Big money is being made in Bitcoin (BTC) and Ethereum (ETH) right now and there is much speculation that these could continue throughout the month. Dogecoin (DOGE) has also seen massive growth in the last few days as memecoins pump across the market. But how high they could go and if investors should buy now remains unanswered.
There are also questions as to what could be behind these movements and what comes next. We attempt to analyze and answer all these questions to inform readers. We also present a growing opportunity within the market Kelexo (KLXO).
Bullish Bitcoin (BTC) Set to Break Record
In what has been an amazing year for Bitcoin (BTC), it has nearly doubled in value in just three months. Bitcoin (BTC) trades at $67,815.46 at the time of writing, a massive upgrade compared to sixty days ago. With an 18% rise from 7 days ago, Bitcoin (BTC) is close to $68,000.
It seems like only a matter of time before Bitcoin (BTC) reaches its highest price ever. Predictions are that a new all-time high could be set at $84k or even as high as $102k after the halving.
Ethereum (ETH) at $3.8K
Ethereum (ETH) briefly went above $3,800 in intra-week trading as it kept up momentum toward $4,000. It now trades over 16% above prices a week ago. Ethereum (ETH) is rising across charts with bullish signs that impress investors.
The most gains are seen compared to a month ago, with an over 63% improvement in that time. Ethereum (ETH) changes hands at $3,797.84 at the time of writing.
Is The Dogecoin (DOGE) Rising Over?
Some experts believe that Dogecoin (DOGE) rise may be ending as quickly as it began. Recall that Dogecoin (DOGE) saw a sharp uptrend, reaching $0.175 in under two days. It has continued growing, reaching $0.1893 at the time of writing.
Despite this 90% rise from a week ago, experts say that Dogecoin (DOGE) could stop growing by the end of the week. Investors should be on their toes but it should be noted that this is very speculative.
Kelexo (KLXO) Attracting Bulls
More funds have been invested into the DeFi project, Kelexo (KLXO) which is attempting to reform lending. It is a decentralized ecosystem for global lending. Many Ethereum (ETH) and Dogecoin (DOGE) have picked it as the investment of choice.
It is cheap and this certainly affects how investors perceive it. Kelexo (KLXO) sells for $0.028. Investors appreciate low-cost assets since they have a lower risk of losses and could bring more returns from smaller capital.
The utility is another piece of the attraction. Projects like Kelexo (KLXO) that have significant real-world value are popular with investors. Creating value is the easiest path to success and investors look to be part of this. More investors could join the Kelexo (KLXO) presale soon, especially among veteran traders.
We think this is fitting for the prospects of the project.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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