Investors enter the crypto market for many reasons, including stability, utility, and profit. Tether and USD COIN are usually at the top of the list of users who choose security against volatility. Some investors believe in a project’s utility and how its real-world application can cause a change.
Kelexo (KLXO) is one of the projects that appeal to these diverse groups of investors. It is expected to bring a revolution to the DeFi sector while making profits for investors. Polygon (MATIC) and USD COIN (USDC) holders have joined the Kelexo camp as the coin gains more momentum across the crypto market.
Polygon is trading at $0.8977, having declined by more than 12% in the last 7 days. There is a bearish feeling in the market. Analysts believe that the coin may drop in the coming days.
Over the previous 30 days, MATIC has dropped by more than 16%. Its medium-term chart shows a slight increase of only 1.97% in the past 90 days.
According to data from CoinMarketCap, Polygon has a market cap of $8.89 billion. Its fully diluted market cap is $8.98 billion. In the last 7 days, more than $2.14 billion worth of MATIC tokens have been traded. Crypto experts believe Polygon could still drop to $0.700 before rising again.
USD COIN (USDC) is one of the preferred options when searching for stablecoins in the crypto space. Second only to Tether, USDC has established itself as a major player in the stablecoin market.
While trading at $0.9998, USDC has resisted fluctuations in the market. That has been evidenced by its 0.00% change in the last 30 days. It has only moved by a meager 0.02% in the previous 7 days.
With a market cap of $32.91 billion, USD COIN is ranked as the sixth-largest cryptocurrency by market capitalization, according to CoinMarketCap. It has a 7-day trading volume of $71.3 billion.
The new platform is calling for attention, and investors are pouring into it. It could be a top cryptocurrency with solid utility, making it a delight among users.
Kelexo marks the end of delays in transactions and the release of loans. The platform offers swift funding and instant payouts while charging the industry’s lowest transaction fees. With KLXO, users do not need to suffer under stringent repayment terms as the platform offers a flexible repayment option. On top of that, there are incentives for early repayment.
Users on the platform can easily exchange one cryptocurrency for another with the Kelexo swap feature. KLXO also comes with a debit card. Users can use their cards to trade with merchants globally and pay directly from their Kelexo wallet.
Kelexo is a fully decentralized platform. Users, who purchase a token for as little as $0.05 while in its presale stage, govern this platform. These token holders decide on the platform’s future and can vote on critical matters.
There is more on the Kelexo (KLXO) presale on its website; click here.