Ethereum (ETH) influence was evident when its token fell below its standard mark of $3000 and this had an impact on several other cryptocurrencies. This kind of price drop usually affects investor confidence and they start looking for other projects to put their money into.
Affected by the Ethereum (ETH) situation, some Chainlink (LINK) and Stellar (XLM) investors have redirected their eyes to what Kelexo (KLXO) is offering. In presale stage 2, the token of the peer-to-peer lending platform promises a return of up to 25X the amount invested, as well as special offers and exclusive services.
Chainlink (LINK) recovers from a tense month
Chainlink (LINK) token faced a tough April, with its value decreasing since the beginning of the month. But in the last two days, its numbers have started to improve and seem to be on the rise. The decentralized oracle network with advanced Cross-Chain Interoperability Protocol has seen an increase in the number of transactions with the introduction of Staking v0.2.
The current price of the asset is over $15, an increase of almost 6% in one day. The volume of transactions increased by almost 20% in 24 hours, standing at $352.937M. And the market capitalization has also increased and is passing $9.285B. Looking to expand into the DeFi and TradFi market in the coming years, projections indicate further increases in the token’s value.
Stellar (XLM) begins to show signs of recovery after a fall of more than 10%
Stellar (XLM) numbers are in the green again after a few weeks of falling, affected by the global geopolitical situation. The Stellar (XLM) network has the capacity to process up to 5,000 transactions per second with its Stellar (XLM) Consensus Protocol for just 0.00001 Stellar (XLM) per operation. The efficiency and low cost have attracted investors who see the project’s potential. Proof of this is that in the last 7 days, the price of the token has increased by 5%. The trading volume in the last 24 hours was $63.1M and the market capitalization is at $3.37B, both on the rise.
The Stellar (XLM) Development Foundation supports the development of the non-profit network. This helps maintain the transparency and openness of the network for all users, facilitating participation and decentralized governance. With all this, expectations are that the token will increase in value in the medium term.
Kelexo (KLXO) promises higher interest rates with up to 25X return potential
A decentralized P2P lending platform that uses advanced blockchain technology, this is Kelexo (KLXO) proposal. The aim is to offer a secure but efficient loan process, removing intermediaries and reducing costs. To do this, the platform has eliminated a lot of bureaucracy, for example by removing the need for complex identity checks.
In presale phase 2, the Kelexo (KLXO) token is being sold for $0.05. For presale investors, the platform promises extra features and special rewards. For example, even lower fees, advanced investment tools and higher returns due to higher interest rates.
Much more about the Kelexo (KLXO) project on the website.