![]() ![]() The cryptocurrency dropped below USD 0.30 for the first time early on 12 May, hitting a low point of USD 0.21 as of in the morning of the 12th, based on Binance data. Do your research and invest at your own risk.The price of LUNA, the native token of the Terra blockchain, has hit new market lows Thursday morning. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. You can take a chance on Uwerx today and enjoy purchase bonuses by clicking the links below.ĭisclaimer: This is a paid release. Terra (LUNA) and DerivaDao (DDX) have experienced turmoil due to restrictions imposed by the exchange.Īt the same time, Uwerx (WERX) has seen its presale soar as investors recognize its potential to revolutionize the freelance industry. The recent regulatory issues faced by Binance have had effects on different tokens in the cryptocurrency market. These limitations, affecting Binance users across different countries, including the United States, have led to a significant decline in liquidity and trading volume for DerivaDao (DDX).ĭerivaDao (DDX) must address regulatory concerns and adapt to the changing landscape by implementing robust compliance measures and actively engaging with regulators.ĭerivaDao (DDX) can rebuild investor confidence and mitigate the impact of Binance’s regulatory challenges on its activities and investor sentiment by demonstrating a commitment to meeting regulatory requirements and providing a secure and compliant trading environment. Being heavily reliant on Binance as a primary trading platform, the imposed restrictions have severely affected the accessibility and trading activity of DerivaDao (DDX). The regulatory challenges imposed by SEC have had a major impact on DerivaDao (DDX). DerivaDao (DDX): Battling Regulatory Headwinds Introducing new evidence raises concerns about the outcome and potential ramifications for Terra (LUNA) and its founders. ![]() The SEC has presented additional evidence to the court, which could sway the case’s outcome against Terra (LUNA). While Terra (LUNA) has received a favorable ruling from a South Korean court, declaring it non-security, the SEC remains steadfast in pursuing its charges. These allegations suggest that Terra (LUNA) may have engaged in unlawful activities and violated regulatory requirements to protect investors and ensure fair market practices. The SEC’s charges against Terra (LUNA) are significant and potentially affect the ecosystem. The SEC has charged Terra (LUNA) founders with fraud. Terra (LUNA): Weathering the Stormĭue to SEC’s regulatory issues, Terra (LUNA), a token associated with the Terra blockchain platform, has experienced a turbulent period. With the remarkable success of its presale, analysts foresee an impressive growth trajectory for Uwerx, projecting its value to soar to $1.243 by Q4 2023 and an impressive $2.101 by Q2 2024. The price will rise from $0.05245 to $0.0564 during this event. A price increase for the tokens, along with a generous 15% bonus, is scheduled for later today at 18:00 UTC. With a thorough validation process for receiving wallet addresses, Uwerx ensures transparency and fair distribution of rewards, fostering a strong bond with its dedicated community.Īs Uwerx prepares to list on centralized exchanges, its developers will relinquish their smart contract rights to the project, solidifying its decentralized nature. In response to an overwhelming 82.8% community consensus, Uwerx executed a 9 months lock on its developers’ liquidity on June 7th, 2023, providing robust protection against potential rug pulls.įurthermore, an impressive 98.2% community vote has set the wheels for an exciting test airdrop initiative. The Uwerx Vault encourages participation and rewards community involvement, fostering a sense of ownership among users. They have also introduced a Vault system that allows token holders to store their assets for a desired period, earning incentives in return. The team has created a dedicated email,, to collect users’ comments and suggestions. Users can access the platform and its functionalities through the upcoming Beta version.
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