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Kelexo (KLXO) is a new DeFi project that is emerging as an attractive lending platform, attracting the attention of Dai (DAI) and Internet Computer (ICP) investors.
Changes in trends are an important part of trading, and cryptocurrency trading is no exception. Investors always go with the flow to keep their heads above water.Good investors take advantage of changing trends to find ways to improve their positions and avoid risk when markets crash
In our analysis, we looked at the performance of two coins, Dai and Internet Computer.
DAI is slow and stable
Given that Dai is pegged to the U.S. dollar, it remains the coin of choice for investors. As of this writing, 1 Dai is equivalent to 1 USD. Looking at the 30-day performance, there has been little change, recording only a slight correction of 0.01%.
Dai’s stability provides investors with a sense of security, but it leaves a lot to be desired when it comes to growth. The token’s only purpose seems to be a refuge from often volatile markets. Investors can certainly do better than Dai.
Internet Computing (ICP) Highs and Lows
Unlike Dai, the Internet Computer Token exhibits volatility. Over the past 30 days, the price of Internet Computer has gone up and down repeatedly, reaching a high of $16.30 before falling to $11. As of this writing, Internet Computer shares are trading at $12.80, down 18% from a week ago. The 30-day average is $13.5, which indicates positive trends ahead, but doesn’t promise anything.
Still, despite the changes in the market, internet computer cryptocurrencies are still performing well. It remains strong even as prices fluctuate. This shows investor confidence, which could lead to $16 or higher, but investors should be wary of false moves and market pressure. While the signs remain good, investors must be extra cautious given the heightened market volatility.
Promising lending strategies
Kelexo is a decentralized Web3 marketplace that facilitates direct interaction between lenders and borrowers. It eliminates the need for intermediaries and enables users to list loans and transact instantly. With instant payments and lower transaction fees than traditional platforms, Kelexo provides a seamless and cost-effective lending experience.
Kelexo provides opportunities for borrowers and investors. For borrowers, Kelexo offers the opportunity to obtain the funds they need directly from lenders without unreasonable transaction costs, cumbersome procedures and low interest rates.
Kelexo token has the potential to reach 10x the current pre-sale price of $0.05. The pre-sale is in the second stage. Expectedly, payments are based on holdings, so a greater investment equals a greater ROI.
Inevitably, DAI and Internet computer investors may follow Kelexo’s lead and benefit from this lending strategy.
To learn more about the project, visit the Kelexo website
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