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Things can change in the crypto market just like that. It would be impossible to prepare for every single occurrence and contingency, but investors can put themselves in a better position by staying updated.
It is vital to DYOR, but articles like this can be a good place to start and get a general overview of how market sections are performing. In this analysis, we discuss Cardano (ADA) and Dogecoin (DOGE) and their respective opportunities. Our analysis also features Kelexo (KLXO), a new project with “game-changing” potential according to experts.
Understanding the Stalled Growth of Cardano (ADA)
According to CoinMarketCap, at the moment of writing, Cardano (ADA) has gained some 37% from this point 30 days ago. It is fairly good, especially compared to other investments. Its performance compared to 7 days ago could be more impressive.
Cardano (ADA) only gained 0.38% in that time, with very little change. It trades at $0.7438 at the time of writing. In intra-week trading, Cardano (ADA) touched as high as $0.79 and as low as $0.65 for brief moments. Everything from lower transaction volumes to competitive disadvantages has been quoted as responsible for this trend.
Dogecoin (DOGE) Advancing to $0.2
Like many memecoins, Dogecoin (DOGE) has gained significantly in this bull run. Unlike most of them, it was relevant before this boom and will likely remain so long after it’s passed. It is currently chasing the $0.2 and, going by current signs, could hit it next week.
At press time, Dogecoin (DOGE) is worth $0.1813 and rising. The popular memecoin has gained an impressive 121% compared to 30 days ago. A healthy 27% gain has been recorded since March began as Dogecoin (DOGE) continues to establish itself as a serious contender.
Understanding the Innovative Brilliance of Kelexo (KLXO)
Loans have been a part of many societies for a long time. Even in agrarian periods, farmers would obtain loans and repay when they got their harvests. Lending has developed well since then but has many of the same problems.
Most lending platforms can be discriminatory and assign loans to only those they feel serve their interests. The process of getting the loan is needlessly complicated, with multiple stages of identification and many persons who have to look over and authorize. Nothing is wrong with being thorough, but each step typically adds to the delay in getting loans and the cost of repaying them.
Kelexo (KLXO) is the project to change all that. It is a web3 lending marketplace with benefits like low fees, instant transactions, and openness. There is also a VIP Programme and rewards for using Kelexo.
Trading Kelexo (KLXO) seems like a smart long-term move. Kelexo sells for only $0.04 in stage two of its presale. It has fabulous potential up to 30x. Many investors have made their stake out of its 440 million supply and we think Kelexo (KLXO) is the way to go.
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.
