Cryptocurrency has grown from a payment gateway to a significant source of income for investors; hence, the growing number of enthusiasts. But the recent regulatory clampdown on cryptocurrencies puts the market in a bad place, causing investors to develop a pessimistic attitude toward the future of cryptocurrencies.
Despite the volatile crypto market, Uwerx (WERX) takes over the front stage for experienced investors who wholly understand the benefit of presales for long-term profits. In fact, analysts speculate that Uwerx (WERX) has the potential to overshadow popular coins like Decentraland (MANA) and XRP (XRP) by year-end. Here's why.
Decentraland (MANA) Is Up By 3.64% After SEC's Lawsuits—An Imposture, Or A Revival Process?
eToro, one of the popular retail trading platforms, recently announced that it would halt the purchase of four cryptocurrencies for U.S. customers starting next month.
The affected tokens include Decentraland (MANA), a leading Ethereum-powered virtual reality platform. Robinhood, another trading platform, has also echoed similar action. The decision comes as a response to the recent SEC's lawsuits against Binance, accusing them of cornering investor funds and providing unregistered securities, among other charges.
Decentraland (MANA) has not released any official statement on the SEC's probes, yet the market seems to be on safer ground. Within the last 24 hours, it has gone up by 3.64%, with its selling price pegged at $0.350808. According to price prediction, the price value is anticipated to leap to $0.74, although analysts, following the fluctuating crypto market, predict a false end.
There is no doubt that the whole SEC conundrum has led to a significant plunge in the market, igniting skepticism and discussions among the crypto community. Whereas the future of digital assets might sit on the edge, Decentraland (MANA) and other metaverse tokens enjoy the limelight with Apple's newest product, an extended reality X.R. headset anticipated to be unveiled at the upcoming Apple Worldwide Developers Conference (WWDC).
Consequently, speculations abound as Apple's plunge into extended reality (X.R.) casts a new and exciting light on the metaverse. Beyond sparking public interest, the new venture identifies metaverse tokens as the powerhouse of virtual economies, not to mention the growing interest from big-tech companies like Google and Meta in the virtual ecosystem.
Although MANA tokens have been fluctuating since being enlisted as securities, there's still hope for a change soon.
As SEC Vs. XRP (XRP) Legal Battle Surges To A Dead End. Will There Be A Massive Bull Run Soon?
XRP (XRP) has been caught in the SEC's crossfire since December 21, 2020, after a lawsuit was filed against XRP Labs and two company executives based on failure to register its security features, which could invariably lead to significant losses for all token holders.
XRP (XRP) faces huge financial penalties if the court does not rule in its favor. Ever since, the crypto ecosystem has closely followed the legal proceedings, which is perceived to be a determinant of the regulatory oversight of the space.
XRP's CEO had chosen to fight the charges rather than settle the case, as most projects have done in the past. The legal action has run for three years, and judging from the present findings, XRP (XRP) will likely come out victorious. If that's the case, XRP (XRP) does not only clear its name — which, in turn, motivates the crypto community to adopt its payment system—but also, XRP tokens are bound to become fully regulated and legalized.
As the legal battle nears its end, XRP tokens drift upwards again. In Q2 of 2023, the price value increased to $0.50. Experts have posited that the price tag will likely reach $1 once the case is closed. XRP (XRP) has also gone up the ladder by $7.95% within the last 24 hours, tagging its price at $0.56.
Analysts believe this rise can be attributed to a hidden note found in XRP's case file by John Deaton, a Pro-XRP lawyer, which allegedly confirms a secret meeting among SEC staff before the Hinman speech.
The final verdict of this legal outing will determine the future of XRP (XRP). A favorite tick might increase its market value in explosive measures. An unfavorite outcome, on the other hand, could amount to a drastic price retardation.
Uwerx (WERX) Enjoys The Limelight
A report in Upwork stated that gig workers have generated up to $1.35 trillion annually for the U.S. economy in 2022, a whooping raise from the $50 billion made the preceding year.
This report brings Uwerx (WERX) to the frontier as an investment opportunity worthy enough to revolutionize the freelance industry. Analysts speculate that the price value of Uwerx (WERX) could reach $2.7 by Q4 2023, even surge to $3.00 by next year.
Investors are therefore invited to be part of the ongoing presale, which has just recorded another successful entry. To accommodate more buyers, the Uwerx team has reduced the presale allocation to 57% of the 750 million total token supply. It has also adjusted the team's token allocation to 7% to foster user benefits.
Still, there'll be a test airdrop to ensure all token holders receive their correct wallet addresses. This decision was reached after a 98.2% vote. Users can also grow their earnings by storing their tokens in the Uwerx Vault, encouraging more user participation.
Uwerx has released its Alpha version featuring a Landing page, Signup page, Login/Sign In page, Forgot Password, and a Freelancer or Client Initiation Page. Other features are the Initial Step of Job Creation and Initial Step of Finding Talent, My Activity, Hiring Dashboard, and Job Creation Process pages.
Also, the Beta version will soon be available, which users can interact with. They can send their reviews and recommendations through the dedicated feedback email, feedback@uwerx.network.
Having completed audits through InterFi Network and SolidProof before the commencement of presale, Uwerx investors have nothing to worry about regarding the security of their assets. Meanwhile, the team behind Uwerx locked their liquidity on Wednesday, June 7, to keep the project working efficiently. Supported by 82.8% of the Uwerx community, the team has decided to remove all smart contract ownership after the project gets listed on centralized exchanges.
This popularity can be attributed to the more efficient methodology approach adopted by the developers.
Join the Uwerx revolution today to be part of the future of the freelance industry. You can earn a 15% purchase bonus.
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