• Enjin Coin (ENJ) and Solana (SOL) tokens have seen a steep decline in their prices in the past year.
• This has caused many investors to move their funds to Uwerx (WERX), which is currently seeing high demand and provides more reliable returns.
• Uwerx (WERX) is a project that looks set to be the benchmark for gig platforms, promising to be the future of work.
Steep Decline of Enjin Coin (ENJ)
The bear market has taken its toll on many cryptocurrencies, with Enjin Coin (ENJ) being no exception. The Enjin Coin network is an Ethereum token that allows users to utilize non-fungible tokens (NFTs). It rose from $0.13 in 2021 to $4.82 by the end of the year, but since then it has been fluctuating and is currently at $0.6944, showing a steep decline over the last 12 months. This has caused many investors to move away from this coin and look for more reliable investments like Uwerx (WERX).
Solana’s Breach Affecting Investor Loyalty
Solana (SOL) was one of the most secure and scalable decentralized investments on the crypto marketplace, making it into the top ten list within two years of its launch. However, breaches in its system have caused significant drops in price from its all-time high of $260 down to $34 today, leaving investors uncertain about when it will recover or if their loyalty will pay off in mid-2023 as predicted by crypto analysts. Therefore, many investors are now moving away from Solana (SOL) towards Uwerx (WERX).
Uwerx: An Increasingly Sought-After Token
Interest in Uwerx has been increasing rapidly due to its promise as “the future of work” – being the first freelance platform based on blockchain technology with unique features such as no transaction fees/commissions and independent hiring process between freelancers/employers without any third party intervention required. This makes Uwerx an increasingly sought-after token and gives potential investors more confidence than other investments like Enjin Coin(ENJ) or Solana(SOL).
Why Invest In Uwerx?
Uwerx offers attractive benefits for potential investors including low transaction fees/commissions compared to other platforms; security of funds through blockchain technology; independent hiring process between freelancers/employers; no third party involvement required; access to a global talent pool; freedom of choice for employers regarding payment methods; ability for employers/freelancers to rate each other following completion of projects etc., making it an attractive option for those looking for better returns than they would get from investing in coins like Enjin Coin(ENJ) or Solana(SOL).
Due to recent events such as security breaches affecting investor loyalty towards coins like Solana(SOL), combined with steep declines seen by coins like Enjin Coin(ENJ), these two coins have become less reliable investments than before which has caused many investors to switch over towards more reliable options such as Uwerx (WERX). With features such as low transaction fees/commissions, secure transactions via blockchain technology etc., Uwerx looks set to be the benchmark for gig platforms going forward providing great benefits both employers & freelancers alike along with giving potential investors much needed confidence when investing in cryptocurrencies again after recent losses suffered by coins like ENJ & SOL