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Even some of the more experienced minds in the crypto space can make miscalculated moves or make gambles that don’t pay off. For example, there are reports that skilled businessman and former American President, Donald Trump sold a huge amount of Ethereum (ETH) in January this year. If these reports were true, he would have missed out on over $500,000 in profits that could have been accumulated in February.
The best way to avoid making rash moves and missing out on profits is to stay informed. Our analysis helps this, bringing information about Ethereum (ETH) and USDC (USDC) to readers. We also highlight Kelexo (KLXO), the new opportunity no smart investor will miss.
Ethereum (ETH) gains continue
Ethereum (ETH) has continued to rise this week, impressing many investors. It had looked shaky for a while in January, prompting many investors to sell the token. However, those who held on past the instability are getting huge profits now.
Since the end of January, Ethereum (ETH) has increased by over 40%, a huge gain on investments in just 30 days. It currently changes hands at $3,249.68 per unit, up by more than 10% from only 7 days ago. Ethereum’s (ETH) rise should see it reach $4000 in March.
Summary
USDC (USDC) could be shaky soon
While USDC (USDC) has enjoyed fewer fluctuations than other stablecoins recently, it may start to see more of them as we approach the second quarter of the year. USDC (USDC) has been relatively positive, spending more time over $1 than below it this year. Although this may not change, USDC (USDC) could see more intra-day and intra-week changes.
These may not affect the value of holdings in the long term but raise concerns in the short term. Some USDC (USDC) holders appear to have anticipated this and are exploring alternatives. Other stablecoins are being considered but projects like Kelexo (KLXO) which have good utility are also admired.
More Whales Buy Kelexo (KLXO)
More investment has come into Kelexo (KLXO), with some of this believed to be from USDC (USDC) whales. Given fears around that token, it is understandable that investors would look at promising options. However, the decision to invest heavily in Kelexo (KLXO) appears to be motivated by the project’s potential.
Since Kelexo (KLXO) is in presale, it comes at a lower price now. A unit costs only $0.028, a very low price and cheaper than most other established coins. Not only can investors get it cheaper but it also allows them to increase their profits by accumulating much of the token.
With whales already taking major positions in Kelexo (KLXO), it looks like a good prospect. It has a rumored 30x potential which could bring returns no investor would want to miss. Opportunities like Kelexo (KLXO) can be rare so smart investors are buying in now.
Find out more about the Kelexo (KLXO) presale by visiting the website here.
*This article was paid for. Cryptonomist did not write the article or test the platform.
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