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Kaspa (KAS) generated life-changing gains for early-stage investors who rode the token’s rise and all-time highs earlier in January. One Kaspa (KAS) holder has identified the decentralized lending platform Kelexo (KLXO) as one of the early-stage opportunities that could create big gains in 2024. Lending is big business, and Kelexo (KLXO) solves many issues in the crypto world in this multi-billion dollar market. BNB (BNB), meanwhile, completed another token burn which has helped sustain prices despite a recent flash crash as Bitcoin (BTC) fell to December 2023 lows at $38,800.
Kaspa (KAS) Endures Rough Start to 2024
Kaspa (KAS) is a relative newcomer to the crypto world, having been launched in 2022. KAS surged into prominence in 2023 – breaching its all-time high of $0.15 last November 19th, when they were officially listed on Binance (BNB). Since then, many Kaspa (KAS) holders have begun taking profits, causing intense selling pressure. It has resulted in Kaspa (KAS) token prices tanking by 38% from ATH, currently trading at $0.096 as of this writing. Kaspa (KAS) holders who took profits are rolling them back into the newly-launched decentralized lending protocol Kelexo (KLXO).
BNB (BNB) Token Burns Stabilizing Support at $290
BNB (BNB), the native token of the Binance exchange ecosystem, recently completed its latest quarterly burn of BNB (BNB) tokens, removing over 2 million BNB (BNB) from circulation. The token BNB (BNB) implements quarterly burns to reduce supply, boost scarcity, and shore up prices. It was trading at $296 as of this writing, holding support at $290, after a -4% decline from $310 in the past 24 hours.
Kelexo (KLXO) Presale Tipped by Kaspa (KAS) Whale to Rise in 2024
The most lucrative investment opportunities are found in presales, as an early Kaspa (KAS) whale who made eye-popping gains had revealed. The same individuals believe the newly-launched decentralized lending platform Kelexo (KLXO) is one of the top presale opportunities that ticks the same boxes that Kaspa (KAS) did for early adopters.
Kelexo recently launched stage 1 of its presale phase, which saw a surge of 2,500+ sign-ups within the first 48 hours of Kelexo’s announcement. KLXO is introducing its Kelexo (KLXO) native token at a major discount during its stage 1 launch, with token prices at $0.022. Market analysts tip Kelexo to turn in a 50x performance in 2024 should the bulls return after April’s scheduled Bitcoin halving. This pegs KLXO to trade around the $0.90 to $1.15 range—and potentially more should buying pressure exceed the token supply.
Kelexo (KLXO) enables lenders and borrowers to engage in P2P lending without the need for third-party intermediary gatekeeping between Kelexo (KLXO) users. Prospective lenders can earn passive income by way of interest on credit they extend on the Kelexo (KLXO) marketplace, while borrowers gain 24/7 access to credit facilities without the hassle of KYC, endless wait times, or exorbitant fees. Payments are instant and loan terms/conditions are governed entirely by smart contracts, ensuring a user-friendly and truly decentralized P2P lending experience.
Kelexo (KLXO) is expected to disrupt the $200 billion peer-to-peer lending industry with its offering, giving early adopters a rare opportunity to be at the very beginning of a presale project with legs to make a parabolic run in 2024.
Find out more about the Kelexo (KLXO) presale by visiting the website here
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Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
