XRP (XRP), And The Sandbox (SAND) Hit By SEC Lawsuit While Uwerx Continues To Pull Investors
Both XRP (XRP) and The Sandbox (SAND) are caught in the web of the suit filed by the SEC. Both tokens are facing allegations of operating as unregistered securities.
Meanwhile, a new crypto project, Uwerx, has caught investors' attention with incredible offers and significant presale sellouts.
XRP (XRP) Amends Ledger’s Hooks
It has been a long time since the lawsuit against XRP (XRP) by the US SEC started. The case may have created buzz for the coin, but the platform has spent more than $200 million on the lawsuit.
Furthermore, after over two months of comprehensive security auditing, XRP (XRP) Ledger's Hooks amendment was deemed exceptionally positive by Cyber Security Firm, FYEO.
This amendment will enhance the core ledger, enabling the customization, creation, and automation of logic. Therefore, the enhancement will make transactions more intelligent and convenient.
However, despite the crypto market's high volatility and the lawsuit, the token is fairing fairly with an over 0.5% daily rise, more than 50% green days, and trading at $0.527.
The Sandbox (SAND) Facing Heavy Transactions Loss
Like many other gaming metaverses on the blockchain, The Sandbox (SAND) Network users can tokenize, create, and own their games utilizing SAND. The Sandbox (SAND) allows the creation of custom 3D NFTs, blockchain-based gaming participation, and the design of utilities that can be used anywhere across the SAND ecosystem.
Following the case against Binance and CoinBase, The Sandbox (SAND) also took hits from the suit. The coin was also listed as security, alongside many crypto tokens affected by the case.
Sandbox (SAND) may need help with big players that transact heavy deals on the platform. A giant whale recently unstaked and transferred more than $10 million worth of SAND. The unstaked tokens sum up to 19.02 million SAND tokens.
Currently trading at $0.486, SAND has an over 0.5% daily decrease. The token has seen more than 50% green days and is predicted to fall further by 1%.
Uwerx (WERX) Continues To Pull Investors
Uwerx added amazing new features to the Alpha version, including 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.
The platform will start the transition to enter the Beta version to enable users to start testing. By leveraging the agile methodology the developers apply to achieve rapid development and accelerated deployment, users with feedback can email the team at [email protected].
In 2022, a report by Forbes showed that over 90% of business heads reported that freelancing is advantageous for their businesses. Uwerx focuses mainly on the freelance Industry and provides support by charging lower transaction fees than other freelancing platforms, including Fiverr, Upwork, and Freelancer. Compared to their 10% to 20%, Uwerx chargers a meager 1%
Currently priced at $0.05245, the WERX token has seen many price surges. The project is nearing the hard cap presale date on 31 July. A total supply of 750 million tokens was made for the project, with 72.5 million allocated for the final funding stage.
This final stage comes with the Uwerx Vault, a 15% purchase bonus, a referral bonus, and a Test Airdrop proposed by 98.2% of the community that will help users to validate their wallet addresses. The Vault offers users security and rewards them for being secure, as it is akin to staking.
To show its commitment and community-centeredness, the team locked the developers’ tokens on 7 June 2023. The token allocation for the developers was also reduced to 7% before getting locked. This lock will last 25 years.
In addition, when Uwerx gets listed on centralized exchanges, the developers will renounce smart contract ownership.
The future of XRP (XRP) and The Sandbox (SAND) may remain tied to the allegations against them. Investors have kept a close watch on Uwerx, seeing the massive gains it keeps dishing out.
Follow the links below to enjoy a 15% purchase bonus now before the price increase3 to $0.06294!
Website: https://www.uwerx.network
Presale: http://invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
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