The tide is shifting in the cryptocurrency market as capital seems to be flowing from large-cap cryptocurrencies to new, promising projects with solid potential. The recent market downturn has been an eye-opener to investors who realize that well-established cryptocurrencies have limited upside potential.
Traders once loyal to Uniswap (UNI) and Chainlink (LINK) are now turning their attention to Kelexo (KLXO), enticed by the prospects of 20x return on investment. As excitement builds around Kelexo’s (KLXO) promising features and opportunities, investors are eager to capitalize on its potential to attract users.
Should Chainlink (LINK) and Uniswap (UNI) investors switch allegiance to Kelexo (KLXO)?
Uniswap (UNI) DAO to Make Treasury Changes
Uniswap (UNI) DAO, one of crypto’s top protocols boasting a hefty $5 billion treasury, has traditionally kept its reserves solely in its native Uniswap (UNI) token. This could change as Uniswap (UNI) explores a new revenue-sharing model involving Uniswap (UNI) token holders. With this development, the Uniswap (UNI) DAO aims to extend its financial runway while safeguarding the project’s reserves.
Like other decentralized autonomous organizations (DAOs), Uniswap (UNI) utilizes its treasury to finance various activities, including compensating contributors and promoting project development. Uniswap (UNI) is currently trading at $12.78, about 18% up above its price a week ago.
Chainlink (LINK) Flips 2 Resistance Levels, Could Rally 45%
Chainlink (LINK) has broken out from a 550-day consolidation, indicating that it could be gearing for an upward move. This bullish technical formation has seen Chainlink (LINK) price flip two resistance levels into support at $13.08 and $16.86, respectively. This support-resistance flip suggests a change in market sentiment from bearish to bullish and the Chainlink (LINK) community is expecting a move higher.
Chainlink (LINK) is fetching a price of $19.23 at the time of writing. This indicates a 4% increase over the past week and only 1% in the past month. Chainlink (LINK) investors are watching the digital asset’s next move as they anticipate a 45% rally.
Analysts Pencil 20X Growth for Kelexo (KLXO)
While many investors anticipate doubling or tripling their returns with established cryptocurrencies, Kelexo (KLXO) is a cut above the rest because it has what analysts call a ‘clear path’ to 40X gains. Kelexo (KLXO) connects lenders and borrowers through a peer-to-peer (P2P) system, ensuring user privacy by allowing users to have access to the platform’s full functionality without the need for KYC.
Kelexo (KLXO) puts token holders at the center of its operations. The utilities of the Kelexo (KLXO) token include paying lower fees on the platform and having access to premium features.
At just $0.05 per token, analysts are convinced that Kelexo (KLXO) is geared for a 20x growth.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
 puts token holders at the center of its operations. The utilities of the Kelexo (KLXO) token include paying lower fees on the platform and having access to premium features.){kind=link}