Kelexo (KLXO) Sees Surge in Interest from Shiba Inu (SHIB) & Ethereum (ETH) Investors, Offering Respite from Market Volatility

According to the CMC Crypto Fear & Greed Index, the crypto market is in extreme greed. This does not come as a shock given that investors are looking to recover their losses and even make more gains after the recent dip in the crypto market. Shiba Inu (SHIB) and Ethereum (ETH) investors especially, after seeing prices drop significantly, are looking to invest in new cryptos capable of giving them gains.

Shiba Inu (SHIB) investors eyeing new crypto opportunities amid recent dip

Despite enjoying a steady rise from the end of last year and reaching its biggest high since 2021 earlier this month, Shiba Inu (SHIB) has now become one of the many cryptocurrencies to experience a notable decline. Shiba Inu (SHIB) has fallen by a massive 19% within the last few days. With trading volume within the last 24 hours at 13%, investors are slowly backing out and focusing on new projects. Analysts have singled out Kelexo (KLXO) from the many emerging crypto projects as they believe in its growth potential. Kelexo (KLXO) is now drawing attention from  Shiba Inu (SHIB) investors as they see the project as an opportunity to recoup their losses.

Ethereum (ETH) investors explore new crypto prospect

Ethereum (ETH) like Shiba Inu (SHIB) has also seen a significant fall in price despite its recent success. It recently climbed past the $4k mark just days ago but its steady run was halted by a sharp fall which has nearly wiped out profits gained by investors. Ethereum (ETH) has dropped by about 7% in the last 24 hours, adding to the 17% fall noticed in the last few days. The experts are yet unsure of how much more Ethereum (ETH) will fall before beginning its comeback and so like with Shiba Inu (SHIB), Ethereum (ETH) investors are now looking to Kelexo (KLXO) to recover their losses and possibly make more gains.

Kelexo (KLXO)

Kelexo (KLXO) is the latest promising crypto project to draw interest from the cryptocurrency community. It is designed to be a web3 marketplace for connecting loan lenders and borrowers where loans can be obtained as crypto. It eliminates the need for a middleman to authorize transactions, empowering peer-to-peer lending.

Users can sign up on the platform quickly without wasting time filling out many KYC forms and be able to list their loans online as lenders, state how much they are willing to borrow and the length of time for the loans and express their preferred interest rates or find lenders to finance their loans in the case of borrowers. The platform offers several incentives to users like better security and transparency due to its decentralized nature, lower fees for users compared to traditional marketplaces and instant payouts for both borrowers so that transactions don’t take days to be completed. Kelexo (KLXO) also has a crypto swap service where different cryptos can be exchanged with zero commission charges. 

It is currently in the second stage of its presale and selling for $0.05. Based on our analysis, we believe that this could be a promising investment opportunity.

To find out more about Kelexo (KLXO) presale visit here.

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