Avalanche (AVAX) holders will be very happy with how the month has gone. Ethereum (ETH) holders, on the other hand, will be a little disappointed despite the gains this month. Investors are looking back at an interesting month and looking forward to a new month, new quarter, and the possibilities that lie ahead.
The cryptocurrency space could see amazing developments as there are many tokens in supply and expected to grow well in the coming quarters. Investors will likely consider options like Avalanche (AVAX) and Ethereum (ETH), but another token they might look at is Kelexo (KLXO). Our analysis reveals why, and what investors can expect in the coming quarter.
Avalanche (AVAX) survives March Madness
Avalanche (AVAX) is a blockchain network that scales infinitely and processes transactions in less than a second. It is designed to be scalable and efficient, allowing developers to build a variety of applications. Avalanche (AVAX) is used for his DeFi and smart contracts, but can also be applied to NFTs, GameFi, and many dApps.
Avalanche (AVAX) had a strong March and continued to grow steadily. March ends about 26.72% better than it started. At the time of writing, Avalanche (AVAX) is valued at approximately $53.08 per unit.
For April, investors may think Avalanche (AVAX) is a good option. However, the current momentum may disappoint some investors. Avalanche (AVAX) seems to be on the decline at the moment, down 1% compared to a week ago. This may be temporary, so investors should stay informed.
A dominant month for Ethereum (ETH)
Ethereum (ETH) is one of the largest and most popular layer 1 networks. This month got off to a strong start for Ethereum (ETH), with a lot to look forward to. We also announced and implemented Dencun upgrades that improve scalability and reduce blockchain costs.
However, Ethereum (ETH) will fall significantly by mid-March after climbing above $4,000. Ethereum (ETH) will take time to recover and will likely not regain momentum until the last week of March. Although it has improved since the beginning of the month, the current value is a bit underwhelming due to rising expectations.
It fell further at the end of the month, with Ethereum (ETH) now worth $3,491.58 despite its intra-month high of $4,087. This is an increase of about 3% from the beginning of the month, for a profit of just over $180.Looking at the current behavior of Ethereum (ETH), there is little hope that April will be better.
Kelexo (KLXO) Sales Rapidly Heading into Q2
An impressive pick next month could be Kelexo (KLXO). This decentralized lending market has great prospects and features that attract a lot of attention. Kelexo (KLXO) allows users to get loans with great interest rates and many benefits.
Kelexo (KLXO) removes many of the barriers that make financing unavailable or difficult to obtain. KYC procedures are some of Kelexo's (KLXO) most notable omissions. Another notable absence is a broker. Kelexo (KLXO) connects borrowers directly to lenders.
At $0.05 per unit in the second phase of the presale, it's clear why many investors are buying Kelexo (KLXO). This token also offers bonuses to early investors. For example, every presale investor receives a portion of the profits generated by the platform. Kelexo (KLXO) is an interesting option in the current crypto market.
For more information on the Kelexo (KLXO) presale, please visit the website. here.
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent the opinions of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality, or accuracy of the content of this article. This article is provided for educational purposes only. Crypto Reporter shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. I am not responsible. Please research and invest at your own risk.
