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SEC Fight Cardano (ADA) & Paragon; Uwerx (WERX) Skyrockets

 10 months ago
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SEC Fight Cardano (ADA) & Paragon; Uwerx (WERX) Skyrockets

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The Securities and Exchange Commission (SEC) has pounced on Cardano (ADA) and Paragon (PRG) with its lawsuit. As investigations unfold, the implications for these projects and the wider industry are significant.

Despite this regulatory focus, Uwerx is generating massive hype with its final presale round, offering gainful opportunities for investors. This article will provide more insight into what the future holds for these three tokens. Let’s dive in.

>>BUY WERX TOKENS NOW<<

Cardano (ADA) Gets Delisted By Robinhood

In light of the lawsuit against Binance and CoinBase, which affected a lot of coins, including Cardano (ADA), business has not remained the same in the crypto space for many crypto platforms.

Many tokens have experienced a downward decline and delistings, and Cardano (ADA) is not exempted from this group. Robinhood, a financial service platform, recently announced it would delist Cardano (ADA) on 27 June 2023. This delisting follows the SEC’s classification of Cardano (ADA) as a security.

Much like Cardano (ADA), several cryptos are also facing delisting due to the allegations from SEC, including Solana (SOL) and Polygon (MATIC). These have made investors skittish and ready to port to avoid much loss or, if possible, zero loss.

Aside from getting delisted and battling a court case, Cardano (ADA) is also facing a price decline. Cardano (ADA) traded at more than $0.035 last week but has fallen to $0.027 this week. It sells less than Uwerx, which rapidly climbed to $0.041 from an initial $0.0005.

Paragon (PRG) Gets Sued By The SEC

The SEC’s lawsuit against Paragon (PRG) and several other crypto tokens has greatly concerned many people, especially holders and investors of some of these tokens. The SEC alleges that Paragon (PRG) violated security and initial coin offerings (ICO) regulations.

This is not the first time the SEC has come for Paragon (PRG). After raising $12 million in 2017, the SEC came for Paragon (PRG), which led them to file for bankruptcy in April 2020.

Regarding the lawsuit, people’s opinions have varied. While some question the motive behind the suit, others believe compliance with the authorities will build a better crypto ecosystem.

Uwerx (WERX) Makes Waves In Final Presale Round

After the COVID-19 pandemic, almost half of the world’s workforce started working remotely. In 2022, Forbes reported that 59% of freelancers earn more than their full-time employee counterparts.

The project is in the freelancing industry, and it aims to provide better services to freelancers. By leveraging blockchain technology, freelancers pay transaction fees of 1%. Other freelancing platforms charge a 10% to 20% transaction fee.

Despite being new, the project has gained popularity, hype, and support, gaining over 6,953 user sign-ups, 1,639 Twitter followers, and 1,803 Telegram members.

Moreso, to accommodate the rising demands, the presale token allocation was increased to 57% (427.5 million) from the total token allocation of 750 million. The project is in its stage 5 presale with 72.5 million WERX available here.

The WERX price has continued to surge. It is currently priced at $0.041, over a 900% increase from its starting price of $0.0005. Due to heightened confidence, the WERX launch price was increased to $0.095 – $0.115.

The developers have achieved a great project by utilizing an agile methodology for rapid deployment and accelerated development through feedback. Users can email their feedback to [email protected].

The team began a nine-month liquidity lock of their tokens on Wednesday, 7 June. The team’s tokens were locked, in agreement with 82.8% of Uwerx’s community, to prove their transparency and longevity. 98.2% of the community also agreed to the team conducting a Test Airdrop to ensure users’ receiving wallet addresses were correctly entered.

Uwerx introduced a sweet 15%  purchase bonus and the Uwerx Vault to create more earning opportunities and encourage investment and holding. The Vault is akin to staking, rewarding users for storing their tokens and encouraging user engagement and rewards.

The Beta version development has begun. This follows the launch of the Alpha version, which now has ten features available. These features include the Login, Sign-Up, Forgot Password, Freelancer or Client Initiation, Job Creation Process, My Activity, Initial Step of Job Creation and Initial Step Of Finding Talent, Hiring Dashboard, and Job Creation Process Pages.

The development team continues to update the Alpha Version of their platform. New features such as Settings, Freelancer profile creation, Milestones, and Application boosting have been added, plus a revamp of the job application page.

They have also simplified the process of posting and applying for jobs on freelancing platforms by condensing it into a single page. The next areas they aim to focus on include the Freelancer dashboard, Client dashboard, and Tools.

The team is excited about the progress made and expects more updates in the coming weeks.

The developers have shown investors their commitment to the project’s sustainability in two moves. The team’s tokens allocation was reduced to 7%, and they will renounce the smart contract ownership once the project lists on centralized exchanges,

Investing in a crypto token is not done flimsily. Investors do some background checks on security and auditing. Uwerx has been audited and vetted thoroughly by SolidProof and InterFi Network to ensure transparency and security, so investors need not worry about their investments.

With the SEC tightening its regulatory noose on Cardano (ADA) and Paragon (PRG), these two coins’ future is still being determined. Meanwhile, Uwerx (WERX) continues to fascinate the market with its final presale round, giving enticing prospects for investors.

Time is almost up as the hard cap presale ends on 31 July 2023. So hurry now and get a share in this successful project.

Follow the links below and get your 15% purchase bonus share now!

Buy Presale: http://invest.uwerx.network

Website: https://www.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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