The market trended downwards as news of the SEC lawsuit emerged, and SEC charged Binance and Coinbase in addition to the ongoing Ripple (XRP) case. Regulations are necessary for cryptocurrency, but they have increasingly become more hostile in the past few months, notably due to the events of the FTX crash. Top exchanges have been top targets since the crash as they have been subjected to more scrutiny, leading to several branches shutting down and some even closing down.
In this crypto winter, Uwerx is looking to be the coin that restores market excitement when it launches and the price skyrockets. Read on to learn more about its potential to blow up and make early investors some profit.
Ripple’s (XRP) Surprising Price Trend
Ripple (XRP) has been in a tough court case with the SEC since 2020, and as positive news starts to appear on the horizon, we see the SEC law launch back-to-back lawsuits at Coinbase and Binance. While the move from the SEC sent the market tumbling for the next couple of hours, Ripple (XRP) appears to be the only coin trading in the green.
The cryptocurrency is on a positive trend in its weekly and monthly time frame and is looking to explore higher price ranges. Most crypto enthusiasts believe this is because the SEC did not list XRP amongst the ten cryptocurrencies it classified as securities in the lawsuit against Coinbase.
Also, with Ripple (XRP) looking close to winning the case, investors must be feeling confident in buying into the project. As many people hope, the Ripple (XRP) case will set a precedent for other SEC charges that could come in the future, and hopefully, Ripple can win the case to throw that premise out of the window.
Uwerx (WERX) Looking To Restore Market Excitement
Uwerx is setting up nicely for a pattern we’ve once seen in the market, and it would be interesting to see how high Uwerx can go after launch. Before the 2021 bull run, the market fell into a massive dump in May 2021 and was revived by Dogecoin (DOGE) in the most unlikely of ways. The excitement from the DOGE pump would go on to fuel the market to new highs and inspire several other altcoins to run upwards.
Uwerx is a new freelance platform, but the native WERX token is a perfect pick for the market due to its undervalued price on presale. With the presale, early buyers can get in way below market value to make some profit towards the launch and even after.
Uwerx is built for great utility as the freelance platform will allow unique Web3 functionalities. With a truly decentralized freelance platform, users can retain value and earn rewards from their activity on the platform. Uwerx only charges a 1% fee on transactions established on the site compared to 10% – 20% from the rest of the industry.
Uwerx presale is $0.05245 per token on Stage 5, and you should not miss the opportunity to be early. On Saturday, July 29th, 2023, at 18:00, there will be a price increase from $0.05245 to $0.0564, along with a generous 15% bonus.
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.
