The fluctuation in the crypto market is a significant deterrent for many investors. One moment, a token could be swimming in profits and the next, it suffers a huge loss. However, expert traders have been able to make the best investment choice and, therefore, make profits regardless of the market’s volatility.
With Kelexo (KLXO), there is another opportunity to make profits, as analysts believe the coin could bring in 20x earnings before the end of the year. Bitcoin Cash (BCH) and Ethereum (ETH) investors have begun a switch to the new lending platform as they see an advantage in Kelexo (KLXO). Its unique application of blockchain and AI technology is expected to give it an edge in the market and allow it to thrive amidst the changes in the market.
What you'll learn 👉
Bitcoin Cash (BCH) showing signs of a potential rise
Since the Bitcoin Cash (BCH) halving on April 4th there has been an increase in the accumulation of the token by miners. Before the halving, Bitcoin Cash (BCH) miners offloaded about 2 million tokens; however, following the event, about 110,000 tokens have been added to their reserves.
This is a sign of a potential rise for the token. Investors are usually on the lookout for miners’ activity when a halving occurs to judge its prospects in the short term. Already, the price of Bitcoin Cash (BCH) is rising and it is possible that it could see a further increase that will take it to at least $700 before the end of the year.
Ethereum (ETH) ETF receives approval
Ethereum (ETH) is one of the pioneering blockchain platforms and according to data from CoinMarketCap, it is the second-largest cryptocurrency by market capitalization. Following the approval of Bitcoin (BTC) ETF spots, attention was turned to Ethereum (ETH) for the approval of its exchange-traded funds (ETFs). It has, however, not been as fruitful as most would have hoped, with the US SEC set to delay the approval even further.
Interestingly, Hong Kong’s Securities and Futures Commission (SFC) recently approved the first batch of Bitcoin (BTC) and Ethereum (ETH) ETFs. With this development, Ethereum (ETH) ETFs can be listed on the Hong Kong Stock Exchange from April 30.
Kelexo (KLXO) is making lending and borrowing easier
Loan acquisition has been made much easier with the presale launch of a new decentralized lending platform, Kelexo (KLXO). With this new platform, lenders and borrowers can wave goodbye to the current challenges that plague the industry.
Kelexo (KLXO) takes away the middleman and replaces it with a P2P lending platform where lenders and borrowers worldwide can easily connect and trade. The platform is built on the blockchain and also integrates an AI-based risk assessment feature. With these, not only is Kelexo (KLXO) a safe investment opportunity, but lenders can also accurately assess the risk associated with each investment.
It gets better. Users in the Kelexo (KLXO) platform can easily trade with merchants globally and pay directly from their Kelexo (KLXO) wallet using the debit card provided by the platform. They can also swap between cryptocurrencies with the platform’s exchange feature.
At just $0.055 per token, investors can purchase as many tokens as they wish with only a little capital. According to crypto experts, Kelexo (KLXO) could turn in up to 20x profits before the end of the year, making it one of the most profitable opportunities in 2024.
Don’t miss out on all the information on the Kelexo (KLXO) presale available on its website here.
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
