• FTX exchange failure has caused contagion in the crypto market, with Tron (TRX) and Solana (SOL) facing headwinds.
• Investors should consider Uwerx which can reward them with big gains this year.
• Uwerx is creating a platform to bring employers and freelance workers together with lower fees and faster transaction speeds.
FTX Exchange Failure Contaminates Crypto Market
The crypto market was reeling in 2022 from the failure of the FTX exchange. Many firms have been caught up in the contagion, with Tron (TRX) and Solana (SOL) facing headwinds.
Uwerx Provides an Alternative Investment Opportunity
Investors should step away from these risky projects and consider Uwerx which can reward them with big gains this year. Uwerx is creating a platform to bring employers and freelance workers together with lower fees and faster transaction speeds. The digital ledger also provides a better architecture for data security and storage. The project is currently in a presale at $0.01 and investors should look to get in early to what could be a blue-chip crypto one day.
Solana’s TVL Numbers Have Dropped Significantly
Solana (SOL) got investors excited with a 100% gain at the start of 2023, but the coin had destroyed fortunes prior to that with a drop from $250 to $8. The Solana (SOL) chain had been the darling of the crypto industry in 2020-21 but has since seen its fortunes change due to security issues, hacks, developers leaving, etc. This has resulted in Total Value Locked (TVL) on the chain dropping from $12bn in November 2021 to only $242 million today – many NFT projects have gone elsewhere such as Magic Eden as well. Additionally, SOL holders are worried as auditors may sell 60 million tokens held by FTX’s trading arm to raise funds for creditors of FTX’s parent company Alameda Research LP..
Uwerx Can Beat Tron & Solana To Gains
Uwerx will help investors avoid contagion risk compared to many developed projects that have seen their returns diminish or stall completely over time; it would be slow grind higher for those projects if they rebound at all! Uwerx however is still undervalued yet operating within an untapped niche area of cryptocurrency that has no competition – making it primed for success through fast-growing markets!
Invest Early Into What Could Be A Blue Chip Crypto One Day
Uwexr offers potential investors low fees, faster transactions speeds combined with improved data security & storage capabilities thanks its digital ledger technology; currently it’s being sold during its pre-sale phase at just one penny per token! It could be wise then for investors who recognise its potential now before it takes off like other blue chip cryptos – like Bitcoin or Ethereum – did before it!