From new projects challenging the status quo to old cryptos making a resurgence and everything in between, the crypto space is always buzzing with some news. Investors look to stay up-to-date with the most important happenings to direct their investment decisions and get the proper returns. This analysis simplifies some news around popular assets, Optimism (OP) and Decentraland (MANA), to keep readers up-to-date with them.
We are also considering a new project, Kelexo (KLXO), to show why investors could be making their way to it.
Optimism (OP) in short-term slump
After rising significantly in the last couple of weeks, Optimism (OP) seems to be in a slump. It now sees a 21% adverse change compared to 7 days ago, trading at $3.164342 per unit of Optimism (OP). This downtrend has not eliminated all investors' gains, as it remains 41% better than a month ago and almost 150% better than three months ago.
Decentraland (MANA) seeing predicted recovery?
Decentraland (MANA) rose about a month ago, approaching $0.55. It eventually surpassed that, hitting $0.5967 per Decentraland (MANA) on Boxing Day last year. It looks to be returning there and recovering from sharp falls experienced this year.
Although it has lost almost 3% compared to last week, Decentraland (MANA) holders will look to today's 5% uptick and be more confident in the asset.
Kelexo (KLXO) edges Optimism (OP) and Decentraland (MANA) as a favoured investment
Digital banking is popular in web2 but has yet to fully transition to web3. Certain aspects of banking are currently covered, like payments and storing funds, but borrowing and lending functions are yet to be featured in web3. Kelexo (KLXO) is a blockchain-based project that tries to change this.
Kelexo (KLXO) is a decentralized peer-to-peer marketplace that links borrowers and lenders in a transparent and permissionless environment. The idea behind Kelexo (KLXO) is unprecedented, making it the world's first blockchain lending platform. Kelexo (KLXO) leverages blockchain technology to make providing and obtaining loans faster and more accessible to people worldwide.
One of the most notable features of Kelexo (KLXO) is that it abandons KYC procedures to create a quick and seamless user onboarding experience. This means users do not experience delays in joining Kelexo (KLXO) and do not need to provide identification documents. Kelexo (KLXO) also removes middlemen, reducing the money and time spent on getting loans.
Instant payouts and deposits are also provided on Kelexo (KLXO). As a decentralized platform, it also charges much lower fees than other platforms. Borrowers and lenders can also browse through many options to find terms that are suitable for them.
The benefits of Kelexo (KLXO) extend to investors. Joining Kelexo (KLXO) in its presale means investors are given funds from transaction fees, which are projected to shoot up after launch. With a price of $0.22 per Kelexo (KLXO), it looks like a cheap asset that could reach blue-chip status soon.
Find out more about the Kelexo presale by visiting the website here
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