Halving is an event where blockchain rewards are split in half, and for most of the market history, it has mainly been Bitcoin (BTC) and Litecoin (LTC) with such events. Halvings have always come with a significant increase in price due to reduced token release. However, Bitcoin (BTC) halving has had more significance in the market over the years, and Litecoin (LTC) halving is for the culture. With Litecoin (LTC) halving underway for August, we can begin to see some interesting price action on the cryptocurrency. But would this affect the larger market? That’s not certain, but what’s certain is this keeps the narrative active for Bitcoin halving next year. 

And with Uwerx having some exciting market opportunities, how do early adopters on the network position for this?

Litecoin (LTC) Halving

Litecoin (LTC) is a highly valuable network to the landscape. And being one of the only remaining first-generation blockchain networks left, alongside Bitcoin (BTC) and Dogecoin (DOGE), speaks to that fact. Litecoin (LTC) was initially created to have a better-decentralized structure than Bitcoin (BTC) because Bitcoin’s mining was quickly overtaken by institutional miners. Litecoin (LTC) failed at curbing it also as institutions were again quick to pick up most of the network’s mining share, and Litecoin has resigned to its monetary use.

With the halving, the rewards paid to LTC miners per block will reduce from 12.5 LTC to 6.25 LTC. This is the third mining reward halving the network is undergoing, and Litecoin (LTC) is seeing higher activity as August draws close. Active wallet addresses on the network are nearing all-time highs established in February this year. This much on-chain activity is often a sign that big-time players are about to jump into the network for gains in anticipation of the halving.

An even better opportunity to make gains in the market at the moment is the Uwerx presale as it goes on Stage 6.

Uwerx (WERX) Stage 6 Presale

Uwerx has been one of the best low-cost opportunities in the market for several weeks, and investors missing out on the previous rounds are lucky to still be able to hop on the next round. Uwerx presale is nearing an end, and with it, the opportunity to profit from the WERX token.

Uwerx is an Ethereum-based freelance platform with a unique offering to the gig market. Uwerx is an exciting platform that allows freelancers to find better opportunities and retain most of their earnings. As multiple data sources suggest, the freelance industry has been on a rapid growth spur over the past few weeks, and Velocity Global reports that 48% of new freelancers view it as a long-term career choice.

With the increase in the number of active participants in the global gig market, Uwerx is fighting for a massive share of the sector with its blockchain-enabled platform, and you can claim some of it by owning WERX tokens.

The presale’s fifth stage is currently providing tokens at a competitive rate of $0.05245, with an attractive bonus of 15%. This presents an ideal chance for participation. However, please be aware that the price will rise to $0.06294 on Sunday at 18:00 UTC. It’s a golden opportunity not to be missed.

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.