This article will update you on Fantom (FTM) and Amp (AMP) ‘s latest challenges, including the SEC lawsuit. However, they are not the only coins affected by the case.
Uwerx is still going up, and it doesn’t seem to have plans of stropping. This revolutionary project, which is in its final stages, has much to offer to the crypto industry and keeps delivering gains to investors.
Read more to discover Uwerx’s future plans and the benefits it will offer investors and users.
Amp (AMP) Facing Lawsuit On CoinEX
Many crypto tokens were affected by the recent SEC lawsuit. The allegations of not registering as securities was the major cause of it. Amp (AMP) is amongst the tokens affected by the suits.
Amp (AMP) was removed from the Binance platform immediately after the SEC started pointing fingers at the coin and labeling it a security.
Furthermore, the New York Attorney General filed a complaint against CoinEx. The complaint said several tokens listed on CoinEX are securities, including AMP.
These scrutinies by the law are getting investors worried about their investments. AMP has turned downward this week, trading at $0.001963 with an over 9% daily decrease.
Uwerx’s (WERX) Presale Soars Higher
Uwerx has come a long way, with four successful presale stages, and the final funding stage is selling out fast. This stage has a token allocation of 72.5 million tokens carved out from the 750 million total supply. The hard cap presale is on 31 July.
On Saturday, July 29th, 2023, at 18:00 UTC, there will be a rise in price from $0.05245 to $0.0564. This adjustment represents a 7.5% hike, which is less than the initial projection of a 10% increase.
Security is a major concern for investors, and Uwerx has covered that with the Uwerx Vault. The Vault will store users’ tokens, and in addition, it will also reward users for using it. InterFi Network and SolidProof have audited Uwerx.
In 2022, a report by Velocity Global showed that the highest global market for freelancers is the U.S., with more countries like India, Brazil, and more seeing massive growth. Most freelancing platforms, including Fiverr, Upwork, and Freelancer, charge hefty transaction fees of 10% to 20%, while Uwerx charges 1%.
Being a new crypto project in the buzzing crypto ecosystem is complex. However, Uwerx has gained massive hype and popularity and has recorded 5,546 user sign-ups, 1,629 Twitter followers, and 1,710 members on its Telegram channel.
The platform’s Alpha Version was launched successfully with the Login, Forgot Password, Freelancer or Client Initiation, Job Creation Process, My Activity, and Initial Step of Job Creation and Initial Step Of Finding Talent pages. To enable users to start testing the platform, Uwerx has announced that it will begin transitioning to the Beta version very soon.
Uwerx has launched very successfully and has recorded many innovations. The Uwerx developers have reached this success by employing an agile methodology which aids fast development and rapid deployment through feedback. Users with feedback and suggestions can email the team at feedback@uwerx.network.
Moreover, the 25-year developers’ liquidity lock, which ensures no rug-pull, started on Wednesday, 7 June 2023. The team’s token allocation was reduced to 7% before getting locked. In addition, on listing on centralized exchanges, the Uwerx team will renounce smart contract ownership, ensuring longevity and sustainability.
Following the proposal by 98.2% of the community to conduct a Test Airdrop, the team has announced that a date for the Test launch will be released soon.
Fantom (FTM) Delisted By Bakkt
Developers on the Fantom (FTM) platform can use and customize this open-source platform. Anyone on the network can run code as the Fantom (FTM) network is permissionless.
Furthermore, FTM surged almost 35% in the past weeks following the news about the new stablecoin, USD.
In addition, a subsidiary of the Intercontinental Exchange in the United States, Bakkt, has delisted many tokens, including Fantom (FTM). This move was made in compliance with the completion of the Apex Crypto acquisition process.
FTM is on an over 4% daily decrease, with less than 50% green days and bearish sentiment. Trading at $0.291689, experts believe the token will fall by more than 4% in the coming days.
Fantom (FTM) and Amp (AMP) token prices are not faring well in addition to the lawsuit. However, Uwerx’s successful presale is doing better than the other tokens facing a legal storm.
Uwerx has more potential for longevity with the team’s many intelligent moves. Therefore, you should be a part of the project.
Follow the links below to enjoy a 15% purchase bonus now!
Website: https://www.uwerx.network
Presale: http://invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
