Investors’ Preferences in Cryptocurrency
Investors seek one thing and avoid another. Top on the avoidant list is uncertainty and the number one requirement is growth. Taking a look at Polkadot (DOT), Kelexo (KLXO), and BNB (BNB), it becomes clear which coins investors want to avoid and which ones they’d rush to.
Polkadot (DOT): Instability Puts Old-School Crypto at Risk
When Polkadot (DOT) appeared in 2016, it was a godsend for many, as the coin enabled different blockchains to speak to each other. In this regard, the Polkadot (DOT) was the universal translator, and the Polkadot (DOT) price grew appreciably.
Since the 2021 crash, Polkadot (DOT) has been unable to break the ten-dollar barrier. Zooming in to year-to-date numbers, Polkadot (DOT) is up and down like a see-saw and this uncertainty and instability is a warning flag to investors who may look for better options in other coins.
BNB (BNB): SEC Goes After Biggest Crypto Platform
The SEC had scarcely concluded their protracted battle with XRP (XRP) when they turned their sights on Changpeng Zhao, the enigmatic founder of Binance. CZ is facing a host of charges, some severe enough to land him in jail. As a result, BNB (BNB) is taking a hammering.
Zooming out to a one-year level, BNB (BNB) ‘only’ lost about 3%. But considering Bitcoin gained 80% in that time and Solana over 300%, it is clear that this continued scrutiny from the SEC is really spoiling BNB’s (BNB) party. Again, instability is not the investor’s friend and BNB (BNB) will see investors look for other opportunities.
Kelexo (KLXO): Massive Growth Potential in New Peer-to-peer Lender
On the other end of the investment spectrum, the new peer-to-peer lending platform Kelexo (KLXO) is drawing investor interest with its massive growth potential. Kelexo (KLXO) is a new decentralized peer-to-peer borrowing/lending platform that is putting traditional finance houses under threat.
The market for Kelexo (KLXO) is massive, as half the planet cannot access finance. One of the biggest reasons for this is that most people simply cannot comply with regulatory requirements bordering on the draconian. Kelexo (KLXO) solves this issue by giving borrowers and lenders a platform to set their own terms and avoid the onerous demands of governments and the banking sector.
Built on the Ethereum platform, Kelexo is limited to 440 million tokens, which means it is deflationary and the Kelexo (KLXO) token can only go up in value.
Investors see this growth opportunity and the Kelexo (KLXO) presale is selling out fast.
Polkadot (DOT) and BNB (BNB) are giving investors headaches right now and investors will be forgiven if they abandon the instability of these coins and engage with the Kelexo (KLXO) presale, which is speculated to go off like a firecracker and climb to 100X within a year after release. The presale is now underway and tokens are available for $0.048.
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