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Monero Price Prediction: Gaining traction against Fantom?

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Investing in a presale is the best way to enter a profitable project and earn maximum returns. While popular cryptos like Fantom (FTM) and Monero (XMR) fight to maintain their position, new revolutionary presales emerge daily, and Uwerx is one of them. 

According to some analysts, this presale project has the potential to become a blue-chip asset in 2023 and beyond. Continue reading to discover what makes Uwerx so enticing to investors. 

Fantom (FTM) Investors Are Scared Of Losing Assets To Multichain’s Crisis 

Fantom (FTM) has increased in its trading volume and market cap within the last 24 hours, resulting in a price surge of 2.99%. It currently trades at $0.34. 

However, the FTM token has been down these past weeks due to the ongoing Multichain crisis, which greatly affected Fantom (FTM). Fantom (FTM) owns 35% of Multichain’s total locked-in value (TVL).

While the Fantom Foundation assured investors of the safety of their assets, which prevented a massive pullout, investors are still skeptical about what could happen next. 

Just a few hours ago, Stargate, a leading cross-chain bridge protocol, proposed to disable the Fantom USDC pool and remove all its DAO-controlled funds from the pool. Stargate’s proposal aims to safeguard its ecosystem and ensure its integrity amid the crisis. 

Though Fantom (FTM) has not lost many assets to panic withdrawals, its future is currently full of doubts. 

Monero (XMR) Gains by 2.55%

Monero (XMR) drew attention within the crypto community with its strong focus on privacy and security. This led to a substantial average daily trading volume. However, despite its influence, Monero (XMR) has faced many challenges due to several hacks on its protocol. 

Monero (XMR) has been making significant advancements in the crypto market to dispel users’ doubts about its capabilities. Its latest achievement is a partnership with Nym’s mixnet. The collaboration was announced during the recently concluded Monerotopia 2023 event. 

Nym’s mixnet is an open-source platform that uses incentivizes to ensure decentralization, making it an ideal platform for Monero (XMR). This partnership brings exciting prospects for Monero (XMR) users as it enhances their anonymity and privacy. 

By embracing Nym’s technology, Monero (XMR) aims to provide enhanced financial security to its users. Thus, Monero (XMR) users can now find solace in knowing that their security and privacy concerns are being addressed. 

This latest partnership seemed to dispel the bearish trend surrounding Monero (XMR). The coin currently trades at $153.88. This price signifies a 1.82% increase within the last 24 hours. It also increased by 2.55% within the past week. 

Uwerx (WERX) Is Set To Dominate 2023 And Beyond 

Investors searching for hidden crypto gems should look towards Uwerx as it aims to tap into the multi-billion dollar gig economy. According to Velocity Global, the gig economy is expected to be valued at $455 billion by 2023. Therefore, the Uwerx project is expected to hit $2.7 by Q4 2023 and $3 by 2024.

Due to this development, the Uwerx team increased the presale token allocation from 45% to 57%. It also reduced the developers’ token allocation from 8% to 7%. In addition, the Uwerx team increased the WERX launch price from $0.09 – $0.11 to $0.095 – $0.115 to reflect its belief in its potential. 

Unlike Fantom (FTM) and Monero (XMR), whose investors had doubts about their assets’ safety and privacy, Uwerx investors need not worry as it received audit approval from SolidProof and InterFi Network long before presales began. Investors are also assured more earnings if they store their assets in the Uwerx Vault. 

Early investors can enjoy more returns as the WERX token presale price is still at $0.05245.

Join the presale by following the links below.

Website: https://www.uwerx.network 

Presale: invest.uwerx.network  

Telegram: https://t.me/uwerx_network  

Twitter: https://twitter.com/uwerx_network

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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