Binance Coin (BNB) and Dogecoin (DOGE) coin are two very popular cryptocurrencies that have given investors huge gains in the past. Sadly, in recent times, the price performance of these two coins has shown red in the charts.
But, a new alternative investment, Uwerx, is drawing attention from holders of Binance Coin (BNB) and Dogecoin (DOGE) during its presale.
Binance Coin (BNB) Token Showing Signs Of Reversal
The price of Binance Coin (BNB) has risen by 1.0% over the past day. Looking at the lower time frame, the token seems to be heading to break through the $246.4 price level. If this happens, the accumulation might result in a breakout for the $248 level. On a higher time frame, the situation isn’t too clear since the token keeps fluctuating between the $242 and $248 mark.
But, analysts predict that when a move above the $248 price mark occurs, there could be an upward test of the $250 level by mid-January. Currently, the Binance Coin (BNB) token is trading at $246.14.
Dogecoin (DOGE) Investors To Look At Alternatives For Substantial Gains
Since the first week of December, the Dogecoin (DOGE) token has been declining, and the prices have even gotten to an important support level recently and have tried to bounce higher. But, this wasn’t enough to remove the selling pressures that engulfed the Dogecoin (DOGE) token.
Dogecoin has been in a downtrend since the first week of December. The prices reached an area of significant support in recent days and have managed to bounce higher, but this was not enough to undo the selling pressure DOGE witnessed in recent weeks. Currently, the price of the Dogecoin (DOGE) token is $0.070309, and a look at the higher timeframes shows that the token remains bearish and would only start a bullish momentum if the token can break past the $0.08 price level.
Analysts further state that investors might start buying the asset in preparation for a bullish run as the token has broken through the $0.075. The Relative Strength Index is above the neutral 50 on the 4-hour chart, but analysts are unsure of an upward movement.
Uwerx (WERX) Attracting Early Investors During The Presale
Uwerx will be a new Polygon-based freelance platform that utilizes decentralized blockchain technology to provide transparency, security, and lower fees compared to its competitors. It is a lucrative investment opportunity that analysts believe holds immense potential for growth in 2023 and beyond. The platform’s tie-in with the gig economy and the freelance industry shows resilience and growth even during adverse market climates, making it an attractive investment option.
Uwerx has an advantage over its competitors with its lower fees of 5% compared to market leaders Upwork and Fiverr, which charge 20%. The decentralized blockchain technology also ensures transparency and maximum security for all data stored on the platform, making it a reliable and trustworthy option for freelancers and clients.
Furthermore, the Uwerx platform has been granted audit approval by both InterFi Network and Solidproof, which guarantees the platform’s security and reliability. Additionally, the liquidity of the Uwerx project has been locked in for 25 years after the presale concludes, making it a secure and long-term investment opportunity.
The excitement is palpable as glimpses of the Alpha Version are already public, with the Beta version not far behind. Interestingly, the WERX price is set to make a jump from $0.0315 to $0.041 come Friday, 2nd June at 15:00 UTC. Moreover, the bonus on acquisitions is set to reduce from an enticing 20% to a still-attractive 15%.
Acquiring WERX at $0.0315 while the opportunity still exists grants you the maximum advantage, providing you with a generous 20% purchase bonus. As subtle as this may seem, it’s a potentially rewarding opportunity that could pass you by. Visit the links below for more insights and consider making your strategic move into Uwerx today.