There is a lot of excitement in the cryptocurrency market because of the new lending platform, Kelexo (KLXO). 

This new platform has got analysts making all sorts of bullish predictions, including the possibility of up to 25x returns on the new coin. Kelexo (KLXO) has attracted the likes of Optimism (OP) and Hedera (HBAR) traders into its project and it looks likely that more will follow.

Our article today puts Optimism (OP) and Hedera (HBAR) into focus, as well as their recent market activity while exploring the prospects of the new Kelexo (KLXO).

Optimism (OP) may face further decline

Optimism (OP) is a layer two optimistic roll-up network designed to utilize the strong security guarantees of Ethereum (ETH) while reducing its cost and latency. 

Optimism (OP) is trading at 8.98% less than 7 days ago, with a 6.25% decline in the last 30 days.

Optimism (OP) has resistance levels at $3.5, $3, 7 and $4, with support at $3.12. Given its current price of $3.41, Optimism (OP) will be facing selling pressures as it may be getting over-extended.

Hedera (HBAR) could go as low as $0.0500

Hedera (HBAR) is the native, energy-efficient cryptocurrency of the Hedera (HBAR) network used to pay transaction fees on the network.

Hedera (HBAR) is selling at $0.1056, having seen more than a 9.39% decrease in the previous 7 days. In the past 30 days, the coin has dropped by 8.71%. Hedera (HBAR) has a market cap of $3.56 billion and a fully diluted market of $5.32 billion. It has a 

Analysts believe Hedera (HBAR) may decline further to $0.0500. According to CoinMarketCap, Hedera (HBAR) is the #34 cryptocurrency by market capitalization. 

Exciting features on the new lending platform, Kelexo (KLXO)

Kelexo (KLXO) is a new P2P lending platform bringing ease and comfort to the lending and borrowing process.

Kelexo (KLXO) offers loans backed by a one-to-one ratio of digital assets. By leveraging blockchain technology, Kelexo (KLXO) can provide flexible borrowing terms for borrowers. For investors, Kelexo (KLXO) offers them the freedom to liquidate their loans at any time without experiencing lockup periods. 

For as little as $0.05, investors can get a share of the 440 million Kelexo (KLXO) tokens. With 70% of this total supply earmarked for distribution during presale and selling fast, it is without a doubt that the price will rise soon.

Kelexo (KLXO) plans to lock team tokens for a maximum of 500 days, while liquidity will be locked for life. Kelexo (KLXO) is an entirely safe investment for investors and has passed its audit.

Kelexo (KLXO) has planned a total of six stages for its presale and at the moment, it is in the second stage of the presale. The earlier you get in, the better your chances at significant profits by the end of the year.

Find out more about the Kelexo (KLXO) presale by visiting the website here.