Innovative utility is key to gaining a competitive edge. As a result, meme coins are quickly bitcoin losing their credibility as Shiba Inu (SHIB) falters and Dogecoin (DOGE) millionaires buy into Kelexo’s promising presale. Kelexo‘s (KLXO) cutting-edge web3 lending and borrowing marketplace features are obviously attractive to meme token investors. Let’s find out why:
Rising Tide of Liquidity Lifts Kelexo (KLXO) in Presale
Kelexo’s (KLXO) upcoming Web3 lending/borrowing platform is creating a revolution in DeFi. Gone are the days of credit checks and slow loans. Kelexo (KLXO) introduces instant loans and smart lending fueled by smart contracts. Scalability and efficiency are important and distinctive features of Kelexo (KLXO). In less than two minutes, borrowers can find matching lenders without KYC, huge commissions or delays.
Kelexo’s (KLXO) ingenuity has investors flocking to its ongoing presale, which is trading at $0.022 in stage one! At its early stage, Kelexo (KLXO) has raised much dust and experts believe it will ride the bull wave high. Apart from its presale allure and blue chip potential – the Kelexo (KLXO) token’s wave of utility encompasses governance rights, passive earning and staking for reward.
Dogecoin (DOGE) Whales Sell Off Holdings. Buys into More Promising Kelexo (KLXO)
For months, Dogecoin (DOGE) has seen massive whale sell-offs as its price slumps further. Two weeks ago, a whale transferred over $26M worth of Dogecoin (DOGE) to Binance, sparking a sell-off fears. Meanwhile, over 200M Dogecoin (DOGE) has been transferred to Robinhood in the past month alone. 
The increasing Dogecoin (DOGE) sell-off shows that even the most die-hard Dogecoin (DOGE) supporters are starting to see the potential in innovative projects. As a result, Dogecoin (DOGE) has lost over 14% in 30 days, hitting year-lows at $0.078. Dogecoin (DOGE) millionaires’ decisions to sell off their holdings and invest in Kelexo (KLXO) is a sign that the DeFi market is maturing. Investors are now looking at real-world applications rather than noise.
Shiba Inu (SHIB) Grapples with Negative Price Trajectory
Like Dogecoin (DOGE), Shiba Inu (SHIB)’s historical gains at the peak of the 2022 bull run are unforgettable. However, Shiba Inu (SHIB) has been facing a challenging price trajectory, slumping over 20% in the past 30 days. Earlier this year, Shiba Inu (SHIB) got a boost in perpetual trades with Open Interest, hitting $18 million. 
Surprisingly, the token still struggles at $0.000009 after getting rejected by a resistance barrier for the fifth time in seven days. Bears tightened their grip, pushing Shiba Inu (SHIB) to $0.000009 support. Despite a 262% daily increase in Shiba Inu (SHIB) burns, the 50M tokens sent to burning addresses haven’t yet impacted Shiba Inu (SHIB)’s value.
Despite being nascent, Kelexo (KLXO) has forged ahead of renowned Shiba Inu (SHIB), with presale demand rising rapidly. The enthusiasm around Kelexo (KLXO) and Dogecoin (DOGE) millionaires diverting their funds to it suggests it is an incredible investment that will soon dominate P2P Lending’s $200 billion market.
Find out more about the Kelexo presale by visiting the website here
The post Dogecoin (DOGE) Millionaire buys into the new Kelexo (KLXO) presale, as Shiba Inu (SHIB) dumps appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.

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