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Dogecoin (DOGE) and Solana (SOL) have been subject to massive corrections to start the year. Both established cryptos have traversed different paths in 2023, with Solana (SOL) generating a 940% gain from January to December, while Dogecoin (DOGE) being down 9% over the past year. Both tokens are losing ground to newer, more promising low-cap high-reward tokens like Kelexo (KLXO), which has recently celebrated a major milestone by drawing 1,000 users several days into its stage 1 presale launch.
Dogecoin (DOGE): At the Crossroads in 2024
Dogecoin (DOGE) needs no introduction as one of the icons of crypto. The original meme coin, however, is at a critical juncture of its life cycle in 2024. Dogecoin (DOGE) has faced plenty of setbacks in 2023, failing to generate any sort of tangible upwards momentum. Dogecoin’s (DOGE) poor performance thus far in 2024 is indicative of the pivot from meme coins into tokens with real-world use cases and more interesting narratives to back. Dogecoin (DOGE) holders are losing out precious opportunity cost by holding on to their meme coins. However, a growing number of Dogecoin (DOGE) holders are diversifying their holdings into what market analysts believe could be a blue chip in 2024: Kelexo (KLXO).
Solana (SOL) Facing Further Corrections in January?
Solana (SOL), one of 2023’s high flying birds, notably broke a yearly high last December 25, 2023 when it changed hands at $126. Since then, Solana (SOL) had been overbought and duly corrected all the way to $86 where it traded as of this writing. Market observers forecast a continuation of Solana’s (SOL) bearish trend unless Solana (SOL) breaks past resistance and holds at $100. However, the technical indicators suggest a further correction, which might see Solana (SOL) prices dip all the way to $70.
Kelexo (KLXO) Presale Celebrates Milestone with First 1000 Holders
Decentralized lending marketplace protocol Kelexo (KLXO) has become a popular refuge for Dogecoin (DOGE) and Solana (SOL) holders wishing to grow their respective portfolios with a presale project with plenty of room to go on a parabolic run.
Kelexo (KLXO) is building a decentralized lending platform circumventing the pitfalls of traditional lending protocols requiring tedious Know Your Customer (KYC) processes, credit checks, endless exorbitant fees and processing times that could go on for weeks on end. Kelexo (KLXO) will enable lenders to list loans and receive instant payouts, while providing borrowers 24/7 access to instant credit fully collateralized by crypto and enforced by smart contracts.
Kelexo (KLXO) will also offer users a global debit card for spending with a built-in rewards program. Moreover, a full audit and token/liquidity locks will secure the future of the Kelexo (KLXO) platform to ensure the safety of user funds. Lastly, Kelexo (KLXO) holders will be granted a share on the platform’s revenues, making its presale price of $0.022 an unbeatable entry point for a protocol poised to revolutionize the P2P lending sector. Market analysts predict Kelexo (KLXO) could be one of the year’s best presale investment opportunities ahead of the next bull cycle.
Find out more about the Kelexo presale by visiting the website here
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