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Breaking News: Bitcoin Reaches $93,000 Amid Renewed Optimism: What To Keep An Eye On This Week
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Breaking News: Bitcoin Reaches $93,000 Amid Renewed Optimism: What To Keep An Eye On This Week

Kelexo (KLXO) gets investors’ trust as Presale Stage 1, selling out faster than Shiba Inu (SHIB) and Pepe (PEPE)

NewsBTC
NewsBTC
Last Updated: February 1, 2024 9:26 am
2 mins read

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The goal of every investor is to make the most out of their capital and doing so requires some knowledge of the market to get into projects that have potential. In addition, experienced investors try to get into these projects while they are still new to get good returns. But with the many options, it can be difficult to pick which token has the best potential.

In this article, we simplify the decision by looking at two options investors have considered in recent times to determine what they hold for investors. These are highly hyped memecoins, Shiba Inu (SHIB) and Pepe (PEPE). We also talk about Kelexo (KLXO), a new entrant that is winning over investors.

Changing fates for Shiba Inu (SHIB)

Although Shiba Inu (SHIB) comes in 12% worse than a month ago, there is still some hope. Shiba Inu (SHIB) recently went on a good run, lasting over a week, gaining some 6% and taking the coin from $0.000008556 towards $0.0000010. While it would not reach that point, expectations are that Shiba Inu (SHIB) will stay between $ 0.0000090 and $0.0000095.

For many other memecoins, the decline is worse, so investors in Shiba Inu (SHIB) will certainly feel luckier. Whether this will be enough to satisfy investors with other options remains to be seen.

Pepe (PEPE) falling in charts

If you compare how Pepe (PEPE) started the month, to how it is now, you will see a near 20% decline. It continues to go downward with Pepe (PEPE) down to $0.000001045 per unit. Analysts connect this to the dwindling fates of many memecoins like Pepe (PEPE), with the happy comedic tokens falling out of favor with investors.

Pepe’s (PEPE) decline could see it drop below $ 0.0000010 soon if nothing changes. As you would expect, Pepe (PEPE) is disappearing from many portfolios.

Growing trust in Kelexo (KLXO) as presale continues

For projects like Kelexo (KLXO), what stands out about them beyond their novelty is how much utility they have for users. This influences investors in their favor as they are seen as real solutions to issues in their respective industries. For Kelexo (KLXO), these issues are extended delays to complete identification, slow payments and high fees for transactions.

Kelexo (KLXO) looks to solve these problems and create a platform for flexible peer-to-peer lending with a high standard of transparency. Its features focus on improving the user experience, with instant payments, low fees and an exchange service for coin-swapping.

Investors not only gain control over changes to the platform but also get payments based on how much of the token they hold. It comes in at the low presale price of $0.022, with the potential to exceed many established coins. Given its prospects, Kelexo (KLXO) seems like a good opportunity to get a future blue-chip asset for a low price.

Investors are buying in and experts say this is only natural given all Kelexo (KLXO) has to offer.

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

 

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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