The Easter holiday could be a gift for cryptocurrency investors as they are spoilt for choice. The cryptocurrency market has been through difficult times in the past few weeks. The turbulent times led to Bitcoin (BTC) falling from above $73,000 to less than $62,000. Recently, the market faced downside pressure after KuCoin found itself in the crosshairs of U.S. authorities.
All this now seems like a distant memory and investors are ready to open their purses to buy new or additional cryptocurrencies. Kelexo (KLXO), the newest kid on the block, is attracting Stellar (XLM) and Ethereum Classic (ETC) investors who are eyeing 85X gains.
Let’s go over the details that make Kelexo (KLXO) a good investment option for Stellar (XLM) and Ethereum Classic (ETC) holders.
Stellar (XLM) Undergoes Protocol 20 Upgrade
Stellar (XLM) recently experienced a significant boost following the successful implementation of the Protocol 20 upgrade on its mainnet. This upgrade lays the foundation for Soroban smart contracts, helping Stellar (XLM) to compete with other smart-contract platforms.
With optimism running high, investors are hopeful that Stellar (XLM) could potentially reach new highs. Stellar (XLM) has a price of $0.6307 at the time of writing, gaining only 13% in the past month. The ongoing developments with the Stellar (XLM) network underscore that it is an important part of the crypto ecosystem.
Is Ethereum Classic (ETC) a Good Investment?
Ethereum Classic (ETC) typically functions as a more economical alternative to Ethereum (ETH) and closely mirrors its price movements. While Ethereum Classic (ETC) often operates under the radar, it has recently garnered significant attention from investors, particularly as U.S. regulators weigh decisions regarding Ethereum (ETH) ETF applications.
With Ethereum’s (ETH) impending transition to a Proof-of-Stake model, investors who favor the Proof-of-Work consensus mechanism may increasingly turn to Ethereum Classic (ETC) as an alternative. Currently priced at $32.43, Ethereum Classic (ETC) has experienced a notable increase of approximately 14% compared to its value a week ago.
The looming regulatory decisions surrounding Ethereum (ETH) ETF applications have thrust Ethereum Classic (ETC) into the spotlight, prompting investors to reassess its potential value and utility. As uncertainty looms over Ethereum’s future trajectory, Ethereum Classic (ETC) emerges as a viable option for investors seeking stability and continuity within the Proof-of-Work framework.
The recent price surge of Ethereum Classic (ETC) underscores growing investor interest and confidence in its long-term viability. As market dynamics evolve and regulatory landscapes shift, Ethereum Classic (ETC) remains a compelling alternative for investors seeking exposure to the Ethereum ecosystem while maintaining adherence to the Proof-of-Work consensus mechanism.
85X Gains Await Kelexo (KLXO) Investors
Kelexo (KLXO) is harnessing the power of cutting-edge technologies like artificial intelligence and blockchain to deliver a state-of-the-art lending platform. The new lending platform is tipped to attract users because it has no KYC requirements, allowing more people to utilize the lending platform. This makes Kelexo (KLXO) a true DeFi platform because it will serve people who may not access lending and borrowing services from traditional financial institutions.
Kelexo (KLXO) has the backing of top-tier investors who are buying tokens during the ongoing tokens. Stage 2 of the presale is underway and even retail investors are enticed by the low price of $0.05 per coin. The enthusiasm around Kelexo (KLXO) is growing and the community is dedicated to seeing the project reach its full potential.
It does not come as a surprise that Stellar (XLM) and Ethereum Classic (ETC) investors are projecting 85X gains in the coming months.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
