Ethereum (ETH) is struggling to keep its token price above $3000 and, of course, this is affecting other cryptocurrencies. With such a large and influential network suffering from market fluctuations, it’s normal for investors to seek refuge. Kelexo (KLXO), with its proposed P2P lending platform, is attracting traders from Tether (USDT) and Trezos, who see the project’s potential in its 25X profit forecast.
By eliminating the bureaucracy of identity checks and intermediaries, the platform plans to connect investors and borrowers, all at a reduced cost. Especially for pre-sale investors who, in addition to having even lower costs, will get exclusive rewards.
Tether (USDT) : Market capitalization passes $109B
Last year, Tether (USDT) made an annual profit of more than $6 billion, with its market value almost reaching $100 billion. One of the most reliable cryptocurrencies on the market, with its value pegged to the dollar, it serves as a refuge at this time of instability in the asset market. The stablecoin has been expanding its base in an attempt to maintain liquidity.
The network has big projects coming up this year related to Web2’s centralized services and the strict policy of holding reserves, such as US Treasury bonds, money market funds and even gold, is a big draw for users and investors. With a transaction volume of $48B in the last 24 hours, is a token that is managing to maintain its position, despite the huge fluctuations of the last week.
Tezos (XTZ): Daily transaction volume falls, but token price shows signs of recovery
The “Nairobi” upgrade expanded the processing capacity of the Tezos (XTZ) network, increasing the number of transactions per second by 8 times. The partnership with Google Cloud for blockchain solutions for Web3 application development is another thing that may be affecting the crypto price. Although the transaction volume over the last 24 hours has fallen to $25.95M, the token’s market capitalization is more than $1.04B.
The project to reach one million transactions per second proposed in 2022 has been achieved. This shows the company’s focus and its ability to deliver what it promises makes investors optimistic about the price of Tezos (XTZ) in the long term.
Kelexo (KLXO): 25X profit potential attracts big investors interested in P2P lending project
Using blockchain technology to offer fast transactions at a reduced cost, Kelexo (KLXO) wants to offer a differentiated service in the peer-to-peer lending market. The lack of KYC verification is one of the project’s advantages, making it easy to access the platform and everything it offers. The site’s clean layout allows you to find all the information and resources intuitively, ideal for less experienced users.
For those who intend to invest in the token, the platform offers exclusive rewards, such as an investment tool and special offers. The price in the second presale phase is set at $0.05. The promises are of higher interest rates and profit potential of up to 25 times the amount invested. With all these benefits, the project has attracted a lot of attention from high-profile investors.