A market value has hit the Avalanche (AVAX) and Chainlink (LINK) tokens. In the last seven days, the Avalanche (AVAX) and Chainlink (LINK) tokens have lost 8.01% and 7.09% in market value, respectively. This loss is due to market influence, as both tokens are recording a rise in trading volume.
While this happens, the Kelexo (KLXO) token, which is at stage two of its presale, is gaining impressively. Now selling at $0.028 per token, the Kelexo (KLXO) protocol is looking to hit the market at the $1 mark.
Designed to ease data movement between blockchains and external sources, the Chainlink (LINK) protocol provides critical support for blockchains. As an abstract layer protocol, Chainlink (LINK) allows the universal connectivity of smart contracts. News has it that the Chainlink (LINK) token could hit the $40 mark by the end of Q1, but here is its current status.
With a total token supply of $1B, Chainlink (LINK) has a total market capitalization of $10B. As the 12th most powerful token in the market, Chainlink (LINK) trades over $400M daily. Currently, Chainlink (LINK) is trading at $18.42 per token. While the token might grow in the coming days, we vote for a bet on the Kelexo (KLXO) protocol.
Avalanche (AVAX) is a platform for decentralized applications (dApps). As the second most popular blockchain using a smart contract, Avalanche (AVAX) is looking to unseat Ethereum (ETH). After its mainnet launch in 2020, the Avalanche (AVAX) protocol has developed its own community of dApps and DeFi. Avalanche (AVAX) has also had heavy integrations, like SushiSwao and TrueUSD projects.
At this point, investors are wondering what’s next for the Avalanche (AVAX) protocol. This is because the Avalanche (AVAX) protocol has also promised its community of users improved interoperability between its ecosystem and Ethereum (ETH). The Avalanche (AVAX) token is ranked #9 by market capitalization and is worth $36.56.
Kelexo (KLXO) is a cryptocurrency lending platform. The Kelexo (KLXO) project was designed on the blockchain and will be launched on Web3. Kelexo (KLXO) will disrupt the billion-dollar crypto lending industry with never-before-seen changes as a first-time innovation. An example is that Kelexo (KLXO) has found a way to make deposits of withdrawal requests instantaneous instead of waiting for 3-5 days on traditional lending platforms.
With such advancement, Kelexo (KLXO) has promised to deliver faster transactions, security and lower fees to its users. As a decentralized protocol, Kelexo (KLXO) will have its token holders be the governors of the protocol. As long as they hold the token, they will get a chance to vote on all upgrades and features of the platforms.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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