The cryptocurrency industry is well known for its volatility. While newbies may find this overwhelming, expert traders have discovered several ways to beat this volatility, including entering the right projects early.
Litecoin (LTC) and Cardano (ADA) holders are in the market for new opportunities with significant returns. Kelexo (KLXO) is one of the first names on the list. According to analysts, Kelexo (KLXO) could see up to 20x returns before the end of the year.
CFTC declaration has a positive effect on Litecoin (LTC)
Litecoin (LTC) has been booming lately and some analysts believe it is partly due to the recent comment by the United States Commodity Futures Trading Commission (CFTC).
In a lawsuit against the popular crypto exchange platform Kucoin, the CFTC referred to Litecoin (LTC), as well as Bitcoin (BTC) and Ethereum (ETH), as commodities. This means Litecoin (LTC) is outside the jurisdiction of the Securities and Exchange Commission (SEC), which is known to impose more difficult regulations on securities.
The coin has surged past the $100 mark and is trading at $107.34, more than 2% above its last week price. It has also moved up in CoinMarketCap ranking of the largest cryptocurrencies by market cap to number 19. Litecoin (LTC) has a market cap of $7.98 billion and a fully diluted market cap of $8.98 billion.
Might Elon Musk be interested in Cardano (ADA)?
Elon Musk, CEO of Tesla and X (formerly known as Twitter), is at the centre of crypto news again. And this time, it is not for Dogecoin to which the tech billionaire has been previously affiliated. Elon Musk recently followed a well-known Cardano (ADA) news account on his popular social media platform, X.
This has led to several speculations that Elon Musk might be interested in the coin. Dogecoin has been one of the major beneficiaries of Elon Musk’s influence. The Cardano (ADA) community will hope that this is a sign of great things to come.
Analysts believe that if this is an endorsement of Cardano (ADA) from the Tech billionaire, the coin can surge to significant heights before the end of the year.
Kelexo (KLXO) feature makes it stand out amongst its competitors
Kelexo (KLXO) is set for a fantastic ride across the Easter period and beyond. According to experts, the new lending platform could see up to 20x returns before the end of the year. Analysts believe Kelexo (KLXO) could do even more than that, especially when you take into consideration its unique features and exceptional investors’ rewards.
Investors can purchase a Kelexo (KLXO) token for as low as $0.05 while in the second stage of its presale. This entitles investors to a share of the revenue generated on the platform and gives them the right to vote on critical decisions to determine the future of the platform.
The signs are good for Kelexo (KLXO) the future looks bright. Its instant payouts, fast transaction speed and lower fees make Kelexo (KLXO) a preferred option for users. The ease of obtaining loans and the AI-powered risk assessment are some of its peculiar features that investors believe will help the platform rise to number one in the lending industry.
To find out more about the Kelexo (KLXO) presale visit the website here.
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