Many cryptocurrencies have shot up in the past, with overwhelming gains in value and likewise in returns to investors who bought in early. As 2024 has just opened, investors are on the search for cryptos that will repeat this same level of growth and provide good returns. Among the thousands of available cryptos, three names have emerged; Solana (SOL), Cardano (ADA) and new project, Kelexo (KLXO).
We look at these three cryptos that analysts back to grow by some measure, how they could perform in coming weeks and why there is a lot of attention following them.
Tracking Solana’s (SOL) trajectory: Comfortably over $100 in two weeks?
While recent price movements may suggest the opposite, analysts remain bullish on Solana’s (SOL) potential. The increasing number of projects being built on the Solana (SOL) blockchain, suggesting more activity, is one of the main reasons for this. This is yet to reflect directly on Solana’s (SOL) price, trading between a $88 low and $93 high in 24-hour charts, analysts believe it is only a matter of time.
Cardano (ADA) expects sharp correction
Analysts advise not to sell all your Cardano (ADA) just yet as a correction may be in the future for the token. Trading at $0.4951 per unit, Cardano (ADA) has looked unable to maintain any forward thrust for long, but analysts think this could be about to change. Some of this confidence is linked to a possible Cardano (ADA) ETF but analysts predict a correction, whether or not this happens.
Investors see potential in lending platform, Kelexo (KLXO)
Loans are a popular way of generating funds for many. They bring quick and easy cash flow which can be crucial for setting up or in emergency situations. As important as they are, loans are somewhat difficult to get because of long processes and many requirements.
With Kelexo (KLXO), this will not be the case. This decentralized peer-to-peer lending market will allow users to provide and get loans easily all over the world. All that is needed is to sign up on Kelexo (KLXO), which is easy. It can be completed in less than two minutes and doesn’t require KYC or any other identification process.
Kelexo (KLXO) has much real-world value, but its rewards for investors – especially those at the early stages, are even more fascinating. All investors who buy Kelexo (KLXO) for $0.22 in its presale will benefit from the platform’s revenue sharing program. They will also have rights to take part in the governing of Kelexo (KLXO).
Analysts believe that Kelexo (KLXO) could see colossal growth as the year unfolds, with some experts predicting more than a 500% rise if it lives up to its potential. With only a little of its supply out, investors can still get a lot of Kelexo (KLXO) and there is plenty it can achieve. Solana (SOL) and Cardano (ADA) may very well see some growth, but analysts think Kelexo’s (KLXO) rise will be head and shoulders above them.
Find out more about the Kelexo presale by visiting the website here
