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In this article, we explore the huge gains of Render (RNDR) and Bittensor (TAO) investors and their current market conditions amid the general correction wave.
However, our major focus is a new frontier in the lending space, Kelexo (KLXO), and why analysts are already predicting 20x returns in its impressive presale.
Render (RNDR) struggles after impressive rally
Render has been one of the top-performing tokens this year, rivaled only by the meme coin boom. It has surged 3x since January, peaking at $13.60 this week. Since this peak, RNDR has struggled and has only managed a 4% increase in the past week. Its trading volume has also reduced by 25% in the past day as investors move profits out to other opportunities.
Analysts predict that Render will still struggle till the end of March as it tries to find a new support point.
Bittensor (TAO) experiences worse conditions than Render (RNDR)
Like Render, Bittensor has also performed excellently well this year, peaking at an all-time high of $759. It has struggled since that peak and is now recording negative price movements of 7% in the past week. Its trading volume decline is worse than Render, 40% in the past day alone. The decentralized, blockchain-based machine-learning network will need to find a strong support point to reach new highs anytime soon.
Kelexo (KLXO) is redefining lending processes in the industry
Due to their present market conditions, Render (RNDR) and Bittensor (TAO) investors are diversifying their portfolios and moving profits into the Kelexo presale. They are confident in its market fit and significant potential. That begs the question of what Kelexo is doing differently to justify its popularity among these investors.
KLXO is a novel decentralized peer-to-peer (P2P) lending platform that aims to redefine the lending process. It incorporates AI-driven risk evaluations, blockchain technology, and an innovative payment infrastructure to deliver a secure and efficient borrowing process. Kelexo is filling the gap by offering loans to individuals and businesses in the web3 space that banks and other traditional financial institutions have neglected.
Kelexo ensures better security and transparency, faster transactions, and lower costs for lenders and borrowers on its platform.
The presale is offering 60% of all issued tokens across six stages. It is already in the second stage and priced at just $0.05. It is the best time to join this remarkable platform and reap significant returns.
Aside from the significant returns attainable, presale investors enjoy juicy platform benefits. Some include reduced transaction and loan origination fees, passive income from platform fees, and exclusive rewards.
RNDR and TAO could still recover and set new all-time highs, but Kelexo offers more growth potential to investors, which is projected at more than 20x.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
