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Chainlink (LINK) and Polkadot (DOT) are among the top 15 cryptocurrencies by market capitalization. In 2024, Chainlink and Polkadot holders are looking elsewhere, diversifying into decentralized lending protocol Kelexo (KLXO).
Polkadot is on the rise
Polkadot is up 7% over the past 12 months, lagging behind other altcoins.
However, some investors see potential in the sharded multichain protocol’s goal of achieving interoperability between blockchains.
Analysts say DOT could reach $6.88 by the end of 2024.
Chainlink for growth
According to market analysts, Chainlink’s recent growth can be attributed to its potential to play a key role in tokenizing real-world assets.
This could allow LINK to reach $32 by the end of the year.
Currently, Chainlink (LINK) is trading around $15.
Analysts support Kelexo.
There are a variety of industries where access to credit facilities is important, and peer-to-peer (P2P) lending has emerged as a key growth sector.
Kelexo is a web3 decentralized lending protocol currently in pre-sale phase.
It provides a platform for lenders to leverage cryptocurrency assets and earn money through interest. At the same time, borrowers can use the platform to achieve their financial goals.
The lender’s crypto assets fully collateralize all loans, and loan terms are determined by smart contracts.
In the ongoing presale, KLXO is available for $0.022.
Market analysts believe Kelexo can support its price by attracting users.
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