Despite the uncertainty that the Security Exchange Commission’s suit on Binance has caused in the coin market, the new project, Uwerx, continues to exhibit growth and potential. It is still selling fast, leaving investors amazed.
This article delves into the features of this novel project and explores what damage the SEC suit has done to XYO Network (XYO) and Naga (NGC).
XYO Network (XYO) Falls Under SEC Lawsuit
XYO Network (XYO) has tried to stay afloat in the coin market since the Security and Exchange Commission of the United States listed it as a security. The project has fallen by -5% in the past seven days, but its 24-hour value shows signs of potential rise. XYO Network (XYO) increased by 9.61% in the past 24hrs. The project is trading at $0.004 with a market cap of $46,332,583.
XYO Network (XYO) has been getting more adoption since the release of XYO 2.1. This version has the features of XYO 2.0 but with some added features. It uses cryptography for security; it has decentralized data bucketing, features, and an XYO Module Protocol that lets users build different systems with one shared interface.
Based on its features, XYO Network (XYO) holders are optimistic that the SEC listing will not drastically affect the coin. Analysts predict the project to reach $0.006 by the second quarter of next year.
Naga (NGC) Keeps Rising In Value, Despite SEC Listing
The news that the United States Security and Exchange Commission listed Naga (NGC) as security has not held the project down. Naga (NGC) has increased by 31.59% in the last 24hrs.
Experts believe this is made possible by Naga’s (NGC) 1 million users who have held the project up, ensuring its continued relevance in the coin market.
Naga (NGC) is a social investing platform that aims to decentralize financial technology and give traders access to the best market tools. It provides traders with the necessary technology and resources they need to trade.
The platform is famous for its Autocopy feature, which allows users to copy one another, creating a social environment that benefits users. Naga (NGC) has announced the upcoming Social Betting feature, which will bring a social element to betting.
The project currently trades at $0.11. Analysts believe that Naga’s features could see it go above $0.17 before the end of next year.
Uwerx (WERX) Is Setting Standard With Its Ongoing Presale
In less than two months of its presale, Uwerx has attracted over 5,546 signups, 1,655 Twitter followers, and 1,746 Telegram members.
The project’s presale has stunned its developers, leaving early investors impressed with their earnings. Because of Uwerx’s speed of sales, the Uwerx team increased the token allocation to 427.5 million tokens (57%) from the 750 million tokens supply. This was done to accommodate more investors. The team also raised Uwerx’s launch price to $0.095 – $0.115, reducing their token allocation to 7%.
Uwerx’s presale success was made possible by its developers’ agile methodology approach. The approach involved unveiling Uwerx in stages while making improvements.
The agile methodology approach is working again in the ongoing fifth presale stage. Uwerx has sold over 25 million tokens of the 72.5 million tokens available. With the project rewarding users with a 15% purchase bonus when they buy WERX tokens for just $0.041/WERX, investors should not miss out.
The Uwerx team is committed to promoting transparency; as such, they placed a liquidity lock on their tokens which will last for nine months from June 7, 2023. They also plan to forfeit all smart contract ownership once Uwerx lists on centralized exchanges. On top of that, SolidProof and InterFi Network have audited Uwerx.
These features assure investors that Uwerx has covered the security part of its roadmap.
In a poll conducted by the Uwerx team, 98.2% of respondents voted in favor of a test airdrop which the team believes will enable users to confirm that they entered the correct Receiving Wallet addresses.
Excitingly, Uwerx has launched the Alpha version of the Uwerx platform. The version features a Landing page, a Signing Up page, a Logging In page, Forgot Password page, and Freelancer or Client Initiation page, My Activity page. Additional features include the Hiring Dashboard page, Job Creation Process page, Initial Step of Job Creation, and Initial Step of Finding Talent pages.
Transitioning to the Beta version will happen soon, and the team has urged users to continue sending suggestions to their dedicated email, feedback@uwerx.network.
A 2022 report from Velocity Global states that 59 million Americans freelance. This represents 36% of the total American workforce. Analysts see this number getting higher as more innovations enter the world market. Based on that, they predict Uwerx to trade above $3 within the first quarter of 2024.
To learn more about Uwerx and get your share of the 15% purchase bonus, click the links below:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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