The Sandbox (SAND) Price Prediction: Will Uwerx (WERX) Maintain Its Place As Investors’ Favorite?
While cryptocurrencies like The Graph (GRT) and The Sandbox (SAND) are swimming in the sea of red charts, the Uwerx presale continues to boom as it advances into its 5th stage. It has also recorded over 5,546 signups, 1,627 Twitter followers, and 1,620 members on Telegram.
Can Uwerx maintain its attractiveness upon launch? Or will either The Graph (GRT) or The Sandbox (SAND) overtake it? Continue reading to find out.
The Graph (GRT) Decreases By 1.93% Despite Scaling Efforts
The Graph (GRT) is an Ethereum-based Web3 protocol that enables the gathering, processing, and storing of diverse data types for decentralized applications (dApps). Serving as an indexing protocol that enables efficient querying of networks, The Graph (GRT) strives to enhance the accessibility of blockchain data.
The utility of The Graph (GRT) has played a significant role in its remarkable growth. The native token, GRT, has experienced a price surge, primarily attributed to the increasing volume of data collected and provided by The Graph (GRT). On May 22nd, The Graph (GRT) celebrated an impressive total of 1,000 subgraphs on its mainnet. Thus, it recorded a 12.83% rise within the past week.
Also, The Graph (GRT) has been actively focused on shifting its operations from a managed service to a decentralized network, commonly known as the “mainnet” transition.
It recently revealed its successful scaling progress with Layer-2, completing Phase 2 and enabling 5% of the indexing rewards to be accessible on Arbitrum (ARB). However, over the past month, The Graph (GRT) has encountered notable fluctuations in its value. The GRT token has fallen to $0.13, indicating a 1.93% within the last 24 hours. This has investors worried about how its future will be.
Can The Sandbox (SAND) Regain Its Lost Glory In 2023?
The Sandbox (SAND) operates on the Ethereum (ETH) network and relies on its native cryptocurrency, SAND, for its functionality.
Drawing inspiration from popular game-creation platforms like Minecraft and Roblox, The Sandbox (SAND) provides players with the unique ability to construct their own virtual worlds and games and claim genuine ownership of their creations as non-fungible tokens (NFTs). Players are granted SAND tokens as a reward for engaging and participating in the platform.
As the excitement over the Metaverse slowed, so did The Sandbox (SAND). According to a recent study by CoinGecko, several well-known metaverse platforms, including Otherdeeds and The Sandbox, have experienced a substantial decline in value from January 1st, 2022, to May 24th, 2023.
The SAND token is currently back up at $0.56 and attempting to make a comeback. It increased by 4.34% within the last 24 hours. It also increased by 9.43% within the past week. However, Arkham, an on-chain data tracker, revealed a recent whale transaction that suggests the SAND price might face a decline ahead.
Lucrative Rise Predicted For Uwerx (WERX)
Uwerx is different from The Graph (GRT) and The Sandbox (SAND) due to its niche in the gig economy, a robust and real-world economy.
Thanks to the past economic recession and the present mass layoffs in tech companies, 80% of employees stated that they are attracted to a freelancing career, as reported by Forbes. Uwerx, a blockchain-based freelancing platform, aims to capitalize on this changing perspective within the freelance industry.
With updates rolling out regularly, Uwerx has already completed many milestones, such as code audits, approved by SolidProof and InterFi Network, and the release of its Alpha version. This version already features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation page.
Other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity Page, Hiring Dashboard Page, and Job Creation Process pages. Meanwhile, this current version will soon give way to the Beta version, where users can interact with the platform. Users can also send their opinions and feedback to the developers using the dedicated feedback email at [email protected].
Furthermore, Uwerx plans to execute a 25-year lock of developers’ liquidity starting next week. This move was decided by 82.8% of its community. 98.2% of its community also voted for a test airdrop to ensure all token holders have their correct receiving wallet addresses.
To accommodate the heightened interest in its ongoing presale, the Uwerx team has raised the presale token allocation to 57% (427.5 million tokens) and reduced the team’s token allocation to 7%. Uwerx developers have also decided to forfeit all smart contract ownership after listing the project on centralized exchanges.
This shows their belief in giving power to the people. In addition, the team integrated a Vault system that allows users to store their assets for passive income through savings interest. This will encourage more user engagement on the platform.
We believe Uwerx would continue to be investors’ favorite, given its inherent real-world utility and solid foundation. Its remarkable presale, which continues to attract more investors, is also thanks to the agile methodology approach of the development team. It allowed them to roll out the project in stages while making improvements along the line.
Take advantage of the current presale price of $0.05245 to buy the WERX tokens. Hurry now and follow the links below to enjoy a 25% purchase bonus before it decreases to 15% at 18:00 UTC today, with the imminent price increase coming soon!
Website: https://www.uwerx.network
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Keep track of cryptocurrency distributions in our Airdrops Calendar.
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
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
