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Cardano Ecosystem

Techbullion

04/17/2024

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Cardano (ADA) Investors Rallies Behind Kelexo (KLXO) Encouraged by Bitcoin (BTC) $71K Bounce and Binance Coin (BNB) Stability

The blockchain industry remains one of the most dynamic financial sectors. Experts believe this is due to the constant evolution and innovative ideas that are incorporated into the industry regularly. Amidst all the new developments, popular crypto assets like Cardano (ADA) have to work extra hard to remain in the spotlight. Fortunately, new heights of […]

Cardano (ADA) Investors Rallies Behind Kelexo (KLXO) Encouraged by Bitcoin (BTC) $71K Bounce and Binance Coin (BNB) Stability

The blockchain industry remains one of the most dynamic financial sectors. Experts believe this is due to the constant evolution and innovative ideas that are incorporated into the industry regularly. Amidst all the new developments, popular crypto assets like Cardano (ADA) have to work extra hard to remain in the spotlight. Fortunately, new heights of Crypto giants like Bitcoin (BTC) have opened doors for many promising projects, especially those in their presale process. One of the new high-potential coins in presale is Kelexo (KLXO), a project that is known for its compliance methods and streamlined identification.

Kelexo (KLXO) Presale is attracting investors from holders of Binance Coin (BNB), Bitcoin (BTC) and Cardano (ADA). The increasing interest from three giant projects has led investors to believe that Kelexo (KLXO) has a promising effect in the crypto space. It uses AI-oriented risk analysis and innovative blockchain technology to improve peer-to-peer lending.

Cardano (ADA): Is It Really Dead?

A renowned crypto influencer, Ben Armstrong recently called Cardano (ADA) a “dead coin” on his YouTube channel. Ben compared Cardano (ADA) to other projects like Toncoin (TON) and Solana (SOL). He claimed the asset was gaining interests from many investors, but most of them, if asked to, cannot name three projects on Cardano (ADA). His remark was followed immediately by a response from the project’s founder himself, Charles Hoskinson.

Charles replied to Ben’s remark on X, saying, “Well, Ben Armstrong was always friendly to me. Sad to see him go down this road. Wish him well and hope for the best.” He also refused Ben’s invitation to discuss the future of Cardano (ADA). This back and forth may have been just between the founder and a popular Crypto analyst, but it depicts what the blockchain universe thinks about Cardano (ADA). The coin is currently trading at $0.6068, with an increase in value of 2.16% within the last 24 hours. But investors are still wary of what its future holds.

Bitcoin (BTC) Reaches $71k Amidst Halving Warning

Bitcoin (BTC) surpasses the $71k mark for the first time since April 1st. Analysts expect this surge in price to push investors into taking more dooming risks, especially as the project is expected to experience an halving this month. Analysts also predict that there could be a great liquidation if Bitcoin (BTC) reaches the $72k mark. Investors are therefore advised to be more careful and take less risks, as the asset reaches its volatile stages. According to CoinMarketCap, Bitcoin (BTC) is trading at $71,731. It has also increased in value by 2.48% within the last 24 hours.

Binance Coin (BNB): Growing and Stable Market

Binance Coin (BNB) faces regulatory clampdown on different countries around the world, but it still remains stable and continues to grow. Binance has shown impressive growth in the first quarter of 2024. Its trading volume increased significantly, indicating a spike in investors’ trust and interest. It is currently operating under restrictions in Nigeria, one of the biggest crypto hubs in Africa. However, its price value has not faltered. It is trading at $587.61, while increasing by 0.36% within the last 24 hours.

Kelexo (KLXO) Attracting Investors with its Innovative Lending Ideas

Kelexo (KLXO) is a revolutionary peer-to-peer (P2P) lending platform that works by leveraging the digital assets of lenders to promote decentralized loan collection. It attracts investors from holders of Bitcoin (BTC), Binance (BNB) and Cardano (ADA) because it doesn’t follow the strict compliance measures found in banks and other lending organizations. It prioritizes transparency and decentralized governance, giving room for investors to make suggestions where necessary.

Kelexo (KLXO) is in stage 2 presale with its token going at a price of $0.05. Investors are advised to take advantage of the price and join the Kelexo (KLXO) presale trend now for significant gains in the future.

Find out more about Kelexo (KLXO) Presale by visiting here

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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