Ripple (XRP) and Dogecoin (DOGE) are surprisingly within the top 15 cryptocurrencies by market capitalization, despite objectively performing poorly over the past 12 months. Newer, more innovative projects with greater potential to skyrocket in prominence are emerging, with decentralized lending protocol Kelexo (KLXO) leading the charge among the best presale investment opportunities of 2024.
Dogecoin (DOGE) Hype Dies Down
Dogecoin (DOGE) notably surged by 12% to $0.089 last January 21st off the heels of X Payments launching its Twitter account. The rumor was that Dogecoin (DOGE) would be used as one of the main payment methods on the social media platform, sparking a fit of speculation among Dogecoin (DOGE) traders. However, Dogecoin (DOGE) has been floundering in the past month, as prices languished with an 18% correction.
Ripple (XRP) CEO Takes Swipe at Dogecoin (DOGE)
Ripple (XRP) CEO Brad Garlinghouse took a swipe at Dogecoin (DOGE) at the Davos Forum, where the Ripple (XRP) honcho questioned the purpose of Dogecoin (DOGE) besides pure speculation and a plaything for Tesla and X CEO Elon Musk. Ripple (XRP) hasn’t been immune to price fluctuations, with the token down by 5% as of this writing, as it traded at $0.50. Ripple (XRP) prices are down by 18.5% over the past month, continuing its bearish trend well into 2024.
Kelexo (KLXO) a More Attractive Investment Opportunity than Ripple (XRP) and Dogecoin (DOGE) in 2024
Ripple (XRP) and Dogecoin (DOGE) have been losing ground to newer, more innovative projects with a higher potential to appreciate in price ahead of the next bull run. Kelexo (KLXO) has emerged as one of those opportunities. KLXO is launching stage 1 of its presale phase, with the decentralized lending marketplace protocol receiving over 2,500 investors within the past 2 days. Kelexo tokens will be available at a substantial discount during stage 1, launching at an introductory price of $0.022. With its lending marketplace expected to draw significant usage in the coming years, market analysts believe Kelexo (KLXO) could trade in the $0.75 to $1 range once the bull market begins after the Bitcoin halving in April.
Kelexo (KLXO) is gaining traction off the heels of its mission and vision: to build a robust, all-encompassing lending marketplace beneficial to lenders and borrowers—and fully governed by smart contracts. Prospective lenders can leverage the platform to earn a passive income through loan provisioning, while borrowers gain access to credit facilities anytime, anywhere on Kelexo (KLXO).
The KLXO user experience is underpinned by blockchain technology, which will make posting loans and availing credit a simple, hassle-free process with no KYC, minimal fees, and instant payouts. Unsurprisingly, long-standing Dogecoin (DOGE) and Ripple (XRP) holders wishing to diversify into potentially more lucrative crypto investments are queueing up for the Kelexo (KLXO) presale.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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