As an investor in the crypto market, one must always be forward-thinking. Renowned projects like Arbitrum (ARB) and Chainlink (LINK) are faltering. While many hold on to their fleeting name, smart investors are already showing interest in Kelexo's (KLXO) presale. But why the incredible interest in such a new project and how do they justify it? Read on to find out.
Kelexo (KLXO): The Latest Allure of The Crypto World
Kelexo (KLXO) is a crypto project that will provide a different perspective on borrowing and lending. It's a web3 marketplace that connects borrowers and lenders on a decentralized font – without the need for a middleman.
Just 48 hours after the presale was launched, the project had witnessed over 4000 sign-ups – due to its excellent entry point of just $0.022 per token. The presale is still in the first stage and the token has seen over 218% price increase. At this growth rate, experts believe that KLXO is capable of doing a 25x run within the next 6 months.
An excellent price action is not the only thing piquing investors' interest in Kelexo (KLXO). The platform also comes with other alluring features. These include a no-KYC onboarding process, a swap service, locked liquidity and a debit card for users to spend the funds in their Kelexo (KLXO) wallet.
Arbitrum (ARB)'s Struggle in The Bearish Market Continues
Arbitrum (ARB) was launched in 2021 as a layer-2 scaling solution that allows fast smart-contract transactions while reducing transaction costs. Despite being a success post-launch, Arbitrum (ARB) has spent a very long time at the bearish ends of the crypto market.
Over the last year, it has gradually lost over 84% of its ATH value despite growing ecosystem development and TVL ($2.587B). This bearish price action has been the major reason why Kelexo (KLXO) is snatching investors away from Arbitrum (ARB).
Chainlink (LINK): Investors Continue to Defect as Kelexo (KLXO) Shows Better Prospect
Chainlink (LINK) has also struggled to hold its ground in the crypto space and investors are beginning to lose their patience. Like Arbitrum (ARB), Chainlink (LINK) saw some institutional adoption and partnerships, especially with L2 networks.
Chainlink (LINK)'s ingenuity and allure for real-world application couldn't save its plummeting value. Over the last 30 days, Chainlink (LINK) has declined – with about 7.92% loss.
Chainlink (LINK) is currently priced at $14.24 with a total market cap of $8.08B. With this poor market performance, investors are seriously losing interest in the project and many of them are convinced that a better investment choice is Kelexo (KLXO).
Conclusion
Aside from the fact that Kelexo (KLXO) comes with a lot of very promising offers, projects like Arbitrum (ARB) and Chainlink (LINK) have not been doing enough to keep investors hooked. With everything discussed in this piece, it's beyond justified that investors' bias is towards Kelexo (KLXO).
Find out more about the Kelexo (KLXO) presale at their official website.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
