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The SEC Continues Its Crackdown on Cryptos. How are Tron (TRX), The Sandbox (SAND), and Uwerx (WERX) Going to Fare?
Many crypto projects are fighting to stay strong as the U.S. Security And Exchange Commission continues its crackdown on cryptocurrencies. Amid this crackdown, a new project, Uwerx, is preparing to enter the coin market.
This article will explain how Uwerx is making its early investors richer and why you should invest in the project now. But first, we shall look at the recent developments in Tron (TRX) and The Sandbox (SAND), as the SEC lists them as securities.
What Has Tron (TRX) Been Up To After SEC Listing?
The first week of June was eventful for Tron (TRX). The project went live on the Ethereum network through the BitTorrent Bridge on June 2, amid support from its community. On June 7, the project recorded three significant developments.
First, transactions on TRON 02 exceeded 11.47 million, which is ten times the transaction volume of Ethereum (ETH) on the same day. Secondly, the TRON-sponsored Crypto Expo Asla 2023 event kicked off in Singapore. And finally, the first episode of a blockchain application development course, developed jointly by the Tsinghua University Student Blockchain Association (THUBA) and Tron (TRX), was live-streamed on THUBA’s Bilibili account.
On June 8, Tron (TRX) celebrated five years of Tron Mainnet Launch. Many traders have labeled Tron (TRX) as the public chain of choice. It currently boasts of 165M users worldwide and more than 5.7 billion transactions processed.
Tron (TRX) has decreased increased by 1.5% in the last 24hrs. The project currently trades at $0.070 with a market cap of $6,337,525,621.
The Sandbox (SAND) Continues Gaining Partnerships Despite SEC Listing
The Sandbox (SAND) is not letting the SEC listing dull its partnership ventures. The project announced on June 9 that it has partnered with Forkast Labs, a global web3 intelligence company, to leverage its multichain data infrastructure and expertise to revolutionize the measurement of digital asset value in the metaverse
This collaboration will see Forkast provide extensive coverage and analysis into the blockchain gaming sector and utilize its multichain infrastructure to ensure that The Sandbox (SAND) gets increased global media exposure.
That same day, The Sandbox (SAND) announced they had teamed up with Rumbls Kong League to add 1000 $SAND tokens to the Rumble Legacy raffle. Additionally, the Paris Hilton Avatars are still popping in The Sandbox (SAND), drawing more users to the metaverse daily
The Sandbox (SAND) trades at $0.38 with a market cap of $709,659,888. In the past 24 hours, the project decreased by 0.35%, but analysts see it reaching $0.63 by Q2 2024.
Uwerx (WERX) Keeps Bringing Profits To Investors
Early investors in the Uwerx presale are happy with the project’s developments. With over 300 million tokens sold, Uwerx is on its way to launching into the coin market successfully
The project has performed above its developers’ expectations forcing them to increase Uwerx’s presale token allocation to 57% (427.5 million WERX tokens) of the total 750 million token supply. They also increased Uwerx’s launch price to $0.095 – $0.115, reducing their allocation to 7%. This move gave room for more investors to join Uwerx, and they did in large numbers.
Uwerx now has over 6,2001 signups, 1,647 Twitter followers, and 1,736 Telegram members, a sign of a successful presale. This presale success is made possible by the agile methodology approach taken by Uwerx’s developers. The approach allowed them to unveil Uwerx in stages while making improvements with time.
Forbes reports that 73% of tech companies have employed freelancers. Experts see this percentage increasing in the next six months. From a starting price of $0.005, Uwerx has risen to $0.041, with a 15% purchase bonus
The developers also introduced a feature that allows users to store their WERX tokens for a desired duration and earn exciting rewards. This feature is called the Uwerx Vault.
Uwerx has launched the Alpha version of its platform featuring a Landing page, Signup page, Login/Sign In page, Forgot Password, Freelancer or Client Initiation page, and Initial Step of Job Creation page. It also features an Initial Step Of Finding Talent page, My Activity Page, Hiring Dashboard, and Job Creation Process pages.
The project will move on to the Beta version soon so that users can start testing it. Uwerx developers are open to suggestions and recommendations from the community, so they set up an email, feedback@uwerx.network, for them.
Interested investors will be happy to know that SolidProof and InterFi Network audited Uwerx before its presale started. The Uwerx team will also give up smart contract ownership once Uwerx lists on centralized exchanges. And they have placed a 9-month liquidity lock on their tokens starting from June 7, 2023. These moves assure investors that the project is transparent and secure
Following a poll where 98.2% of respondents voted for a test airdrop, the team believes it will help users confirm their Receiving Wallet addresses.
With all these offerings, it is unsurprising that analysts predict the Uwerx to trade above $3 by the third quarter of 2024
So, click the links below to learn more about Uwerx and enjoy the 15% purchase bonus:
Presale: invest.uwerx.network
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