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Cardano Ecosystem

Techbullion

04/03/2024

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Kelexo (KLXO) Presale Strategy Attracts Cardano (ADA) & Tether (USDT) Funds Seen as a Vanguard in Crypto Lending

Bull cycles on cryptocurrency markets coincide with inflows to the Tether (USDT) stablecoin. As of April 2, the circulation of Tether (USDT) increased by 1B tokens injected into the total supply. With more than $105B in value seeking to land on assets, opportunities like Cardano (ADA) and Kelexo (KLXO) stage 2 presale are drawing in […]

Kelexo (KLXO) Presale Strategy Attracts Cardano (ADA) & Tether (USDT) Funds Seen as a Vanguard in Crypto Lending

Bull cycles on cryptocurrency markets coincide with inflows to the Tether (USDT) stablecoin. As of April 2, the circulation of Tether (USDT) increased by 1B tokens injected into the total supply. With more than $105B in value seeking to land on assets, opportunities like Cardano (ADA) and Kelexo (KLXO) stage 2 presale are drawing in new buyers.

Cardano (ADA) Stabilizes, Awaiting Bull Cycle Breakout

Cardano (ADA) is a growing ecosystem of games, Web3, decentralized finance and other small-scale developments. The network proved its value as a hub for developers. Traders and investors are not left behind either, as daily volumes are still on the upper range for the past 12 months.

At a price of $0.59, Cardano (ADA) stabilized and for some analysts, looks poised for a breakout. The high visibility of Cardano (ADA) may bring investments and cause a rapid price boom cycle. The asset is also highly sensitive to social media hype.

At the current stage, the Cardano (ADA) community is also awaiting the Bitcoin halving, which is expected to have a market-wide price effect. Cardano (ADA) is attracting value-seeking investors, which may take a risk with a low-priced asset, capable of multiplying the gains. At this point, Cardano (ADA) is more liquid and less risky compared to newer meme coins and tokens.

Stablecoin Tether (USDT) Still Rules Liquidity Game

The Tether (USDT) stablecoin is still one of the most important market influences. Spread across several networks, Tether (USDT) affects almost all markets, including decentralized trading.

Tether (USDT) investors can bring in funds from multiple blockchains, or choose to stay in a safe-haven asset with no surprising fluctuations. At the current rate of investment, Tether (USDT) carries more than $92B in daily trading and is expanding its supply in response to the bullish market trends.

In addition to centralized exchanges, Tether (USDT) helps transfer value to smaller projects, DEX, even the NFT markets. The expansion of supply also indicates the inflow of new buyers and a generally bullish attitude on the market.

An increased stablecoin supply will also mean funds are seeking investments. Since the last quarter of 2023, inflows of the leading stablecoin have increased. Exchanges received more than $1B in daily value, adding the liquidity needed for the current rallies.

Kelexo (KLXO) Opens Stage 2 Sale During Market Liquidity Boom

The new funds hitting the market also mean investors will look for the next blue chip. Short-term outperforming prices are good, but projects like Kelexo (KLXO) also aim for long-term utility. Kelexo (KLXO) brings Web3 concepts of wallet-based identity to create a fully decentralized lending process.

Kelexo (KLXO) is ready with its system of incentives for early token buyers, who can also choose to hold for the long term. The Web3 marketplace will generate a constant inflow of fees, which will be distributed in proportion to the Kelexo (KLXO) tokens held for the long run.

Active earnings will also be part of the Kelexo (KLXO) incentive program, with tasks and milestones to be completed for additional token revenues. Joining the stage 2 sale is available now through the project website.

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