Chiliz (CHZ) vs. Sui (SUI) Price Prediction: Can They Offer High Profits Like Uwerx (WERX)?

By NewsBTC July 25, 2023 In Ankr, Chiliz

Uwerx is a blockchain-based project to look forward to this year as it’s set to develop the most widely used freelance platform. While in its 5th presale stage, it has gained 5,546 signups, 1,620 Twitter followers, and 1,685 members on Telegram. Its WERX token now sells for $0.041.

As this upcoming project attracts more investors, this article will explore Chiliz (CHZ) and Sui (SUI) to determine if they could provide high returns like Uwerx in 2023.

Chiliz (CHZ) Is Set To Revolutionize Sports Fan Engagement

Chiliz (CHZ) prioritizes connecting fans with their beloved teams. The native token of the project, CHZ, serves as a means to enable users to engage with their favorite clubs in virtual settings. Additionally, CHZ can be used to make purchases on Chiliz’s dedicated platform, Socios.

Chiliz (CHZ) made an exciting announcement on May 10, 2023, regarding the launch of the Chiliz Chain mainnet. This innovative blockchain infrastructure is specifically designed to improve interactions between sports teams and their fans. Chiliz (CHZ) also announced the official release of the Chiliz Bridge on the same day. Users can now seamlessly migrate their $CHZ tokens from the Ethereum mainnet (ERC-20) to Chiliz Chain (CAP-20) using this bridge.

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Furthermore, on June 1, Chiliz (CHZ) announced its partnership with Ankr, a leading Web3 infrastructure provider. Ankr will become the primary Remote Procedure Call (RPC) provider for the Chiliz chain. With this development, Ankr’s RPC technology will provide developers with a seamless pathway to engage with the Chiliz Chain directly. Its RPCs will act as blockchain routers to facilitate the transmission of on-chain information between Chiliz nodes, dApps, and end-users, ensuring smooth and efficient interactions within the ecosystem.

In addition, Ankr will become one of the 11 node validators on the Chiliz Chain. The company will operate two validator nodes, with one serving as a backup candidate, thus enhancing the overall reliability and stability of the network.

These significant developments have positively impacted the value of Chiliz (CHZ). The token previously recorded a 6.05% decrease within the past week. But, it currently trades at $0.095, signifying a 0.74% increase within the last 24 hours. Analysts predict the CHZ token to hit $0.14 by the end of 2023. However, Chiliz (CHZ) traders and enthusiasts hope for more uptick for the token.

Sui (SUI) Rises Due To Recent Partnership

Sui (SUI) is the driving force behind the Sui network. The Sui network, developed by Mysten Labs, focuses on solving scalability issues in the crypto industry.

Ahead of the upcoming Spanish GP race in Barcelona, Oracle Red Bull Racing, a prominent Formula One team, recently revealed the Sui (SUI) network as its official blockchain partner. Sui (SUI) will provide Web3-based experiences enabling fans to interact with the Red Bull Racing team in novel and innovative ways.

Also, the multiyear partnership could significantly propel the protocol’s advancement, given the heightened visibility and endorsement from the racing team.

Since this recent announcement, the SUI token has risen from its 17.75% loss within the past week. It currently trades at $0.83, signifying a 2.06% increase within the last 24 hours. Its trading volume and market cap have also increased within the same period.

Just a month ago, Sui (SUI) publicly launched its mainnet, designed to make digital asset ownership fast, private, secure, and accessible to everyone.

Uwerx (WERX) Presale Price Pumps

Though it is yet to be listed on exchanges, Uwerx has displayed its promising potential with its remarkable presale. From selling at $0.0005, the WERX token has shot up to $0.05245 and could still increase further. This tremendous growth during its presale is due to the agile methodology approach adopted by the developers. This strategy has helped them release the project in stages while making significant improvements over time. So what will freelancers benefit from Uwerx?

Uwerx will charge only a 1% platform fee to freelancers. They will also enjoy faster payments, intellectual property rights protection, and higher incentives.

The developers initiated a 25-year liquidity lock on their tokens, starting on Wednesday, June 7, as approved by 82.8% of the Uwerx community. They have also launched the Alpha version of the platform. It already features a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation Page.

Other features include the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity, Hiring Dashboard, and Job Creation Process pages. Meanwhile, the Beta version will soon be available for users to interact with. They can send their feedback to the Uwerx team at feedback@uwerx.network.

Uwerx is well-secured and has completed audits from InterFi Network and SolidProof before the presale. In addition, the team announced they would renounce smart contract ownership of Uwerx after listing the project on centralized exchanges. This will solidify its legitimacy and decentralization. Also, the Uwerx Vault allows users to store their tokens while earning rewards, encouraging active participation and long-term holding.

Uwerx is now in its fifth presale stage and progressing fast. To compensate for increasing demand, the Uwerx team allocated 57% (427,500,000) of its 750 million token supply for presale and reduced the founding team’s token allocation from 8% to 7%. The Uwerx team has also increased the coin’s launch price to $0.095 – $0.115. Moreover, 98.2% of the Uwerx community voted for the team to perform a Test Airdrop to ensure that token holders entered their receiving wallet address correctly.

While Chiliz (CHZ) and Sui (SUI) are striking partnerships that could help them rally, Uwerx has more factors that tip the scales in its favor. Forbes reported that 2023 is a growth year for many freelancers, as Fiverr revealed that 78% of companies would rely on freelancing in 2023 rather than employ additional staff. Therefore, Uwerx could hit $2.7 by Q4 2023.

Experienced traders understand that purchasing a high-value coin such as Uwerx during its presale phase could yield significant profits in the future.

Participants in the Uwerx presale also enjoy a 15% bonus on every WERX token they buy. So, seize this opportunity and join the Uwerx presale by following the links below.

Website: https://www.uwerx.network

Presale: invest.uwerx.network

Telegram:

Twitter: https://twitter.com/uwerx_network

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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