Price: $0.39661 2.0352%
Market Cap: 58.26B 1.7663%
Volume (24h): 8.81B 0.4%
Dominance: 1.7663%
Price: $0.39661 2.0352%
Market Cap: 58.26B 1.7663%
Volume (24h): 8.81B 0.4%
Dominance: 1.7663% 1.7663%
  • Price: $0.39661 2.0352%
  • Market Cap: 58.26B 1.7663%
  • Volume (24h): 8.81B 0.4%
  • Dominance: 1.7663% 1.7663%
  • Price: $0.39661 2.0352%
Home > Information news > Polkadot and Chainlink bullish, analysts back Kelexo for growth

Polkadot and Chainlink bullish, analysts back Kelexo for growth

Release: 2024/01/23 06:44 Reading: 747

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/65aea73e770ff0411a86042b

Polkadot and Chainlink bullish, analysts back Kelexo for growth

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Chainlink (LINK) and Polkadot (DOT) rank among the top 15 cryptocurrencies by market capitalization. In 2024, Chainlink and Polkadot holders are looking elsewhere with some diversifying into decentralized lending protocol, Kelexo (KLXO).

Polkadot is rising

Polkadot rose 7% in the last 12 months, lagging other altcoins. 

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However, some investors see potential in the sharded multichain protocol’s goal of achieving interoperability between blockchains. 

Analysts say DOT may reach $6.88 by the end of 2024. 

According to market analysts, Chainlink’s recent growth may be attributed to its potential to become a key player in tokenizing real-world assets.

With this, LINK may reach $32 by the end of the year. 

You might also like: stake.link enhances Chainlink staking with new features

At present, Chainlink (LINK) is trading at around $15.

Analysts back Kelexo

There are a variety of industries in which accessibility to credit facilities is a crucial need, and peer-to-peer (P2P) lending has emerged as a major growth sector. 

Kelexo is a web3 decentralized lending protocol currently in its presale phase. 

You might also like: Dogecoin and Solana holders looking at Kelexo presale

It provides a platform for lenders to leverage their crypto assets and earn through interest. At the same time, borrowers can use the platform to achieve their financial goals. 

Lenders’ crypto assets fully collateralize all loans, and the terms and conditions of the loans are smart contracts-guided. 

In the ongoing presale, KLXO is available for $0.022. 

Market analysts believe that Kelexo can attract users, possibly supporting prices.

Read more: Coinbase’s Grewal scrutinizes US GAO’s report on crypto’s role in sanctions evasion

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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