price was increased to $0.095 - $0.115.
Part of this success can be attributed to the agile methodology approach used by the developers to release the project in batches while making improvements based on users’ feedback.
Also, Uwerx will transition to its Beta version soon so users can test the platform themselves. Users can also send helpful feedback to Uwerx through its dedicated email, [email protected].
The Uwerx developers have reduced their token allocation from 8% to 7% to prioritize users’ gains. Moreover, Uwerx utilizes blockchain technology to offer many advantages to freelancers by charging a low % transaction fee of 1%, while other freelancing platforms, including Fiverr and Upwork, charge 10%-20% service fees. Velocity Global reported a 108% increase in freelancing in England and Wales. This increase means a more extensive customer pool for Uwerx.
Uwerx has introduced the Uwerx Vault to help users secure their tokens. Users get rewarded for using the Vault because they earn passively from storing their tokens for a prolonged period.
Uwerx will renounce smart contract ownership when it gets listed on centralized exchanges, guaranteeing long-term sustainability. To ensure transparency and security, Uwerx has been audited by SolidProof and InterFi Network.
Mobox (MBOX) Launches New NFT On Arbitrum (ARB)
Mobox (MBOX) is a metaverse platform integrating games and decentralized finance (DeFi) to create an ecosystem connecting developers, gamers, and collectors.
Mobox (MBOX) offers gamers sole ownership of their in-game assets, and by harnessing the power of NFTs, the assets acquired are saved and secured on the blockchain. The platform aims to create a unique NFT-enhanced utility by interconnecting each Metaverse through NFT interoperability.
Mobox (MBOX) has had an eventful month, from the launching DragonMo NFT on Arbitrum (ARB) to burning 303,563 MBOX and 2,107,060 MEC tokens. The launch sales totaled 3660 with an average price of 0.32 ETH.
Currently trading at $0.44 per MBOX, the token has seen a 1% daily increase and a neutral sentiment. However, with all the launches and innovations, experts are on the fence about the coin, predicting a less than 0.1% increase.
The crypto winter came early for many tokens, walloping them. Algorand (ALGO) joins the many tokens facing harsh market conditions. At the same time, Mobox (MBOX) may still have a chance to give more gains to holders.
Uwerx stays safe in its tower of success, already handing out massive gains and unique offers to investors and users and showing much confidence. Now is the ideal time to join and earn more profits. So hurry up before the presale ends on July 31.
Website: https://www.uwerx.network
Presale: http://invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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