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Breaking News: Senator Warren's Warning: SEC Receives Letter On Potential Losses With Crypto In 401(k) Funds

Why Uniswap (UNI) & Stellar (XLM) investors are rushing into the new Kelexo (KLXO) presale

Bitcoinist
by Bitcoinist
Last Updated: January 23, 2024 3:23 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With much success and huge returns seen in the past, investing in cryptos is now quite popular. Many investors buy and hold cryptos exclusively or as part of a diversified portfolio including other assets like shares and stocks. Investors buy cryptos for their popularity, value, volatility and expected potential.

Uniswap (UNI) and Stellar (XLM) are popular investments even among cryptos. The former is a decentralized exchange built on the Ethereum (ETH) blockchain, while the latter is a decentralized protocol for international transactions.

It isn’t much of a surprise to see Uniswap (UNI) and Stellar (XLM) in investors’ portfolios but holders of these tokens seem to be adding another coin, Kelexo (KLXO) to their holdings. We take a look at these tokens to understand the trend.

Uniswap (UNI) fails to impress

After growing past $8 right as the year ended, there was much anticipation for what the new year would bring for Uniswap (UNI). Three weeks into the year and much of this anticipation has fizzled away, as has excitement around Uniswap (UNI). The coin has traded between $5 – $7 for much of the year, currently at $6.083238, 7% worse off than last week.

Uniswap (UNI) lost about 6% of its value today, compared to 24 hours ago and continues an unimpressive start to the year.

Stellar (XLM) sees losses across charts

The worst of these sees Stellar (XLM) decline by 10% compared to its price at this point last month. Compared to a week ago, Stellar (XLM) is down by 3% and loses another 2% when compared to yesterday’s value. One unit of Stellar (XLM) is worth around $0.113646, a value analysts feel could go lower as the week progresses.

Kelexo (KLXO): Changing Internet Finance with Blockchain technology

Decentralized online loan service, Kelexo (KLXO) takes the foundations of online finance a step further. Kelexo (KLXO) is a project to extend the principles of blockchain technology into online lending. It aims to rewrite the blueprint of getting loans to create a transparent and efficient process.

Kelexo (KLXO) will do this through user-focused changes to conventional loan service. For instance, KYC procedures which are a must for conventional loan providers are absent from Kelexo (KLXO). Users simply sign up and that’s it – they can start getting and giving loans directly on their own terms.

Kelexo (KLXO) is set up to benefit both users and investors. For investors joining early, they will benefit from Kelexo’s (KLXO) revenue sharing plan and can take part in deciding on updates to the platform. With these attractive benefits on top of Kelexo’s (KLXO) vast potential, it looks like a blue-chip project in the making.

Still in its presale, Kelexo (KLXO) costs only $0.22 per unit. It comes at a lower cost than other tokens but has the superior potential by far. Uniswap (UNI) and Stellar (XLM) investors are just some of the first to join Kelexo (KLXO), with many more on the way.

Find out more about the Kelexo (KLXO) presale by visiting the website here

 

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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