Find Out Why Render, Fantom, and Uwerx Are Pumping

Three cryptocurrencies, Render (RNDR), Fantom (FTM), and Uwerx have recently made headlines with impressive price pumps. Meanwhile, certain factors are responsible for these remarkable performances.

In this article, we will examine the unique features, developments, and community activities behind the upward momentum of these cryptocurrencies. This will help readers to gain a better understanding of the dynamics at play within the ecosystems.

Effect of Burn and Mint Equilibrium on Render (RNDR)

Render (RNDR) is a platform where users can connect and lend computing power to one another using Graphics Processing Units (GPUs). Every payment and transaction is validated on the Ethereum blockchain, strengthening the 3D communities. 

In January 2023, Render (RNDR) launched its Render Network Foundation, responsible for strategic management and community development. The Render (RNDR) community was excited about this new development as they voted to implement the Burn and Mint Equilibrium mechanism (BME). During this phase, the Render Network Foundation will receive 5% of the cryptocurrency, while the remaining 95% will be burnt.

With the introduction of this BME mechanism, many investors began to acknowledge Render (RNDR) as a commodity asset. As a result, Render (RNDR)’s supply, deflation, and inflation rate have been more controllable.

On the 7th of February, 2023, CoinDesk confirmed Render (RNDR)’s market value had experienced an 80% increase since the BME announcement. During this period, Render (RNDR) was sold at $2.16. The Render (RNDR)’s token is currently at $2.23 with a market cap of $858,502,731. With a 24-hour trading volume of $130,354,253 and less volatility, experts predict Render (RNDR) may sell at $4.63 by the end of 2025.

Fantom (FTM) Recovers From the Multichain Effect

Investors are usually on the lookout for ongoing development within a crypto ecosystem to determine their investment’s safety. Thus, when Multichain was introduced into Fantom (FTM), many feared it could ruin the ecosystem. This is because Multichain is mainly responsible for issuing about 191 million USDC, being the main stablecoin on Fantom (FTM).

Unfortunately, Fantom (FTM) has been experiencing a price downfall of 8% since the 18th of April, 2023, due to the negative market sentiment. However, it seems Fantom (FTM) has developed remarkable resilience against the market condition.

Further research shows that Fantom (FTM) has experienced a price increase of 15.80% in the past seven days. According to CoinMarketCap, Fantom (FTM) is trading at $0.2942 with a market cap of $823M and a 24-hour trading volume of $125M. Since Multichain has garnered positive reports among the crypto community, experts predict Fantom (FTM) may reach 0.422 by 2030.

Uwerx (WERX)’s Market Growth and Price Pump

Uwerx’s team keeps introducing new features into the platform, which has attracted up to 6,953 users, 1,639 Twitter followers, and 1,803 Telegram members. Also, there is a massive record of participants in the ongoing presale. Join now before the price skyrockets! 

Since Stage 1 to 4 of the presale was completed in record time, we are convinced the Stage 5 presale will end soon. Buy now at a token price of $0.047725, and enjoy a 15% bonus.

Other activities that have positively influenced the project’s market growth are potential Test Airdrop, security audit, and exchange listing. Firstly, the project’s team has announced a Test Airdrop to take place on the 31st of July, 2023. 

The token has also passed through InterFi Network and SolidProof audits successfully. To further improve the project’s growth, Uwerx’s team listed it on CoinSniper, promising it will be listed on Uniswap by the 1st of August, 2023.

Uwerx has also been attracting the freelance community by creating a low transaction fee of 1%. This is low compared to Upwork’s 10% and Fiverr’s 20%.

The Uwerx (WERX) Alpha Platform Is Here!

Uwerx’s team has released an alpha platform with outstanding features to boost users’ experience. These features include; freelancer profile creation, job application boosting, settings, and milestones. 

The team condensed job applications and posting features into a single page to ease freelancers’ applications. You can also look forward to more updates on the alpha platform. This will include the freelancer dashboard, tools, and client dashboard. 

The Uwerx team is open to positive ideas and feedback from the crypto community. You can reach them via [email protected].

The project’s team announced that tokens would be sent to holders after the presale ends in a 6-week vesting period as follows:

• Week 1 – 8%
• Week 2 – 10%
• Week 3 – 14%
• Week 4 – 18%
• Week 5 – 22%
• Week 6 – 28%

The presale is selling fast; buy the WERX token and invest in your crypto portfolio now!

Join the revolutionary Uwerx across social media platforms for more updates!

Presale:  invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.