Dogecoin (DOGE), Cosmos Hub (ATOM), and Uwerx (WERX) are three cryptos that deserve your attention in 2023. These cryptos offer unique opportunities that help them stand out in a saturated market.
In this article, we explore the potential of these cryptocurrencies. Read on to find out more.
Dogecoin (DOGE) To Deliver Real-World Utility
Despite mixed opinions from crypto enthusiasts, Dogecoin (DOGE) remains relevant as a top 10 cryptocurrency. Many analysts believe it has little to no utility.
As a result, the development team is focused on improving the crypto’s functionality. A Dogecoin (DOGE) core developer, Michi Lumin, has recently announced significant updates to the blockchain, aiming to facilitate easier development on the protocol.
These updates include support for QR codes, additional languages, message signing, and Windows builds. Lumin explains that the upgrade will provide language support for developers and non-developers, allowing the generation of seed phrases and mnemonic phrases in various languages.
The blockchain will also support image-generating QR codes and message signing. Furthermore, the upgrade addresses persistent issues developers face, such as truncation fixes, memory integrity checks, etc. These updates aim to enhance the functionality and accessibility of Dogecoin. With a recent 1.61% price increase, Dogecoin (DOGE) presents a potential investment opportunity worth monitoring.
New Rollup Driving More User Activity on Cosmos Hub (ATOM)
Injective has unveiled the first-ever Solana (SOL) rollup for Cosmos Hub (ATOM). The Eclipse-powered integration introduces the Solana development environment to the broader Cosmos Hub (ATOM) ecosystem, facilitating growth and user adoption.
Through collaboration with Eclipse, Injective, and Solana (SOL) have deployed the Solana Sealevel Virtual Machine (SVM) within Cosmos Hub (ATOM), enabling the smooth deployment of Solana (SOL) smart contracts within the Cosmos Hub (ATOM) universe.
Using Eclipse, developers already familiar with Solana (SOL) can now effortlessly write and launch applications on Cosmos (ATOM). This integration attracts a new audience to Solana and empowers Cosmos Hub (ATOM) users to access popular Solana dApps, ultimately fostering greater adoption of Web3 technologies. A private testnet has been launched exclusively for selected Solana developers. Cosmos Hub (ATOM) has been up 1.38% in the last 24 hours.
Investors Are Confident In Uwerx (WERX) Presale
Uwerx’s presale is in its final stage, Stage 5, after experiencing significant success throughout its previous stages. The demand for WERX tokens has exceeded expectations, leading to an increase in the allocated supply for the presale to 427.5 million WERX (57%) of the 750 million total WERX supply.
The price of WERX has surged to $0.0477225, increasing by 730% from its ICO price. Further price increases are anticipated as analysts predict WERX value will hit $2.6 by Q4 2023.
The project currently offers presale buy a 15% bonus on all purchases. The WERX launch price has been set between $0.095 and $0.115, and the presale concludes on July 31. However, the sellout presale isn’t Uwerx’s exciting feature.
Uwerx Possesses More Intriguing Features
In the US, the freelance workforce is expected to reach approximately 90.1 million by 2028. Addressing this growing trend, Uwerx has introduced a decentralized freelance marketplace allowing freelancers to discover and secure jobs efficiently.
Built on blockchain technology, Uwerx ensures a secure, decentralized, and community-centric environment for freelancers.
Uwerx initiated a presale to raise funds for the ongoing development of the protocol. However, before the presale launch, the project developers secured audit approvals from InterFi Network and SolidProof, prioritizing the security of the network and investors’ funds.
Additionally, they announced the renouncement of smart contract ownership, which will come into effect upon the project’s launch on centralized exchanges. This is aimed at maintaining the platform’s decentralization and sustainability.
Furthermore, the development team recently implemented a nine-month lock on developers’ liquidity to prevent any potential rug pull attempts. Although initially scheduled for after the presale, the team conducted a social media poll, and 82.8% of the community approved the lock being applied before the presale ends. The lock was established on June 7th. This highlights the project’s community-centric approach.
In another poll, 98.2% of the community voted in favour of a test airdrop to validate all receiving wallets before the presale ends on July 31st. This move highlights the project’s commitment to ensuring transparency and fostering trust within the community. Also, the founders’ token allocation was reduced from 8% to 7% to encourage greater user engagement. Consequently, Uwerx has gained increased visibility and adoption, attracting 7,500 signups, 1,652 Twitter followers, and 1,825 Telegram members.
The official launch of the freelancing platform is scheduled for August. The development team unveiled the platform’s Alpha version as part of the pre-launch preparations. This initial release showcased the Landing, Sign-up, and Login pages and the Forgot Password, Hiring Dashboard, and Freelancer/Client Initiation pages. Furthermore, users were introduced to the Initial Step of Job Creation and Finding Talent, Job Creation Process, and My Activity pages. The team actively encouraged users to provide feedback on the alpha platform’s design and interface by emailing [email protected].
On June 16th, the Alpha version received further updates, incorporating additional features such as Settings, Application Boosting, Freelancer Profile Creation, and Milestones pages. Considering user feedback, the Job Application page underwent a revamp, streamlining the job posting and application processes into a single page—a departure from the norm in traditional freelance platforms.
In the coming weeks, the development team plans to introduce more updates to enhance the Tools, Freelancer dashboard, and Client dashboard. They eagerly seek more feedback as anticipation for the development and testing of the Beta version grows.
Dogecoin (DOGE) and Cosmos Hub (ATOM) remain worth assets for any portfolio. However, Uwerx, with its explosive potential, might be the next big thing in the crypto space.
Don’t miss out on the opportunity to be part of Uwerx’s promising future by joining the presale now and enjoy a 15% purchase bonus.
