The market surge is wearing off. The crypto market is correcting itself and tokens are dropping back. The hope of all investors who weren’t smart enough to diversify their risk may just be losing their profit in the coming days. For Chainlink (LINK) and Dogecoin (DOGE) holders, their tokens are currently facing market resistance after an almost impossible surge in the last seven days.
Amidst all of these, the Kelexo (KLXO) presale continues to excel with advancement into presale stage two. Now selling for $0.038 per token, Kelexo (KLXO) has become the go-to revenue-boosting and risk diversification platform.
Dogecoin (DOGE) ranks #9 by market cap
The sensational meme token, Dogecoin (DOGE) has increased in market value over time. After gaining an impressive 71.09% market value, Dogecoin (DOGE) has a total market capitalization of $20B. With a daily average trading value of $4B, Dogecoin (DOGE) holders have been asked to diversify their portfolio with the Kelexo (KLXO) protocol.
This is because the question of functionality still surrounds Dogecoin (DOGE) and many crypto analysts still believe the token’s worth is only tied to celebrity figures. Elon Musk has tweeted that he’s never letting Dogecoin (DOGE) off his portfolio, which has also influenced other investors.
Chainlink (LINK) ETF to increase its token value
Chainlink (LINK) was launched in 2017 and has grown into a diverse network driven by a large open-source community. At launch, the Chainlink (LINK) protocol allows two or more blockchains to connect through data transfer. Since then, the platform has seen innovations and upgrades.
The Chainlink (LINK) token has grown impressively over time. Now selling for $21.27 per token, Chainlink (LINK) is currently ranked #11 by market capitalization. As of writing, Chainlink (LINK) is now trading about $718M worth of tokens per day. Investors hope the newly emerged Chainlink (LINK) ETF will drive more investment in the protocol.
Kelexo (KLXO) is a peer-to-peer, fully decentralized platform
The Kelexo (KLXO) protocol is a crypto lending platform. Designed as a decentralized system on the blockchain, Kelexo (KLXO) is to be launched on Web3. As a peer-to-peer system, Kelexo (KLXO) differs from conventional crypto sites that use liquidity pools to facilitate crypto lending. These changes and more are why Kelexo (KLXO) differs from platforms like Aave.
As a first mover in the crypto lending industry, investors have questioned trust in the Kelexo (KLXO) platform. They wonder if the platform is safe and not a scam by fraudulent crypto community members. To engage this an audit report was released by Kelexo (KLXO) and its security measures were explained.
For security, Kelexo (KLXO) will have its liquidity locked for life. There will also be a team lock for 1,000 days, which gives skeptical investors enough time to pull out their investment if they are still trying to figure out the platform post-market entry.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
The post Kelexo (KLXO) Continues to Excel as Chainlink (LINK) and Dogecoin (DOGE) Face Market Resistance appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.