Presale live! Much anticipated Kelexo (KLXO) goes live. Ripple (XRP) and Dogecoin (DOGE) investors join

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The crypto space is often filled with “hype”, and projects that have and maintain this often end up being very successful. Finding the right option among many projects that dominate the airwaves can be hard, especially without information on what each project has to offer. Even among hyped projects, there is typically a difference in popularity and how much veteran investors buy into each project. 

We look beyond the hype to see what is happening with currently trending cryptos like Ripple (XRP) and Dogecoin (DOGE) to uncover what they’re about and where they could be headed. We also unravel Kelexo (KLXO), a popular new project launching its presale that much of the crypto space has been waiting for.

Ripple (XRP) replies SEC, sees continued price fall

Yesterday, 19th of January, Ripple (XRP) through its lawyers filed its response to the SEC’s request for their financial reports in connection to the ongoing case between the two. Ripple (XRP) asked the court to dismiss the request, stating that the deadline for exchanging documents has long passed. Meanwhile, a look at the charts shows that Ripple (XRP) has declined by some 12% compared to a month ago and 5% compared to a week ago. 

Tides turning for Dogecoin (DOGE)?

Dogecoin DOGE has seen a heavy fall, comparing it with just 30 days ago, depreciating by 12%. It went as low as $0.07568 per Dogecoin (DOGE) but seems to be recovering now. Dogecoin (DOGE) is currently up to $0.08 per unit, almost 4% better than yesterday. 

Kelexo (KLXO) strikes hard in Presale

This project attempts to fix a problem that affects people all over the world – getting quick and flexible loans. Typically, anyone seeking a loan would need to meet a lender, sometimes through a middleman/broker, and in many instances in person. They would then need to fill long forms, submit a mountain of documents, and wait for a long time for their loan to be approved. 

In some cases, borrowers can be denied loans even after completing these long processes, or have to provide collateral and/or guarantors. 

To get a loan on Kelexo (KLXO), all users will need to do is sign up and match with lenders who have similar terms. No KYC procedures are required and users will be able to start using Kelexo (KLXO) as soon as they’re signed up. Users can also negotiate terms of the loan and pay with cryptos that they have.

Kelexo (KLXO) is being offered at $0.22 during its presale, and investors could gain a lot from investing in this stage. Some of the revenue obtained from fees on Kelexo (KLXO) will be paid to investors. They will also have governance over the platform.

The project is a good opportunity for investors to get into a future blue-chip coin at an early stage. This creates the possibility for the most returns. We believe Kelexo KLXO could be a great investment in the long-term.

Find out more about the Kelexo presale by visiting the website here.

*This article was paid for. Cryptonomist did not write the article or test the platform.