Bitcoin (BTC) and Ethereum (ETH) have experienced a notable decline in investment as a result of the US Securities and Exchange Commission (SEC) lawsuit and the FTX bankruptcy.
Meanwhile, a promising blockchain-based platform, Uwerx, has gained traction with the release of its long-awaited Alpha Platform.
In this article, we will examine the implications of the SEC lawsuit and FTX bankruptcy on the future trajectories of Bitcoin (BTC), Ethereum (ETH), and Uwerx, providing insights into their potential price changes.
Bitcoin (BTC) Price Prediction
Despite the recent FTX bankruptcy and SEC lawsuits that have shaken the crypto markets, Bitcoin (BTC) has displayed remarkable resilience.
Overcoming negative news within the industry, Bitcoin (BTC) swiftly rebounded from a three-month low, surging past the $27,000 mark following the resolution of the Coinbase lawsuit.
Currently valued at $26,457.45, with a 24-hour trading volume of $11,009,703,044, Bitcoin (BTC) has experienced a minor decline of 0.27% within the last 24 hours.
Standing strong at the top position with a market cap of $586.45 B, Bitcoin (BTC) maintains its dominant position as the leading cryptocurrency, according to CoinCheckup.
Market experts remain optimistic, predicting that Bitcoin (BTC)’s price will climb to $33,128.80 by the end of 2023.
Ethereum (ETH): Empowering Decentralized Transactions and Communication
Ethereum (ETH) stands as a decentralized global software platform, revolutionizing transactions and communication through blockchain technology.
Ethereum (ETH) empowers individuals and communities globally by eliminating the requirement for a central authority to govern the network.
In recent times, the cryptocurrency market has witnessed turbulence due to regulatory actions, particularly with lawsuits from the Securities and Exchange Commission (SEC) targeting major exchanges like Binance and Coinbase.
These actions have sparked criticism from lawmakers, raising concerns about the SEC’s regulatory approach within the cryptocurrency industry.
Presently valued at $1,839.19, with a 24-hour trading volume of $4,599,915,941, Ethereum (ETH) continues to make its mark.
Market analysts hold strong confidence that Ethereum (ETH)’s price will surge to $3,295.44 by the close of 2024. Nevertheless, concerned long-term investors are placing significant investments in Uwerx to counteract the turmoil in the cryptocurrency market.
Uwerx (WERX)’s Distinctive Features and Commitment to Fairness
Experience the potential of the Uwerx platform firsthand through the eagerly anticipated Test Airdrop, scheduled at the end of the presale on July 31st. This exciting opportunity allows participants to engage with the platform’s functionalities and witness its capabilities.
In a demonstration of long-term commitment to stability, Uwerx has decided to lock token liquidity for an impressive 25-year period. Moreover, the team tokens have been locked for a duration of 9 months, further reinforcing their dedication to building a strong and reliable ecosystem.
Uwerx has achieved remarkable success during its presale, with stages 1 to 4 completed in record time. This accomplishment underscores the strong demand and enthusiasm from the community.
Currently, Stage 5 of the presale is ongoing, offering a highly favorable rate of $0.047725 per token. Every purchase during this stage also comes with a generous 15% bonus, maximizing the value for early participants. By joining the presale, individuals can secure Uwerx tokens at an attractive price and position themselves for future growth and benefits.
The price is set to rise to $0.05245 on Monday, July 10th at 18:00 UTC.
Alpha Platform Release Boosts Uwerx (WERX) Trust as Major Cryptos Face SEC Lawsuit
Uwerx sets a new standard in the freelancing industry with its commitment to transparency and fairness. Upon the project’s readiness for launch on centralized exchanges, Uwerx plans to renounce contracts and reduce taxes to zero, ensuring a level playing field for all participants.
To guarantee security and trust, the platform has undergone comprehensive audits conducted by industry-leading firms, SolidProof and InterFi Network. These audits validate Uwerx’s reliability and integrity, providing users with peace of mind as they engage with the platform. Additionally, Uwerx distinguishes itself by charging a significantly lower transaction fee of just 1% compared to Upwork’s 10% and Fiverr’s 20%, empowering users to retain a larger portion of their earnings.
Uwerx introduces an innovative solution called the Uwerx Vault, enabling users to securely store their WERX tokens for various durations, similar to staking. By utilizing the Vault, users can also earn rewards based on platform variables, enhancing their engagement and incentivizing long-term participation.
In an exciting development, Uwerx’s listing on CoinSniper signifies an important milestone, expanding its reach and visibility. Furthermore, the highly anticipated listing on Uniswap is set to take place by August 1st, increasing liquidity and accessibility for investors.
This week, the presale is scheduled to launch a clickable prototype that includes pages for freelancer registration and client registration. Additionally, next week will see the introduction of the Uwerx Vault feature, and a poll will be conducted to determine the date of the test airdrop.
In response to the rapid progress made during the presale and the community’s demands, the Uwerx team has made necessary modifications to token allocations, ensuring a fair and equitable distribution.
Uwerx has just released its highly anticipated Alpha Platform, giving users a chance to try out its exciting new features. Click here to explore the Alpha Platform and start your adventure in the Uwerx ecosystem.
With the upcoming transition from the Alpha platform to the highly anticipated Beta phase, Uwerx will introduce additional features and improvements, elevating the freelancing experience to new heights.
Stay updated with Uwerx’s progress and provide valuable feedback by reaching out to [email protected] as the platform continues to shape the future of freelancing.
Don’t miss out on the 15% bonus – Join the presale now and be part of the Uwerx revolution!
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
