The crypto market is fast-paced and highly competitive. New projects spring up now and then that attract users and investors. Some of these become big and part of the mainstream while others fizzle out, never really delivering on expectations of them.
Kelexo (KLXO) is a new project in focus now and many observers say it could be one of the more successful ones. It is considered a revolutionary introduction and the next big DeFi protocol. We check out its chances of success, especially in light of recent investments from Cardano (ADA) and Solana (SOL) holders.
Cardano (ADA) has been one of the harder tokens to predict this year. It has seen spikes when it was expected to stay stable and declines in periods when the rest of the market was on the up. Right now, the general feeling is that Cardano (ADA) should end the month neutral.
February was kinder to Cardano (ADA) and it has increased by almost 30% from the start of the month. The only frustration would be that Cardano (ADA) could have been much higher, as it did show signs of a rally at significant points in the month. Cardano’s (ADA) $0.6214 at press time is expected to last till the new month, a positive sign despite a small decrease from a week ago.
With little left in the month, it could be a surprise if Solana (SOL) saw yet another rise before the new month. Solana (SOL) looked like it was going to end the month in red, declining to $100 but it has pulled back now.
Investors will hope it carries over some of that momentum and can end the month at least $110. This may not be feasible but Solana (SOL) would still register an impressive 20% gain over January should it close this month at its current price of $109.74. Solana (SOL) holders will be hoping for a better, more stable, performance in March or viable alternatives in the absence of this.
Kelexo (KLXO) is simply a crypto-lending platform where borrowers and lenders interact for flexible loans across the world. The project is focused on making the process of getting (and repaying) loans much easier for the average user. It will be one of the earliest web3 platforms to apply a fully decentralized business model, creating more accessible and user-friendly loans.
Apart from its utility, the potential of Kelexo (KLXO) is also impressive. Speculation is that it could do 30x in under 15 months post-launch. Experts also predict that Kelexo’s (KLXO) future could include reaching blue-chip status.
Yet, for all these benefits, Kelexo (KLXO) comes in at a bargain price of $0.028 per unit. This makes it a huge but also widely accessible high-potential asset. However, this price lasts for only its presale so it is best to buy Kelexo (KLXO) now.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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