An easy way to navigate the waves in the crypto space is to follow the whales. A crypto whale is someone who holds a significant amount of a token. Whale movements tend to have huge impacts on the value of tokens, either leading to a big increase or a similar decrease.
Our analysis considers some of these actions from Near Protocol (NEAR) & Ethereum (ETH) whales and their likely effects on the market. Kelexo (KLXO), the lending crypto that is being admired by crypto whales, is also examined in the following paragraphs. Read on to find out more.
Marginal Growth for Near Protocol (NEAR)
Entering February at $2.8 in the middle of a rise brought excitement for Near Protocol (NEAR) holders. Expectations were that Near Protocol (NEAR) could double in value by the close of the month, or shortly into March. As the month has progressed, Near Protocol (NEAR) has seen some growth, albeit quite small.
The highest Near Protocol (NEAR) has gone this month, at the time of writing, is $3.1433 and it currently stays at $3.04. While this growth has been appreciable, the long-term outlook still sees Near Protocol (NEAR) 18% less than 30 days ago.
Ethereum (ETH) Whales Reap Rewards, Seek to Reinvest Profits
By Wednesday, 7th of February, Ethereum (ETH) traded at $2,370 per unit. At the time of writing, Ethereum (ETH) has added more than $100 in the last three days, going up to $2,492.85. This is extremely good news for investors with significant holdings in Ethereum (ETH) who will be seeing much profits. With admirable profits, Ethereum (ETH) holders will be considering whether to buy even more of the token or diversify into other tokens.
30x or More for Kelexo (KLXO) Holders
Many whales are closely observing a new project, Kelexo (KLXO), for its rumored returns potential. Several investors have already bought the token and others are weighing their options carefully. Now, speculation is that Kelexo (KLXO) could see a minimum of 30x growth in a short time.
How likely is this and what backs this prediction?
Kelexo (KLXO) will be the first web3 marketplace for loans, fusing decentralization and global online lending. The novelty and strength of Kelexo (KLXO) contribute greatly to expectations around it. Most predictions say that its value should see a spike after launch.
Beyond its unique concept, Kelexo (KLXO) has many solutions to issues around lending. Users will make payments through cryptos they hold, reducing transaction fees that add to the cost of obtaining loans. The speed of blockchain transactions also allows users to get funds without delays.
For $0.048 per unit, investors can get Kelexo (KLXO) while it is in presale. With the predicted returns, investors can get much from it. Stepping in during the presale is the best move because of bonuses like revenue from Kelexo’s (KLXO) transaction fees.