Market optimism translated into new fund inflows, which lifted the performance of decentralized finance. The Q1 bull market helped projects like Injective (INJ) and First Digital USD (FDUSD), whose main objective is to build tools and infrastructure for decentralized apps focused on value transfer and open finance. First Digital USD (FDUSD) is a stablecoin aiming for a $1 target. Injective (INJ) is now trying to hold onto gains after printing an all-time high in March. But market optimism is also driving buyers to the new stage 2 presale for the Kelexo (KLXO) Web3 platform.
Injective (INJ) Reaches Record User Count
Injective (INJ) is a scalable platform offering self-executing smart contracts. Safe, reliable smart contracts are a key to a high-capacity open finance ecosystem. Recently, Injective (INJ) stood up as one of the fastest-growing ecosystems with Web3 features.
A sudden burst of activity was noted on the Injective (INJ) network, with 50 million new transactions happening just in the past few weeks. This turns Injective (INJ) into the most active Layer 1 networks, which was this project’s main goal. Injective (INJ) is still trading around $32, after missing the $50 mark in its Q1 rally.
Injective (INJ) also wants to tap into new funding, which may pour into the next wave of GameFi projects. The new bull market may revive the trend of value-driven gaming, which fizzled out after play-to-earn rewards diminished significantly.
First Digital USD (FDUSD) Specializes in Safe Asset Service
First Digital USD (FDUSD) brings a corporate approach to blockchain assets. This project is the rare curated service, which aims to onboard business into crypto with a personal touch. First Digital USD (FDUSD) offers safe personalized custody and a transfer to digital assets, tailored to businesses and corporations.
Recently, First Digital USD (FDUSD) expanded its reach by offering its own digital token through Sui Network. One of the main tokens of First Digital USD (FDUSD) is its native stablecoin, which is guaranteed to be backed with dollar assets in a 1:1 ratio.
The supply of First Digital USD (FDUSD) stablecoins grew by 300% in the first quarter of 2024, signaling renewed interest for businesses to invest in the crypto market.
Kelexo (KLXO) Brings User-Friendly Loans
The Kelexo (KLXO) platform is targeted to users that want simplicity, but are also able to navigate Web3 only using their wallet identity. Kelexo (KLXO) is building a lending platform with no KYC requirements, to simplify the process of receiving or giving a crypto loan.
As investors search for the next blue chip, Kelexo (KLXO) has positioned itself as a high-potential token. The current stage 2 presale is distributing Kelexo (KLXO) tokens at a deep discount, for only $0.05 per token. In addition to market price growth, owning Kelexo (KLXO) tokens will grant holders a share of the platform’s future revenues.
Kelexo (KLXO) will mint a total of 440M tokens, of which only a limited amount will be distributed at a deep discount. The second stage of the presale is now open through the official Kelexo (KLXO) website.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
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