Most of the crypto market is liquidating assets. And this makes sense as most are not familiar with crypto trading.
A closer look at the charts and blockchain activity would show that tokens like Toncoin (TON) and Shiba Inu (SHIB) are actively working past their recent pullbacks.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
Amidst all the commotion the pre-sale of Kelexo (KLXO) is emerging as a diamond in the rough. The new blockchain-powered venture aims to displace popular tokens like Shiba Inu (SHIB) and Toncoin (TON) with its unique use case and DeFi capabilities.
New Developments in the Toncoin (TON) Ecosystem
Although Toncoin (TON) did not respond well to the general market rally, TON achieved a 132% gain in the last 30 days. This success comes after Toncoin (TON) announced The Open League. This initiative boasts a pool of over $115 million aimed at strengthening the Toncoin (TON) ecosystem.
After a successful pilot program, The Open League will distribute 30 million Toncoin (TON) starting April 1st. The initiative will use mechanisms such as Airdrop events, on-chain tasks and liquidity pool rewards to ensure a fair distribution of funds. At the time of writing, Toncoin (TON) is trading at around $4.8.
Developers of Shiba Inu (SHIB) are urging the community to buy on the dip
Since falling 3% from a week ago, Shiba Inu (SHIB) has maintained over $1 billion in trading volume. Recently, an unknown whale took advantage of the market downturn and bought 332.66 billion Shiba Inu (SHIB) tokens. The Shiba Inu Market Leader (SHIB) also acquired 40 million Shiba Inu (SHIB) shortly after this transaction, urging the Shiba Inu (SHIB) community to buy while there is a drop in price.
The broader market is watching Shiba Inu (SHIB) rally after Shiba Inu (SHIB) posted a 274% gain in one month. At $0.000027, Shiba Inu (SHIB) is near its all-time high and is looking at a $0.0001 mark before or soon after the Bitcoin (BTC) halving event.
However, expert investors are not primarily interested in 5X growth that will collapse after reaching a new high. With that in mind, many are considering adding Kelexo (KLXO) to their portfolios.
Kelexo (KLXO) offers advanced utilities amid market crash
Kelexo (KLXO) is the new definition of peer-to-peer lending. At its core, Kelexo (KLXO) functions as a Web3 marketplace that connects lenders directly with borrowers. In a short time, thousands of people have already registered on Kelexo (KLXO). Users like the fact that Kelexo (KLXO) does not require a middleman, eliminating lengthy transactions.
One of the best features of Kelexo (KLXO) is its ease of use. Kelexo (KLXO) does not require KYC and does not require ID documents. Those who need to take loans can also get them without difficulty.
Kelexo (KLXO) is betting heavily on user security and platform decentralization. As such, users are incentivized to interact with the ecosystem. The Kelexo (KLXO) community can also contribute to the development of Kelexo (KLXO) by suggesting changes and interacting directly with developers.
Pre-sale investors enjoy the best benefits. By purchasing Kelexo (KLXO) tokens worth $0.05 each, the investor will be entitled to receive a portion of the total revenue at launch.
Learn more about the Kelexo (KLXO) presale by visiting the website here.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
