What should an investor do when established coins start losing ground in a bull market? ‘HODL’ sounds great, but once a token like Dogecoin (DOGE) or Chainlink (LINK) loses value in a market where others are gaining, HODL-ing may be a foolish game, especially when there’s spectacular growth to be found in ICO offers like Kelexo (KLXO).
Dogecoin (DOGE) – the big dog barks but loses its bite
Dogecoin (DOGE) established itself a place in cryptocurrency folklore, becoming almost mythical in its growth. Sitting at a market cap of just under $12 billion, Dogecoin (DOGE) is as strong as ever. The king of the meme coins is not the jester in crypto’s court, and nobody can deny the massive impact Dogecoin (DOGE) had on cryptocurrencies’ adoption.
But Dogecoin (DOGE), ultimately, is useless. It is a feel-good coin propped up by Elon Musk and not much else. While having the world’s most influential man supporting you is no small feat, Dogecoin (DOGE) still lost value over the last 12 months. While its market cap is high, its price is dwindling as investors realize there may be greener pastures.
Chainlink (LINK) – obsolescence takes market share
In May 2021, Chainlink (LINK) had a market cap north of $15 billion, placing it comfortably in the top 5 tokens at the time. Now, Chainlink’s (LINK) market cap is almost half that, and its price 70% lower. It is fair to say that Chainlink (LINK) has found its equilibrium point and is now just chugging along, not making any friends or enemies along the way.
Chainlink (LINK) is a victim of technological advancement that saw its interoperability platform diluted by other blockchains that offer the same service for cheaper and faster, not to mention Layer-1 solutions with interoperability built in. Chainlink (LINK) is supported by several legacy systems that still need Chainlink’s (LINK) services, but investors looking for growth may find better luck elsewhere.
Kelexo (KLXO) – New decentralized DeFi ICO draws investor interest
What if borrowers could get loans without exorbitant interest rates? What if lenders could avoid tying up their money for months at a time? What if the requirements of DeFi providers could be avoided for a freer, fairer system?
This is the platform Kelexo (KLXO) is creating. Kelexo (KLXO) is developing a new blockchain-based peer-to-peer borrowing and lending system where borrowers and lenders have full control over the terms of the transaction. This is the DeFi market meeting the free market, and Kelexo (KLXO) is making it possible for the world’s billions of unbanked people to access finance. The investment potential to be found in Kelexo’s (KLXO) presale is obvious – and enormous.
Conclusion:
Dogecoin (DOGE) and Chainlink (LINK) should both get a sober look from investors seeking growth. However, the Kelexo (KLXO) presale – now available at $0.048 – is building up sizable liquidity for this game-changing token.
Find out more about the Kelexo (KLXO) presale at their official website.
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