The post Investors Buy Into Uwerx (WERX) Presale After Ripple (XRP) And Bitcoin SV (BSV) Delisting appeared first on Coinpedia Fintech News
Uwerx has become a hot investment for crypto enthusiasts who want to see a strong upside in 2023. Uwerx offers diversification from the troubles in the cryptocurrency industry. Recent delisting in Ripple (XRP) and Bitcoin SV (BSV) has created a headwind for the price of these coins, and investors can sit on underperforming assets for another year. Read on to find out why analysts love Uwerx.
Uwerx (WERX) is Predicted to Be An A-List Project
While some older crypto projects are being delisted from exchanges, Uwerx can go the other way and be added to them. Investors are looking for something new after stagnating for too long in the likes of Ripple (XRP) or Bitcoin SV (BSV). Uwerx has the potential for strong gains in 2023 and can climb the ranks of the top crypto projects. Uwerx wants to disrupt the world of freelance working with a decentralized platform that can take market share from Web2 competitors.
Uwerx will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. The project is currently in a presale at $0.01, but is predicted to gain traction with plans on the roadmap for marketing and a listing on Uniswap. Uwerx can pick up steam with mainstream attention and provide the gains that Ripple (XRP) fans have been waiting five years for.
Ripple (XRP) Gets Suspended by Coinbase
Ripple (XRP) has had its share of turmoil over the last two years, with an SEC court case that started in December 2020. The securities’ regulator accused executives of selling XRP as an unregistered security and wants to bring the project in line with federal securities laws. That has put a headwind in front of the project, as it could mean fines for the executives and the project. Ripple (XRP) has announced nothing new in that time as development also stalled.
In December, it was announced that Coinbase would suspend the XRP token. While other exchanges are delisting the token, Coinbase made the announcement on Monday, 28th of December to suspend trading in the coin. “Given the SEC’s recent action against Ripple, all XRP books have been moved to limit only and Coinbase plans to fully suspend trading in XRP on Tuesday, January 19, 2021,” the exchange said. That removes a big volume opportunity for the Ripple (XRP) token.
Bitcoin SV (BSV) Delisted by Robinhood
Bitcoin SV (BSV) was also hit by a delisting, as the Robinhood platform said it would remove the token in January 2023. Robinhood’s users can no longer buy, sell, or transfer Bitcoin SV (BSV) after January. Any remaining BSV will be automatically sold with users credited with the proceedings. “We have a rigorous framework in place to help us regularly review the crypto we offer on Robinhood,” the company stated. “While we do not discuss the process for assets on an individual basis, based on our latest review, we’ve decided to end support for Bitcoin SV.”
Bitcoin SV (BSV) was previously in a high-profile spat with Bitcoin Cash over which was the better form of BTC. The project’s founder was also involved in court appearances over claims he was Satoshi Nakamoto. The end result has been a forked coin of BTC that only moves with the swings of the crypto market and offers no development for big price gains. Investors should avoid stagnating in coins that are being delisted and sign up for projects with a bright future. Uwerx has all the attributes to be a blue chip crypto one day and is trading at an attractive price.
It is our belief that Uwerx holds great potential and may be worth the associated risks. The project has successfully undergone audits by InterFi Network and SolidProof, liquidity will be secured for a period of 25 years following the presale’s conclusion and to top it off- contract ownership will be renounced by the team before the project is listed on popular centralized platforms such as Uniswap.
To learn more about Uwerx, please refer to the provided link for a chance to win $5,000 in the ongoing competition and attain a 25% bonus on all purchases.
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