Uwerx is a new project that should be part of investors’ portfolios for big market returns. One sector that investors should avoid is in privacy tokens. The regulators are certain to clamp down on privacy and Monero (XMR) and ZCash (ZEC) are two projects that could ultimately fail. Read on to find out more about these two trends.
Uwerx (WERX) is an Up-and-Coming Boomer
Uwerx is the ideal coin for privacy investors to switch their holdings into. The project offers security, good fundamentals, a fast-growing market, and a first-mover advantage. Those growth engines can power Uwerx while investors in XMR and ZEC hang around waiting for the likely regulatory hit from the SEC. Uwerx is currently in a presale at $0.0065 and looks to be setting itself up for an extremely bright future.
Uwerx was recently audited by InterFi Network and Solidproof and there is a lock-up period of 25 years after the presale ends. The project is likely to become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. First, the blockchain can allow platform fees to be slashed from 20% to only 1%. And second, without the need for third-party approval, funds could be accessed on the same day. Uwerx can see its token rise from mainstream attention, and analysts expect big things from this coin in the future. We believe now could be the best time to invest in this potentially blue-chip cryptocurrency.
>> Read The Uwerx White Paper <<
Monero (XMR) Targets Secretive Investors
Monero (XMR) has been a regular fixture in the crypto industry for years and is one of only a few privacy tokens. Monero (XMR) brings a private element to blockchain transactions for those who want to hide the path of their money. This was ignored back in 2017-18 but tighter regulations are coming for the crypto market and the FTX collapse has added to that.
Regulators and central banks are circling the market to bring their own digital currencies, and they often criticize the cryptocurrency sector for its links to the black market or money laundering. Despite this obvious threat, Monero (XMR) still ranks close to the top twenty coins by market value. The project has a valuation of over $2.8 billion and is close to other early coins like Stellar (XLM). There is a real downside risk for Monero (XMR) once the government finalizes its regulatory approach.
ZCash (ZEC) also has the Privacy Edge
ZCash (ZEC) is in the same space as Monero (XMR) with a project that focuses on the privacy aspect of the blockchain, although it trades a lot lower than Monero (XMR). ZCash (ZEC) is ranked around the 40 position in the current market. In a recent report, Crimeware and Financial Cyberthreats in 2023, the security firm Kaspersky warned that NFTs, gaming, and metaverse are prone to hacking risk. These projects are expected to be less secure than other blockchain projects.
However, the security firm also focused specifically on the privacy coins and concluded that they will be a target for regulatory crackdowns. The firm said that privacy coins like Dash, ZCash (ZEC), and especially Monero (XMR) would have their business model threatened. Japan and South Korea have both banned privacy coins. Investments in these tokens are a real risk, as they could become almost worthless. Many investors are unable to connect the dots and could get hurt by the regulators.
We believe a project like Uwerx, one which has strong fundamentals, a dedicated team and is tied to an industry with immense room for growth is the best presale option that investors are likely to see in 2023.
Presale: invest.uwerx.network
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