The once-upon-a-time leading cryptocurrency, Chainlink (LINK), has been experiencing declination in recent months. Research revealed that crypto recently fell 4% short of its market value.

However, technical analysts predict Chainlink (LINK) may experience a bullish market soon, considering the rise in Bitcoin's (BTC) price.

In this article, you shall discover the current market state of Chainlink (LINK) and its price prediction. You will also find another crypto—Uwerx—with a high market value.

Bitcoin (BTC) Effect on Chainlink (LINK) 's Market Value

In recent months, Bitcoin (BTC) experienced a price fall of $25,000, so its bounce back has pushed the growth of neighboring altcoins.

Bitcoin (BTC) provided nearby assistance to Chainlink (LINK) as it rose to $26,000. However, many investors wonder how long Chainlink (LINK) will continually benefit from Bitcoin's favorable market situation.

Factors Responsible for Recent Chainlink (LINK) 's Market Surge

Some investors wonder if Bitcoin (BTC)'s influence on Chainlink (LINK) is long-lasting. Thus, analysts believe its recent social volume may create a bullish run soon.

There is an increase in demand for Oracle services, and Chainlink (LINK)'s ability to provide a solution has attracted the crypto community.

Also, the Chainlink (LINK) developmental team looks forward to reducing the operational costs of decentralized oracle networks. Thus, the increase in Chainlink (LINK)'s development activities also contributes to its recent price increase.

So far, analysts predict investors may get up to 8% ROI. Chainlink (LINK) is trading at $5.98, with a market cap and 24-hour trading volume of $3B and $93M, respectively.

Based on the technical analysis from different sources, experts believe Chainlink (LINK) may trade between $14.66 and $22.39 in 2025.

Explore a New World of Investment Opportunities with Uwerx (WERX)

Uwerx is a new project being launched into the crypto space and gaining massive attraction. Foremost, it's an affordable freelancing platform, charging users just a 1% transaction fee instead of Upwork's 10% and Fiverr's 20%.

Uwerx's team has been unveiling exciting features, including a vault where users can keep their WERX token for some period. This feature will reward users based on the platform variable, similar to the popular staking concept.

The Alpha's platform PDF version is another exciting feature the Uwerx team unveiled. Although Uwerx will soon transition from Alpha to the Beta platform, the team keeps providing helpful content. The released PDF version contains ten pages of:

● Signing up

● Forgot password

● Hiring dashboard page

● Logging in

● Job creation process page (s)

● Freelancer or client initiation

● My activity page

The initial step of job creation and finding talent. The team promised Uwerx's community to expect more updates in the coming weeks! The team is also open to feedback from the community; kindly reach them via feedback@uwerx.network.

We encourage informed investors and traders to join Uwerx's growing community of over 1,600 Twitter and 1,600 Telegram members. The Uwerx platform has reached 5,500 sign-ups, another evidence of a growing community.

Is Uwerx (WERX) Worth Investor's Time and Money?

Despite being a new project, Uwerx's team has earned the trust of its community. Foremost, team tokens have been locked for nine months to boost investors' confidence that the team won't dump the project.

Investors may also participate in a liquidity lock of 25 years after the presale ends on the 31st of July, 2023.

Tokens will be sent to holders after presale ends in a 6-week vesting period, which is as follows:

● Week 1 - 8%

● Week 2 - 10%

● Week 3 - 14%

● Week 4 - 18%

● Week 5 - 22%

● Week 6 - 28%

Uwerx passed through InterFi Network and SolidProof audition to further enhance its transparency. The contract will be renounced once taxes are reduced to zero, and Uwerx is ready to be launched on centralized exchanges. However, Uwerx has been listed on CoinSniper. The community anticipates Uniswap’s listing to take place on the 1st of August, 2023.

The pricing will undergo an adjustment on July 29th, 2023, Saturday, at 18:00 UTC. It will move from $0.05245 to $0.0564, reflecting a 7.5% growth instead of the initially intended 10% increment.

Uwerx will carry out a test Airdrop which will take place after the presale ends on the 31st of July, 2023. Now is the best time to utilize the juicy offer presented by the Uwerx protocol!

Join the revolutionary Uwerx across social media platforms for more updates!

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/