For the first time since April, Bitcoin crossed the $30,000 mark. And the crypto market has gone parabolic following this price hike. Altcoins have beaten all the odds, and we see most of them in the green right now. Among these impressive performers are algorand (ALGO) and Filecoin (FIL), which are up 0.88% and 1.01% in the last 24 hours. The two projects lead, alongside Uwerx, a new crypto project in presale on the market. The project is in pre-sale phase 5, offering the best low-cost opportunities to investors.
Algorand (ALGO) Leads Market Recovery
Algorand (ALGO) has had an impressive market performance, which can only be attributed to the recent surge in altcoin prices. The project recently had an update, which is a protocol upgrade with new app development features. Algorand (ALGO) is a rock-solid layer 1 blockchain that offers one of the most scalable systems for decentralized applications. The recent upgrade on the network releases faster block times and now reduces the block time on the chain to around 3.3 seconds. This means that there is a more than 10% increase in the speed of Algorand (ALGO) and users are guaranteed more transparent operations on the network.
Minor Filecoin (FIL) Earnings
Filecoin (FIL) was listed as a minor gain among other altcoin gains. The crypto token has seen some consolidation on recent technical charts and is trading near $4. The token is currently selling at $3.94, and recent analysis predicts that it could rise 10% and reach $4.5 before the end of the month. Additionally, the project is seeing an increase in smart contracts following the launch of the FEVM. With its current trajectory, recent analysis indicates the possibility of further increases in the coming days.
Uwerx (WERX) ready for massive pumps
As major altcoins experience a price spike, Uwerx positions itself for massive pumps towards its launch. The project is an emerging solution for the crypto market and the independent industry, as it builds an innovative project connecting the two industries. Self-employment takes several steps ahead of the regular labor market, and Uwerx aims to take the sector even several steps forward in its operations.
Uwerx is a new indie platform that aims to harness the offerings of blockchain technology to bring unique utilities to the indie industry. The project offers opportunities like cheaper service fees, performance tools, smart matching features, transparent pricing, and more. It also aims to be one of the most secure freelance platforms, allowing for a decentralized operating model.
Uwerx will be powered by its WERX tokens, which will be used in network operations and transactions. WERX tokens are the biggest thing in the market right now as they are available for investors at a low price of $0.047725 and are expected to hit $3 by 2024. The presale also comes with a bonus offer 15% for early investors. Buy your tokens now and get first time buyer benefits.
Disclaimer: This is a sponsored post. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer crypto assets.
