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- Cryptocurrencies
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- Industry
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Chainlink (LINK) and Dogecoin (DOGE) investors in the green are booking some profits and reinvesting them into projects with a high likelihood of turning a better return on investment while Ethereum (ETH) is hot and riding a hot streak past $3,850 as of press time. One thing Ethereum (ETH), Chainlink (LINK) and Dogecoin (DOGE) holders have in common is a good number of them are investing in Kelexo (KLXO), a revolutionary new DeFi lending protocol which industry analysts believe could hit a 50x in the next bull cycle. Here's why.
Decentralized oracle provider Chainlink (LINK) has turned in a solid performance in 2024 with its slow yet steady rise from single digits to briefly breaking past $20 in the past 24 hours of trading. However, Chainlink (LINK) seems to face impenetrable resistance at the $20 mark, seeing massive sell-offs each time Chainlink (LINK) threatens to break out of that level towards the next leg up at $25 to $30. That has led to Chainlink (LINK) underperforming relative to other altcoins like Dogecoin (DOGE) which have taken full advantage of the rising interest in Ethereum (ETH).
Ethereum (ETH) flirting with the $4,000 mark trickled down to big increases for the meme coin sector. One of the big gainers is the largest meme coin by market cap, Dogecoin (DOGE), which is up 29% in the past month. However, the gains corrected after testing $0.20, falling to $0.16 during mid-week as traders took profits. Nevertheless, Dogecoin (DOGE) looks like a good value to retest $0.20, trading at $0.18 as of March 9th.
Kelexo (KLXO) is a decentralized lending platform that Chainlink (LINK) lenders and borrowers under one marketplace where they could connect. Lenders will be able to freely earn a passive income from putting up loans on the Kelexo (KLXO) marketplace, while borrowers can gain instant access to credit with minimal KYC, long wait times and the lack of red tape associated with lending and borrowing from traditional lending platforms.
Kelexo (KLXO) is designed to be the future of lending and as such is ultra-simple, lightning fast, 100% transparent and lightning fast. Kelexo (KLXO) is also a steal at just $0.04, with plenty of potential for growth, making it a must-have for investors.
This winning combination means that Kelexo (KLXO) should be yielding significant returns as early as 8 months after launch with some analysts predicting Kelexo (KLXO) could trade at a 50x gain or $2 by the end of the year. In addition presale investors can earn from their holdings based on transaction fees of Kelexo (KLXO). Sounds good? Join the Kelexo (KLXO) presale today.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
