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After an extremely good spell for many tokens, the market appears to be slowing down significantly. This means less profits and in some cases even losses. As always investors are reacting to these changes by finding ways to benefit from recent movements.
These choices become even more important with the unpredictable market that can swing one way or the other. In this article, we enter into the mindset of investors to see what coins they are considering and if they are good picks. Our analysis will highlight Ethereum (ETH), Dogecoin (DOGE) and Kelexo (KLXO) to show which is best for investors.
Most would have expected Ethereum (ETH) to Hit $4,000 by now. After all, it had monstrous momentum and easily skipped past $3,000 and $3,500. Ethereum (ETH) isn't quite there yet but is not far away either. It trades just above $3,800 at the time of writing, with good support levels.
A decline in the growth speed of Ethereum (ETH) isn't anything to fret about. It could even be a blessing in disguise, allowing investors to get some of the token before another rally.
The meme coin space saw more excitement and activity as many tokens rose on the charts. Dogecoin (DOGE) in particular doubled in value in a few hours. Many experts were not convinced by this move and they may have been right.
Dogecoin (DOGE) would prove unsustainable as it retraces to around $0.14 in intra-week trading. Dogecoin (DOGE) does improve from this at the time of writing, placing at $0.1709, but it raises fears that another drop could be likely. For now, it has grown by 35% since March started.
More positives have come out of the new project, Kelexo (KLXO). Reports suggest that it has seen a huge number of signups in the last two weeks. It appears that Kelexo (KLXO) is gaining more traction as time goes by, perhaps as a result of more exposure.
Kelexo (KLXO) is a decentralized lending platform. It takes only the most basic information from users, just a name and email address, to create accounts connected to others across the world. After joining Kelexo (KLXO), users can list loans with their terms or take a listed loan.
Everything is simple, fast, direct and completely transparent. Kelexo (KLXO) is primed to be the future of lending.
It could also be the key to the future of investors. Kelexo (KLXO) sells at $0.04, making it one of the cheapest options on the market. With 100x predictions, it also has potential higher than most of the market.
This great combination suggests Kelexo (KLXO) could be extremely profitable. Modest predictions say that Kelexo (KLXO) could start producing great returns as soon as 8 months after launch. If the long term is too much of a wait, presale investors also earn from transaction fees on Kelexo (KLXO) relative to their holdings.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
