According to experts, the future is synonymous with DeFi and with the much-anticipated Bitcoin (BTC) halving ever-so-close, investing in decentralized projects now could yield a sizable return on your investment. As a result, seasoned traders have been monitoring Kelexo's (KLXO) gains even during the initial stages of its presale, specifically traders from the communities of THORChain (RUNE) and Fantom (FTM).
THORChain (RUNE) Looking More Bearish By The Day
THORChain (RUNE) was created by GitLab to make it simple for users to trade crypto across networks. THORChain (RUNE) allows native asset settlements between blockchains. Looking at its market cap, THORChain (RUNE) is ranked #50 today. With a current market worth of $2.4B, THORChain (RUNE) is trading for $7.18, a significant drop from $9.24 on March 22nd, less than a month ago.
These bearish statistics are precisely why such a big portion of the community has been eager to take their funds elsewhere. It is true that there are still long-term holders, however, people have been looking at other options. Experienced THORChain (RUNE) traders are starting to show massive interest towards DeFi, specifically projects like Kelexo (KLXO), projects that bring genuine utility with a serious team and purpose behind them.
Fantom (FTM) Price Behavior, Potential Upward Trend
Despite looking relatively bearish today at around 7% down, Fantom (FTM) has been doing quite well over the past week, as it has been up by 7.8% and even reached the $1 mark. One of the direct acyclic graph technologies available in the cryptocurrency market is none other than Fantom (FTM), which was created to address issues related to smart contracts. Fantom (FTM) is now trading at a price higher than Kelexo (KLXO) at $0.91 per token and almost has a $2.6 billion total market value.
By market cap, the Fantom (FTM) is ranked #48 with this figure. In the upcoming days, Fantom (FTM) is anticipated to see a rise in token value. This is why the community has been so strong, unlike the previously mentioned THORChain (RUNE). This doesn’t mean that experienced Fantom (FTM) traders aren’t also looking at Kelexo (KLXO). They too have been looking to reinvest profits, as they know where crypto is heading.
Kelexo (KLXO) Making Major Waves With Groundbreaking Lending Model
The THORChain (RUNE) and Fantom (FTM) communities have shown a great deal of interest in DeFi projects like Kelexo (KLXO). It is at the forefront of the movement, having been one of the first fully decentralized projects. Comparing Kelexo (KLXO) to typical loan platforms, Kelexo (KLXO) has substantially lower fees and faster financing timelines. On the platform, users may also begin lending money right away without having to do any KYC checks.
Users will be able to see every transaction, making the product transparent and secure. Furthermore, the audit was finished, ensuring user safety. The team tokens will be frozen for 500 days, while the liquidity will be locked for eternity. Experts contend that Kelexo (KLXO), trading at a fair $0.048, is a fantastic offer. This project has the potential to be the next blue-chip crypto, especially since it's still in the early stages of its presale.
Find out more about Kelexo (KLXO) using their 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.
