In the crypto world, investors are always on guard and searching for the next big thing that could rock the market and become a success like Bitcoin (BTC) and Ethereum (ETH). The new lending platform is proving to be a goldmine for investors. Analysts believe this new platform can bring in high returns up to 20x before the end of the year.
Kelexo (KLXO) is a decentralized lending platform that is rising to the forefront of the crypto market. Ethereum (ETH) and Polkadot (DOT) investors are seeking high-yield projects in the industry and the exciting progress that Kelexo (KLXO) has made in presale has caught their attention.
There were big hopes for Ethereum (ETH) as the network planned its Dencum upgrade. Many analysts had predicted that this would lead to an upsurge in the price of Ethereum (ETH) but at the moment the reverse is the case.
Ethereum (ETH) has dropped by more than 9.6% in the last 7 days. It is currently trading at $3,299.68, which represents a drop of about 5.9% in the previous month. Ethereum (ETH) has a 7-day trading volume of $126 billion. Its market cap has dropped below $400 million and is currently at $398 billion.
Crypto experts believe that Ethereum (ETH) will bounce back soon enough and begin to climb towards the $4,000 mark. A more bullish prediction puts the price of Ethereum (ETH) at $5,000 by the end of the year.
Polkadot (DOT) has dropped by more than 14% in the past 30 days and is currently trading at $8.60. The coin is ranked #13 in the world by CoinMarketCap based on its market cap of $12.32 billion.
In the last 7 days, Polkadot (DOT) has fallen by about 11.93% raising concerns in the heart of investors. Polkadot (DOT) has support at $7 and analysts believe that a drop below this level may drive the price to as low as $5. Polkadot (DOT) has a 7-day trading volume of $1.88 billion.
For those who are familiar with the lending industry, Kelexo (KLXO) comes as an improvement to the existing platforms. The new lending platform has packaged itself as a game changer in the industry no one is disputing that fact. Its popularity among borrowers and lenders continues to grow and investors are buying into it.
In the first stage of its presale, Kelexo (KLXO) is already the talk of the crypto market with its incredibly low transaction fees, instant payouts and fast transaction time. The elimination of KYC documentation and its replacement with a simple signup form makes the onboarding process quick and easy.
Kelexo (KLXO) users can also profit from the platform and earn money by engaging in simple tasks and hitting significant milestones. With its swap service, users can easily switch between various cryptocurrencies at zero cost.
A token of Kelexo (KLXO) is available for as little as $0.05, a low price position that experts believe is the lowest the coin will ever be. As Ethereum (ETH) and Polkadot (DOT) users find their way into Kelexo (KLXO), analysts are even more confident that the coin will bring in massive gains.
You can find out more about the Kelexo (KLXO) presale by clicking the link here.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.