Eid Celebrations have been in the air over the past couple of days and spirits have been high. People are positive again with a distinct optimistic outlook that has seeped into the crypto community. People have been optimistic about DeFi’s future in crypto and at the forefront of that movement has been Kelexo (KLXO). Investors, specifically from the communities of TRON (TRX) and Dogecoin (DOGE), have been flocking to this project while they can, as it is still in presale.
TRON (TRX) Price Movement and Effect on DeFi’s Future
TRON (TRX) price has been quite steady over the past week, as it hasn’t increased more than 1% and it hasn’t been bearish either. The community hasn’t made too much money, but their funds have been secure in the token, which is more than you could say for a lot of other top altcoins. Experts predict that it could quite easily have another bullish run ahead of the halving
Many Ethereum (ETH) users continue to be dissatisfied with the absurd gas pricing and if DeFi were to accept a fresh influx of customers, gas prices would skyrocket. Not even with Ethereum (ETH) 2.0 has anything changed. With its version of Metamask, an established DeFi ecosystem and a significant stablecoin capitalization, TRON (TRX) has emerged as a viable Ethereum (ETH) clone that lacks all of Ethereum (ETH) acknowledged problems. Going forward, TRON (TRX) might be crucial to DeFi’s multichain future and this utility furthers the community’s belief in the project.
Dogecoin (DOGE) Recovery From Small Correction, Potential Bullish Trend
Investors in Dogecoin (DOGE) have recovered from losing a decent amount of money during the last week as the token’s value decreased to $0.17 on April 10th. But Dogecoin (DOGE), which has a market cap of over $27 billion and is ranked eighth out of 9,484 active cryptocurrencies on CoinMarketCap, continues to be the most popular meme token.
Investors are still upbeat about Dogecoin’s (DOGE) future and anticipate that the token will soon appreciate despite the recent price decline. Dogecoin (DOGE) has increased by 129.9% in the past year and analysts believe that during the next bull market, these numbers may soar even higher. It currently sits at $0.193.
Kelexo (KLXO) Presale Is A Major Priority for TRON (TRX) and Dogecoin (DOGE) Investors
DeFi projects such as Kelexo (KLXO) have garnered significant interest from the TRON (TRX) and Dogecoin (DOGE) communities. Being one of the first fully decentralized initiatives, it is at the vanguard of the movement. When compared to traditional lending platforms, Kelexo (KLXO) offers much lower fees and faster transactions. Users of the platform can also start lending money immediately without completing any KYC checks.
Every transaction is going to be visible to users, resulting in a transparent and safe platform. Additionally, the audit was completed, guaranteeing user protection. The liquidity will remain locked for life, while the team tokens will be locked for 500 days. Kelexo (KLXO), at a measly price $0.048, is a great deal, according to investors. Considering that it is still in the first stage of its presale, this project has the potential to become the next big cryptocurrency.
Find out more about Kelexo (KLXO) using their website!