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With Coinbase Lawsuit, Kin (KIN) And XYO Network (XYO) Try To Stay Up

Uwerx has gained much support and massive hype. Given the success Uwerx has achieved so far, it has gained many followers and investors. 

This article will explore the buzzing crypto world as many tokens, including Kin (KIN) and XYO Network (XYO), face sanctions along with Coinbase. You will also get to learn more about the progress Uwerx has been making in the market and why you should invest in it.

XYO Network ( XYO) Set To Launch XYO 2.1

This year has seen several lawsuits against many projects. Recently, many tokens, including XYO, have come under SEC scrutiny. The exchange commission filed a case against many tokens alleging they are securities.

Despite the case against Coinbase regarding listing XYO and some other tokens, the exchange has refused to delist them.

Furthermore, XYO Network has announced that it will release XYO 2.1 soon. The upgrade will switch from authentication with JWT Tokens to cryptographic addresses and signatures to secure the network.

Currently trading at $0.003198, XYO declined in the past 24 hours by over 10%. Also, the XYO Network (XYO) has had more bearish days recently.

Kin (KIN) Community Votes To Burn One Billion Tokens

The lawsuit storm has been blowing up the crypto space now, affecting established crypto projects, including Kin (KIN). The Kin (KIN) project is among the sixty projects the SEC filed a complaint against, alleging that they are unregistered securities.

Furthermore, Kin (KIN) started a campaign to help with the cases against it and several other coins by launching DefendCrypto.org with $5 million in funding.

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To ensure the growth of the Kin (KIN) ecosystem, the community has been making many proposals for innovations and launches. These proposals are all aimed at increasing the value of the Kin (KIN). One of the proposals is the allocation of one billion KIN tokens for a Test Burn.

KIN trades at $0.00000583 and declined by more than 9% in the past 24 hours. However, despite being bearish, experts still predict an almost 10% rise.

Uwerx (WERX) Presale Rewards Holders Massively

In 2022, Forbes reported that many big companies have a mix of full-time employees and freelancers. With freelancing being the sole idea behind Uwerx, freelancers will be supported massively. The Uwerx platform will charge a 1% transaction fee. Other platforms like Fiverr, Upwork, and Freelancer charge 10% to 20%.

Uwerx has grown in the crypto space, as it is even achieving more success than giant coins, seeing as SEC has circled them and their standings falling. The developers use an agile methodology, making development and deployment fast by using feedback.

The project’s total token allocation is 750 million tokens, and 72.5 million tokens are allocated for the current funding stage. WERX is currently at $0.041 and has been rising rapidly lately.

Investing in the project gets investors a 15% purchase bonus plus a referral bonus and assured investment security. By reducing the team’s tokens allocation to 7%, locking said tokens, and renouncing smart contract ownership when it gets listed on centralized exchanges, Uwerx has undoubtedly proved that it is here to give investors massive gains in the long run. The tokens were locked on Wednesday, June 7.

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Moreover, the Uwerx Vault has been provided to help users store their tokens for chosen durations while getting rewarded. Giving investors more returns on investment is one of Uwerx’s aims, and they have shown it with various moves.

A Test Airdrop will be conducted to help users validate their wallet addresses. 98.2% of the community voted for the Test Airdrop.

Furthermore, the developers are making Uwerx Alpha Version seamless. They provided many features, 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. Users can email feedback to [email protected].

On Saturday, the 29th of July 2023, at 18:00 UTC, there will be a rise in price from $0.05245 to $0.0564. Instead of the initial plan for a 10% increase, the adjustment has been scaled down to a more moderate 7.5% hike.

It is unknown whether or not Kin (KIN) and XYO Network (XYO) will scale through their legal battles. This development could make holders pull their funds and look elsewhere.

At the same time, Uwerx is delivering massive gains, which makes it investment worthy. The project has shown resilience in the volatile crypto market, and analysts believe this will continue.

Follow the links below and enjoy a 15% purchase bonus now!

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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Disclaimer. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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