Crypto technology has expansive use cases, reaching multiple industries and sectors of human life. In particular, crypto technology rewrites the digital future in favor of decentralization, transparency and efficiency ensuring the world of web3 favors users instead of centralized setups.
In this analysis, we look at the tokens that are changing things and all the recent changes within them. We observe Ripple (XRP), Chainlink (LINK) and a new project, Kelexo (KLXO). We give a step-by-step analysis of each of these projects to keep readers updated.
Could Ripple (XRP) stop growing soon?
Similar to many tokens in the market, Ripple (XRP) is experiencing a period of good profits. In the past week, it increased by at least 2% every day. Ripple (XRP) is on course to hit $0.7 by next week but could hit a stumbling block soon.
This is related to its ongoing battle with the SEC. New reports from the case suggest that Ripple (XRP) artificially increased the price of the coin at various points through automated bots. The validity of these allegations is yet to be determined but information around it is shaking investors’ belief in the token. Should it be found true an even greater drop is expected for Ripple (XRP).
Chainlink (LINK) to stay above $20?
It hasn’t been as positive for Chainlink (LINK) even though it records profits. It shows smaller daily average gains for the last week and doesn’t look too much like it could rally. Chainlink (LINK) has repeatedly gone past $20 but retraced on many occasions.
It appears to have done this again but experts say it could maintain it this time. While the resistance at $22 seems like a far cry, Chainlink (LINK) should sustain a position above $20 for the rest of this week. Declining profits contribute to major doubts with Chainlink (LINK) so it is hoped this changes this month.
Innovative Lending Platform Kelexo (KLXO) in Impressive Presale
Change is core to how the web3 world intends to function. It intends to transition from web2 by making important modifications to how parts of it work and prioritizing transparency and users over other considerations. Kelexo (KLXO) is another crypto project that introduces many changes to an important part of life, in this case, obtaining loans.
With limited finances, many people turn to loans to fund various endeavors. However, getting loans can be a tiresome process. Even after the switch from physically obtaining loans at banks and other financial institutions, online lending is still inconvenient but Kelexo (KLXO) aims to fix this.
The token can be bought for only $0.028, significantly lower than many other coins. It also comes with astonishing potential predicted to have up to 30x in returns. The best returns are for early buyers who step in at the presale stage. They get some revenue from Kelexo’s (KLXO) transaction fees. For the most perceptive investors, Kelexo (KLXO) is the perfect investment.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
