DeFi

Dogecoin

Gains

Coin

Dogecoin (DOGE) is losing ground as meme coins fall out of fashion. On the other hand, stablecoins like Tether USDT (USDT), while serving a vital function as an off-ramp and on-ramp for crypto, are pegged to the U.S. Dollar, which doesn’t exactly make it an investment that “moons” in value. But that’s exactly why Dogecoin (DOGE) holders and USDT holders alike are plowing their gains into <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo (KLXO)</a>, a DeFi protocol in its presale phase that industry observers predict could turn in a 20x gain this year.
<h2 id="b-tether-usdt-usdt-gains-traction-in-argentina-b">Tether USDT (USDT) Gains Traction in Argentina</h2>
Tether (USDT) is a highly prominent and extensively utilized stablecoin within the cryptocurrency industry. The main reason for its popularity is its remarkable stability, as it is tied to the U.S. dollar, ensuring a steady value of one dollar per USDT. According to the Tether (USDT) Foundation, every Tether (USDT) token in circulation is supposedly backed by an equivalent U.S. dollar held in reserve by its issuer, Tether (USDT) Ltd. The pegging mechanism in place guarantees that the value of Tether (USDT) is always equivalent to that of the U.S. dollar. Tether (USDT) has seen major traction in countries dealing with severe economic crises. 60% of Argentinian local exchange Bitso’s purchases were for Tether (USDT) and USD Coin (USDC), as opposed to just 13% for Bitcoin (BTC).
<h2 id="b-is-dogecoin-doge-finally-dead-b">Is Dogecoin (DOGE) Finally Dead?</h2>
Despite the overall growth of the total crypto market cap in February—rising from $1.62 trillion in January to $1.9 trillion as of February 12th—Dogecoin (DOGE) has struggled to match the performance of other altcoins. Dogecoin (DOGE) continues to hover around $0.08, indicating Dogecoin’s (DOGE) diminishing standing in the crypto world in 2024. That is reflected in the dwindling Dogecoin (DOGE) mentions on social media and in the internet, despite still being the #1 meme coin by market cap.
<h2 id="b-kelexo-klxo-poised-to-become-a-leader-in-p2p-lending-b">Kelexo (KLXO) Poised to Become a Leader in P2P Lending</h2>
The decentralized finance sector is going to be one of the major narratives driving the next bull run in 2025—which is why investing in DeFi protocols with serious moon potential is where the smart money is flowing into. One of the most tantalizing presale investment opportunities in DeFi is newly-launched P2P lending protocol <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo (KLXO)</a>. —which industry observers believe could be on the verge of a breakout year.
Kelexo (KLXO) is building the first and only decentralized P2P lending marketplace, wherein lenders and borrowers could engage in lending and borrowing activities. Lenders could earn passive income from locking up their cryptocurrencies and provision loans, while borrowers can simply browse the vast marketplace for a loan that suits their needs. No other lending platform will make P2P lending as easy as Kelexo (KLXO) will in 2024—making it a can’t-miss investment prospect that could easily turn in a 50x from its launch prices of $0.022. It’s no surprise why Dogecoin (DOGE) and USDT holders are among the 5000+ new joiners in February–Kelexo (KLXO) is a potential low-cap blue chipper that every crypto investor is hunting for. Don’t leave money on the table—join the <a href="https://presale.kelexo.com/" rel="noopener noreferrer nofollow">Kelexo (KLXO) presale</a> today.
Find out more about the Kelexo (KLXO) presale by visiting the website <a href="https://kelexo.com" rel="noopener noreferrer nofollow">here</a>
The post <a href="https://thecoinrise.com/patterns-noticed-as-sizable-funds-stake-kelexo-klxo-presale-from-tether-usdt-usdt-dogecoin-doge/" rel="noopener noreferrer nofollow">Patterns noticed as sizable funds stake Kelexo (KLXO) presale from Tether USDT (USDT) &amp; Dogecoin (DOGE)</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Patterns noticed as sizable funds stake Kelexo (KLXO) presale from Tether USDT (USDT) & Dogecoin (DOGE)

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