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Dogecoin (DOGE) was one of the biggest gainers of the last bull run in 2021. However, market analysts no longer believe it will be recreated anywhere, even remotely close to its former glories. Chainlink (LINK), on the other hand, has yet again dumped in the last week, as is usually the case. More and more investors are dropping the big gainers of 2021 in favor of newer, more innovative, and more promising projects as investments for 2025, one of which is Kelexo (KLXO).
Is Dogecoin (DOGE) Still Worth Investing In?
Believe it or not, Dogecoin (DOGE), the OG meme coin, is older than Ethereum (ETH). Dogecoin (DOGE) first came out in 2013 and was based on a “lul so random” 2012 meme that featured the iconic “doge” mascot the world came to know and love. Before its rise, Dogecoin (DOGE) had been a dead meme coin. After Elon Musk tweeted about it in 2020, Dogecoin (DOGE) went on an astronomical run that peaked during the last bull run of 2021. However, in 2024, there are much better options to invest in than Dogecoin (DOGE).
The Lowdown on Chainlink (LINK)
Why does Chainlink (LINK) constantly dump? The answer is in volume and tokenomics. You will make money if you invest in projects with healthy volume and solid tokenomics. In the Chainlink example, you can check the whale wallets and find that the red candles on its chart represent whales dumping on you. Chainlink is a perfect example of this. Who are these whales? They come from pre-allocated tokens the founders gave themselves, VCs, developers, and ecosystem grants. If your project has any of these properties, it is very unlikely your coin will have fantastic price performance. And therein lies the rub for Chainlink (LINK)
Kelexo (KLXO) Leading the DeFi Narrative in 20243
DeFi is coming back. That’s not a prediction; that’s a spoiler. As evidenced by the rise of the total locked value from $20 billion in September 2023 to $80 billion as of February 2024, it’s only a matter of time before DeFi returns in a big way. One of the projects expected to play a significant role in the future of DeFi is the peer-to-peer lending marketplace Kelexo (KLXO).
Kelexo (KLXO) is introducing the pioneering decentralized lending marketplace, revolutionizing the peer-to-peer lending sector and enabling Web3 users to access cryptocurrency loans easily. Lenders can conveniently offer loans and generate passive income through interest on their crypto holdings, while borrowers can effortlessly access specialized cryptocurrency loans on the Kelexo marketplace. Furthermore, Kelexo holders will receive a share of the profits from the Kelexo marketplace, offering them passive income based on the quantity of tokens they possess.
As of stage 1, Kelexo tokens are available at just $0.028. With market analysts predicting Kelexo (KLXO) to trade at $1 by the end of the year, prospective investors could be sitting on a gold mine when the next bull run comes around. Don’t miss this one out join the Kelexo (KLXO) presale today.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
