Memecoins have lived up to their reputation in the past months, and the rally was championed by new memecoin Pepe (PEPE). However, the excitement was only short-lived due to pre-existing market fear caused by the bear run. The hype around PEPE has wound down, and crypto enthusiasts have been quick to focus on the Uwerx presale as the project raises over $1 million from presale and is on a trend to provide higher upsides than PEPE.
Is The Pepe (PEPE) Hype Over?
Pepe (PEPE) has been the best-performing memecoin in the market this year, running up to a $1.8 million market cap from zero. However, it’s hard to say with these memecoins; they are very volatile assets, and analyzing what’s going on is tough. But in the worst case scenario, most users believe Pepe (PEPE) is only in recess due to a lack of market excitement.
Gas fees on Ethereum spiked to the highest levels since 2022 as Pepe (PEPE) hype rose, and of all things, the current decrease in gas fees is a pointer to the dying hype on PEPE. Gas fees have dropped by over 80% from their peak in May, and layer-2 scaling solutions have also seen a decrease in volume.
Pepe (PEPE) is down over 70% from its all-time high, but this is a pattern we’ve seen before with memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) prior to the 2021 bull run. Pepe has all the narratives in its favor, and with a strong community, the memecoin is prime to push for the top seat amongst memecoins.
However, memecoins are one of the riskiest options in the market, but we firmly believe Uwerx has some fantastic prospects for profit towards launch.
Unlock a Potential Upside With Uwerx (WERX) Presale
In the middle of an exciting presale event, Uwerx has locked team tokens and hopes to boost the community’s confidence in the project. This decision comes after Uwerx’s early adopters voted via a Twitter poll for the team to lock their tokens before the presale rather than after.
With team tokens locked, users can look forward to some exciting updates from the new freelance platform without worrying about the team withdrawing funds and abandoning the project. Uwerx’s new freelance platform is a unique solution to the gig market, offering some impressive features compared to existing platforms.
Some amazing features to look forward to including incentivization, community governance, transparent pricing, personalized matching, and multiple tools for collaboration. Most of these unique features are enabled by the blockchain’s infrastructure, and launching on the Ethereum blockchain avails Uwerx of all the necessary resources for growth.
The fifth stage of the presale is providing tokens at an attractive rate of $0.05245, accompanied by a generous 15% bonus. This represents an excellent investment opportunity. Please be aware that this rate is set to rise to $0.06294 on Tuesday, February 25th, 2023, at 18:00 UTC.
Buy WERX on presale now for instant 15% bonus tokens on your purchase.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network