Investors in Chainlink (LINK) and Cardano (ADA) are looking to maximize their profits amid the current market volatility. In order to achieve this, they are turning to Kelexo (KLXO), a new token that is expected to provide 20X returns. Our analysis examines the trends of both Chainlink and Cardano, and assesses whether investing in Kelexo is a smart decision.
Cardano (ADA) has been affected by the bearish trend in the market. Despite an increase in transactions within its ecosystem, including large transactions, the token has experienced negative price action. This has the potential to push Cardano to a new low for the year.
Currently valued at $0.4673 per unit, Cardano is worth 23% more than it was a year ago. However, recent trends have been more negative, with only a 4% gain compared to seven days ago. The token has dropped by a significant 28% since the end of March, following a mostly negative April. If the overall market continues to decline, it is likely that Cardano will continue to experience negative price action.
Chainlink (LINK) has also seen a decline in value, falling below $15 per unit. While it had previously been pushing towards $20, it has now dropped significantly and may continue to do so. Currently valued at $14.47, Chainlink has experienced a 106% increase compared to a year ago. However, it recently suffered a heavy fall after coming close to tripling in value. In the past seven days, it has gained 9% and reached a high of $16 in intra-week trading. Despite this, it has dropped by 23% since the end of March, which is a cause for concern among investors. Additionally, more than half of Chainlink is held by Whales, and if they were to sell their holdings, it could significantly impact the price.
On the other hand, Kelexo (KLXO) has been taking advantage of the post-halving market. This decentralized blockchain project aims to democratize loans, providing users with convenient access to loans without the need for identity verification or complicated processes. The platform operates in a decentralized manner, ensuring transparency and efficiency.
Borrowers and lenders on Kelexo are rewarded, with lenders earning fixed passive income from providing loans. Early investors in Kelexo can also receive rewards through the revenue-sharing program. Currently, the token is priced at $0.055 per unit in the second stage of its presale, offering early investors a lower price and higher returns.
To participate in the Kelexo presale, visit their website. Please note that the above text is an advertorial article and is not part of Cryptonews.com’s editorial content.
