In an expected fashion, Binance Coin (BNB) has been the poorest-performing cryptocurrency since the SEC launched a lawsuit against Binance. Regulatory crackdowns are one of the problems the cryptocurrency market has had to deal with in the past few years, and it’s no fun. The bear market, or crypto winter as most people call it, continues to extend due to events driving negative sentiments on the market. BNB has had a similar pattern to XRP since the SEC filed that lawsuit in 2020, but crypto enthusiasts hope it doesn’t get worse.
In the middle of it all, Uwerx Stage 5 presale has been great, and if you’re just discovering the ICO, this is a time to get in and protect yourself from the losses on the market.
Binance Coin (BNB) Performing Poorly Since The Lawsuit
Binance Coin (BNB) was initially created as a utility token for the Binance centralized exchange, but once the Binance Smart Chain (now BNB Chain) was launched, the use cases for BNB widened. BNB grew to over $600 with the emergence of the decentralized blockchain, which commanded more value right after the Ethereum network.
The SEC lawsuit kills some of the coming excitement for the chain, like the Luban hard fork. BNB has been dumping the hardest since the news emerged, and it doesn’t look promising for the foreseeable future, except there is some counter-positive news. However, Binance is not the only exchange sued by the SEC as Coinbase, another leading exchange, was charged some hours after the Binance lawsuit.
Binance Coin (BNB) is not a safe coin to hold for the foreseeable future, but you can find even better opportunities to make money with Uwerx.
Uwerx (WERX) Remains the Best Play in the Market
As the market drowns into further uncertainty, Uwerx is one of the few projects you want to get in, as it’s unaffected by market trends. Uwerx launch will be scheduled for a healthy market reception, but the opportunity to get in below market value for some profit margin is still on. As Stage 5 presale continues to gain momentum, if you miss it now, you’ll be rushing in at an even higher price on Stage 6; here’s why:
The next price increase on Uwerx will be over 10%, and if you have to get in, then you’ll be leaving what could have been profit on the table. Also, Uwerx recently launched its alpha phase, which was immediately followed by the release of its interfaces. Early adopters have earned access to what the new freelance platform will look like, and soon as beta testing launches, early adopters can use the website and provide feedback in preparation for the launch.
Uwerx is a unique solution for freelancers, clients, and businesses worldwide seeking efficient ways to seek global talents. Uwerx beats the market with its 1% fee, and it’s prime for massive growth once it launches; hence, why it’s advisable to buy in early and make some good profit.
WERX is currently hugely underpriced at $0.05245, and you can accumulate some tokens towards launch. On Saturday, July 29th, 2023, at 18:00, there will be a price increase from $0.05245 to $0.0564, along with an additional 15% bonus.
Presale: invest.uwerx.network
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Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
