The Kelexo (KLXO) token is a protocol many traders buy into. In the last 48 hours, the protocol has gained an increase in capital funding. An anonymous X user tweeted that Donald Trump could have bought into the crypto lending platform presale.
While we cannot confirm this, it is no news that Donald Trump’s new stance on cryptocurrency has brought cash into the crypto space. Amidst those buying into the Kelexo (KLXO) protocol are Bitcoin (BTC) and Dogecoin (DOGE) whale investors.
Rumor has it that they are doing this because a crypto analyst has tagged the Kelexo (KLXO) token as the blue chip crypto of 2024.
Is Dogecoin (DOGE) worth buying in 2024?
Dogecoin (DOGE) is now selling for $0.086 per token. As a meme token with the full support of Elon Musk, Dogecoin (DOGE) is a favorite in the market. A market analyst has criticized Dogecoin (DOGE) for its lack of functionality in the grand scheme of the market and for charging its holders for fake market activity.
As of writing, Dogecoin (DOGE) now has a total market cap of $12B and trades about $283M worth of tokens daily. Since Dogecoin (DOGE) is a meme token, its holders buying into Kelexo (KLXO) is a good strategy.
Is Bitcoin (BTC) market hegemony ever going to end?
Some traders consider the Bitcoin (BTC) dominance in the crypto market uncanny. Since its launch, Bitcoin (BTC) has held hegemony over the market. As of writing, Bitcoin’s (BTC) total market capital is $1T, with the next token Ethereum (ETH) at $323B.
With just 19.6M tokens in circulation, Bitcoin (BTC) is highly sought-after. Now trading above the $50K market, early Bitcoin (BTC) investors are the happiest. As all intelligent investors know, investing in Bitcoin (BTC) at presale was the way to go and the story is similar to Kelexo (KLXO).
Kelexo (KLXO) to be the blue chip of 2024
The Kelexo (KLXO) token could be the blue chip token of 2024. Early into its presale, a whale investor put 20 Ethereum (ETH) tokens up for loan on the Kelexo (KLXO) platform. In recent days, we have also seen a French hedge fund pour capital into Kelexo (KLXO). With all of this market activity around the platform, its numbers are growing impressively.
Kelexo (KLXO) has announced that its user sign-up has increased by over 5,000. Also, its investors keep piling up daily. As of writing, the Kelexo (KLXO) token is selling for just $0.028.
With a total supply of 440 million, Kelexo (KLXO) is looking to keep its token scarce, thereby drawing up value for its early investors. Investors are kept safe by the liquidity lock for life and the team token lock for a 1,000-day check put in place. With this, users and investors know the token is not a scam.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
The post Did Donald Trump invest in Kelexo (KLXO) presale and why has more Bitcoin (BTC) & Dogecoin (DOGE) whales followed suit? appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.