Good projects tend to draw huge crowds, as lots of people look to gain from their many benefits. When projects are new, these numbers don’t always go as high because many investors are still unaware or unconvinced of their worth. And while these figures aren’t always indicative of the value of a project, they do give an insight into how much investors are buying into a project.
Our analysis looks at how investors feel about coins like Binance Coin (BNB) and Dai (DAI) and other information about them in the market. We also analyze newcomer, Kelexo (KLXO) which is drawing thousands of investors, to know the reasons behind this.
Binance Coin (BNB) sees moderate growth
Although Binance Coin (BNB) sits slightly less than its price from the start of the month, there is much excitement around the token. From its $287 position on the 25th of January, Binance Coin (BNB) has greatly improved, reaching $309 at press time. It looks to improve on this growth in February, with modest projections stating Binance Coin (BNB) could reach $340.
Investors could see some profit in sticking with Binance Coin (BNB) but will watch charts cautiously following a slight dip close to the end of the day.
Dai (DAI) offers limited possibilities
Stablecoins like Dai (DAI) are popular for their relative stability but that often makes them less attractive for investors. Despite this, Dai (DAI) has seen some rewards for investors, gaining by 0.03% in the last 30 days. At the time of writing, Dai (DAI) trades at $1.001 per unit, but not much growth is to be expected.
Even with a long-term outlook, Dai (DAI) ranks averagely, and investors are weighing their options elsewhere.
Confidence grows for Kelexo (KLXO)
Since it started its presale, Kelexo (KLXO) has seen many investors buy in, with more expected as it continues. So far, more than 5,000 investors have registered their interest in the project. What does Kelexo KLXO offer and why do investors trust it?
Kelexo (KLXO) is a peer-to-peer lending platform, built on blockchain principles to serve users all over the world. Using Kelexo (KLXO), borrowers will be able to meet lenders and get loans at more favorable terms than with other platforms. Loans will always work directly between both parties as Kelexo (KLXO) will eliminate middlemen and brokers.
With Kelexo (KLXO), loans will be faster and easier to get. Users will not need to complete KYC verification to use Kelexo (KLXO) and can sign up and use it in minutes.
The big draw of Kelexo (KLXO) is its low presale price of $0.022. This, paired with its profit-sharing system, means that investors could see great returns for investing in Kelexo (KLXO). They will also be able to suggest improvements to the platform and vote on key decisions.
The signs point to Kelexo (KLXO) being a great token to hold, and thousands of investors have already made the decision to buy in.
Find out more about the Kelexo (KLXO) presale by visiting the website here
