As the SEC looks to clamp down on Binance and Coinbase in the recent lawsuit filed against both exchanges, it might be losing the case against Ripple (XRP). The sentiment around Ripple (XRP) has been positive over the past few months as crypto enthusiasts look towards positive news regarding the ongoing court case.
As the market crumbles to regulatory pressure, Uwerx has appeared to be great for early buyers as the project continues to raise funds on presale. Uwerx Stage 5 has been ongoing for several days, and the project will look to move to an increased ICO price soon which is why you should get in early.
Positive News Ahead For Ripple (XRP)
The SEC case has been a clog in Ripple’s (XRP) wheel since December 2020, and things are beginning to look good for XRP with victory on the horizon. The main turning point in the case was the introduction of documents relating to the former SEC Director, Bill Hinman.
The documents refer to internal SEC messages where the former Director established Ether (ETH) as a commodity. Bill Hinman explained in the speech that Bitcoin (BTC) and Ethereum (ETH) could have started off as securities, but they became commodities the moment they became sufficiently decentralized.
Ripple argues that XRP was launched in the same manner as ETH and that it should classify XRP as a commodity as well. And since the SEC’s case is based on that premise, Ripple hopes that accessing those Bill Hinman documents vindicates the firm.
Several traders have taken enthusiastic positions on XRP and are lying in wait for positive price action. However, we instead recommend you get into Uwerx as it is currently unaffected by market volatility and could offer higher returns.
Uwerx (WERX) Presale Could Do Some Decent Uptrend After Launch
The Uwerx team recently announced the completion of its alpha phase, and as crypto enthusiasts look to enter the presale opportunity, the project progresses on the transition to beta testing. The alpha phase featured the creation of interface designs and webpages to expect on the Uwerx platform. Early adopters can now check out all featured pages in the alpha phase via a Figma link provided to the community.
Uwerx is prime to build value in a thriving freelance economy, and early investors could become the biggest winners via this presale opportunity. The upcoming freelance platform will feature several blockchain-enabled features that will prove helpful in helping freelancers create better experiences in their service offerings. Some of the features to expect include incentivization, community governance, transparent pricing, etc.
The WERX token serves as the platform’s primary utility token and governance token, and holders can earn veto power by staking the token. This further submits to the commitment of Uwerx to a decentralized economy where holders can decidedly govern the project. Uwerx will also be renouncing the contract after launch so it becomes a fully community-governed project created for freelancers to push for massive value in the freelance economy.
WERX is $0.041 on Stage 5 presale, and you can get in for some potential upside toward launch. Experts predict that WERX could reach as high as $4 by Q1 2024, and that’s some prospect to anticipate.
Enter the Uwerx presale now for some decent gains.
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