Kelexo presale rising, Litecoin and Chainlink facing headwinds

The most profitable form of investing in crypto markets is usually the short investment format, where the investments are made and withdrawn over short periods. 

This method works best during bullish methods or when the investor has bullish sentiments due to whale action on the blockchain.

However, the short-term only sometimes works out, especially when the market succumbs to bearish pressure, and conditions shift, like in Chainlink (LINK) and Litecoin (LTC) recently. 

While it becomes harder to predict Chainlink and Litecoin trajectory, the Kelexo presale continues to be a success.

Why are Litecoin and Chainlink lower?

Chainlink was created in 2017 to connect blockchains to external data and knowledge sources to strengthen smart contracts using a decentralized Oracle network.

Chainlink has fallen over the years to a price of $19 per token from an all-time high of $52.88, built from an offer price of $0.13. 

While the coin used to be an investor favorite, it has steadily declined over the years and has hit a plateau.

Similarly, Litecoin started on a great leg and quickly reached an all-time high of $412.96 before dipping to the $70 plateau where it currently stands. 

Litecoin is a proof-of-work blockchain that complements Bitcoin using cheaper transaction rates, a more effective system, swift operations, secure and transparent transactions, and utility.

However, Litecoin has hit a snag in the bullish season and is losing reliability for short-term investments. 

As Litecoin and Chainlink struggle for balance, investors are exploring alternatives, including Kelexo (KLXO).

Kelexo presale

Kelexo is a unique product in decentralized finance (DeFi) as it redefines what crypto-lending stands for over a short debut period. 

KLXO was available for $0.022 in stage one of their presale; the token now sells at $0.028 in stage two.

There is a total supply of 440 million KLXO.

With an extensive range of utilities such as easy asset conversion, widely accepted debit cards, and protected liquidity for investors, Kelexo can increase its share in web3 lending.

In addition, Kelexo has minimal to non-existent transaction fees and a secure model that helps maintain transparency and compliance in every transaction.