At Stage 5 of its presale, the emerging crypto project, Uwerx (WERX), has reached a significant milestone. The platform is at an impressive 5000 sign-ups and capturing the attention of cryptocurrency enthusiasts.

However, it's not all roses and rainbows for Lido DAO (LDO) and Tron (TRX) as they grapple with price declines. This article will dive into Uwerx's recent developments while showing how Lido DAO (LDO) and Tron (TRX) are surviving the bearish month.

Lido DAO (LDO) Experiences Price Slump after a Temporary Price Surge

Lido DAO (LDO), a decentralized autonomous organization focused on staking assets, has recently faced a price slump following a temporary surge in value. Lido DAO (LDO), which aims to provide a secure and liquid staking solution for Ethereum 2.0, allows users to stake their ETH while receiving stETH (staked Ethereum) in return.

This innovative approach enables users to earn staking rewards while maintaining liquidity, as stETH is a tradable asset.

As of writing, Lido DAO (LDO) has witnessed a decrease in its trading price. The coin's value has retraced, currently trading at $2.16 per token. This price slump can be attributed to various market factors and fluctuations, as the cryptocurrency market is known for its volatility. Lido DAO has a circulating supply of 879,295,088.17 LDO tokens.

In recent news, Lido DAO has introduced a new version, significantly improving its staking services. The latest version of Lido DAO introduces several vital enhancements, like liquid staking, allowing users to receive liquid stETH tokens in exchange for their staked assets.

Additionally, the new version introduces a revamped governance model. Lido DAO's governance will transition to a liquid democracy model, where voting power can be delegated to trusted parties.

Tron (TRX) Faces Price Slump after a Bullish Month

Tron (TRX), one of the prominent cryptocurrencies in the market, has recently encountered a price slump following a period of bullish momentum. Tron's price decline can be attributed to several key factors.

Market volatility and broader market trends have played a role in shaping Tron's recent performance. Despite the recent price decline, Tron's long-term potential is worth highlighting. Tron has gained traction as a platform for decentralized applications (dApps) and boasts a large and active community.

Its scalability and high throughput capabilities position it as a competitor in the blockchain space. Tron (TRX), which has a circulating supply of 90,380,199,128.13 TRX, is trading at $0.07030, falling 0.82%.

Uwerx (WERX) Presale Ganers Attention, Hits 5000 Sign-ups, and Counting

As the Uwerx presale nears the fifth stage, the number of sign-ups on the soon-to-be-launched blockchain freelance platform is increasing. The presale, scheduled to end on July 31st, 2023, is attracting investors due to the platform's aim to revolutionalize the gig economy.

Owing to the enormous turnout, the token allocations for the founding team were reduced to 7%, while the partnership team was also reduced to 3%. Likewise, the team allocated 72.5 million WERX tokens for stage 5 of the presale, with the price of each token standing at $0.041 per token. All these changes were made to accommodate users in the fast-paced presale.

Furthermore, to guarantee the platform's long-term sustainability, the Uwerx team has planned to relinquish ownership of the smart contract. However, this step will be taken once Uwerx is listed on centralized exchange platforms.

In line with their commitment to transparency and long-term sustainability, the Uwerx team has announced a 25-year liquidity locking period for developers' tokens. Additionally, in response to overwhelming community support with an 82.8% vote, the team will lock their tokens before the presale concludes, with the specific date to be announced soon.

Uwerx has also confirmed a Test Airdrop, as favored by 98.2% of respondents in a recent poll. This initiative will enable investors to verify their receiving wallet addresses and participate in the token distribution process. Some analysts even predict that the WERX token may reach $3 by Q1 2024.

To top it all, Uwerx will be introducing the Uwerx Vault. It is a feature that will allow users to store their tokens on the platform for a desired period. They also get to earn rewards at the same time.

This week, the development of the platform’s Beta Version will begin, allowing users to test-run the platform. As always, the team appreciates and welcomes feedback and suggestions, which users can send through their dedicated email:

In the weeks following, you can anticipate receiving weekly and bi-weekly releases of the Beta version, as user feedback will play a vital role in shaping these updates.

Also, the platform release will follow Agile methodology, i.e., it will be broken down into phases, emphasizing continuous improvement and collaboration.

With a 15% purchase bonus when you buy WERX tokens, why haven't you joined the presale? Follow the links below to get started.