Mi. Jul 24th, 2024

• FTX’s failure has caused many firms to suffer, so investors should be wary of investing in Tron (TRX) or Solana (SOL).
• Uwerx (WERX) is a new crypto project with no competition and a fast-growing market.
• Solana (SOL) may have seen its token rally, but the project needs help with Total Value Locked (TVL).

FTX Failure Causes Crypto Contagion

The crypto market was reeling in 2022 from the failure of the FTX exchange. Many firms have been caught up in the contagion, but investors should be careful not to assume that the troubles have gone away. Tron (TRX) and Solana (SOL) are two projects with headwinds. Investors should step away from these risky projects and consider Uwerx which can reward them with big gains this year.

Uwerx Can Avoid Trouble and Win Big

Uwerx will help investors to avoid the contagion risk in many developed projects. Those projects have also seen their big return for investors, and it would be a slow grind higher for a rebound. Uwerx could win big because it is still under the radar. It is also operating in a niche area of crypto with no competition and a fast-growing market. Uwerx is creating a platform to bring employers and freelance workers together. The sector is booming, with the dominant players raking in big revenues. However, Uwerx wants to improve the process for all with lower fees and faster transaction speeds. The digital ledger also provides a better architecture for data security and storage. The project is currently in a presale at $0.01 and investors should look to get in early to what could be a blue-chip crypto one day.

Solana Struggles With TVL Numbers

Solana (SOL) got investors excited with a 100% gain at the start of 2023, but the coin had destroyed fortunes prior to that with a drop from $250 to $8

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